Ledyard National Bank in Norwich, Vermont (VT), NH
Overview, Financial Summary, Detailed Financial Reports, Branches

Ledyard National Bank - Overview

  • General
  • FDIC Certificate #: 33418
    Status: Active
    Federal Reserve ID: 1863097
    Bank Holding Company (Regulatory Top Holder): Ledyard Financial Group, Inc. (RSSDID: 3625123, Location: Hanover, NH)
    Date Established: May 22, 1991
    WWW: http://www.ledyardbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 7 (Domestic: 7, Interstate: Yes)
    OTS Docket #: 10057
    FDIC's unique #: 47078
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: May 22, 1991
    Last Structure Change Effective Date: July 30, 2008
    Last Structure Change Process Date: July 30, 2008
    Last Data Update: July 30, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 320 Main Street, Norwich, VT 5055
    County: Windsor
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Springfield Ma
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Combined Statistical Area (CSA): Claremont-Lebanon, NH-VT (#180)
    Core Based Statistical Area (CBSA): Lebanon, NH-VT (#30100)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $390.6 mil
    Equity capital: $35.8 mil
    Deposits held in domestic offices: $313.7 mil
    Return on assets (ROA): 0.68% ($2.7 mil)
    Quarterly return on assets: 0.73% ($2.9 mil)
    Return on Equity (ROE): 7.63% ($2.7 mil)
    Quarterly return on equity: 7.85% ($2.8 mil)
    Net income: $2.6 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 0.88% ($3,437.4 mil)
    Quarterly Pretax return on assets: 0.79% ($3,085.9 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
  • 96Total employees (full-time equivalent)
  • $390,619Total assets
  • $14,926Cash and due from depository institutions
  • $5,454Interest-bearing balances
  • $138,336Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $210,791Net loans & leases
  • $5,707Loan loss allowance
  • $0Trading account assets
  • $7,948Bank premises and fixed assets
  • $280Other real estate owned
  • $0Goodwill and other intangibles
  • $390,619Life insurance assets
  • $18,338All other assets
  • $354,868Total liabilities and capital
  • $313,743Total liabilities
  • $297,715Total deposits
  • $313,743Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 16763.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $21,253Trading liabilities
  • $0Other borrowed funds
  • $3,109Subordinated debt
  • $35,751All other liabilities
  • $35,751Total equity capital
  • $35,751Total bank equity capital
  • $0Perpetual preferred stock
  • $1,031Common stock
  • $10,322Surplus
  • $24,398Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $987Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,993Income earned, not collected on loans
  • $0Earning assets
  • $1,481Long-term assets (5+ years)
  • $354,581Average Assets, year-to-date
  • $104,956Average Assets, quarterly
  • $386,171Volatile liabilities
  • $385,334Insider loans
  • $228,394FHLB advances
  • $389,882Loans and leases held for sale
  • $9,036Unused loan commitments
  • $6,305Tier 1 (core) risk-based capital
  • $33,376Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,731Total unused commitments
  • $49,404Restructured Loans and leases
  • $2,875Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $13,455Total interest income
  • $2,013Total interest expense
  • $11,442Net interest income
  • $675Provision for loan and lease losses
  • $8,534Total noninterest income
  • $6,856Fiduciary activities
  • $356Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,322Additional noninterest income
  • $16,220Total noninterest expense
  • $9,615Salaries and employee benefits
  • $2,839Premises and equipment expense
  • $3,766Additional noninterest expense
  • $3,081Pre-tax net operating income
  • $313Securities gains (losses)
  • $754Applicable income taxes
  • $2,640Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,640Net income attributable to bank
  • $0Net charge-offs
  • $2,640Cash dividends
  • $1,274Sale, conversion, retirement of capital stock, net
  • $2,080Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.85%Yield on earning assets
  • 0.58%Cost of funding earning assets
  • 3.27%Net interest margin
  • 2.44%Noninterest income to earning assets
  • 4.64%Noninterest expense to earning assets
  • 0.62%Net operating income to assets
  • 0.68%Return on assets (ROA)
  • 0.88%Pretax return on assets
  • 7.63%Return on equity (ROE)
  • 1.62%Retained earnings to average equity (YTD only)
  • 0.61%Net charge-offs to loans
  • 52.98%Credit loss provision to net charge-offs
  • 2.95%Efficiency ratio
  • 81,197Assets per employee
  • 4.07%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 78.79%Loss allowance to loans
  • 2.64%Loss allowance to noncurrent loans
  • 114.30%Noncurrent assets plus other real estate owned to assets
  • 1.35%Noncurrent loans to loans
  • 2.31%Net loans and leases to deposits
  • 67.19%Net loans and leases to core deposits
  • 69.21%Equity capital to assets
  • 9.15%Core capital (leverage) ratio
  • 8.56%Tier 1 risk-based capital ratio
  • 14.61%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $386,171Average earning assets
  • $34,597Average equity
  • $349,839Average 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
  • $747,148Managed Assets
  • 1Number of Accounts
  • $700,843Personal trust and agency accounts
  • $447,457Employee benefit-defined contribution accounts
  • $1,637Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $106,941Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $125,171Other fiduciary accounts
  • $19,637Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 1445Number of Accounts
  • $0Personal trust and agency accounts
  • $106,941Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $46,305Other retirement accounts
  • $43,401Corporate trust and agency accounts
  • $66Other fiduciary accounts
  • $2,533Fiduciary accounts held in foreign offices

List of branches

  • 6 New Hampshire Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    1289597Drive-Up BranchIntersection Lebanon/South Park Street, Hanover, NH 3755April 01, 1993Limited Service Facility
    2289598Lyme BranchStella's Kitchen Building, Route 10, Lyme, NH 3768October 23, 1995Full Service Brick and Mortar
    3289599Hanover Branch38 South Main Street, Hanover, NH 3755January 05, 1996Full Service Brick and Mortar
    4289600West Lebanon Branch67 Main Street, West Lebanon, NH 3784September 05, 1997Full Service Brick and Mortar
    6357671New London Branch - Retail299 County Road, New London, NH 3257March 15, 2000Full Service Brick and Mortar
    7361830Route 120 Branch42 Old Etna Road, Lebanon, NH 3766March 15, 2001Full Service Brick and Mortar
  • 1 Vermont Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    047078Ledyard National Bank320 Main Street, Norwich, VT 5055May 22, 1991Full Service Brick and Mortar

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