Maine Bank & Trust Company in Portland, Maine (ME)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 2009

  • Maine Bank & Trust Company in Portland, Maine (ME)
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Maine Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 33525
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: People's United Bank (#27334)
    Federal Reserve ID: 1904673
    Date Established: November 20, 1991
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 18080
    FDIC's unique #: 47364
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: November 20, 1991
    Last Structure Change Effective Date: January 01, 2009
    Last Structure Change Process Date: Febuary 19, 2009
    Last Data Update: Febuary 19, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 467 Congress Street, Portland, ME 4103
    County: Cumberland
    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): Portland, ME (#6400)
    Combined Statistical Area (CSA): Portland-Lewiston-South Portland, ME (#438)
    Core Based Statistical Area (CBSA): Portland-South Portland-Biddeford, ME (#38860)
    CBSA Metro Statistical Area: Portland-South Portland-Biddeford, ME (#38860)
  • Financial Summary
  • Total assets: $430.3 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, 2008)

  • Dollar figures in thousands
  • 119Total employees (full-time equivalent)
  • $430,294Total assets
  • $6,935Cash and due from depository institutions
  • $0Interest-bearing balances
  • $42,408Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $304,899Net loans & leases
  • $4,093Loan loss allowance
  • $0Trading account assets
  • $7,645Bank premises and fixed assets
  • $161Other real estate owned
  • $64,704Goodwill and other intangibles
  • $0Life insurance assets
  • $3,542All other assets
  • $430,294Total liabilities and capital
  • $333,403Total liabilities
  • $279,076Total deposits
  • $239,860Interest-bearing deposits
  • $279,076Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $43,428Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $10,899All other liabilities
  • $96,891Total equity capital
  • $96,891Total bank equity capital
  • $96,891Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $93,523Undivided profits
  • Memoranda
  • $3,368Noncurrent loans and leases
  • $112,692Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,659Earning assets
  • $28Long-term assets (5+ years)
  • $1,000Average Assets, year-to-date
  • $347,307Average Assets, quarterly
  • $0Volatile liabilities
  • $422,019Insider loans
  • $426,690FHLB advances
  • $62,509Loans and leases held for sale
  • $3,469Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $112,692Total unused commitments
  • $161Restructured Loans and leases
  • $3,833Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $20,488Total interest income
  • $4,248Total interest expense
  • $16,240Net interest income
  • $381Provision for loan and lease losses
  • $7,720Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $7,720Additional noninterest income
  • $18,598Total noninterest expense
  • $8,316Salaries and employee benefits
  • $1,877Premises and equipment expense
  • $8,405Additional noninterest expense
  • $4,981Pre-tax net operating income
  • $191Securities gains (losses)
  • $1,856Applicable income taxes
  • $3,316Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,316Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $344Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.94%Yield on earning assets
  • 1.23%Cost of funding earning assets
  • 4.71%Net interest margin
  • 2.24%Noninterest income to earning assets
  • 5.39%Noninterest expense to earning assets
  • 0.76%Net operating income to assets
  • 0.79%Return on assets (ROA)
  • 1.23%Pretax return on assets
  • 3.83%Return on equity (ROE)
  • 3.83%Retained earnings to average equity (YTD only)
  • 0.11%Net charge-offs to loans
  • 110.76%Credit loss provision to net charge-offs
  • 15.59%Efficiency ratio
  • 71,373Assets per employee
  • 3.62%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.32%Loss allowance to noncurrent loans
  • 111.86%Noncurrent assets plus other real estate owned to assets
  • 0.89%Noncurrent loans to loans
  • 1.18%Net loans and leases to deposits
  • 109.25%Net loans and leases to core deposits
  • 117.27%Equity capital to assets
  • 22.52%Core capital (leverage) ratio
  • 8.77%Tier 1 risk-based capital ratio
  • 10.49%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $422,019Average earning assets
  • $86,526Average equity
  • $345,144Average loans

Total Fiduciary and Related Assets (December 31, 2008)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $379,459Managed Assets
  • 1Number of Accounts
  • $330,366Personal trust and agency accounts
  • $132,736Employee benefit-defined contribution accounts
  • $1,117Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $24,399Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $172,114Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 690Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $49,093Other retirement accounts
  • $30,765Corporate trust and agency accounts
  • $13,036Other fiduciary accounts
  • $5,289Fiduciary accounts held in foreign offices

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