Great Country Bank in Ansonia, Connecticut (CT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 15, 1995

  • Great Country Bank in Ansonia, Connecticut (CT)
  • Show street view No street view available for this location

Great Country Bank - Overview

  • General
  • FDIC Certificate #: 18222
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Centerbank (#18262)
    Federal Reserve ID: 165002
    Date Established: June 01, 1862
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 7 (Interstate: No)
    OTS Docket #: 8369
    FDIC's unique #: 12140
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 01, 1960
    Last Structure Change Effective Date: December 15, 1995
    Last Structure Change Process Date: January 04, 1996
    Last Data Update: January 04, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 211 Main Street, Ansonia, CT 6401
    County: New Haven
    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): Bridgeport, CT (#1160)
    Consolidated Metropolitan Statistical Area (CMSA): New York-Northern New Jersey-Long Island, NY-NJ-CT-PA (#70)
    Combined Statistical Area (CSA): New York-Newark-Bridgeport, NY-NJ-CT-PA (#408)
    Core Based Statistical Area (CBSA): New Haven-Milford, CT (#35300)
    CBSA Metro Statistical Area: New Haven-Milford, CT (#35300)
  • Financial Summary
  • Total assets: $320.3 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $135Total assets
  • $342,871Cash and due from depository institutions
  • $5,943Interest-bearing balances
  • $189Securities
  • $75,163Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $247,885Loan loss allowance
  • $4,961Trading account assets
  • $0Bank premises and fixed assets
  • $6,075Other real estate owned
  • $4,600Goodwill and other intangibles
  • $3,205Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $342,871Total liabilities
  • $328,022Total deposits
  • $291,680Interest-bearing deposits
  • $278,868Deposits held in domestic offices
  • 291680.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $3,005Trading liabilities
  • $0Other borrowed funds
  • $31,753Subordinated debt
  • $0All other liabilities
  • $1,584Total equity capital
  • $1,584Total bank equity capital
  • $14,849Perpetual preferred stock
  • $0Common stock
  • $5,038Surplus
  • $42,196Undivided profits
  • Memoranda
  • $-32,385Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $11,437Income earned, not collected on loans
  • $1,438Earning assets
  • $323,237Long-term assets (5+ years)
  • $146,934Average Assets, year-to-date
  • $349,408Average Assets, quarterly
  • $345,107Volatile liabilities
  • $18,532Insider loans
  • $2,129FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $17,147Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $15,883Total risk weighted assets
  • $188,457Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $23,145Total interest expense
  • $11,166Net interest income
  • $11,979Provision for loan and lease losses
  • $696Total noninterest income
  • $2,635Fiduciary activities
  • $0Service charges on deposit accounts
  • $838Trading account gains & fees
  • $0Additional noninterest income
  • $1,797Total noninterest expense
  • $16,163Salaries and employee benefits
  • $5,371Premises and equipment expense
  • $1,788Additional noninterest expense
  • $9,004Pre-tax net operating income
  • -$2,245Securities gains (losses)
  • -$20Applicable income taxes
  • $10Income before extraordinary items
  • -$2,275Extraordinary gains - net
  • $19Net income attributable to bank
  • -$2,256Net charge-offs
  • $3,298Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $27Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.15%Cost of funding earning assets
  • 3.45%Net interest margin
  • 3.70%Noninterest income to earning assets
  • 0.81%Noninterest expense to earning assets
  • 4.99%Net operating income to assets
  • -0.65%Return on assets (ROA)
  • -0.65%Pretax return on assets
  • -0.64%Return on equity (ROE)
  • -13.34%Retained earnings to average equity (YTD only)
  • -13.34%Net charge-offs to loans
  • 1.35%Credit loss provision to net charge-offs
  • 21.10%Efficiency ratio
  • 110,599Assets per employee
  • 2.54%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.96%Loss allowance to noncurrent loans
  • 43.38%Noncurrent assets plus other real estate owned to assets
  • 4.68%Noncurrent loans to loans
  • 4.52%Net loans and leases to deposits
  • 84.99%Net loans and leases to core deposits
  • 86.38%Equity capital to assets
  • 4.33%Core capital (leverage) ratio
  • 4.58%Tier 1 risk-based capital ratio
  • 8.43%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $349,408Average earning assets
  • $16,913Average equity
  • $323,694Average loans

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