Sugar River Bank in Newport, New Hampshire (NH)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Sugar River Bank in Newport, New Hampshire (NH)
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Sugar River Bank routing number info

Sugar River Bank - Overview

  • General
  • FDIC Certificate #: 18028
    Status: Active
    Federal Reserve ID: 92706
    Bank Holding Company (Regulatory Top Holder): Sugar River Bancorp Mhc (RSSDID: 4191399, Location: Newport, NH)
    Date Established: January 01, 1895
    WWW: http://www.sugarriverbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 7444
    FDIC's unique #: 11957
    Numeric code: 41
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: July 02, 1959
    Last Structure Change Effective Date: August 31, 2011
    Last Structure Change Process Date: September 16, 2011
    Last Data Update: September 16, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 10 North Main Street, Newport, NH 3773
    County: Sullivan
    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): Claremont, NH (#17200)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Entity Type
  • Financial Summary
  • Total assets: $265.3 mil
    Equity capital: $34.3 mil
    Deposits held in domestic offices: $186.2 mil
    Return on assets (ROA): 0.45% ($1.2 mil)
    Quarterly return on assets: 0.26% ($0.7 mil)
    Return on Equity (ROE): 3.50% ($1.2 mil)
    Quarterly return on equity: 2.02% ($0.7 mil)
    Net income: $1.2 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.45% ($1,193.7 mil)
    Quarterly Pretax return on assets: -0.05% (-$132.6 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
  • 79Total employees (full-time equivalent)
  • $265,267Total assets
  • $18,309Cash and due from depository institutions
  • $17,170Interest-bearing balances
  • $87,653Securities
  • $943Federal funds sold & reverse repurchase agreements
  • $136,074Net loans & leases
  • $1,299Loan loss allowance
  • $0Trading account assets
  • $5,110Bank premises and fixed assets
  • $2,000Other real estate owned
  • $287Goodwill and other intangibles
  • $265,267Life insurance assets
  • $14,891All other assets
  • $230,989Total liabilities and capital
  • $186,219Total liabilities
  • $163,397Total deposits
  • $186,219Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 1833.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $38,302Trading liabilities
  • $0Other borrowed funds
  • $4,635Subordinated debt
  • $34,278All other liabilities
  • $34,278Total equity capital
  • $34,278Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $6,031Surplus
  • $28,247Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,474Income earned, not collected on loans
  • $0Earning assets
  • $1,306Long-term assets (5+ years)
  • $241,840Average Assets, year-to-date
  • $125,279Average Assets, quarterly
  • $258,640Volatile liabilities
  • $264,781Insider loans
  • $174,894FHLB advances
  • $260,559Loans and leases held for sale
  • $7,176Unused loan commitments
  • $2,623Tier 1 (core) risk-based capital
  • $33,181Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $4,553Total unused commitments
  • $15,615Restructured Loans and leases
  • $676Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,742Total interest income
  • $2,934Total interest expense
  • $7,808Net interest income
  • $510Provision for loan and lease losses
  • $1,891Total noninterest income
  • $0Fiduciary activities
  • $700Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,191Additional noninterest income
  • $9,304Total noninterest expense
  • $5,620Salaries and employee benefits
  • $984Premises and equipment expense
  • $2,700Additional noninterest expense
  • -$115Pre-tax net operating income
  • $1,270Securities gains (losses)
  • -$5Applicable income taxes
  • $1,160Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,160Net income attributable to bank
  • $0Net charge-offs
  • $1,160Cash dividends
  • $398Sale, conversion, retirement of capital stock, net
  • $50Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.59%Yield on earning assets
  • 1.25%Cost of funding earning assets
  • 3.33%Net interest margin
  • 0.81%Noninterest income to earning assets
  • 3.97%Noninterest expense to earning assets
  • -0.04%Net operating income to assets
  • 0.45%Return on assets (ROA)
  • 0.45%Pretax return on assets
  • 3.50%Return on equity (ROE)
  • 3.35%Retained earnings to average equity (YTD only)
  • 0.29%Net charge-offs to loans
  • 128.14%Credit loss provision to net charge-offs
  • 0.99%Efficiency ratio
  • 95,927Assets per employee
  • 3.36%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 4.31%Loss allowance to loans
  • 0.95%Loss allowance to noncurrent loans
  • 37.39%Noncurrent assets plus other real estate owned to assets
  • 2.06%Noncurrent loans to loans
  • 2.53%Net loans and leases to deposits
  • 73.07%Net loans and leases to core deposits
  • 77.08%Equity capital to assets
  • 12.92%Core capital (leverage) ratio
  • 12.73%Tier 1 risk-based capital ratio
  • 18.97%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $258,640Average earning assets
  • $33,099Average equity
  • $234,163Average loans

List of branches

  • 5 New Hampshire Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    011957Sugar River Bank10 North Main Street, Newport, NH 3773January 01, 1895Full Service Brick and Mortar
    1243599Warner BranchMain Street, Warner, NH 3278April 30, 1973Full Service Brick and Mortar
    2243600New London BranchRoute 11, New London, NH 3257July 10, 1986Full Service Brick and Mortar
    3243601Sunapee Branch541 Route 11, Sunapee, NH 3782March 20, 1985Full Service Brick and Mortar
    4243602Grantham BranchRoute 10, The Village Center, Grantham, NH 3753December 23, 1988Full Service Brick and Mortar

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