Shawmut Bank NH in Manchester, New Hampshire (NH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 30, 1995

  • Shawmut Bank NH in Manchester, New Hampshire (NH)
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Shawmut Bank NH - Overview

  • General
  • FDIC Certificate #: 33509
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Fleet Bank-NH (#19821)
    Federal Reserve ID: 1897579
    Date Established: October 10, 1991
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 38 (Interstate: No)
    OTS Docket #: 352
    FDIC's unique #: 47257
    Numeric code: 42
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: October 10, 1991
    Last Structure Change Effective Date: December 30, 1995
    Last Structure Change Process Date: Febuary 07, 1996
    Last Data Update: Febuary 07, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 1155 Elm Street, Manchester, NH 3101
    County: Hillsborough
    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): Manchester, NH (#4760)
    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): Manchester-Nashua, NH (#31700)
    CBSA Metro Statistical Area: Manchester-Nashua, NH (#31700)
  • Financial Summary
  • Total assets: $1,343.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $474Total assets
  • $1,779,460Cash and due from depository institutions
  • $54,252Interest-bearing balances
  • $5Securities
  • $588,990Federal funds sold & reverse repurchase agreements
  • $342,500Net loans & leases
  • $757,036Loan loss allowance
  • $16,936Trading account assets
  • $0Bank premises and fixed assets
  • $4,463Other real estate owned
  • $1,211Goodwill and other intangibles
  • $31,008Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $1,779,460Total liabilities
  • $1,681,359Total deposits
  • $1,412,544Interest-bearing deposits
  • $1,322,776Deposits held in domestic offices
  • 1412544.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $236,879Trading liabilities
  • $0Other borrowed funds
  • $9,995Subordinated debt
  • $0All other liabilities
  • $21,941Total equity capital
  • $21,941Total bank equity capital
  • $98,101Perpetual preferred stock
  • $0Common stock
  • $10Surplus
  • $54,444Undivided profits
  • Memoranda
  • $43,647Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,231Income earned, not collected on loans
  • $5,110Earning assets
  • $1,688,531Long-term assets (5+ years)
  • $49,438Average Assets, year-to-date
  • $1,700,946Average Assets, quarterly
  • $1,700,108Volatile liabilities
  • $292,745Insider loans
  • $3FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $57,968Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $98,101Total risk weighted assets
  • $714,078Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $120,100Total interest expense
  • $51,026Net interest income
  • $69,074Provision for loan and lease losses
  • $12,800Total noninterest income
  • $9,666Fiduciary activities
  • $0Service charges on deposit accounts
  • $4,532Trading account gains & fees
  • -$9Additional noninterest income
  • $5,143Total noninterest expense
  • $56,961Salaries and employee benefits
  • $17,202Premises and equipment expense
  • $6,454Additional noninterest expense
  • $33,305Pre-tax net operating income
  • $8,979Securities gains (losses)
  • -$3,965Applicable income taxes
  • $1,223Income before extraordinary items
  • $3,791Extraordinary gains - net
  • $0Net income attributable to bank
  • $3,791Net charge-offs
  • $6,948Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • -$18,329Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.43%Cost of funding earning assets
  • 3.16%Net interest margin
  • 4.27%Noninterest income to earning assets
  • 0.60%Noninterest expense to earning assets
  • 3.52%Net operating income to assets
  • 0.40%Return on assets (ROA)
  • 0.22%Pretax return on assets
  • 0.29%Return on equity (ROE)
  • 3.92%Retained earnings to average equity (YTD only)
  • 3.92%Net charge-offs to loans
  • 0.82%Credit loss provision to net charge-offs
  • 184.23%Efficiency ratio
  • 72,341Assets per employee
  • 3.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.19%Loss allowance to noncurrent loans
  • 271.80%Noncurrent assets plus other real estate owned to assets
  • 0.42%Noncurrent loans to loans
  • 0.81%Net loans and leases to deposits
  • 53.59%Net loans and leases to core deposits
  • 55.56%Equity capital to assets
  • 5.51%Core capital (leverage) ratio
  • 5.67%Tier 1 risk-based capital ratio
  • 13.74%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $1,700,946Average earning assets
  • $96,748Average equity
  • $1,616,490Average loans

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