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

Meredith Village Savings Bank - Overview

  • General
  • FDIC Certificate #: 17180
    Status: Active
    Federal Reserve ID: 576608
    Date Established: January 01, 1869
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 13 (Domestic: 13, Interstate: No)
    OTS Docket #: 7994
    FDIC's unique #: 11214
    Numeric code: 42
    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: January 28, 1953
    Last Structure Change Effective Date: March 03, 2009
    Last Structure Change Process Date: March 03, 2009
    Last Data Update: March 03, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 24 State Route 25, Meredith, NH 3253
    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
  • Financial Summary
  • Total assets: $669.2 mil
    Equity capital: $73.9 mil
    Deposits held in domestic offices: $513.6 mil
    Return on assets (ROA): 0.65% ($4.3 mil)
    Quarterly return on assets: 0.31% ($2.1 mil)
    Return on Equity (ROE): 5.79% ($4.3 mil)
    Quarterly return on equity: 2.81% ($2.1 mil)
    Net income: $4.2 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 0.88% ($5,888.6 mil)
    Quarterly Pretax return on assets: 0.21% ($1,405.2 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
  • 190Total employees (full-time equivalent)
  • $669,160Total assets
  • $37,912Cash and due from depository institutions
  • $31,448Interest-bearing balances
  • $76,898Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $503,809Net loans & leases
  • $4,580Loan loss allowance
  • $0Trading account assets
  • $20,797Bank premises and fixed assets
  • $345Other real estate owned
  • $2,354Goodwill and other intangibles
  • $669,160Life insurance assets
  • $27,045All other assets
  • $595,272Total liabilities and capital
  • $513,598Total liabilities
  • $484,890Total deposits
  • $513,598Interest-bearing deposits
  • $81Deposits held in domestic offices
  • 22714.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $54,222Trading liabilities
  • $0Other borrowed funds
  • $4,738Subordinated debt
  • $73,888All other liabilities
  • $73,888Total equity capital
  • $73,888Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $23,024Surplus
  • $50,864Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $740Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,984Income earned, not collected on loans
  • $0Earning assets
  • $2,248Long-term assets (5+ years)
  • $612,155Average Assets, year-to-date
  • $290,534Average Assets, quarterly
  • $644,199Volatile liabilities
  • $660,252Insider loans
  • $468,869FHLB advances
  • $651,905Loans and leases held for sale
  • $12,812Unused loan commitments
  • $11,276Tier 1 (core) risk-based capital
  • $70,634Tier 2 risk-based capital
  • $1,536Total risk weighted assets
  • $0Total unused commitments
  • $105,225Restructured Loans and leases
  • $3,436Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $30,392Total interest income
  • $5,687Total interest expense
  • $24,705Net interest income
  • $1,789Provision for loan and lease losses
  • $5,569Total noninterest income
  • $0Fiduciary activities
  • $1,665Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,904Additional noninterest income
  • $23,157Total noninterest expense
  • $14,287Salaries and employee benefits
  • $3,163Premises and equipment expense
  • $5,707Additional noninterest expense
  • $5,328Pre-tax net operating income
  • $315Securities gains (losses)
  • $1,468Applicable income taxes
  • $4,175Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,175Net income attributable to bank
  • $0Net charge-offs
  • $4,175Cash dividends
  • $1,510Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.16%Yield on earning assets
  • 0.97%Cost of funding earning assets
  • 4.20%Net interest margin
  • 0.95%Noninterest income to earning assets
  • 3.93%Noninterest expense to earning assets
  • 0.61%Net operating income to assets
  • 0.65%Return on assets (ROA)
  • 0.88%Pretax return on assets
  • 5.79%Return on equity (ROE)
  • 5.79%Retained earnings to average equity (YTD only)
  • 0.30%Net charge-offs to loans
  • 118.48%Credit loss provision to net charge-offs
  • 4.71%Efficiency ratio
  • 76,491Assets per employee
  • 3.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.90%Loss allowance to noncurrent loans
  • 230.85%Noncurrent assets plus other real estate owned to assets
  • 0.35%Noncurrent loans to loans
  • 0.39%Net loans and leases to deposits
  • 98.09%Net loans and leases to core deposits
  • 104.32%Equity capital to assets
  • 11.04%Core capital (leverage) ratio
  • 10.84%Tier 1 risk-based capital ratio
  • 15.06%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $644,199Average earning assets
  • $72,092Average equity
  • $588,565Average loans

List of branches

  • 13 New Hampshire Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011214Meredith Village Savings Bank24 State Route 25, Meredith, NH 3253January 01, 1869Full Service Brick and Mortar
    1240814Ashland Office5 Riverside Drive, Ashland, NH 3217June 30, 1934Full Service Brick and Mortar
    2240815Center Harbor/Moultonborough Office28 State Route 25, Moultonborough, NH 3254April 07, 1975Full Service Brick and Mortar
    3240816Route 104 Office71 State Route 104, Meredith, NH 3253May 25, 1990Full Service Brick and Mortar
    4240817Moultonborough Corner Office991 State Route 25, Moultonborough, NH 3254January 22, 1996Full Service Brick and Mortar
    5240818Gilford Branch1383 Lakeshore Road, Gilford, NH 3246June 10, 1999Full Service Brick and Mortar
    7340713Hatch Plaza Branch389 Tenney Mountain Highway, Plymouth, NH 3264May 13, 2000Full Service Brick and Mortar
    8440865Plymouth Branch131 Main Street, Plymouth, NH 3264Febuary 17, 2005Full Service Brick and Mortar
    9444589Laconia Branch379 South Main Street, Laconia, NH 3246August 17, 2005Full Service Brick and Mortar
    10444990Campton Corners Branch25 Vintinner Road, Campton, NH 3223June 26, 2004
    11451710Alton Branch82 Wolfeboro Highway, Alton, NH 3809June 10, 2006Full Service Retail
    12470603State Route 25 Meredith Branch10 State Route 25, Meredith, NH 3253August 09, 2006
    14481426Wolfeboro Branch66 North Main Street, Wolfeboro, NH 3894September 26, 2008Full Service Brick and Mortar

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