History and Profile of Nottingham Building Society |
Nottingham Building Society was created in 1849 by Samuel Fox. Head Office Nottingham Building Society 5/13 Upper
Parliament Street Nottingham NG21 2BX
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Nottingham Building Society Directors' Remuneration year ended 31/12/2010. |
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Pension and Life Contributions |
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62,000
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47,000
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154,000
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47,000
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8,000
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15,000
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224,000
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Nottingham Building Society had 5 Non Executive Directors during the year |
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945,000
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Nottingham Building Society Product Range |
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Nottingham Building Society Financial Summary year ending 31st December 2010. |
Nottingham made a profit after tax of £2,400,000 in 2010 as against £1,400,000 loss in
2009.
Management expenses increased to 0.76% (0.67% 2000)
Gross capital ratio increased to
7.54% from 6.82%
During the year branch savings balances grew by 9% and 0.85% of mortgages were 3 months or more
in arrears. The average loan to value of the residential mortgage book was 46%.
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Nottingham Building Society Financial Summary year ending 31st December 2009. |
Nottingham made a loss after tax of £1,400,000 in 2009 as against £500,000 profit in
2008.
Management expenses were 0.67% (0.73% 2008)
Gross capital ratio increased to 6.82% from 5.99%
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Nottingham Building Society Financial Summary year ending 31st December 2008 |
Nottingham made a profit after tax of £500,000 in 2008 as against £5,900,000 in 2007 a drop
of £5.4 million. £2.4 million of this drop resulted from the payment they must make to the fscs levy
caused by the failures of Bradford and Bingley, Icesave and London & Scottish Bank. Impairment provisions were £989,000.
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