North Conway Bank in North Conway, New Hampshire (NH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 1995

North Conway Bank in North Conway, New Hampshire (NH)
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North Conway Bank - Overview

General
FDIC Certificate #: 12254
Status: Inactive
Closing history: Corrections
Acquiring institution: The First National Bank of Portsmouth (#6248)
Federal Reserve ID: 95305
Date Established: July 05, 1900
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 6 (Interstate: No)
FDIC's unique #: 7790
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: July 01, 1995
Last Structure Change Process Date: July 10, 1995
Last Data Update: August 03, 1995
Data Source Date: April 05, 2012
Location
Address: 240 Main Street, North Conway, NH 3860
County: Carroll
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
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $132.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$78Total assets
$133,002Cash and due from depository institutions
$4,424Interest-bearing balances
$100Securities
$47,721Federal funds sold & reverse repurchase agreements
$785Net loans & leases
$73,540Loan loss allowance
$1,804Trading account assets
$0Bank premises and fixed assets
$1,349Other real estate owned
$2,601Goodwill and other intangibles
$2,582Life insurance assets
$0All other assets
$0Total liabilities and capital
$133,002Total liabilities
$117,256Total deposits
$113,907Interest-bearing deposits
$98,636Deposits held in domestic offices
113907.00%% insured (estimated)
$90Federal funds purchased & repurchase agreements
$2,814Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$535Total equity capital
$535Total bank equity capital
$15,746Perpetual preferred stock
$0Common stock
$100Surplus
$700Undivided profits
Memoranda
$14,946Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,870Income earned, not collected on loans
$577Earning assets
$122,146Long-term assets (5+ years)
$6,355Average Assets, year-to-date
$129,989Average Assets, quarterly
$132,902Volatile liabilities
$6,677Insider loans
$216FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$3,551Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$16,435Total risk weighted assets
$75,711Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$8,256Total interest expense
$3,224Net interest income
$5,032Provision for loan and lease losses
$46Total noninterest income
$1,044Fiduciary activities
$0Service charges on deposit accounts
$470Trading account gains & fees
$0Additional noninterest income
$574Total noninterest expense
$3,955Salaries and employee benefits
$2,010Premises and equipment expense
$533Additional noninterest expense
$1,412Pre-tax net operating income
$2,075Securities gains (losses)
-$222Applicable income taxes
$606Income before extraordinary items
$1,247Extraordinary gains - net
$0Net income attributable to bank
$1,247Net charge-offs
$546Cash dividends
$60Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
6.89%Cost of funding earning assets
2.69%Net interest margin
4.20%Noninterest income to earning assets
0.87%Noninterest expense to earning assets
3.30%Net operating income to assets
1.07%Return on assets (ROA)
0.96%Pretax return on assets
1.43%Return on equity (ROE)
7.93%Retained earnings to average equity (YTD only)
7.55%Net charge-offs to loans
0.75%Credit loss provision to net charge-offs
8.42%Efficiency ratio
65,092Assets per employee
1.71%Cash dividends to net income (YTD only)
Condition Ratios (%)
4.81%Loss allowance to loans
2.39%Loss allowance to noncurrent loans
62.86%Noncurrent assets plus other real estate owned to assets
4.11%Noncurrent loans to loans
3.81%Net loans and leases to deposits
64.56%Net loans and leases to core deposits
66.83%Equity capital to assets
11.84%Core capital (leverage) ratio
12.11%Tier 1 risk-based capital ratio
21.71%Total risk-based capital ratio
Memoranda
$23Average assets
$129,989Average earning assets
$15,729Average equity
$119,773Average loans

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