Ledyard Financial Group, Inc. operates as the holding company for Ledyard National Bank that provides retail and commercial banking and investment and trust services through its office locations in Central New Hampshire and Vermont. Segments The company operates in two segments: Banking and Wealth Advisory Services. Banking: The Banking segment consists principally of lending to commercial and consumer customers, as well as deposit gathering activities. Wealth Advisory Services: The Wealth Advisory Services segment offers financial planning services, investment management services, personal tax services, trustee services, and estate planning. Loans The company provides loans to customers primarily located within its geographic market area. As of December 31, 2008, the company’s loan portfolio included commercial loans, commercial real estate loans, residential real estate loans, and consumer loans. The commercial loans consist of loans secured by various corporate assets; loans to provide working capital in the form of secured and unsecured lines of credit; and commercial real estate loans secured by income-producing commercial real estate. The company focuses on lending to small and medium-sized business customers within its geographic marketplace. The residential real estate loans consist of loans secured by one-to-four family residences. The company usually retains adjustable-rate mortgages in its portfolio and will generally sell fixed-rate mortgages. The consumer loans are originated by the company for various purposes designed to meet the needs of its customers. Consumer loans include overdraft protection, automobile, boat, recreation vehicles, home equity, and secured and unsecured personal loans. Deposits As of December 31, 2008, the company’s deposits included demand deposits, NOW accounts, money market accounts, savings accounts, and time deposits. Investment Activities As of December 31, 2008, the company’s investment portfolio included the U.S. government sponsored enterprises, state and municipal, collateralized mortgage obligations, and mortgage-backed securities. History Ledyard Financial Group, Inc. was founded in 1991.
ledyard financial group inc
38 South Main Street
PO Box 799
Hanover, NH 03755
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