FDIC Certificate #: 32940 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Bank of Maine (#19686) Federal Reserve ID: 1448636 Date Established: April 09, 1990 WWW:http://www.fcbmaine.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) OTS Docket #: 10004 FDIC's unique #: 46116 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 09, 1990 Last Structure Change Effective Date: January 19, 2007 Last Structure Change Process Date: March 21, 2007 Last Data Update: March 21, 2007 Data Source Date: April 05, 2012
Location
Address: 9 Dyer Street, Presque Isle, ME 4769 County: Aroostook 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
Financial Summary
Total assets: $133.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)
Dollar figures in thousands
46Total employees (full-time equivalent)
$133,293Total assets
$5,026Cash and due from depository institutions
$1,201Interest-bearing balances
$25,307Securities
$0Federal funds sold & reverse repurchase agreements
$96,947Net loans & leases
$1,895Loan loss allowance
$0Trading account assets
$3,380Bank premises and fixed assets
$0Other real estate owned
$1Goodwill and other intangibles
$309Life insurance assets
$2,632All other assets
$133,293Total liabilities and capital
$121,633Total liabilities
$120,259Total deposits
$105,220Interest-bearing deposits
$120,259Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,374All other liabilities
$11,660Total equity capital
$11,660Total bank equity capital
$11,660Perpetual preferred stock
$0Common stock
$4,754Surplus
$1,934Undivided profits
Memoranda
$4,972Noncurrent loans and leases
$12,428Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$508Earning assets
$0Long-term assets (5+ years)
$776Average Assets, year-to-date
$123,455Average Assets, quarterly
$17,251Volatile liabilities
$134,874Insider loans
$134,835FHLB advances
$8,822Loans and leases held for sale
$1,369Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$12,428Total unused commitments
$0Restructured Loans and leases
$1,895Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$8,657Total interest income
$3,271Total interest expense
$5,386Net interest income
$1,125Provision for loan and lease losses
$879Total noninterest income
$0Fiduciary activities
$524Service charges on deposit accounts
$0Trading account gains & fees
$355Additional noninterest income
$6,266Total noninterest expense
$2,723Salaries and employee benefits
$717Premises and equipment expense
$2,826Additional noninterest expense
-$1,126Pre-tax net operating income
$0Securities gains (losses)
-$424Applicable income taxes
-$702Income before extraordinary items
$0Extraordinary gains - net
-$702Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$274Sale, conversion, retirement of capital stock, net
$228Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.95%Yield on earning assets
2.62%Cost of funding earning assets
4.32%Net interest margin
0.71%Noninterest income to earning assets
5.03%Noninterest expense to earning assets
-0.52%Net operating income to assets
-0.52%Return on assets (ROA)
-0.83%Pretax return on assets
-5.69%Return on equity (ROE)
-7.54%Retained earnings to average equity (YTD only)
0.28%Net charge-offs to loans
410.58%Credit loss provision to net charge-offs
-0.00%Efficiency ratio
100,016Assets per employee
2.90%Cash dividends to net income (YTD only)
Condition Ratios (%)
-32.48%Loss allowance to loans
1.92%Loss allowance to noncurrent loans
373.03%Noncurrent assets plus other real estate owned to assets
0.38%Noncurrent loans to loans
0.51%Net loans and leases to deposits
80.62%Net loans and leases to core deposits
87.00%Equity capital to assets
8.75%Core capital (leverage) ratio
8.84%Tier 1 risk-based capital ratio
12.76%Total risk-based capital ratio
Memoranda
$15Average assets
$134,874Average earning assets
$12,342Average equity
$124,626Average loans
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