Rockland Savings Bank, FSB in Rockland, Maine (ME)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Rockland Savings Bank, FSB in Rockland, Maine (ME)
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Rockland Savings Bank, FSB - Overview

  • General
  • FDIC Certificate #: 28369
    Status: Active
    Federal Reserve ID: 95677
    Date Established: January 01, 1888
    WWW: http://www.rocklandsavingsbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 1454
    FDIC's unique #: 41203
    Numeric code: 38
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: April 14, 1954
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 582 Main Street, Rockland, ME 4841
    County: Knox
    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
    Core Based Statistical Area (CBSA): Rockland, ME (#40500)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $83.4 mil
    Equity capital: $11.1 mil
    Deposits held in domestic offices: $68.9 mil
    Return on assets (ROA): 0.19% ($0.2 mil)
    Quarterly return on assets: -0.33% (-$0.3 mil)
    Return on Equity (ROE): 1.43% ($0.2 mil)
    Quarterly return on equity: -2.45% (-$0.3 mil)
    Net income: $0.2 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: 0.30% ($250.1 mil)
    Quarterly Pretax return on assets: -0.47% (-$391.8 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, 2011)

  • Dollar figures in thousands
  • 25Total employees (full-time equivalent)
  • $83,365Total assets
  • $7,408Cash and due from depository institutions
  • $6,506Interest-bearing balances
  • $635Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $70,317Net loans & leases
  • $899Loan loss allowance
  • $0Trading account assets
  • $2,622Bank premises and fixed assets
  • $239Other real estate owned
  • $70Goodwill and other intangibles
  • $83,365Life insurance assets
  • $2,074All other assets
  • $72,315Total liabilities and capital
  • $68,924Total liabilities
  • $66,513Total deposits
  • $68,924Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,188Trading liabilities
  • $0Other borrowed funds
  • $203Subordinated debt
  • $11,050All other liabilities
  • $11,050Total equity capital
  • $11,050Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $11,050Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,998Income earned, not collected on loans
  • $0Earning assets
  • $320Long-term assets (5+ years)
  • $77,458Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $82,053Volatile liabilities
  • $83,415Insider loans
  • $63,508FHLB advances
  • $83,362Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $11,047Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,485Restructured Loans and leases
  • $825Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,952Total interest income
  • $1,100Total interest expense
  • $2,852Net interest income
  • $234Provision for loan and lease losses
  • $441Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $441Additional noninterest income
  • $2,814Total noninterest expense
  • $1,505Salaries and employee benefits
  • $608Premises and equipment expense
  • $701Additional noninterest expense
  • $245Pre-tax net operating income
  • $0Securities gains (losses)
  • $87Applicable income taxes
  • $158Income before extraordinary items
  • $0Extraordinary gains - net
  • $158Net income attributable to bank
  • $0Net charge-offs
  • $158Cash dividends
  • $162Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.17%Yield on earning assets
  • 1.44%Cost of funding earning assets
  • 3.73%Net interest margin
  • 0.58%Noninterest income to earning assets
  • 3.68%Noninterest expense to earning assets
  • 0.19%Net operating income to assets
  • 0.19%Return on assets (ROA)
  • 0.30%Pretax return on assets
  • 1.43%Return on equity (ROE)
  • 1.43%Retained earnings to average equity (YTD only)
  • 0.23%Net charge-offs to loans
  • 144.44%Credit loss provision to net charge-offs
  • 2.96%Efficiency ratio
  • 85,454Assets per employee
  • 3.33%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.26%Loss allowance to noncurrent loans
  • 44.99%Noncurrent assets plus other real estate owned to assets
  • 2.40%Noncurrent loans to loans
  • 2.81%Net loans and leases to deposits
  • 102.02%Net loans and leases to core deposits
  • 108.87%Equity capital to assets
  • 13.25%Core capital (leverage) ratio
  • 13.25%Tier 1 risk-based capital ratio
  • 17.39%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $82,053Average earning assets
  • $11,014Average equity
  • $76,426Average loans

List of branches

  • 2 Maine Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    041203Rockland Savings Bank, Fsb582 Main Street, Rockland, ME 4841January 01, 1888Full Service Brick and Mortar
    1461433Waldoboro Branch1341 Atlantic Hwy, Waldoboro, ME 4572June 30, 2006Full Service Brick and Mortar

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