Vitals
  • Total Assets
    105.6M -1.5 %
  • Total Deposits
    75.1M -2.2 %
  • Total Net Loans
    54.4M -12.0 %
  • Net Income
    387000.0000 8.7 %
  • Book Value
    8.1M -1.1 %
  • Book Value x2
    16.3M -1.1 %
  • Book Value x3
    24.4M -1.1 %
ROAA

.723

ROAE

9.317

Efficiency Ratio

69.392

Net Interest Margin

3.341

Balance Sheet Highlights
Financial Highlights The Canaan National Bank All Insured Commercial Banks in Connecticut
Balance Sheet $(000)
Total Assets 105,608 306,961
Total Net Loans 54,400 126,366
Total Deposits 75,061 213,719
Total Equity 8,141 49,478
Profitability
Net Income 387 6,774
Return on Average Assets .723 1.209
Return on Average Equity 9.317 12.299
Net Interest Margin 3.341 3.767
Efficiency Ratio 69.392 76.101
Noninterest Income/Revenue 10.139 40.278
Balance Sheet Ratios
Loan-to-Deposit 72.474 70.517
Securities/Assets .422 .471
Total Equity/Total Assets .077 .161
Tangible Equity/Tangible Assets .074 -.993
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 8,327 27,368
Tier 2 Capital 693 1,222
Total Capital 9,020 28,583
Total Risk Weighted Assets 70,962 144,703
Leverage Ratio 7.78 9.936
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 11.73 15.97
Total Capital Ratio 12.71 17.029

Timeline for The Canaan National Bank

Salisbury Bank And Trust Company

The Canaan National Bank was acquired by Salisbury Bank And Trust Company 19 years

View Profile Sep 11 2004

Cnb Insurance Agency, Inc.

Cnb Insurance Agency, Inc. became a new subsidiary organization for The Canaan National Bank.

View Profile Jun 01 2002

Canaan National Bancorp, Inc.

Canaan National Bancorp, Inc. became a new parent organization for The Canaan National Bank.

View Profile Apr 07 1989

The Canaan National Bank

The Canaan National Bank was established 117 years ago and is currently headquartered in Canaan, CT.

Feb 14 1907
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Salisbury Bank And Trust Company Buyer 928,508 Acquisition Discontinued 9/11/2004
Relationships Role Relationship Start Relationship End
Canaan National Bancorp, Inc. Parent 4/7/1989 9/10/2004
Cnb Insurance Agency, Inc. Subsidary 6/1/2002 9/10/2004
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