National Counties Building Society Profile and History |
Established 1896 Head Office 30 Church Street Epsom Surrey KT17 4NL Tel 01372 742211 Hampshire Trust is a subsidiary.
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National Counties Building Society Directors Salaries and Remuneration year
ended 31/12/2010. |
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Increase in accrued pension |
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Non Executive Directors Fees |
218,000
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5,000
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National Counties Building Society Product Range |
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National Counties Building Society Financial Results year ended 31/12/2010 |
National Counties Building Society made a profit after tax of £1,253,000 as against a profit
of £3,040,000 the year before.
During the year loan balances decreased by 6% and provisions were £9.6
million specific and £0.5 million for general future loan losses. At the year end there was 1 property in
possession and 10 mortgage accounts in arrears by 12 months or more with loan arrears of £99,000. Savers balances increased
by 1% to £911 million.
Management expenses to mean assets increased to 0.75% from 0.69%.
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National Counties Building Society Financial Results year ended 31/12/2009 |
National Counties Building Society made a profit after tax of £3,040,000 as against a loss the year
before of £7,972,000.
During the year 3 properties were repossessed and overall lending levels were only
60% of the year before another 13 mortgages were 12 months or more in arrears.
Management expense ratio was 0.69%
(0.70% 2008)
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National Counties Building Society Financial Results year ended 31/12/2008 |
National Counties Building Society made a loss before tax for the year of £7,972,000 as against
a profit the year before of £5,882,000. The figures include the estimated £1,623,000 that national counties will
have to pay to the fscs levy over the next 3 years. £7,286,000 of provisions was also made relating to investments of
which recovery was uncertain. At the year end one property
was in possession and a further six mortgage accounts in arrears by twelve months or more. Highlights of the year 14,000 new members Retail
Savings Balances grew 25% Mortgages in arrears by one months or more payment, as a % of all
society's mortgage accounts 1% (1% 2007)
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