Livermore Falls Trust Company in Livermore Falls, Maine (ME)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 16, 1999

Livermore Falls Trust Company in Livermore Falls, Maine (ME)
Show street view No street view available for this location

Livermore Falls Trust Company - Overview

General
FDIC Certificate #: 12725
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Androscoggin Savings Bank (#17751)
Federal Reserve ID: 324706
Date Established: March 25, 1895
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
OTS Docket #: 11312
FDIC's unique #: 8069
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: January 01, 1934
Last Structure Change Effective Date: January 16, 1999
Last Structure Change Process Date: Febuary 26, 1999
Last Data Update: Febuary 26, 1999
Data Source Date: April 05, 2012
Location
Address: 38 Main Street, Livermore Falls, ME 4254
County: Androscoggin
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
Combined Statistical Area (CSA): Portland-Lewiston-South Portland, ME (#438)
Core Based Statistical Area (CBSA): Lewiston-Auburn, ME (#30340)
CBSA Metro Statistical Area: Lewiston-Auburn, ME (#30340)
Financial Summary
Total assets: $70.5 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
37Total employees (full-time equivalent)
$70,528Total assets
$2,843Cash and due from depository institutions
$0Interest-bearing balances
$10,079Securities
$10,420Federal funds sold & reverse repurchase agreements
$42,962Net loans & leases
$505Loan loss allowance
$0Trading account assets
$1,662Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,562All other assets
$70,528Total liabilities and capital
$63,834Total liabilities
$56,521Total deposits
$49,874Interest-bearing deposits
$56,521Deposits held in domestic offices
0.00%% insured (estimated)
$3,722Federal funds purchased & repurchase agreements
$0Trading liabilities
$3,102Other borrowed funds
$0Subordinated debt
$489All other liabilities
$6,694Total equity capital
$6,694Total bank equity capital
$6,694Perpetual preferred stock
$0Common stock
$589Surplus
$1,181Undivided profits
Memoranda
$4,924Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$445Earning assets
$0Long-term assets (5+ years)
$252Average Assets, year-to-date
$63,461Average Assets, quarterly
$14,594Volatile liabilities
$66,845Insider loans
$68,964FHLB advances
$9,820Loans and leases held for sale
$1,469Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,717Total unused commitments
$0Restructured Loans and leases
$41,266Derivatives

Income and Expense (December 31, 1998)

Dollar figures in thousands
$4,878Total interest income
$2,226Total interest expense
$2,652Net interest income
$0Provision for loan and lease losses
$507Total noninterest income
$0Fiduciary activities
$244Service charges on deposit accounts
$0Trading account gains & fees
$263Additional noninterest income
$2,073Total noninterest expense
$1,180Salaries and employee benefits
$219Premises and equipment expense
$674Additional noninterest expense
$1,086Pre-tax net operating income
$73Securities gains (losses)
$35Applicable income taxes
$1,124Income before extraordinary items
$0Extraordinary gains - net
$1,124Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$33Sale, conversion, retirement of capital stock, net
$828Net operating income

Performance and Condition Ratios (December 31, 1998)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.03%Yield on earning assets
3.66%Cost of funding earning assets
4.36%Net interest margin
0.83%Noninterest income to earning assets
3.41%Noninterest expense to earning assets
1.58%Net operating income to assets
1.68%Return on assets (ROA)
1.73%Pretax return on assets
17.11%Return on equity (ROE)
4.51%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
32.91%Efficiency ratio
65,622Assets per employee
1.91%Cash dividends to net income (YTD only)
Condition Ratios (%)
73.67%Loss allowance to loans
1.16%Loss allowance to noncurrent loans
113.48%Noncurrent assets plus other real estate owned to assets
0.63%Noncurrent loans to loans
1.02%Net loans and leases to deposits
76.01%Net loans and leases to core deposits
83.25%Equity capital to assets
9.49%Core capital (leverage) ratio
9.93%Tier 1 risk-based capital ratio
16.12%Total risk-based capital ratio
Memoranda
$17Average assets
$66,845Average earning assets
$6,570Average equity
$60,757Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Livermore Falls Trust Company.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.