The Simsbury Bank & Trust Company is an FDIC insured institution headquartered at
981 Hopmeadow Street, Simsbury, CT 06070.
It was founded in
0000 and has approximately $0 billion in
assets. Customers can open an account at one of its 6 branches.
Flexible terms, redraw up to 100%, borrow $15k-$400k
Approval in 5 minutes. Funding in as few as 5 days
Use to consolidate debt or finance your next home project
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for
taxes and insurance premiums. Click here for more information on rates and product details.
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for
taxes and insurance premiums. Click here for more information on rates and product details.
Overview 2023
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 33999
Date Established
0000
Assets
$ 480.91 million
Loans
$ 366.61 million
Deposits
$ 475.30 million
Capital
$ 43.46 million
Summary Balance Sheet as of December 31, 2022
ASSETS
Cash & Balances due from depository institutions
$ 116.04 million
Interest-bearing balances
$ 102.47 million
Total securities
$ 26.25 million
Federal funds sold and reverse repurchase
N.A.
Net loans and leases
$ 366.61 million
Loan loss allowance
$ 3.95 million
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
N.A.
Goodwill and other intangibles
$ 2.83 million
All other assets
$ 18.87 million
Total Assets
$ 488.42 million
LIABILITIES
Total deposits
$ 475.30 million
Interest-bearing deposits
$ 329.39 million
Deposits held in domestic offices
$ 475.30 million
% insured (estimated)
64.85%
Federal funds purchased and repurchase agreements
$ 1.61 million
Trading liabilities
N.A.
Other borrowed funds
$ 3.82 million
Subordinated debt
N.A.
All other liabilities
$ 7.69 millionn
Total Liabilities
$ 488.42 million
Shareholders’ Equity
N.A.
Summary Income Statement as of December 31, 2022
INCOME AND EXPENSES
Total Interest Income
$ 14.02 million
Total Interest Expense
$ 1.62 million
Net interest income
$ 12.39 million
Provision for loan and lease losses
$ 0.29 million
Total non interest income
$ 2.02 million
Total non interest expense
$ 10.43 million
Pre-tax Net Operating Income
$ 3.70 million
Customer Reviews for The Simsbury Bank & Trust Company
There are currently no comments for The Simsbury Bank & Trust Company. Be the first to share your experience. Please provide comments that will help others.
There are currently no comments for The Simsbury Bank & Trust Company. Be the first to share your experience. Please provide comments that will help others.