The North American Bank & Trust Company in city_name, state_name

The North American Bank & Trust Company in Waterbury, Connecticut (CT)
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The North American Bank & Trust Company - Overview

General
FDIC Certificate #: 22586
Status: Inactive
Closing history: Corrections
Acquiring institution: Webster Bank, National Association (#18221)
Federal Reserve ID: 962108
Date Established: January 03, 1978
WWW: http://www.northamericanbank.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 9 (Interstate: No)
OTS Docket #: 8762
FDIC's unique #: 15754
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 03, 1978
Last Structure Change Effective Date: November 07, 2003
Last Structure Change Process Date: December 01, 2003
Last Data Update: December 01, 2003
Data Source Date: April 05, 2012
Location
Address: 132 Grand Street, Waterbury, CT 6702
County: New Haven
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: New York
FDIC Field Office: Hartford
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
Metropolitan Statistical Area (MSA): Waterbury, CT (#8880)
Consolidated Metropolitan Statistical Area (CMSA): New York-Northern New Jersey-Long Island, NY-NJ-CT-PA (#70)
Combined Statistical Area (CSA): New York-Newark-Bridgeport, NY-NJ-CT-PA (#408)
Core Based Statistical Area (CBSA): New Haven-Milford, CT (#35300)
CBSA Metro Statistical Area: New Haven-Milford, CT (#35300)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $189.4 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, 2002)

Dollar figures in thousands
92Total employees (full-time equivalent)
$193,588Total assets
$9,560Cash and due from depository institutions
$804Interest-bearing balances
$63,554Securities
$300Federal funds sold & reverse repurchase agreements
$113,097Net loans & leases
$1,988Loan loss allowance
$0Trading account assets
$3,489Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,588All other assets
$193,588Total liabilities and capital
$179,290Total liabilities
$145,574Total deposits
$119,851Interest-bearing deposits
$145,574Deposits held in domestic offices
0.00%% insured (estimated)
$3,290Federal funds purchased & repurchase agreements
$0Trading liabilities
$29,286Other borrowed funds
$0Subordinated debt
$1,140All other liabilities
$14,298Total equity capital
$14,298Total bank equity capital
$14,298Perpetual preferred stock
$0Common stock
$26Surplus
$8,759Undivided profits
Memoranda
$5,513Noncurrent loans and leases
$21,763Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,067Earning assets
$0Long-term assets (5+ years)
$1,087Average Assets, year-to-date
$177,755Average Assets, quarterly
$69,947Volatile liabilities
$183,941Insider loans
$190,828FHLB advances
$22,289Loans and leases held for sale
$2,790Unused loan commitments
$28,860Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$21,763Total unused commitments
$0Restructured Loans and leases
$1,695Derivatives

Income and Expense (December 31, 2002)

Dollar figures in thousands
$11,644Total interest income
$3,589Total interest expense
$8,055Net interest income
$660Provision for loan and lease losses
$1,006Total noninterest income
$0Fiduciary activities
$536Service charges on deposit accounts
$0Trading account gains & fees
$470Additional noninterest income
$7,250Total noninterest expense
$4,096Salaries and employee benefits
$1,417Premises and equipment expense
$1,737Additional noninterest expense
$1,151Pre-tax net operating income
$276Securities gains (losses)
$320Applicable income taxes
$1,107Income before extraordinary items
$0Extraordinary gains - net
$1,107Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$544Sale, conversion, retirement of capital stock, net
$206Net operating income

Performance and Condition Ratios (December 31, 2002)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.85%Yield on earning assets
2.11%Cost of funding earning assets
4.74%Net interest margin
0.59%Noninterest income to earning assets
4.26%Noninterest expense to earning assets
0.48%Net operating income to assets
0.60%Return on assets (ROA)
0.78%Pretax return on assets
7.78%Return on equity (ROE)
6.33%Retained earnings to average equity (YTD only)
0.49%Net charge-offs to loans
121.32%Credit loss provision to net charge-offs
3.33%Efficiency ratio
80,013Assets per employee
2.10%Cash dividends to net income (YTD only)
Condition Ratios (%)
18.61%Loss allowance to loans
1.73%Loss allowance to noncurrent loans
186.32%Noncurrent assets plus other real estate owned to assets
0.55%Noncurrent loans to loans
0.93%Net loans and leases to deposits
77.69%Net loans and leases to core deposits
83.59%Equity capital to assets
7.39%Core capital (leverage) ratio
7.06%Tier 1 risk-based capital ratio
10.01%Total risk-based capital ratio
Memoranda
$11Average assets
$183,941Average earning assets
$14,224Average equity
$170,011Average loans

The North American Bank & Trust Company in Waterbury, Connecticut (CT)
Overview, Financial Summary, Detailed Financial Reports, Branches

The North American Bank & Trust Company - Overview

Assets and Liabilities (December 31, 2002)

Income and Expense (December 31, 2002)

Performance and Condition Ratios (December 31, 2002)

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

The North American Bank & Trust Company in Waterbury, Connecticut (CT)Overview, Financial Summary, Detailed Financial Reports, Branches

The North American Bank & Trust Company - Overview

Assets and Liabilities (December 31, 2002)

Income and Expense (December 31, 2002)

Performance and Condition Ratios (December 31, 2002)

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

The North American Bank & Trust Company in Waterbury, Connecticut (CT)
Overview, Financial Summary, Detailed Financial Reports, Branches