Lake Sunapee Bank, FSB

Headquarters

9 Main Street
Newport, NH 03773
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Lake Sunapee Bank, FSB is an FDIC insured institution located in Newport, NH. It was founded in 1980 and has approximately $1.55 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 31953
Date Established 1980
Assets $ 1,591.59 million
Loans $ 1,229.68 million
Deposits $ 1,167.12 million
Capital $ 172.31 million
 

For a more detailed analysis of Lake Sunapee Bank, FSB's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 25, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - October 25, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Lake Sunapee Bank, FSB

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
1Rate, Inc
NMLS ID: 1948084
License#: MC-7051
2.567% 2.500% 0.88 $2,216 $988 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.575% 2.500% 1.00 $2,470 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to Lake Sunapee Bank, FSB
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Lake Sunapee Bank, FSB branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Lake Sunapee Bank, FSB Locations


Financial Details

Lake Sunapee Bank, FSB Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Lake Sunapee Bank, FSB. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Lake Sunapee Bank, FSB U.S. Bank Average
2.87% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Lake Sunapee Bank, FSB had $4,885,000 in non-current loans and $322,000 in owned real estate. To cover these potential losses it had $172,306,000 in equity and $8,901,000 in loans loss reserves. That gives it a Texas Ratio of 2.87%.

Return on Equity
Lake Sunapee Bank, FSB U.S. Bank Average
7.44% 7.80%

Lake Sunapee Bank, FSB has a Return on Equity of 7.44% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Lake Sunapee Bank, FSB U.S. Bank Average
10.83% 12.68%

Lake Sunapee Bank, FSB has a Capitalization of 10.83% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Lake Sunapee Bank, FSB Balance Sheet Analysis

As of December 31, 2016, Lake Sunapee Bank, FSB had assets of $1,552,939,000, loans of $1,229,675,000, and deposits of $1,167,121,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 1,229.68 million
Loan loss allowance $ 8.90 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.32 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 1,167.12 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 1,591.59 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Lake Sunapee Bank, FSB’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in New Hampshire, Lake Sunapee Bank, FSB has a significantly higher percent of Credit Card Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 62.48
Multifamily
Mortgages
2.20
Credit Card Loans 0.09
Consumer Auto Loans 0.06
Small Business Loans 12.25
Construction and Development Loans 2.36
Commercial Real Estate 22.45
Commercial and Industrial Loans 5.22
Farm Loans 0.02

Frequently Asked Questions About Lake Sunapee Bank, Fsb

Branches and Savings

Is Lake Sunapee Bank, Fsb FDIC insured?

Yes. It is covered under FDIC Certificate #31953.

Why does Lake Sunapee Bank, Fsb pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Lake Sunapee Bank, Fsb CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Lake Sunapee Bank, Fsb a commercial bank?

Yes

Where are Lake Sunapee Bank, Fsb locations?

See branch locations nearby.

Is Lake Sunapee Bank, Fsb open on Saturdays?

Is Lake Sunapee Bank, Fsb open on Sundays?

What time does Lake Sunapee Bank, Fsb open?

What time does Lake Sunapee Bank, Fsb close?

Are Lake Sunapee Bank, Fsb ATMs Open 24/7?

Do Lake Sunapee Bank, Fsb ATMs accept cash deposits?

Can Lake Sunapee Bank, Fsb customers use other ATMs?

Do Lake Sunapee Bank, Fsb branches have notaries?

Will Lake Sunapee Bank, Fsb notarize my document?

What address for Lake Sunapee Bank, Fsb should I put for incoming ACH transfers?

Will the Lake Sunapee Bank, Fsb branch print checks?

Do Lake Sunapee Bank, Fsb checks expire?

Does Lake Sunapee Bank, Fsb require US citizenship to open account?

Can Lake Sunapee Bank, Fsb close my account?

Does Lake Sunapee Bank, Fsb Report to credit bureaus?

Does Lake Sunapee Bank, Fsb Use Equifax?

What is Lake Sunapee Bank, Fsb's ACH Routing Number?

What is Lake Sunapee Bank, Fsb's SWIFT code?

Products

Does Lake Sunapee Bank, Fsb offer mortgages?

Compare mortgage rates here.

Does Lake Sunapee Bank, Fsb offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Lake Sunapee Bank, Fsb offer personal loans?

Compare personal loan rates here.

Does Lake Sunapee Bank, Fsb offer student loans?

Will Lake Sunapee Bank, Fsb cash a check?

Will Lake Sunapee Bank, Fsb redeem a savings bond?

Does Lake Sunapee Bank, Fsb cash savings bonds?

Will Lake Sunapee Bank, Fsb cash money orders?

Can Lake Sunapee Bank, Fsb issue a money order?

Does Lake Sunapee Bank, Fsb do currency exchange?

Background on The Bank

Who owns Lake Sunapee Bank, Fsb?

How long has Lake Sunapee Bank, Fsb been around?

Can Lake Sunapee Bank, Fsb transfer to other banks?

Does Lake Sunapee Bank, Fsb have quick pay?

Does Lake Sunapee Bank, Fsb accept rolled coins?

Will Lake Sunapee Bank, Fsb accept loose change?

Where is Lake Sunapee Bank, Fsb headquarters?

Customer Reviews for Lake Sunapee Bank, FSB

There are currently no comments for Lake Sunapee Bank, FSB. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →