Lake Sunapee Bank Group, formerly New Hampshire Thrift Bancshares, Inc., is a savings and loan holding company. The Company operates through two segments: Banking and Wealth Management. The Banking segment provides an array of lending and depository-related products and services to individuals, businesses and municipal enterprises. The Banking segment also provides commercial insurance and consumer products, including life, health, auto and homeowner insurance, through McCrillis & Eldredge Insurance, Inc. (McCrillis & Eldredge) and brokerage services through Lake Sunapee Financial Services Corporation. The Wealth Management segment provides trust and investment services through Charter Holding and Charter Trust. The Company is the parent company of Lake Sunapee Bank, fsb (the Bank), a federally chartered savings association. The Bank is a full-service community institution promoting the ideals of thrift, security, home ownership and financial independence for its customers.
Show more

Employee Rating

3.0More
TypeSubsidiary
Parent CompanyBar Harbor Bankshares
HQNewport, US
Founded1868
Websitelakesunbank.com
Lake Sunapee Bank Group was founded in 1868 and is headquartered in Newport, US
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

Lake Sunapee Bank Group Office Locations

Lake Sunapee Bank Group has offices in Winter Harbor, Topsham, Southwest Harbor, Rockland and in 11 other locations
Newport, US (HQ)
9 Main St
Bar Harbor, US
82 Main St
Blue Hill, US
21 Main St
China, US
368 Old Maine 3
Deer Isle, US
25 Church St
Ellsworth, US
135 High St
Show all (16)
Report incorrect company information

Lake Sunapee Bank Group Financials and Metrics

Summary Metrics

Founding Date

1868
Lake Sunapee Bank Group is a subsidiary of Bar Harbor Bankshares

Lake Sunapee Bank Group Revenue

Lake Sunapee Bank Group's revenue was reported to be $8.47 m in FY, 2015 which is a 1.5% increase from the previous period.
Annual
USDFY, 2013FY, 2014FY, 2015

Revenue

2.7m8.3m8.5m

Revenue growth, %

204%2%

Cost of goods sold

6.8m6.9m

Gross profit

1.5m1.6m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

14.1m16.3m17.3m17.2m16.8m16.9m16.5m17.0m18.6m17.9m

Cost of goods sold

1.5m1.6m1.6m1.7m1.8m1.7m1.6m1.9m2.0m1.9m

Gross profit

12.6m14.6m15.7m15.5m15.0m15.2m14.8m15.1m16.7m16.0m

Gross profit Margin, %

89%90%91%90%89%90%90%89%89%89%
Annual
USDFY, 2013FY, 2014FY, 2015

Cash

33.6m51.1m42.6m

Accounts Receivable

2.6m2.6m2.4m

PP&E

23.8m24.4m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

22.4m35.9m43.7m40.0m45.8m65.2m41.9m38.7m54.6m36.1m

Goodwill

44.8m45.0m44.6m44.6m44.6m44.6m44.6m44.6m

Total Assets

1.2b1.4b1.5b1.5b1.5b1.5b1.5b1.6b1.6b1.6b

Accounts Payable

921.4m1.1b1.1b1.1b1.1b1.1b1.1b1.1b1.1b1.1b
Annual
USDFY, 2013FY, 2014FY, 2015

Net Income

8.4m10.0m9.0m

Depreciation and Amortization

1.8m1.7m1.5m

Accounts Payable

1.1m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q2, 2016

Net Income

6.4m2.1m4.5m7.2m2.3m4.7m6.9m4.8m

Depreciation and Amortization

1.2m520.0k1.1m1.7m1.2m1.9m1.3m

Accounts Payable

1.2m

Cash From Operating Activities

19.4m4.1m1.5m9.7m5.6m15.8m(669.0k)
Show all financial metrics
Report incorrect company information

Lake Sunapee Bank Group Online and Social Media Presence

Embed Graph
Report incorrect company information

Lake Sunapee Bank Group Company Life and Culture

Report incorrect company information

Lake Sunapee Bank Group Frequently Asked Questions

  • When was Lake Sunapee Bank Group founded?

    Lake Sunapee Bank Group was founded in 1868.

  • What is Lake Sunapee Bank Group revenue?

    Latest Lake Sunapee Bank Group annual revenue is $8.5 m.

  • Who are Lake Sunapee Bank Group competitors?

    Competitors of Lake Sunapee Bank Group include United Bankshares, International Bancshares and Chemical Bank.

  • Where is Lake Sunapee Bank Group headquarters?

    Lake Sunapee Bank Group headquarters is located at 9 Main St, Newport.

  • Where are Lake Sunapee Bank Group offices?

    Lake Sunapee Bank Group has offices in Winter Harbor, Topsham, Southwest Harbor, Rockland and in 11 other locations.

  • How many offices does Lake Sunapee Bank Group have?

    Lake Sunapee Bank Group has 16 offices.