FDIC Certificate #: 19624 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Connecticut River Bank, National Association (#6209) Federal Reserve ID: 275602 Date Established: August 29, 1966 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) OTS Docket #: 9614 FDIC's unique #: 13423 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: August 29, 1966 Last Structure Change Effective Date: July 01, 2000 Last Structure Change Process Date: November 01, 2000 Last Data Update: November 01, 2000 Data Source Date: April 05, 2012
Location
Address: 8 Main Street, Littleton, NH 3561 County: Grafton 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): Claremont-Lebanon, NH-VT (#180) Core Based Statistical Area (CBSA): Lebanon, NH-VT (#30100) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $51.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
34Total employees (full-time equivalent)
$54,514Total assets
$5,525Cash and due from depository institutions
$2,049Interest-bearing balances
$7,718Securities
$0Federal funds sold & reverse repurchase agreements
$38,111Net loans & leases
$420Loan loss allowance
$0Trading account assets
$2,514Bank premises and fixed assets
$123Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$523All other assets
$54,514Total liabilities and capital
$50,045Total liabilities
$48,396Total deposits
$39,922Interest-bearing deposits
$48,396Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,500Other borrowed funds
$0Subordinated debt
$149All other liabilities
$4,469Total equity capital
$4,469Total bank equity capital
$4,469Perpetual preferred stock
$0Common stock
$625Surplus
$597Undivided profits
Memoranda
$3,247Noncurrent loans and leases
$1,215Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$225Earning assets
$0Long-term assets (5+ years)
$165Average Assets, year-to-date
$47,878Average Assets, quarterly
$4,006Volatile liabilities
$50,656Insider loans
$52,747FHLB advances
$3,375Loans and leases held for sale
$607Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,215Total unused commitments
$0Restructured Loans and leases
$420Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$3,940Total interest income
$1,236Total interest expense
$2,704Net interest income
$102Provision for loan and lease losses
$318Total noninterest income
$0Fiduciary activities
$212Service charges on deposit accounts
$0Trading account gains & fees
$106Additional noninterest income
$2,245Total noninterest expense
$1,019Salaries and employee benefits
$297Premises and equipment expense
$929Additional noninterest expense
$675Pre-tax net operating income
$0Securities gains (losses)
$240Applicable income taxes
$435Income before extraordinary items
$0Extraordinary gains - net
$435Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$79Sale, conversion, retirement of capital stock, net
$202Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.63%Yield on earning assets
2.71%Cost of funding earning assets
5.92%Net interest margin
0.70%Noninterest income to earning assets
4.92%Noninterest expense to earning assets
0.86%Net operating income to assets
0.86%Return on assets (ROA)
1.33%Pretax return on assets
10.00%Return on equity (ROE)
5.35%Retained earnings to average equity (YTD only)
0.22%Net charge-offs to loans
129.11%Credit loss provision to net charge-offs
9.84%Efficiency ratio
74,289Assets per employee
1.60%Cash dividends to net income (YTD only)
Condition Ratios (%)
46.44%Loss allowance to loans
1.09%Loss allowance to noncurrent loans
186.67%Noncurrent assets plus other real estate owned to assets
0.64%Noncurrent loans to loans
0.58%Net loans and leases to deposits
78.75%Net loans and leases to core deposits
81.92%Equity capital to assets
8.20%Core capital (leverage) ratio
8.44%Tier 1 risk-based capital ratio
12.09%Total risk-based capital ratio
Memoranda
$13Average assets
$50,656Average earning assets
$4,352Average equity
$45,643Average loans
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