Northway Bank Berlin New Hampshire

Northway Bank Berlin New Hampshire was founded in 19934.  The company took $10MM in bailout funds which it hasn’t repaid.

They have $826MM in assets with $69MM in equity.

The company has $29MM in problem loans.

Net income was $5MM in FY10 and $2MM in FY09.

Why haven’t they used these funds to repay the tax payer?

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2 Responses to “Northway Bank Berlin New Hampshire”

  1. Bradley Guffey Says:

    Really great info can be found on website.

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