Bank Of Westport
Westport, CT — Domestic Branch of a Domestic Bank
Acquired Jun 2004
Vitals
-
Total Assets81.8M 27.9 %
-
Total Deposits74.1M 31.8 %
-
Total Net Loans48.6M 12.9 %
-
Net Income11000.0000 -86.4 %
-
Book Value6.6M 0.4 %
-
Book Value x213.3M 0.4 %
-
Book Value x319.9M 0.4 %
Balance Sheet Highlights
Financial Highlights | Bank Of Westport | All Insured Commercial Banks in Connecticut |
Balance Sheet $(000) | ||
Total Assets | 81,825 | 168,394 |
Total Net Loans | 48,599 | 93,908 |
Total Deposits | 74,063 | 135,649 |
Total Equity | 6,628 | 15,613 |
Profitability | ||
Net Income | 11 | 1,042 |
Return on Average Assets | .058 | 1.201 |
Return on Average Equity | .67 | 12.1 |
Net Interest Margin | 4.035 | 3.918 |
Efficiency Ratio | 98.689 | 78.583 |
Noninterest Income/Revenue | 4.622 | 64.875 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 65.619 | 67.305 |
Securities/Assets | .159 | .352 |
Total Equity/Total Assets | .081 | .093 |
Tangible Equity/Tangible Assets | .081 | -1.221 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 6,518 | 15,157 |
Tier 2 Capital | 565 | 1,204 |
Total Capital | 7,083 | 16,215 |
Total Risk Weighted Assets | 49,034 | 98,906 |
Leverage Ratio | 8.59 | 10.044 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 13.29 | 16.571 |
Total Capital Ratio | 14.45 | 17.64 |
Timeline for Bank Of Westport
Fairfield County Bank
Bank Of Westport was acquired by Fairfield County Bank 19 years
View Profile Jun 21 2004Bank Of Westport
Bank Of Westport was established 25 years ago and is currently headquartered in Westport, CT.
Oct 01 1998Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Fairfield County Bank | Buyer | 1,546,451 | Acquisition | Discontinued | 6/21/2004 |
Relationships | Role | Relationship Start | Relationship End |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
Goppert Financial Bank
|
Lathrop | MO | 81.9M |
Atlantic Community Bank
|
Bluffton | SC | 81.9M |
Almena State Bank
|
Almena | KS | 81.6M |
California Business Bank
|
Irvine | CA | 82.1M |
Federated Bank
|
Onarga | IL | 82.2M |
Bay Bank
|
Green Bay | WI | 82.4M |
Bank Of Cashton
|
Cashton | WI | 82.5M |
Logan County Bank
|
Scranton | AR | 83.1M |
Citizens State Bank
|
Roma | TX | 83.2M |
Proficio Bank
|
Cottonwood Heights | UT | 80.2M |