The Simsbury Bank & Trust Company


The Simsbury Bank & Trust Company is an FDIC insured institution headquartered at 981 Hopmeadow Street, Simsbury, CT 06070.
It was founded in 1995 and has approximately $0 billion in assets. Customers can open an account at one of its 6 branches.

Deposit Rates - April 26, 2024

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 33999
Date Established 1995
Assets $ 480.91 million
Loans $ 366.61 million
Deposits $ 475.30 million
Capital $ 43.46 million

Summary Balance Sheet as of June 30, 2023

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 June 30, 2023

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

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Branches

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The Simsbury Bank & Trust Company Locations