FDIC Certificate #: 58627 Status: Active Federal Reserve ID: 3637993 Date Established: October 01, 2007 WWW:http://www.thenashuabank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 459464 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: 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: Commercial Lending Specialization Date of Deposit Insurance: October 01, 2007 Last Structure Change Effective Date: October 01, 2007 Last Structure Change Process Date: October 01, 2007 Last Data Update: October 01, 2007 Data Source Date: April 05, 2012
Location
Address: 188 Main Street, Nashua, NH 3060 County: Hillsborough 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): Nashua, NH (#5350) 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): Manchester-Nashua, NH (#31700) CBSA Metro Statistical Area: Manchester-Nashua, NH (#31700)
History of Changes
Change in Geographic Region/Area/Territory/Field Office
New Institution
Financial Summary
Total assets: $115.5 mil Equity capital: $16.2 mil Deposits held in domestic offices: $97.1 mil Return on assets (ROA): 0.21% ($0.2 mil) Quarterly return on assets: 0.22% ($0.3 mil) Return on Equity (ROE): 1.72% ($0.3 mil) Quarterly return on equity: 1.61% ($0.3 mil) Net income: $0.2 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.39% ($450.5 mil) Quarterly Pretax return on assets: 0.56% ($646.9 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
22Total employees (full-time equivalent)
$115,524Total assets
$3,421Cash and due from depository institutions
$2,225Interest-bearing balances
$31,217Securities
$0Federal funds sold & reverse repurchase agreements
$78,889Net loans & leases
$1,046Loan loss allowance
$0Trading account assets
$985Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$115,524Life insurance assets
$1,012All other assets
$99,347Total liabilities and capital
$97,094Total liabilities
$89,447Total deposits
$97,094Interest-bearing deposits
$83Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,908Trading liabilities
$0Other borrowed funds
$345Subordinated debt
$16,177All other liabilities
$16,177Total equity capital
$16,177Total bank equity capital
$3,000Perpetual preferred stock
$1,261Common stock
$12,270Surplus
$-354Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,803Income earned, not collected on loans
$99Earning assets
$360Long-term assets (5+ years)
$112,331Average Assets, year-to-date
$51,516Average Assets, quarterly
$113,703Volatile liabilities
$115,596Insider loans
$71,413FHLB advances
$115,595Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$15,328Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$9,444Restructured Loans and leases
$1,350Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$5,074Total interest income
$1,005Total interest expense
$4,069Net interest income
$235Provision for loan and lease losses
$63Total noninterest income
$0Fiduciary activities
$44Service charges on deposit accounts
$0Trading account gains & fees
$19Additional noninterest income
$3,457Total noninterest expense
$1,698Salaries and employee benefits
$343Premises and equipment expense
$1,416Additional noninterest expense
$440Pre-tax net operating income
$1Securities gains (losses)
$200Applicable income taxes
$241Income before extraordinary items
$0Extraordinary gains - net
$241Net income attributable to bank
$0Net charge-offs
$241Cash dividends
$32Sale, conversion, retirement of capital stock, net
$9Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.61%Yield on earning assets
0.91%Cost of funding earning assets
3.69%Net interest margin
0.06%Noninterest income to earning assets
3.14%Noninterest expense to earning assets
0.21%Net operating income to assets
0.21%Return on assets (ROA)
0.39%Pretax return on assets
1.72%Return on equity (ROE)
1.66%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
734.38%Credit loss provision to net charge-offs
21.09%Efficiency ratio
83,664Assets per employee
5.25%Cash dividends to net income (YTD only)
Condition Ratios (%)
3.73%Loss allowance to loans
1.31%Loss allowance to noncurrent loans
58.01%Noncurrent assets plus other real estate owned to assets
1.56%Noncurrent loans to loans
2.26%Net loans and leases to deposits
81.25%Net loans and leases to core deposits
95.89%Equity capital to assets
14.00%Core capital (leverage) ratio
13.26%Tier 1 risk-based capital ratio
21.46%Total risk-based capital ratio
Memoranda
$23Average assets
$113,703Average earning assets
$14,015Average equity
$110,164Average loans
List of branches
1 New Hampshire Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
459464
The Nashua Bank
188 Main Street, Nashua, NH 3060
October 01, 2007
Full Service Brick and Mortar
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