Bank of South Windsor in city_name, state_name - Detailed Financial Reports, Location

Bank of South Windsor in South Windsor, Connecticut (CT)
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Bank of South Windsor - Overview

General
FDIC Certificate #: 27504
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: New England Bank and Trust Company (#20536)
Federal Reserve ID: 1393129
Date Established: May 15, 1989
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
OTS Docket #: 9350
FDIC's unique #: 40237
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: May 15, 1989
Last Structure Change Effective Date: August 14, 1998
Last Structure Change Process Date: September 10, 1998
Last Data Update: September 10, 1998
Data Source Date: April 05, 2012
Location
Address: 1695 Ellington Road, South Windsor, CT 6074
County: Hartford
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: New York
FDIC Field Office: Hartford
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
Metropolitan Statistical Area (MSA): Hartford, CT (#3280)
Combined Statistical Area (CSA): Hartford-West Hartford-Willimantic, CT (#278)
Core Based Statistical Area (CBSA): Hartford-West Hartford-East Hartford, CT (#25540)
CBSA Metro Statistical Area: Hartford-West Hartford-East Hartford, CT (#25540)
Financial Summary
Total assets: $154.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
69Total employees (full-time equivalent)
$155,123Total assets
$7,985Cash and due from depository institutions
$394Interest-bearing balances
$44,202Securities
$1,900Federal funds sold & reverse repurchase agreements
$97,791Net loans & leases
$2,156Loan loss allowance
$0Trading account assets
$1,009Bank premises and fixed assets
$212Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,024All other assets
$155,123Total liabilities and capital
$144,286Total liabilities
$132,903Total deposits
$102,914Interest-bearing deposits
$132,903Deposits held in domestic offices
0.00%% insured (estimated)
$1,410Federal funds purchased & repurchase agreements
$0Trading liabilities
$9,200Other borrowed funds
$0Subordinated debt
$773All other liabilities
$10,837Total equity capital
$10,837Total bank equity capital
$10,837Perpetual preferred stock
$0Common stock
$4,791Surplus
$3,799Undivided profits
Memoranda
$2,247Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$637Earning assets
$0Long-term assets (5+ years)
$548Average Assets, year-to-date
$144,287Average Assets, quarterly
$52,050Volatile liabilities
$149,874Insider loans
$155,111FHLB advances
$13,283Loans and leases held for sale
$3,379Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,581Total risk weighted assets
$24,055Total unused commitments
$0Restructured Loans and leases
$99,835Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$11,593Total interest income
$4,415Total interest expense
$7,178Net interest income
$368Provision for loan and lease losses
$1,082Total noninterest income
$0Fiduciary activities
$714Service charges on deposit accounts
$0Trading account gains & fees
$368Additional noninterest income
$6,007Total noninterest expense
$2,940Salaries and employee benefits
$910Premises and equipment expense
$2,157Additional noninterest expense
$1,885Pre-tax net operating income
$74Securities gains (losses)
$738Applicable income taxes
$1,221Income before extraordinary items
$0Extraordinary gains - net
$1,221Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$185Sale, conversion, retirement of capital stock, net
$113Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.42%Yield on earning assets
3.21%Cost of funding earning assets
5.22%Net interest margin
0.79%Noninterest income to earning assets
4.36%Noninterest expense to earning assets
0.78%Net operating income to assets
0.81%Return on assets (ROA)
1.31%Pretax return on assets
12.34%Return on equity (ROE)
11.20%Retained earnings to average equity (YTD only)
0.18%Net charge-offs to loans
198.92%Credit loss provision to net charge-offs
12.18%Efficiency ratio
72,724Assets per employee
2.25%Cash dividends to net income (YTD only)
Condition Ratios (%)
9.25%Loss allowance to loans
2.16%Loss allowance to noncurrent loans
338.46%Noncurrent assets plus other real estate owned to assets
0.55%Noncurrent loans to loans
0.64%Net loans and leases to deposits
73.58%Net loans and leases to core deposits
80.33%Equity capital to assets
6.99%Core capital (leverage) ratio
6.89%Tier 1 risk-based capital ratio
10.66%Total risk-based capital ratio
Memoranda
$12Average assets
$149,874Average earning assets
$9,896Average equity
$137,641Average loans

Bank of South Windsor in South Windsor, Connecticut (CT)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of South Windsor - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

Comment about this bank, ask questions, or add new information about it:

Bank of South Windsor in South Windsor, Connecticut (CT)Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of South Windsor - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

Comment about this bank, ask questions, or add new information about it:

Bank of South Windsor in South Windsor, Connecticut (CT)
Overview, Financial Summary, Detailed Financial Reports, Branches