Lake Sunapee Bank, FSB (merged into Bar Harbor Bank & Trust)
Lake Sunapee Bank, FSB reported total assets of $1.6 bn at Q4 2016, its last Call Report before it merged into Bar Harbor Bank & Trust. The CET1 capital ratio at Lake Sunapee Bank, FSB was 12.75%, and the uninsured share of Lake Sunapee Bank, FSB was 10.06%. Source: FDIC Call Reports.
What sets Lake Sunapee Bank, FSB apart
Nothing in the latest data sets Lake Sunapee Bank, FSB apart from banks of its size: no ratio in the top or bottom tenth of its size group, no large rank move or year change, and no acquisition in the FDIC history since 2016. This page is kept out of search results until that changes.
How large is Lake Sunapee Bank, FSB?
The balance sheet of Lake Sunapee Bank, FSB at : assets $1.6 bn, deposits $1.2 bn, net loans $1.2 bn (loans equal to 105.36% of deposits). Securities make up 9.3% of total assets at Lake Sunapee Bank, FSB. Since , when Lake Sunapee Bank, FSB held $1.6 bn, its assets shrank 0.6%. At , Lake Sunapee Bank, FSB employed 339 full-time equivalent staff across 35 offices, about $4.6 mn of assets per employee and $33.3 mn of deposits per office.
How much funding at Lake Sunapee Bank, FSB is uninsured?
At Lake Sunapee Bank, FSB, uninsured deposits (above the FDIC limit) made up 10.06% of domestic deposits at . In dollars, Lake Sunapee Bank, FSB estimated $117.4 mn of uninsured deposits.
Key facts, Q4 2016
| Metric | Value | A year earlier | US rank |
|---|---|---|---|
| Total deposits | $1.2 bn | not available | |
| Net loans and leases | $1.2 bn | not available | |
| Loan-to-deposit ratio | 105.36% | not available | |
| Tier 1 leverage ratio | 8.82% | not available | |
| Total risk-based capital ratio | 13.61% | not available | |
| Net interest margin | 3.20% | not available | |
| Return on assets (ROA) | 0.77% | not available | |
| Efficiency ratio | 71.83% | not available | |
| Unrealized gain/loss on available-for-sale securities | Loss of $4.0 mn | not available | |
| Noncurrent loans to total loans | 0.39% | not available | |
| Net charge-offs to average loans | 0.04% | not available |
US rank of Lake Sunapee Bank, FSB: 1 = highest unless marked 1 = lowest.
Balance sheet
Lake Sunapee Bank, FSB: assets, deposits and loans
- Total assets $1.6bn
- Deposits $1.2bn
- Net loans $1.2bn
Capital and securities
The CET1 ratio of Lake Sunapee Bank, FSB stood at 12.75% in . Low and high at Lake Sunapee Bank, FSB since : 12.12% () to 12.75% (). Equity capital of Lake Sunapee Bank, FSB at : $172.3 mn, or 11.1% of total assets. Lake Sunapee Bank, FSB also reported a total capital ratio of 13.61% for , and a tier 1 leverage ratio of 8.82%.
The available-for-sale portfolio of Lake Sunapee Bank, FSB showed an unrealized loss of $4.0 mn at .
Lake Sunapee Bank, FSB: capital ratios
- Total capital 14%
- CET1 13%
- Tier 1 leverage 8.8%
Lake Sunapee Bank, FSB: unrealized securities gains and losses
- Available for sale -$4mn
- Held to maturity $0
Profitability and loan quality
For the year to , Lake Sunapee Bank, FSB earned a return on equity of 6.90%; return on assets: 0.77%. Net interest margin at Lake Sunapee Bank, FSB: 3.20%. Lake Sunapee Bank, FSB net income: $12.0 mn. The efficiency ratio of Lake Sunapee Bank, FSB was 71.83%: about 72 cents cost per revenue dollar, against 72 cents at the median peer.
