The Bank Of Fairfield
Fairfield, CT — Domestic Branch of a Domestic Bank
Acquired Sep 2013
Vitals
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Total Assets169.7M 32.6 %
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Total Deposits147.7M 38.5 %
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Total Net Loans147.8M 29.4 %
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Net Income553000.0000 416.8 %
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Book Value13.8M 6.7 %
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Book Value x227.6M 6.7 %
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Book Value x341.4M 6.7 %
Balance Sheet Highlights
Financial Highlights | The Bank Of Fairfield | All Insured Commercial Banks in Connecticut |
Balance Sheet $(000) | ||
Total Assets | 169,713 | 1,368,348 |
Total Net Loans | 147,847 | 837,899 |
Total Deposits | 147,675 | 1,038,958 |
Total Equity | 13,806 | 136,354 |
Profitability | ||
Net Income | 553 | 5,333 |
Return on Average Assets | .691 | -.691 |
Return on Average Equity | 8.15 | -15.206 |
Net Interest Margin | 4.019 | 3.285 |
Efficiency Ratio | 68.687 | 114.947 |
Noninterest Income/Revenue | 12.669 | 20.946 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 100.117 | 77.463 |
Securities/Assets | .026 | .29 |
Total Equity/Total Assets | .081 | .1 |
Tangible Equity/Tangible Assets | .081 | .076 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 13,829 | 109,796 |
Tier 2 Capital | 1,683 | 11,243 |
Total Capital | 15,512 | 121,039 |
Total Risk Weighted Assets | 134,134 | 903,052 |
Leverage Ratio | 8.41 | 8.786 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 10.31 | 13.95 |
Total Capital Ratio | 11.56 | 15.16 |
Timeline for The Bank Of Fairfield
The Bank Of Fairfield
The Bank Of Fairfield was established 15 years ago and is currently headquartered in Fairfield, CT.
Aug 29 2008Bankwell Financial Group, Inc.
Bankwell Financial Group, Inc. became a new parent organization for The Bank Of Fairfield.
View Profile Aug 29 2008Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Bankwell Bank | Buyer | 1,560,573 | Pooling of Interests | Discontinued | 9/9/2013 |
Relationships | Role | Relationship Start | Relationship End |
Bankwell Financial Group, Inc. | Parent | 8/29/2008 | 9/8/2013 |
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