Vermont National Bank in city_name, state_name - Detailed Financial Reports, Location

Vermont National Bank in Brattleboro, Vermont (VT)
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Vermont National Bank - Overview

General
FDIC Certificate #: 6265
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Chittenden Trust Company (#14149)
Federal Reserve ID: 608
Date Established: November 07, 1906
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 54 (Interstate: No)
OTS Docket #: 8953
FDIC's unique #: 4231
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 24, 2000
Last Structure Change Process Date: May 01, 2000
Last Data Update: May 01, 2000
Data Source Date: April 05, 2012
Location
Address: 100 Main Street, Brattleboro, VT 5301
County: Windham
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
Financial Summary
Total assets: $1,501.9 mil

1992 - 1999 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, 1999)

Dollar figures in thousands
604Total employees (full-time equivalent)
$1,501,881Total assets
$46,520Cash and due from depository institutions
$674Interest-bearing balances
$314,801Securities
$0Federal funds sold & reverse repurchase agreements
$1,073,044Net loans & leases
$13,580Loan loss allowance
$0Trading account assets
$9,611Bank premises and fixed assets
$211Other real estate owned
$12,655Goodwill and other intangibles
$0Life insurance assets
$45,039All other assets
$1,501,881Total liabilities and capital
$1,353,162Total liabilities
$1,042,443Total deposits
$959,816Interest-bearing deposits
$1,042,443Deposits held in domestic offices
0.00%% insured (estimated)
$189,576Federal funds purchased & repurchase agreements
$0Trading liabilities
$69,267Other borrowed funds
$0Subordinated debt
$51,876All other liabilities
$148,719Total equity capital
$148,719Total bank equity capital
$148,719Perpetual preferred stock
$0Common stock
$7,298Surplus
$96,147Undivided profits
Memoranda
$45,274Noncurrent loans and leases
$370,633Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$7,521Earning assets
$0Long-term assets (5+ years)
$9,840Average Assets, year-to-date
$1,388,519Average Assets, quarterly
$502,390Volatile liabilities
$1,747,548Insider loans
$1,634,111FHLB advances
$256,331Loans and leases held for sale
$495Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$370,633Total unused commitments
$0Restructured Loans and leases
$12,912Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$121,932Total interest income
$49,471Total interest expense
$72,461Net interest income
$3,300Provision for loan and lease losses
$41,511Total noninterest income
$6,492Fiduciary activities
$10,373Service charges on deposit accounts
$0Trading account gains & fees
$24,646Additional noninterest income
$116,068Total noninterest expense
$29,875Salaries and employee benefits
$12,738Premises and equipment expense
$73,455Additional noninterest expense
-$5,396Pre-tax net operating income
$0Securities gains (losses)
$13,362Applicable income taxes
-$18,758Income before extraordinary items
$0Extraordinary gains - net
-$18,758Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$4,531Sale, conversion, retirement of capital stock, net
$10,100Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.76%Yield on earning assets
3.15%Cost of funding earning assets
4.61%Net interest margin
2.64%Noninterest income to earning assets
7.38%Noninterest expense to earning assets
-1.07%Net operating income to assets
-1.07%Return on assets (ROA)
-0.31%Pretax return on assets
-11.70%Return on equity (ROE)
-18.00%Retained earnings to average equity (YTD only)
0.38%Net charge-offs to loans
72.83%Credit loss provision to net charge-offs
-0.46%Efficiency ratio
85,683Assets per employee
2.49%Cash dividends to net income (YTD only)
Condition Ratios (%)
-53.84%Loss allowance to loans
1.25%Loss allowance to noncurrent loans
180.56%Noncurrent assets plus other real estate owned to assets
0.51%Noncurrent loans to loans
0.69%Net loans and leases to deposits
102.94%Net loans and leases to core deposits
109.97%Equity capital to assets
9.90%Core capital (leverage) ratio
9.13%Tier 1 risk-based capital ratio
14.15%Total risk-based capital ratio
Memoranda
$15Average assets
$1,747,548Average earning assets
$160,323Average equity
$1,572,129Average loans

diane burns

⚠

Jul 21, 2022 @ 9:09 am

Found old American National Bank savings passbooks #37-29-005512 and #37-29-005504 .

Vermont National Bank in Brattleboro, Vermont (VT)
Overview, Financial Summary, Detailed Financial Reports, Branches

Vermont National Bank - Overview

Assets and Liabilities (December 31, 1999)

Income and Expense (December 31, 1999)

Performance and Condition Ratios (December 31, 1999)

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

Vermont National Bank in Brattleboro, Vermont (VT)Overview, Financial Summary, Detailed Financial Reports, Branches

Vermont National Bank - Overview

Assets and Liabilities (December 31, 1999)

Income and Expense (December 31, 1999)

Performance and Condition Ratios (December 31, 1999)

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

Vermont National Bank in Brattleboro, Vermont (VT)
Overview, Financial Summary, Detailed Financial Reports, Branches