First Vermont Bank , National Association in city_name, state_name

First Vermont Bank , National Association in Brattleboro, Vermont (VT)
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First Vermont Bank , National Association - Overview

General
FDIC Certificate #: 14147
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: TD Bank, National Association (#18409)
Federal Reserve ID: 1007903
Date Established: November 07, 1906
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 13 (Interstate: No)
FDIC's unique #: 8834
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: March 30, 1934
Last Structure Change Effective Date: January 01, 2002
Last Structure Change Process Date: January 28, 2002
Last Data Update: January 28, 2002
Data Source Date: April 05, 2012
Location
Address: 215 Main Street, Brattleboro, VT 5301
County: Windham
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: New York
FDIC Field Office: Springfield Ma
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
Financial Summary
Total assets: $714.5 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, 2001)

Dollar figures in thousands
100Total employees (full-time equivalent)
$714,532Total assets
$17,959Cash and due from depository institutions
$1Interest-bearing balances
$116,663Securities
$0Federal funds sold & reverse repurchase agreements
$539,778Net loans & leases
$7,316Loan loss allowance
$0Trading account assets
$6,131Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$34,001All other assets
$714,532Total liabilities and capital
$654,018Total liabilities
$587,828Total deposits
$491,655Interest-bearing deposits
$587,828Deposits held in domestic offices
0.00%% insured (estimated)
$44,042Federal funds purchased & repurchase agreements
$0Trading liabilities
$8,310Other borrowed funds
$0Subordinated debt
$13,838All other liabilities
$60,514Total equity capital
$60,514Total bank equity capital
$60,514Perpetual preferred stock
$0Common stock
$0Surplus
$21,564Undivided profits
Memoranda
$38,950Noncurrent loans and leases
$148,802Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,679Earning assets
$0Long-term assets (5+ years)
$3,468Average Assets, year-to-date
$656,442Average Assets, quarterly
$158,445Volatile liabilities
$736,042Insider loans
$719,619FHLB advances
$88,609Loans and leases held for sale
$7,630Unused loan commitments
$311Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$148,802Total unused commitments
$0Restructured Loans and leases
$7,316Derivatives

Income and Expense (December 31, 2001)

Dollar figures in thousands
$55,215Total interest income
$21,003Total interest expense
$34,212Net interest income
$383Provision for loan and lease losses
$3,842Total noninterest income
$0Fiduciary activities
$2,093Service charges on deposit accounts
$0Trading account gains & fees
$1,749Additional noninterest income
$17,101Total noninterest expense
$4,359Salaries and employee benefits
$1,836Premises and equipment expense
$10,906Additional noninterest expense
$20,570Pre-tax net operating income
$53Securities gains (losses)
$6,956Applicable income taxes
$13,667Income before extraordinary items
$0Extraordinary gains - net
$13,667Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,686Sale, conversion, retirement of capital stock, net
$14,655Net operating income

Performance and Condition Ratios (December 31, 2001)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.11%Yield on earning assets
3.08%Cost of funding earning assets
5.02%Net interest margin
0.56%Noninterest income to earning assets
2.51%Noninterest expense to earning assets
1.85%Net operating income to assets
1.86%Return on assets (ROA)
2.80%Pretax return on assets
22.04%Return on equity (ROE)
-1.59%Retained earnings to average equity (YTD only)
0.29%Net charge-offs to loans
22.72%Credit loss provision to net charge-offs
12.43%Efficiency ratio
44,939Assets per employee
7.15%Cash dividends to net income (YTD only)
Condition Ratios (%)
107.23%Loss allowance to loans
1.34%Loss allowance to noncurrent loans
273.09%Noncurrent assets plus other real estate owned to assets
0.37%Noncurrent loans to loans
0.49%Net loans and leases to deposits
91.83%Net loans and leases to core deposits
97.92%Equity capital to assets
8.47%Core capital (leverage) ratio
8.24%Tier 1 risk-based capital ratio
9.72%Total risk-based capital ratio
Memoranda
$11Average assets
$736,042Average earning assets
$62,003Average equity
$681,176Average loans

First Vermont Bank , National Association in Brattleboro, Vermont (VT)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Vermont Bank , National Association - Overview

Assets and Liabilities (December 31, 2001)

Income and Expense (December 31, 2001)

Performance and Condition Ratios (December 31, 2001)

Comment about this bank, ask questions, or add new information about it:

First Vermont Bank , National Association in Brattleboro, Vermont (VT)Overview, Financial Summary, Detailed Financial Reports, Branches

First Vermont Bank , National Association - Overview

Assets and Liabilities (December 31, 2001)

Income and Expense (December 31, 2001)

Performance and Condition Ratios (December 31, 2001)

Comment about this bank, ask questions, or add new information about it:

First Vermont Bank , National Association in Brattleboro, Vermont (VT)
Overview, Financial Summary, Detailed Financial Reports, Branches