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

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Collinsville Savings Society.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents