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- Banks in New Hampshire (NH)
- Olde Port Bank and Trust
Olde Port Bank and Trust in Portsmouth, New Hampshire (NH)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of December 01, 1999
- Olde Port Bank and Trust in Portsmouth, New Hampshire (NH)
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Olde Port Bank and Trust - Overview
- General
- FDIC Certificate #: 26817
Status: Inactive
Closing history: Absorption - Without Assistance
Acquiring institution: Webster Bank, National Association (#18221)
Federal Reserve ID: 407001
Date Established: October 27, 1986
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
OTS Docket #: 13254
FDIC's unique #: 35997
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: October 27, 1986
Last Structure Change Effective Date: December 01, 1999
Last Structure Change Process Date: Febuary 01, 2000
Last Data Update: Febuary 01, 2000
Data Source Date: April 05, 2012 - Location
- Address: 501 Islington Street, Portsmouth, NH 3801
County: Rockingham
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
Metropolitan Statistical Area (MSA): Portsmouth-Rochester, NH-ME (#6450)
Consolidated Metropolitan Statistical Area (CMSA): Boston-Worcester-Lawrence, MA-NH-ME-CT (#7)
Combined Statistical Area (CSA): Boston-Worcester-Manchester, MA-RI-NH (#148)
Core Based Statistical Area (CBSA): Boston-Cambridge-Quincy, MA-NH (#14460)
CBSA Metro Statistical Area: Boston-Cambridge-Quincy, MA-NH (#14460)
Core Based Statistical Division: Rockingham County-Strafford County, NH (#40484) - Financial Summary
- Total assets: $59.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
- Dollar figures in thousands
- 22Total employees (full-time equivalent)
- $56,024Total assets
- $5,049Cash and due from depository institutions
- $717Interest-bearing balances
- $11,999Securities
- $1,094Federal funds sold & reverse repurchase agreements
- $35,360Net loans & leases
- $681Loan loss allowance
- $0Trading account assets
- $1,817Bank premises and fixed assets
- $0Other real estate owned
- $0Goodwill and other intangibles
- $0Life insurance assets
- $705All other assets
- $56,024Total liabilities and capital
- $50,793Total liabilities
- $47,738Total deposits
- $36,054Interest-bearing deposits
- $47,738Deposits held in domestic offices
- 0.00%% insured (estimated)
- $1,284Federal funds purchased & repurchase agreements
- $0Trading liabilities
- $1,669Other borrowed funds
- $0Subordinated debt
- $102All other liabilities
- $5,231Total equity capital
- $5,231Total bank equity capital
- $5,231Perpetual preferred stock
- $0Common stock
- $5Surplus
- $2,851Undivided profits
- Memoranda
- $2,375Noncurrent loans and leases
- $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $0Income earned, not collected on loans
- $25Earning assets
- $0Long-term assets (5+ years)
- $195Average Assets, year-to-date
- $49,170Average Assets, quarterly
- $7,547Volatile liabilities
- $51,326Insider loans
- $55,457FHLB advances
- $7,511Loans and leases held for sale
- $821Unused loan commitments
- $0Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $0Total risk weighted assets
- $5,059Total unused commitments
- $0Restructured Loans and leases
- $41,314Derivatives
Income and Expense (December 31, 1998)
- Dollar figures in thousands
- $4,052Total interest income
- $1,731Total interest expense
- $2,321Net interest income
- $135Provision for loan and lease losses
- $268Total noninterest income
- $0Fiduciary activities
- $175Service charges on deposit accounts
- $0Trading account gains & fees
- $93Additional noninterest income
- $1,549Total noninterest expense
- $785Salaries and employee benefits
- $232Premises and equipment expense
- $532Additional noninterest expense
- $905Pre-tax net operating income
- -$7Securities gains (losses)
- $348Applicable income taxes
- $550Income before extraordinary items
- $0Extraordinary gains - net
- $550Net income attributable to bank
- $0Net charge-offs
- $0Cash dividends
- $122Sale, conversion, retirement of capital stock, net
- $67Net operating income
Performance and Condition Ratios (December 31, 1998)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 8.71%Yield on earning assets
- 3.72%Cost of funding earning assets
- 4.99%Net interest margin
- 0.58%Noninterest income to earning assets
- 3.33%Noninterest expense to earning assets
- 1.08%Net operating income to assets
- 1.07%Return on assets (ROA)
- 1.75%Pretax return on assets
- 11.05%Return on equity (ROE)
- 9.70%Retained earnings to average equity (YTD only)
- 0.37%Net charge-offs to loans
- 110.66%Credit loss provision to net charge-offs
- 8.52%Efficiency ratio
- 59,830Assets per employee
- 2.55%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 12.18%Loss allowance to loans
- 1.89%Loss allowance to noncurrent loans
- 2724.00%Noncurrent assets plus other real estate owned to assets
- 0.04%Noncurrent loans to loans
- 0.07%Net loans and leases to deposits
- 74.07%Net loans and leases to core deposits
- 83.63%Equity capital to assets
- 9.34%Core capital (leverage) ratio
- 9.44%Tier 1 risk-based capital ratio
- 12.48%Total risk-based capital ratio
- Memoranda
- $14Average assets
- $51,326Average earning assets
- $4,977Average equity
- $46,524Average loans
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- Banks in New Hampshire (NH)
- Olde Port Bank and Trust
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