Vitals
  • Total Assets
    1.1B 6.6 %
  • Total Deposits
    900.1M 6.4 %
  • Total Net Loans
    873.9M 6.8 %
  • Net Income
    10.3M 11.5 %
  • Book Value
    153.0M 8.9 %
  • Book Value x2
    306.1M 8.9 %
  • Book Value x3
    459.1M 8.9 %
ROAA

.965

ROAE

7.017

Efficiency Ratio

75.736

Net Interest Margin

4.093

Balance Sheet Highlights
Financial Highlights Norway Savings Bank All Insured Savings Banks in Maine
Balance Sheet $(000)
Total Assets 1,092,604 780,870
Total Net Loans 873,875 596,974
Total Deposits 900,144 593,553
Total Equity 153,045 88,758
Profitability
Net Income 10,276 5,752
Return on Average Assets .965 .698
Return on Average Equity 7.017 6.167
Net Interest Margin 4.093 3.628
Efficiency Ratio 75.736 74.252
Noninterest Income/Revenue 16.058 17.867
Balance Sheet Ratios
Loan-to-Deposit 97.082 105.994
Securities/Assets .088 .146
Total Equity/Total Assets .14 .114
Tangible Equity/Tangible Assets .134 .109
Capital Adequacy
Tier 1 Common Capital 147,934 87,449
Tier 1 Capital 147,934 87,449
Tier 2 Capital 9,197 7,197
Total Capital 157,131 94,645
Total Risk Weighted Assets 1,073,844 602,706
Leverage Ratio 13.54 11.396
Common Equity Tier 1 Capital Ratio 13.78 15.682
Tier 1 Capital Ratio 13.78 15.682
Total Capital Ratio 14.63 16.87

Timeline for Norway Savings Bank

Norco, Llc

Norco, Llc became a new subsidiary organization for Norway Savings Bank.

View Profile Nov 24 2015

Oxford Holdings, Llc

Oxford Holdings, Llc became a new subsidiary organization for Norway Savings Bank.

View Profile Oct 21 2009

152-168 Lisbon Street Corp.

152-168 Lisbon Street Corp. became a new subsidiary organization for Norway Savings Bank.

View Profile Apr 15 2003

Coastal Bank

Acquisition: Norway Savings Bank acquired a new subsidiary, Coastal Bank, 22 years

View Profile Sep 01 2001

C.S.C.

C.S.C. became a new subsidiary organization for Norway Savings Bank.

View Profile Sep 01 2001

Want to see more?

Complete timeline for Norway Savings Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Coastal Bank Seller 236,213 Acquisition Discontinued 9/1/2001
Relationships Role Relationship Start Relationship End
Norway Bancorp, Inc Parent 2/24/2000
C.S.C. Subsidary 6/30/2007
Maine Cash Access, Llc Subsidary 9/1/2001
Norway Service Corporation Subsidary 6/30/2007
Oxford Holdings, Llc Subsidary 10/21/2009
Norco, Llc Subsidary 11/24/2015
152-168 Lisbon Street Corp. Subsidary 4/15/2003 5/4/2016
C.S.C. Subsidary 9/1/2001 6/29/2007
Norway Service Corporation Subsidary 8/31/2001 6/29/2007
Financial Institution Service Corporation Subsidary 2/24/2000 4/14/2003
Maine Cash Access, Llc Subsidary 5/19/2000 8/31/2001
160 Lisbon Street Associates, Llc Subsidary 2/24/2000 6/27/2000
168 Lisbon Street, Llc Subsidary 2/24/2000 6/27/2000
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