At , noncurrent loans were 0.39% of total loans at Lake Sunapee Bank, FSB; net charge-offs: 0.04% of average loans. Gross loans and leases at Lake Sunapee Bank, FSB: $1.2 bn.
Lake Sunapee Bank, FSB: profitability
- Return on equity 6.9%
- Net interest margin 3.2%
- Return on assets 0.8%
Peer group of Lake Sunapee Bank, FSB
The peer group of Lake Sunapee Bank, FSB is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 0 share the charter type of Lake Sunapee Bank, FSB (federal savings bank) and 1 has its head office in New Hampshire. Against them, Lake Sunapee Bank, FSB shows CET1 ratio 12.75% against a peer median of 12.50%, return on equity 6.90% against a peer median of 7.94% and uninsured deposit share 10.06% against a peer median of 21.84%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| CB&S Bank, Inc. | State nonmember bank | AL | $1.6 bn | 17.72% | 7.03% | 21.01% | |
| Emprise Bank | State nonmember bank | KS | $1.6 bn | 10.58% | 15.55% | 23.84% | |
| Home Bank | National bank | LA | $1.6 bn | 12.91% | 10.30% | 23.01% | |
| Lake Sunapee Bank, FSB | Federal savings bank | NH | $1.6 bn | 12.75% | 6.90% | 10.06% | |
| MutualBank | State nonmember bank | IN | $1.6 bn | 11.86% | 8.85% | 22.66% | |
| Mascoma Bank | State member bank | NH | $1.5 bn | 12.08% | 5.64% | 9.46% | |
| Savings Institute Bank and Trust Company | State member bank | CT | $1.5 bn | 14.17% | 4.50% | 15.57% | |
. FDIC Call Reports.
Last eight quarters
Two years at Lake Sunapee Bank, FSB, to : assets $1.6 bn to $1.6 bn, deposits $1.2 bn to $1.2 bn, equity $172.4 mn to $172.3 mn. Staff 344 to 339.
| Metric | Q1 2016 | Q2 2016 | Q3 2016 | Q4 2016 |
|---|---|---|---|---|
| Total assets | $1.6 bn | $1.6 bn | $1.6 bn | $1.6 bn |
| Total deposits | $1.2 bn | $1.2 bn | $1.2 bn | $1.2 bn |
| Bank equity capital | $172.4 mn | $176.1 mn | $176.2 mn | $172.3 mn |
| CET1 ratio | 12.12% | 12.68% | 12.65% | 12.75% |
| Return on equity (ROE) | 6.68% | 7.44% | 7.46% | 6.90% |
| Uninsured share of domestic deposits | 9.55% | 9.36% | 8.48% | 10.06% |
| Full-time equivalent employees | 344 | 342 | 339 | 339 |
| Number of offices | 35 | 35 | 35 | 35 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Lake Sunapee Bank, FSB, oldest first; figures before and after each event are not like for like.
- . Merged into Bar Harbor Bank & Trust (FDIC certificate 11971).
Questions and identifiers
What were the total assets of Lake Sunapee Bank, FSB?
Lake Sunapee Bank, FSB reported $1.6 bn at in its Call Report.
Is Lake Sunapee Bank, FSB the same as its holding company?
No. This page covers Lake Sunapee Bank, FSB, FDIC certificate 31953; LAKE SUNAPEE BANK GROUP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Lake Sunapee Bank, FSB profitable?
Lake Sunapee Bank, FSB reported net income of $12.0 mn for the year to ; annualized return on equity: 6.90%. So yes: Lake Sunapee Bank, FSB made a profit over these months.
When is data for Lake Sunapee Bank, FSB next updated?
Lake Sunapee Bank, FSB no longer files Call Reports; its data ends at .
Where can I check the figures for Lake Sunapee Bank, FSB?
In the FDIC BankFind Suite record for certificate 31953, and in the Call Reports of Lake Sunapee Bank, FSB (RSSD ID 91101) at the FFIEC Central Data Repository.