Laconia Savings Bank in Laconia, New Hampshire (NH)



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Laconia Savings Bank routing number info

Table of contents:
Laconia Savings Bank
GeneralFDIC Certificate #: 18012
Status: Active
Federal Reserve ID: 265407
Bank Holding Company (Regulatory Top Holder): Lsb Financial (RSSDID: 2545831, Location: Laconia, NH)
Date Established: July 02, 1831
WWW: http://www.laconiasavings.com
Trust Powers Granted: Yes
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 23 (Domestic: 21, Interstate: No)
OTS Docket #: 10780
FDIC's unique #: 11942
Numeric code: 41
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
FDIC Insured: Yes
Insured Savings Institution: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: July 02, 1959
Last Structure Change Effective Date: December 19, 2008
Last Structure Change Process Date: Febuary 12, 2009
Last Data Update: Febuary 12, 2009
Data Source Date: April 05, 2012
LocationAddress: 62 Pleasant Street, Laconia, NH 3246
County: Belknap
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: New York
FDIC Field Office: Concord
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
Combined Statistical Area (CSA): Boston-Worcester-Manchester, MA-RI-NH (#148)
Core Based Statistical Area (CBSA): Laconia, NH (#29060)
CBSA Micro Statistical Area: Yes
History of ChangesOffice Purchased
Financial SummaryTotal assets: $1,107.3 mil
Equity capital: $119.0 mil
Deposits held in domestic offices: $876.1 mil
Return on assets (ROA): 0.62% ($6.9 mil)
Quarterly return on assets: 0.60% ($6.6 mil)
Return on Equity (ROE): 5.85% ($7.0 mil)
Quarterly return on equity: 5.54% ($6.6 mil)
Net income: $6.7 mil
Quarterly Net income: $1.6 mil
Pretax return on assets: 0.80% ($8,858.6 mil)
Quarterly Pretax return on assets: 0.72% ($7,972.8 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)271
Total assets$1,107,327
Cash and due from depository institutions$67,879
Interest-bearing balances$46,370
Securities$254,562
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$704,123
Loan loss allowance $10,348
Trading account assets$0
Bank premises and fixed assets$22,998
Other real estate owned$250
Goodwill and other intangibles$22,268
All other assets$35,247
Life insurance assets$1,107,327
Total liabilities and capital$988,363
Total liabilities$876,097
Total deposits$751,541
Interest-bearing deposits$876,097
Deposits held in domestic offices$81
% insured (estimated)97857.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$2,361
Other borrowed funds $0
Subordinated debt $12,048
All other liabilities $118,964
Total equity capital$118,964
Total bank equity capital$118,964
Perpetual preferred stock$0
Common stock$250
Surplus$14,500
Undivided profits $104,214
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $869
Income earned, not collected on loans $12,179
Earning assets $472
Long-term assets (5+ years) $3,554
Average Assets, year-to-date $1,005,055
Average Assets, quarterly $431,201
Volatile liabilities $1,076,008
Insider loans $1,092,133
FHLB advances $726,200
Loans and leases held for sale $1,063,041
Unused loan commitments $21,774
Tier 1 (core) risk-based capital $21,774
Tier 2 risk-based capital $95,749
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $142,813
Derivatives$171
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $45,401
Total interest expense $8,185
Net interest income $37,216
Provision for loan and lease losses $1,500
Total noninterest income $10,341
Fiduciary activities $1,536
Service charges on deposit accounts $3,239
Trading account gains & fees $0
Additional noninterest income $5,566
Total noninterest expense $37,558
Salaries and employee benefits $21,281
Premises and equipment expense $5,847
Additional noninterest expense $10,430
Pre-tax net operating income $8,499
Securities gains (losses) $64
Applicable income taxes $1,903
Income before extraordinary items $6,660
Extraordinary gains - net $0
Net income attributable to bank $6,660
Net charge-offs $0
Cash dividends $6,660
Sale, conversion, retirement of capital stock, net $1,419
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.63%
Cost of funding earning assets 0.84%
Net interest margin 3.80%
