Lake Sunapee Bank Group
LSBG
NASDAQ21.94
USD
+0.12
- -
CIK
0000846931
Return %
Stock
S&P500
1Y
- -
26.53
3Y
- -
76.60
5Y
- -
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Banks
- Address
- IPO Date
- Jan 4, 2016
- CIK
- 0000846931
- Similar Companies
- Business
- Lake Sunapee Bank Group (NASDAQ: LSBG), formerly New Hampshire Thrift Bancshares, Inc., operates as a savings and loan holding company headquartered in Newport, New Hampshire, and founded in 1868, primarily providing community banking services through its subsidiary Lake Sunapee Bank, FSB, across New Hampshire and Vermont. The company offers a comprehensive range of core products and services including commercial and consumer loans, mortgages, deposit accounts such as checking, savings, certificates of deposit and individual retirement accounts, cash management programs, online banking, insurance through subsidiaries like McCrillis & Eldredge Insurance, and wealth management via Charter Trust Company managing over $1.6 billion in assets under management; it serves retail, business and municipal customers with a focus on low-cost deposits and diversified revenue streams from banking, insurance and trust services. Geographically, Lake Sunapee Bank maintains approximately 35 branch locations in New Hampshire and Vermont, emphasizing community banking with a strong credit culture and personalized financial solutions for individuals, businesses and non-profits. In a major strategic development, Lake Sunapee Bank Group was acquired by Bar Harbor Bankshares in an all-stock transaction valued at approximately $143 million in early 2017, creating a combined entity with over $3 billion in assets and operations spanning Maine, New Hampshire and Vermont; post-merger, Lake Sunapee Bank continues as a division of Bar Harbor Bank & Trust, retaining its branding at branches while integrating subsidiaries and leadership, including former executives like William J. McIver as regional president. Prior to the acquisition, the company expanded through the 2013 purchase of Central Financial Corporation and its Randolph National Bank subsidiary, adding assets and branches in Vermont. As of 2025, Lake Sunapee Bank operates within Bar Harbor Bank & Trust's network, reporting under its parent's financials amid ongoing regional banking pressures, with recent credit risk assessments noting rating downgrades to C2 and elevated default probability though positive momentum in spreads.