Portsmouth Savings Bank in Portsmouth, New Hampshire (NH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 29, 1997

  • Portsmouth Savings Bank in Portsmouth, New Hampshire (NH)
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Portsmouth Savings Bank - Overview

  • General
  • FDIC Certificate #: 17218
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: CFX Bank (#17991)
    Federal Reserve ID: 529305
    Date Established: June 26, 1823
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 2227
    FDIC's unique #: 11246
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: May 08, 1953
    Last Structure Change Effective Date: August 29, 1997
    Last Structure Change Process Date: September 15, 1997
    Last Data Update: September 15, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 333 State Street, Portsmouth, NH 3801
    County: Rockingham
    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): Portsmouth-Rochester, NH-ME (#6450)
    Consolidated Metropolitan Statistical Area (CMSA): Boston-Worcester-Lawrence, MA-NH-ME-CT (#7)
    Combined Statistical Area (CSA): Boston-Worcester-Manchester, MA-RI-NH (#148)
    Core Based Statistical Area (CBSA): Boston-Cambridge-Quincy, MA-NH (#14460)
    CBSA Metro Statistical Area: Boston-Cambridge-Quincy, MA-NH (#14460)
    Core Based Statistical Division: Rockingham County-Strafford County, NH (#40484)
  • Financial Summary
  • Total assets: $257.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $63Total assets
  • $271,597Cash and due from depository institutions
  • $6,139Interest-bearing balances
  • $1,671Securities
  • $105,304Federal funds sold & reverse repurchase agreements
  • $53,982Net loans & leases
  • $100,040Loan loss allowance
  • $687Trading account assets
  • $0Bank premises and fixed assets
  • $886Other real estate owned
  • $100Goodwill and other intangibles
  • $5,146Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $271,597Total liabilities
  • $224,466Total deposits
  • $217,094Interest-bearing deposits
  • $212,716Deposits held in domestic offices
  • 217094.00%% insured (estimated)
  • $89Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $7,372Total equity capital
  • $7,372Total bank equity capital
  • $47,131Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $8,431Undivided profits
  • Memoranda
  • $38,699Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $923Income earned, not collected on loans
  • $420Earning assets
  • $260,997Long-term assets (5+ years)
  • $47,904Average Assets, year-to-date
  • $265,323Average Assets, quarterly
  • $268,033Volatile liabilities
  • $14,237Insider loans
  • $3,071FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,215Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $45,860Total risk weighted assets
  • $129,120Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $18,089Total interest expense
  • $8,716Net interest income
  • $9,373Provision for loan and lease losses
  • $0Total noninterest income
  • $354Fiduciary activities
  • $0Service charges on deposit accounts
  • $198Trading account gains & fees
  • $0Additional noninterest income
  • $156Total noninterest expense
  • $3,300Salaries and employee benefits
  • $2,059Premises and equipment expense
  • $575Additional noninterest expense
  • $666Pre-tax net operating income
  • $6,427Securities gains (losses)
  • $1,529Applicable income taxes
  • $2,375Income before extraordinary items
  • $5,581Extraordinary gains - net
  • $0Net income attributable to bank
  • $5,581Net charge-offs
  • $40Cash dividends
  • $4,869Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.11%Cost of funding earning assets
  • 3.43%Net interest margin
  • 3.68%Noninterest income to earning assets
  • 0.14%Noninterest expense to earning assets
  • 1.30%Net operating income to assets
  • 1.70%Return on assets (ROA)
  • 2.10%Pretax return on assets
  • 3.00%Return on equity (ROE)
  • 11.67%Retained earnings to average equity (YTD only)
  • 1.49%Net charge-offs to loans
  • 0.05%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 33,926Assets per employee
  • 4.31%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 87.24%Loss allowance to loans
  • 0.68%Loss allowance to noncurrent loans
  • 74.43%Noncurrent assets plus other real estate owned to assets
  • 0.38%Noncurrent loans to loans
  • 0.92%Net loans and leases to deposits
  • 46.08%Net loans and leases to core deposits
  • 49.32%Equity capital to assets
  • 17.35%Core capital (leverage) ratio
  • 17.58%Tier 1 risk-based capital ratio
  • 35.52%Total risk-based capital ratio
  • Memoranda
  • $36Average assets
  • $265,323Average earning assets
  • $47,803Average equity
  • $254,459Average loans

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