Noninterest income to earning assets 1.06%
Noninterest expense to earning assets 3.83%
Net operating income to assets 0.61%
Return on assets (ROA) 0.62%
Pretax return on assets 0.80%
Return on equity (ROE) 5.85%
Retained earnings to average equity (YTD only) 5.85%
Net charge-offs to loans 0.20%
Credit loss provision to net charge-offs 105.71%
Efficiency ratio7.05%
Assets per employee$78,241
Cash dividends to net income (YTD only)4.09%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.45%
Noncurrent assets plus other real estate owned to assets 84.97%
Noncurrent loans to loans 1.12%
Net loans and leases to deposits1.70%
Net loans and leases to core deposits 80.37%
Equity capital to assets 84.84%
Core capital (leverage) ratio 10.74%
Tier 1 risk-based capital ratio 9.01%
Total risk-based capital ratio 13.18%
Memoranda
Average assets$14
Average earning assets$1,076,008
Average equity $113,871
Average loans $979,667
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$217,836
Number of Accounts1
Personal trust and agency accounts$153,357
Employee benefit-defined contribution accounts$55,628
Employee benefit-defined benefit accounts$3,225
Other retirement accounts$0
Corporate trust and agency accounts$20,867
Investment management agency accounts$0
Other fiduciary accounts$73,637
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts352
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$20,867
Employee benefit-defined benefit accounts$0
Other retirement accounts$64,479
Corporate trust and agency accounts$4,076
Other fiduciary accounts$60,132
Fiduciary accounts held in foreign offices$0
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23 New Hampshire Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
011942Laconia Savings Bank62 Pleasant Street, Laconia, NH 3246July 02, 1831Full Service Brick and Mortar
4271824Gilford Branch1441 Lakeshore Road, Gilford, NH 3246Febuary 09, 1979Full Service Brick and Mortar
6243537Moultonborough Banking BranchRoute 25, Moultonborough, NH 3254March 18, 1996Full Service Brick and Mortar
7243538J. Olivia Huot Tech. Ctr. Branch345 Union Avenue, Laconia, NH 3246November 15, 1995Limited Service Facility
8243539Concord Branch167 North Main Street, Concord, NH 3301June 29, 1998Full Service Brick and Mortar
94188Claremont Branch14 Sullivan Street, Claremont, NH 3743January 01, 1892Full Service Brick and Mortar
1016Littleton Branch160 Main Street, Littleton, NH 3561September 23, 1923Full Service Brick and Mortar
11180880Ossipee BranchRoute 16, Ossipee, NH 3864June 06, 1966Full Service Brick and Mortar
12180883Conway Branch23 Main Street, Conway, NH 3818June 13, 1981Full Service Brick and Mortar
134225Woodsville Branch55 Central Street, Woodsville, NH 3785January 01, 1897Full Service Brick and Mortar
1411891Whitefield Branch60 Kings Square, Whitefield, NH 3598January 01, 1891Full Service Brick and Mortar
1510684Gorham Branch583 Main Street, Gorham, NH 3581January 02, 1946Full Service Brick and Mortar
16243546Plymouth BranchRoute 25, Plymouth, NH 3264Febuary 01, 1982Full Service Brick and Mortar
17243547Lincoln BranchRoute 112, Lincoln, NH 3251Febuary 28, 1983Full Service Brick and Mortar
18429557Concord Heights Branch11 Triangle Park Drive, Concord, NH 3301November 14, 2003Full Service Brick and Mortar
19437871Bedford Branch265 Wallace Road, Bedford, NH 3110January 26, 2005Full Service Brick and Mortar
20439999Dover Branch845 Central Avenue, Dover, NH 3820April 04, 2005Full Service Brick and Mortar
2116564Gilford Village OfficeOne Country Club Road, Gilford, NH 3246Febuary 16, 1982Full Service Brick and Mortar
22243554Antrim Branch77 Main Street, Antrim, NH 3440March 17, 1975Full Service Brick and Mortar
23243560Hillsborough Branch325 West Main St, Hillsborough, NH 3244August 07, 1989Full Service Brick and Mortar
24518079Taylor Home Branch435 Union Avenue, Laconia, NH 3246March 03, 2011Limited Service Facility
25527934Rochester Branch301 North Main Street, Rochester, NH 3867January 17, 2012Full Service Brick and Mortar
26528464Manchester Branch705 Hooksett Road, Manchester, NH 3104Febuary 06, 2012Full Service Brick and Mortar
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