LyndonBank in Lyndonville, Vermont (VT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 2008

  • LyndonBank in Lyndonville, Vermont (VT)
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LyndonBank - Overview

  • General
  • FDIC Certificate #: 14155
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Community National Bank (#6271)
    Federal Reserve ID: 331106
    Date Established: December 27, 1922
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Interstate: No)
    OTS Docket #: 9357
    FDIC's unique #: 8839
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: April 02, 1934
    Last Structure Change Effective Date: January 01, 2008
    Last Structure Change Process Date: March 11, 2008
    Last Data Update: March 11, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 98 Broad, Lyndonville, VT 5851
    County: Caledonia
    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
  • Financial Summary
  • Total assets: $148.7 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, 2007)

  • Dollar figures in thousands
  • 61Total employees (full-time equivalent)
  • $148,663Total assets
  • $6,160Cash and due from depository institutions
  • $404Interest-bearing balances
  • $23,544Securities
  • $2,751Federal funds sold & reverse repurchase agreements
  • $104,620Net loans & leases
  • $787Loan loss allowance
  • $0Trading account assets
  • $4,971Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $3,559Life insurance assets
  • $6,617All other assets
  • $148,663Total liabilities and capital
  • $136,011Total liabilities
  • $120,333Total deposits
  • $99,020Interest-bearing deposits
  • $120,333Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $5,532Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $8,943Other borrowed funds
  • $0Subordinated debt
  • $1,203All other liabilities
  • $12,652Total equity capital
  • $12,652Total bank equity capital
  • $12,652Perpetual preferred stock
  • $0Common stock
  • $653Surplus
  • $2,138Undivided profits
  • Memoranda
  • $9,861Noncurrent loans and leases
  • $20,106Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $769Earning assets
  • $142Long-term assets (5+ years)
  • $424Average Assets, year-to-date
  • $131,319Average Assets, quarterly
  • $68,847Volatile liabilities
  • $156,509Insider loans
  • $152,647FHLB advances
  • $32,079Loans and leases held for sale
  • $3,586Unused loan commitments
  • $8,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $130Total risk weighted assets
  • $20,106Total unused commitments
  • $0Restructured Loans and leases
  • $787Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $9,599Total interest income
  • $4,060Total interest expense
  • $5,539Net interest income
  • $50Provision for loan and lease losses
  • $998Total noninterest income
  • $9Fiduciary activities
  • $520Service charges on deposit accounts
  • $0Trading account gains & fees
  • $469Additional noninterest income
  • $7,505Total noninterest expense
  • $4,003Salaries and employee benefits
  • $1,062Premises and equipment expense
  • $2,440Additional noninterest expense
  • -$1,018Pre-tax net operating income
  • $51Securities gains (losses)
  • -$311Applicable income taxes
  • -$656Income before extraordinary items
  • $0Extraordinary gains - net
  • -$656Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $382Sale, conversion, retirement of capital stock, net
  • $730Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.83%Yield on earning assets
  • 2.89%Cost of funding earning assets
  • 3.94%Net interest margin
  • 0.71%Noninterest income to earning assets
  • 5.34%Noninterest expense to earning assets
  • -0.44%Net operating income to assets
  • -0.42%Return on assets (ROA)
  • -0.62%Pretax return on assets
  • -4.72%Return on equity (ROE)
  • -9.97%Retained earnings to average equity (YTD only)
  • 0.34%Net charge-offs to loans
  • 13.09%Credit loss provision to net charge-offs
  • -2.53%Efficiency ratio
  • 114,808Assets per employee
  • 2.44%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -111.28%Loss allowance to loans
  • 0.75%Loss allowance to noncurrent loans
  • 102.34%Noncurrent assets plus other real estate owned to assets
  • 0.52%Noncurrent loans to loans
  • 0.73%Net loans and leases to deposits
  • 86.94%Net loans and leases to core deposits
  • 102.78%Equity capital to assets
  • 8.51%Core capital (leverage) ratio
  • 8.29%Tier 1 risk-based capital ratio
  • 12.19%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $156,509Average earning assets
  • $13,895Average equity
  • $140,468Average loans

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