The First National Bank of Portsmouth in Portsmouth, New Hampshire (NH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 1996

  • The First National Bank of Portsmouth in Portsmouth, New Hampshire (NH)
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The First National Bank of Portsmouth - Overview

  • General
  • FDIC Certificate #: 6248
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Bank of New Hampshire (#26990)
    Federal Reserve ID: 404402
    Date Established: January 01, 1824
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 22 (Interstate: No)
    OTS Docket #: 9625
    FDIC's unique #: 4217
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: July 01, 1996
    Last Structure Change Process Date: July 25, 1996
    Last Data Update: July 29, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 325 State 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)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $772.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $260Total assets
  • $569,660Cash and due from depository institutions
  • $34,971Interest-bearing balances
  • $340Securities
  • $124,052Federal funds sold & reverse repurchase agreements
  • $33,000Net loans & leases
  • $354,622Loan loss allowance
  • $6,203Trading account assets
  • $0Bank premises and fixed assets
  • $8,777Other real estate owned
  • $720Goodwill and other intangibles
  • $8,816Life insurance assets
  • $4,702All other assets
  • $0Total liabilities and capital
  • $569,660Total liabilities
  • $527,720Total deposits
  • $474,725Interest-bearing deposits
  • $415,970Deposits held in domestic offices
  • 474725.00%% insured (estimated)
  • $91Federal funds purchased & repurchase agreements
  • $22,446Trading liabilities
  • $0Other borrowed funds
  • $27,356Subordinated debt
  • $0All other liabilities
  • $3,193Total equity capital
  • $3,193Total bank equity capital
  • $41,940Perpetual preferred stock
  • $0Common stock
  • $730Surplus
  • $3,836Undivided profits
  • Memoranda
  • $37,374Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,894Income earned, not collected on loans
  • $2,410Earning assets
  • $512,014Long-term assets (5+ years)
  • $70,598Average Assets, year-to-date
  • $471,116Average Assets, quarterly
  • $554,434Volatile liabilities
  • $49,993Insider loans
  • $3,893FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $64,741Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $36,817Total risk weighted assets
  • $338,320Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $36,780Total interest expense
  • $15,443Net interest income
  • $21,337Provision for loan and lease losses
  • $830Total noninterest income
  • $6,786Fiduciary activities
  • $805Service charges on deposit accounts
  • $1,579Trading account gains & fees
  • $0Additional noninterest income
  • $4,402Total noninterest expense
  • $17,952Salaries and employee benefits
  • $7,240Premises and equipment expense
  • $1,736Additional noninterest expense
  • $8,976Pre-tax net operating income
  • $9,341Securities gains (losses)
  • -$76Applicable income taxes
  • $3,392Income before extraordinary items
  • $5,873Extraordinary gains - net
  • $0Net income attributable to bank
  • $5,873Net charge-offs
  • $960Cash dividends
  • $1,836Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.53%Cost of funding earning assets
  • 3.58%Net interest margin
  • 4.95%Noninterest income to earning assets
  • 1.57%Noninterest expense to earning assets
  • 4.16%Net operating income to assets
  • 1.26%Return on assets (ROA)
  • 1.25%Pretax return on assets
  • 1.97%Return on equity (ROE)
  • 15.38%Retained earnings to average equity (YTD only)
  • 10.57%Net charge-offs to loans
  • 0.31%Credit loss provision to net charge-offs
  • 86.46%Efficiency ratio
  • 62,749Assets per employee
  • 2.19%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 31.26%Loss allowance to loans
  • 1.72%Loss allowance to noncurrent loans
  • 89.98%Noncurrent assets plus other real estate owned to assets
  • 1.34%Noncurrent loans to loans
  • 1.91%Net loans and leases to deposits
  • 74.70%Net loans and leases to core deposits
  • 78.16%Equity capital to assets
  • 7.36%Core capital (leverage) ratio
  • 6.80%Tier 1 risk-based capital ratio
  • 10.88%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $471,116Average earning assets
  • $38,178Average equity
  • $431,052Average loans

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