Castle Bank & Trust Company
Meriden, CT — Domestic Branch of a Domestic Bank
Acquired Aug 2009
Vitals
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Total Assets76.3M 14.0 %
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Total Deposits56.7M 20.5 %
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Total Net Loans51.3M 9.4 %
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Net Income
-
Book Value7.2M -13.2 %
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Book Value x214.5M -13.2 %
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Book Value x321.7M -13.2 %
Balance Sheet Highlights
Financial Highlights | Castle Bank & Trust Company | All Insured Commercial Banks in Connecticut |
Balance Sheet $(000) | ||
Total Assets | 76,342 | 369,628 |
Total Net Loans | 51,329 | 251,185 |
Total Deposits | 56,726 | 299,012 |
Total Equity | 7,244 | 30,141 |
Profitability | ||
Net Income | — | 1,212 |
Return on Average Assets | — | .458 |
Return on Average Equity | — | 5.201 |
Net Interest Margin | 3.474 | 3.283 |
Efficiency Ratio | 143.839 | 118.059 |
Noninterest Income/Revenue | 4.158 | 9.087 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 90.486 | 79.674 |
Securities/Assets | .089 | 1.115 |
Total Equity/Total Assets | .095 | .082 |
Tangible Equity/Tangible Assets | .063 | -.322 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 4,689 | 28,233 |
Tier 2 Capital | 478 | 3,102 |
Total Capital | 5,167 | 31,309 |
Total Risk Weighted Assets | 59,058 | 261,989 |
Leverage Ratio | 6.59 | 9.703 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 7.94 | 14.338 |
Total Capital Ratio | 8.75 | 15.532 |
Timeline for Castle Bank & Trust Company
Castle Bank & Trust Company
Castle Bank & Trust Company was established 25 years ago and is currently headquartered in Meriden, CT.
Apr 12 1999Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Ion Bank | Buyer | 1,183,532 | Acquisition | Discontinued | 8/8/2009 |
Relationships | Role | Relationship Start | Relationship End |
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