The Torrington Savings Bank
Torrington, CT — State Savings Bank
Active
Vitals
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Total Assets823.9M 1.8 %
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Total Deposits664.3M 0.9 %
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Total Net Loans441.2M 7.5 %
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Net Income4.1M 5.8 %
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Book Value155.7M 5.5 %
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Book Value x2311.3M 5.5 %
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Book Value x3467.0M 5.5 %
Balance Sheet Highlights
| Financial Highlights | The Torrington Savings Bank | All Insured Savings Banks in Connecticut |
| Balance Sheet $(000) | ||
| Total Assets | 823,875 | 1,035,207 |
| Total Net Loans | 441,244 | 788,025 |
| Total Deposits | 664,326 | 806,060 |
| Total Equity | 155,655 | 120,046 |
| Profitability | ||
| Net Income | 4,062 | 6,667 |
| Return on Average Assets | .503 | .734 |
| Return on Average Equity | 2.684 | 5.649 |
| Net Interest Margin | 2.245 | 3.099 |
| Efficiency Ratio | 70.21 | 79.091 |
| Noninterest Income/Revenue | 11.823 | 20.769 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 66.42 | 88.88 |
| Securities/Assets | .311 | .146 |
| Total Equity/Total Assets | .189 | .116 |
| Tangible Equity/Tangible Assets | .189 | .111 |
| Capital Adequacy | ||
| Tier 1 Common Capital | 149,539 | 116,350 |
| Tier 1 Capital | 149,539 | 116,350 |
| Tier 2 Capital | 8,446 | 7,969 |
| Total Capital | 157,985 | 124,274 |
| Total Risk Weighted Assets | 347,807 | 793,497 |
| Leverage Ratio | 18.42 | 12.795 |
| Common Equity Tier 1 Capital Ratio | 42.99 | 17.917 |
| Tier 1 Capital Ratio | 42.99 | 17.917 |
| Total Capital Ratio | 45.42 | 18.9 |
Timeline for The Torrington Savings Bank
Falls Village Savings Bank
Acquisition: The Torrington Savings Bank acquired a new subsidiary, Falls Village Savings Bank, 53 years
View Profile Apr 16 1971
The Torrington Savings Bank
The Torrington Savings Bank was established 155 years ago and is currently headquartered in Torrington, CT.
Aug 15 1868| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Falls Village Savings Bank | Seller | Discontinued | 4/16/1971 |
| Relationships | Role | Relationship Start | Relationship End |
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