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New Hampshire: Banks’ Economic Impact

Banks support New Hampshire's economy with consumer, business and other loans, and by providing more than 5,000 people with a rewarding place to work.

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Jobs

Jobs

  • 5,703Employees

  • $664.1 MTotal Annual Compensation & Benefits

  • $116,443Average Total Compensation & Benefits

  • 19Banks Headquartered in State

Source: FDIC Call Report 2023Q4, Bureau of Labor Statistics 2023, ABA analysis

Lending

Lending

  • $3.8 BNew Home Loans Booked in 2023

  • 9,814Number of New Home Loans in 2023

  • $365,000Median New Home Loan Size in 2023

  • $2.4 BSmall Business Loans

  • 104.9 KNumber of Small Business Loans

  • $23,187Average Small Business Loan

  • $208.5 MSmall Farm Loans

  • 3,461Number of Small Farm Loans

  • $60,248Average Small Farm Loan

Source: FFIEC HMDA 2023, FFIEC CRA 2023, FDIC Call Report 2023Q4, ABA analysis

Customers

Customers

  • $47.9 BDeposits

  • 43Banks Operating Branches

  • 403Branches & Offices

  • 217Branches Offering Low Fee Bank On-certified Accounts

In the Neighborhood

With 11 branches throughout New Hampshire, Passumpic Bank helps local businesses thrive. The bank’s Main Street presence allows bankers to get to know the business owners and their individual needs to provide personal service that fuels the local economy.

Source: FDIC Summary of Deposits 2023Q4, CFE Fund, ABA analysis

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