Collinsville Bank

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Collinsville Bank Locations

Deposit Rates - April 20, 2021

Overview 2021

General Bank Information

FDIC Insured Yes
FDIC Certificate # 18223
Date Established 1853
Assets $ 185.69 million
Loans $ 145.86 million
Deposits $ 175.12 million
Capital $ 15.74 million

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $ 22.11 million
Interest-bearing balances $ 19.55 million
Total securities $ 14.18 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 145.86 million
Loan loss allowance $ 1.46 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 5.10 million
     Total Assets $ 176.37 million

LIABILITIES
Total deposits $ 175.12 million
      Interest-bearing deposits $ 128.66 million
      Deposits held in domestic offices $ 175.12 million
      % insured (estimated) 81.38%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 1.25 millionn
      Total Liabilities $ 176.37 million
      Shareholders’ Equity $ 9.32 million

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $ 6.66 million
Total Interest Expense $ 1.12 million
Net interest income $ 5.54 million
Provision for loan and lease losses $ 0.17 million
Total non interest income $ 0.91 million
Total non interest expense $ 6.47 million
Pre-tax Net Operating Income N.A.

Collinsville Bank is an FDIC insured institution headquartered at 136 Main Street, Canton, CT 6019.
It was founded in 1853 and has approximately $0 billion in assets. Customers can open an account at one of its 2 branches.