The National Bank of Middlebury in city_name, state_name - Detailed Financial Reports, Location

The National Bank of Middlebury in Middlebury, Vermont (VT)
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The National Bank of Middlebury routing number info

The National Bank of Middlebury - Overview

General
FDIC Certificate #: 6275
Status: Active
Federal Reserve ID: 173306
Bank Holding Company (Regulatory Top Holder): Middlebury National Corporation (RSSDID: 1136214, Location: Middlebury, VT)
Date Established: November 09, 1831
WWW: http://www.nationalbankmiddlebury.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 7 (Domestic: 7, Interstate: No)
OTS Docket #: 9067
FDIC's unique #: 4239
Numeric code: 3
Regulator: OCC
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: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Mortgage Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: December 03, 2008
Last Structure Change Process Date: January 16, 2009
Last Data Update: January 16, 2009
Data Source Date: April 05, 2012
Location
Address: 30 Main Street, Middlebury, VT 5753
County: Addison
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: New York
FDIC Field Office: Springfield Ma
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
History of Changes
Change in Location
Financial Summary
Total assets: $284.9 mil
Equity capital: $25.2 mil
Deposits held in domestic offices: $242.4 mil
Return on assets (ROA): 0.79% ($2.3 mil)
Quarterly return on assets: 0.85% ($2.4 mil)
Return on Equity (ROE): 8.95% ($2.2 mil)
Quarterly return on equity: 9.45% ($2.4 mil)
Net income: $2.2 mil
Quarterly Net income: $0.6 mil
Pretax return on assets: 0.98% ($2,791.6 mil)
Quarterly Pretax return on assets: 1.08% ($3,076.4 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
84Total employees (full-time equivalent)
$284,854Total assets
$16,135Cash and due from depository institutions
$10,173Interest-bearing balances
$70,523Securities
$0Federal funds sold & reverse repurchase agreements
$178,315Net loans & leases
$2,422Loan loss allowance
$0Trading account assets
$7,151Bank premises and fixed assets
$0Other real estate owned
$875Goodwill and other intangibles
$284,854Life insurance assets
$11,855All other assets
$259,671Total liabilities and capital
$242,372Total liabilities
$230,295Total deposits
$242,372Interest-bearing deposits
$92Deposits held in domestic offices
9177.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$5,210Trading liabilities
$0Other borrowed funds
$2,912Subordinated debt
$25,183All other liabilities
$25,183Total equity capital
$25,183Total bank equity capital
$0Perpetual preferred stock
$400Common stock
$1,000Surplus
$23,783Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,558Income earned, not collected on loans
$86Earning assets
$1,113Long-term assets (5+ years)
$259,011Average Assets, year-to-date
$110,996Average Assets, quarterly
$272,427Volatile liabilities
$278,366Insider loans
$184,264FHLB advances
$276,959Loans and leases held for sale
$5,417Unused loan commitments
$5,417Tier 1 (core) risk-based capital
$23,318Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$37,330Restructured Loans and leases
$422Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$11,033Total interest income
$1,349Total interest expense
$9,684Net interest income
$80Provision for loan and lease losses
$2,840Total noninterest income
$0Fiduciary activities
$589Service charges on deposit accounts
$0Trading account gains & fees
$2,251Additional noninterest income
$9,792Total noninterest expense
$5,413Salaries and employee benefits
$1,390Premises and equipment expense
$2,989Additional noninterest expense
$2,652Pre-tax net operating income
$8Securities gains (losses)
$502Applicable income taxes
$2,158Income before extraordinary items
$0Extraordinary gains - net
$2,158Net income attributable to bank
$0Net charge-offs
$2,158Cash dividends
$44Sale, conversion, retirement of capital stock, net
$812Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.46%Yield on earning assets
0.55%Cost of funding earning assets
3.91%Net interest margin
1.15%Noninterest income to earning assets
3.96%Noninterest expense to earning assets
0.79%Net operating income to assets
0.79%Return on assets (ROA)
0.98%Pretax return on assets
8.95%Return on equity (ROE)
5.58%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
181.82%Credit loss provision to net charge-offs
62.09%Efficiency ratio
77,635Assets per employee
3.39%Cash dividends to net income (YTD only)
Condition Ratios (%)
37.63%Loss allowance to loans
1.34%Loss allowance to noncurrent loans
155.46%Noncurrent assets plus other real estate owned to assets
0.55%Noncurrent loans to loans
0.86%Net loans and leases to deposits
73.57%Net loans and leases to core deposits
74.74%Equity capital to assets
8.84%Core capital (leverage) ratio
8.42%Tier 1 risk-based capital ratio
12.65%Total risk-based capital ratio
Memoranda
$14Average assets
$272,427Average earning assets
$24,114Average equity
$247,430Average loans

List of branches

7 Vermont Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	4239	The National Bank Of Middlebury	30 Main Street, Middlebury, VT 5753	November 09, 1831	Full Service Brick and Mortar
1	209237	Motor Branch	15 Seymour St., Middlebury, VT 5753	August 14, 1967	Limited Service Facility
2	209238	Middlebury Route 7 South Branch	240 Court Street, Middlebury, VT 5753	December 19, 1974	Full Service Brick and Mortar
3	209239	Bristol Branch	28 Main Street, Bristol, VT 5443	March 18, 1996	Full Service Brick and Mortar
4	467476	Brandon Branch	5 Carver Street, Brandon, VT 5733	July 30, 2007	Full Service Brick and Mortar
6	480874	Vergennes Branch	29 Green Street, Vergennes, VT 5491	January 01, 2008	Full Service Brick and Mortar
8	493295	Hinesburg Branch	140 Commerce Street, Hinesburg, VT 5461	August 01, 2008	Full Service Brick and Mortar

The National Bank of Middlebury in Middlebury, Vermont (VT)
Overview, Financial Summary, Detailed Financial Reports, Branches

The National Bank of Middlebury - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

The National Bank of Middlebury in Middlebury, Vermont (VT)Overview, Financial Summary, Detailed Financial Reports, Branches

The National Bank of Middlebury - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

The National Bank of Middlebury in Middlebury, Vermont (VT)
Overview, Financial Summary, Detailed Financial Reports, Branches