Lake Sunapee Bank, FSB

Lake Sunapee Bank, FSB is headquartered in Newport and is the largest bank in the state of New Hampshire. It is also the 598^th largest bank in the nation. It was established in 1980 and as of March of 2012, it had grown to 261 employees at 27 locations. Lake Sunapee Bank, FSB has a 5-star health rating.

Lake Sunapee Bank, FSB Checking Account Rates

Lake Sunapee Bank, FSB Savings Account Rates

Lake Sunapee Bank, FSB Money Market Rates

Lake Sunapee Bank, FSB CD Rates

Lake Sunapee Bank, FSB IRA Rates

Data for Q1 2012

Institution Statistics Lake Sunapee Bank, FSB OTS # 07644 FDIC Certificate # 31953 BankRate Report View Year Established 1980 Employees 261 Primary Regulator OCC Assets and Liabilities Assets $1.10 billion Loans $741.54 million Deposits $820.34 million Equity Capital $122.88 million Loan Loss Allowance $8.96 million Unbacked Noncurrent Loans $16.04 million Real Estate Owned $760,000 Historic Data - March 2011 Assets $999.60 million Equity Capital $108.94 million Loan Loss Allowance $9.29 million Unbacked Noncurrent Loans $9.18 million Real Estate Owned $3.53 million Profit Margin - Quarterly Net Interest Margin 3.09% Return on Assets 0.85% Return on Equity 7.32% Interest Income $9.03 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Lake Sunapee Bank, FSB had $16.8 million in non-current loans and owned real-estate with $131.84 million in equity and loan loss allowances on hand to cover it. This gives Lake Sunapee Bank, FSB a Texas Ratio of 12.74% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Lake Sunapee Bank, FSB held steady from 9.58% as of March 31, 2011 to 12.74% as of March 31, 2012, resulting in a negative change of 33.04%. This indicates that the balance sheet and financial strength for Lake Sunapee Bank, FSB has held steady in recent periods. Deposit Growth In the past year, Lake Sunapee Bank, FSB has increased its total deposits by $71.71 million, resulting in 9.58% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Lake Sunapee Bank, FSB has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Lake Sunapee Bank, FSB has $1.1 billion in assets with $131.84 million in equity, resulting in a capitalization level of 12.03%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.