Collinsville Savings Society in Canton, Connecticut (CT)
Overview, Financial Summary, Detailed Financial Reports, Branches


Collinsville Savings Society - Overview

  • General
  • FDIC Certificate #: 18223
    Status: Active
    Federal Reserve ID: 890603
    Bank Holding Company (Regulatory Top Holder): Connecticut Mutual Holding Company (RSSDID: 2937100, Location: Winsted, CT)
    Date Established: August 08, 1853
    WWW: http://www.collinsvillesavings.com
    Trust Powers Granted: Yes
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 8573
    FDIC's unique #: 12141
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: July 01, 1960
    Last Structure Change Effective Date: September 29, 2006
    Last Structure Change Process Date: September 29, 2006
    Last Data Update: September 29, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 136 Main Street, Canton, CT 6019
    County: Hartford
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Hartford
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Hartford, CT (#3280)
    Combined Statistical Area (CSA): Hartford-West Hartford-Willimantic, CT (#278)
    Core Based Statistical Area (CBSA): Hartford-West Hartford-East Hartford, CT (#25540)
    CBSA Metro Statistical Area: Hartford-West Hartford-East Hartford, CT (#25540)
  • Financial Summary
  • Total assets: $151.7 mil
    Equity capital: $13.6 mil
    Deposits held in domestic offices: $106.6 mil
    Return on assets (ROA): -0.06% (-$0.1 mil)
    Quarterly return on assets: 0.08% ($0.1 mil)
    Return on Equity (ROE): -0.64% (-$0.1 mil)
    Quarterly return on equity: 0.94% ($0.1 mil)
    Net income: -$0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: -0.09% (-$136.5 mil)
    Quarterly Pretax return on assets: 0.14% ($212.4 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 26Total employees (full-time equivalent)
  • $151,687Total assets
  • $7,258Cash and due from depository institutions
  • $5,332Interest-bearing balances
  • $33,143Securities
  • $119Federal funds sold & reverse repurchase agreements
  • $101,813Net loans & leases
  • $1,201Loan loss allowance
  • $0Trading account assets
  • $3,666Bank premises and fixed assets
  • $0Other real estate owned
  • $1,690Goodwill and other intangibles
  • $151,687Life insurance assets
  • $3,998All other assets
  • $138,079Total liabilities and capital
  • $106,626Total liabilities
  • $91,839Total deposits
  • $106,626Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $30,433Trading liabilities
  • $0Other borrowed funds
  • $1,020Subordinated debt
  • $13,608All other liabilities
  • $13,608Total equity capital
  • $13,608Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $13,071Surplus
  • $537Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,506Income earned, not collected on loans
  • $0Earning assets
  • $449Long-term assets (5+ years)
  • $140,407Average Assets, year-to-date
  • $69,051Average Assets, quarterly
  • $154,803Volatile liabilities
  • $151,378Insider loans
  • $97,262FHLB advances
  • $149,056Loans and leases held for sale
  • $256Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $11,421Tier 2 risk-based capital
  • $256Total risk weighted assets
  • $0Total unused commitments
  • $12,685Restructured Loans and leases
  • $17Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,064Total interest income
  • $1,768Total interest expense
  • $4,296Net interest income
  • $707Provision for loan and lease losses
  • $427Total noninterest income
  • $1Fiduciary activities
  • $194Service charges on deposit accounts
  • $0Trading account gains & fees
  • $232Additional noninterest income
  • $4,294Total noninterest expense
  • $2,183Salaries and employee benefits
  • $446Premises and equipment expense
  • $1,665Additional noninterest expense
  • -$278Pre-tax net operating income
  • $138Securities gains (losses)
  • -$53Applicable income taxes
  • -$87Income before extraordinary items
  • $0Extraordinary gains - net
  • -$87Net income attributable to bank
  • $0Net charge-offs
  • -$87Cash dividends
  • $114Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.24%Yield on earning assets
  • 1.24%Cost of funding earning assets
  • 3.00%Net interest margin
  • 0.30%Noninterest income to earning assets
  • 3.00%Noninterest expense to earning assets
  • -0.11%Net operating income to assets
  • -0.06%Return on assets (ROA)
  • -0.09%Pretax return on assets
  • -0.64%Return on equity (ROE)
  • -0.64%Retained earnings to average equity (YTD only)
  • 0.11%Net charge-offs to loans
  • 620.18%Credit loss provision to net charge-offs
  • 3.76%Efficiency ratio
  • 88,164Assets per employee
  • 5.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.17%Loss allowance to noncurrent loans
  • 18.46%Noncurrent assets plus other real estate owned to assets
  • 4.29%Noncurrent loans to loans
  • 6.32%Net loans and leases to deposits
  • 95.49%Net loans and leases to core deposits
  • 98.00%Equity capital to assets
  • 8.97%Core capital (leverage) ratio
  • 7.66%Tier 1 risk-based capital ratio
  • 11.74%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $154,803Average earning assets
  • $13,642Average equity
  • $143,093Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $242Managed Assets
  • 1Number of Accounts
  • $22Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $22Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 11Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $220Other retirement accounts
  • $71Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $149Fiduciary accounts held in foreign offices

List of branches

  • 2 Connecticut Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012141Collinsville Savings Society136 Main Street, Canton, CT 6019August 08, 1853Full Service Brick and Mortar
    2244374Canton Branch277 Albany Turnpike, Collinsville, CT 6019September 27, 1999Full Service Brick and Mortar

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