Ledyard National Bank

Ledyard National Bank is headquartered in Norwich and is the 6^th largest bank in the state of Vermont. It is also the 1,695^th largest bank in the nation. It was established in 1991 and as of March of 2012, it had grown to 94 employees at 7 locations. Ledyard National Bank has a 5-star health rating.

Ledyard National Bank Checking Account Rates

Ledyard National Bank Savings Account Rates

Ledyard National Bank Money Market Rates

Ledyard National Bank CD Rates

Ledyard National Bank IRA Rates

Data for Q1 2012

Institution Statistics Ledyard National Bank FDIC Certificate # 33418 BankRate Report View Year Established 1991 Employees 94 Primary Regulator OCC Assets and Liabilities Assets $393.45 million Loans $209.87 million Deposits $321.03 million Equity Capital $35.83 million Loan Loss Allowance $5.69 million Unbacked Noncurrent Loans $4.14 million Real Estate Owned $280,000 Historic Data - March 2011 Assets $382.03 million Equity Capital $33.97 million Loan Loss Allowance $6.42 million Unbacked Noncurrent Loans $6.71 million Real Estate Owned $165,000 Profit Margin - Quarterly Net Interest Margin 3.05% Return on Assets 0.82% Return on Equity 8.93% Interest Income $3.16 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 Ledyard National Bank had $4.42 million in non-current loans and owned real-estate with $41.52 million in equity and loan loss allowances on hand to cover it. This gives Ledyard National Bank a Texas Ratio of 10.64% 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 Ledyard National Bank decreased slightly from 17.03% as of March 31, 2011 to 10.64% as of March 31, 2012, resulting in a positive change of 37.50%.This indicates that the balance sheet and financial strength for Ledyard National Bank has improved slightly in recent periods. Deposit Growth In the past year, Ledyard National Bank has increased its total deposits by $19.98 million, resulting in 6.64% 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 Ledyard National Bank 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. Ledyard National Bank has $393.45 million in assets with $41.52 million in equity, resulting in a capitalization level of 10.55%, which is above average.

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