Laconia Savings Bank in Laconia, New Hampshire (NH)
Overview, Financial Summary, Detailed Financial Reports, Branches

Laconia Savings Bank - Overview

  • General
  • FDIC 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
    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
  • Location
  • Address: 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 Changes
  • Office Purchased
  • Financial Summary
  • Total 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
  • 271Total employees (full-time equivalent)
  • $1,107,327Total assets
  • $67,879Cash and due from depository institutions
  • $46,370Interest-bearing balances
  • $254,562Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $704,123Net loans & leases
  • $10,348Loan loss allowance
  • $0Trading account assets
  • $22,998Bank premises and fixed assets
  • $250Other real estate owned
  • $22,268Goodwill and other intangibles
  • $1,107,327Life insurance assets
  • $35,247All other assets
  • $988,363Total liabilities and capital
  • $876,097Total liabilities
  • $751,541Total deposits
  • $876,097Interest-bearing deposits
  • $81Deposits held in domestic offices
  • 97857.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,361Trading liabilities
  • $0Other borrowed funds
  • $12,048Subordinated debt
  • $118,964All other liabilities
  • $118,964Total equity capital
  • $118,964Total bank equity capital
  • $0Perpetual preferred stock
  • $250Common stock
  • $14,500Surplus
  • $104,214Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $869Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $12,179Income earned, not collected on loans
  • $472Earning assets
  • $3,554Long-term assets (5+ years)
  • $1,005,055Average Assets, year-to-date
  • $431,201Average Assets, quarterly
  • $1,076,008Volatile liabilities
  • $1,092,133Insider loans
  • $726,200FHLB advances
  • $1,063,041Loans and leases held for sale
  • $21,774Unused loan commitments
  • $21,774Tier 1 (core) risk-based capital
  • $95,749Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $142,813Restructured Loans and leases
  • $171Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $45,401Total interest income
  • $8,185Total interest expense
  • $37,216Net interest income
  • $1,500Provision for loan and lease losses
  • $10,341Total noninterest income
  • $1,536Fiduciary activities
  • $3,239Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5,566Additional noninterest income
  • $37,558Total noninterest expense
  • $21,281Salaries and employee benefits
  • $5,847Premises and equipment expense
  • $10,430Additional noninterest expense
  • $8,499Pre-tax net operating income
  • $64Securities gains (losses)
  • $1,903Applicable income taxes
  • $6,660Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,660Net income attributable to bank
  • $0Net charge-offs
  • $6,660Cash dividends
  • $1,419Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.63%Yield on earning assets
  • 0.84%Cost of funding earning assets
  • 3.80%Net interest margin
  • 1.06%Noninterest income to earning assets
  • 3.83%Noninterest expense to earning assets
  • 0.61%Net operating income to assets
  • 0.62%Return on assets (ROA)
  • 0.80%Pretax return on assets
  • 5.85%Return on equity (ROE)
  • 5.85%Retained earnings to average equity (YTD only)
  • 0.20%Net charge-offs to loans
  • 105.71%Credit loss provision to net charge-offs
  • 7.05%Efficiency ratio
  • 78,241Assets per employee
  • 4.09%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.45%Loss allowance to noncurrent loans
  • 84.97%Noncurrent assets plus other real estate owned to assets
  • 1.12%Noncurrent loans to loans
  • 1.70%Net loans and leases to deposits
  • 80.37%Net loans and leases to core deposits
  • 84.84%Equity capital to assets
  • 10.74%Core capital (leverage) ratio
  • 9.01%Tier 1 risk-based capital ratio
  • 13.18%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $1,076,008Average earning assets
  • $113,871Average equity
  • $979,667Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $217,836Managed Assets
  • 1Number of Accounts
  • $153,357Personal trust and agency accounts
  • $55,628Employee benefit-defined contribution accounts
  • $3,225Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $20,867Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $73,637Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 352Number of Accounts
  • $0Personal trust and agency accounts
  • $20,867Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $64,479Other retirement accounts
  • $4,076Corporate trust and agency accounts
  • $60,132Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 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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