The Nashua Bank

The Nashua Bank is headquartered in Nashua and is the 21^st largest bank in the state of New Hampshire. It is also the 4,527^th largest bank in the nation. It was established in 2007 and as of March of 2012, it had grown to 22 employees at 1 location. The Nashua Bank has a 4-star health rating.

The Nashua Bank Routing Number: 011402066

Data for Q1 2012

Institution Statistics The Nashua Bank FDIC Certificate # 58627 BankRate Report View Year Established 2007 Employees 22 Primary Regulator FDIC Assets and Liabilities Assets $117.23 million Loans $83.80 million Deposits $96.19 million Equity Capital $16.30 million Loan Loss Allowance $1.09 million Unbacked Noncurrent Loans $1.63 million Historic Data - March 2011 Assets $115.21 million Equity Capital $12.43 million Loan Loss Allowance $875,000 Unbacked Noncurrent Loans $682,000 Real Estate Owned $245,000 Profit Margin - Quarterly Net Interest Margin 3.98% Return on Assets 0.35% Return on Equity 2.54% Interest Income $1.34 million

Institution Health Overall Score: 4 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 The Nashua Bank had $1.63 million in non-current loans and owned real-estate with $17.39 million in equity and loan loss allowances on hand to cover it. This gives The Nashua Bank a Texas Ratio of 9.40% 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 The Nashua Bank held steady from 6.97% as of March 31, 2011 to 9.40% as of March 31, 2012, resulting in a negative change of 34.81%. This indicates that the balance sheet and financial strength for The Nashua Bank has held steady in recent periods. Deposit Growth In the past year, The Nashua Bank has decreased its total deposits by -$3.1 million, resulting in -3.12% 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 The Nashua Bank has shown is below average. 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. The Nashua Bank has $117.23 million in assets with $17.39 million in equity, resulting in a capitalization level of 14.84%, which is excellent.

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