Fairfield County Bank in Ridgefield, Connecticut (CT)
Overview, Financial Summary, Detailed Financial Reports, Branches


Fairfield County Bank - Overview

  • General
  • FDIC Certificate #: 18213
    Status: Active
    Federal Reserve ID: 882701
    Date Established: May 14, 1871
    WWW: http://www.fairfieldcountybank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 22 (Domestic: 22, Interstate: No)
    OTS Docket #: 6745
    FDIC's unique #: 12133
    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: July 01, 2011
    Last Structure Change Process Date: January 12, 2012
    Last Data Update: January 12, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 150 Danbury Road, Ridgefield, CT 6877
    County: Fairfield
    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): Danbury, CT (#1930)
    Consolidated Metropolitan Statistical Area (CMSA): New York-Northern New Jersey-Long Island, NY-NJ-CT-PA (#70)
    Combined Statistical Area (CSA): New York-Newark-Bridgeport, NY-NJ-CT-PA (#408)
    Core Based Statistical Area (CBSA): Bridgeport-Stamford-Norwalk, CT (#14860)
    CBSA Metro Statistical Area: Bridgeport-Stamford-Norwalk, CT (#14860)
  • Financial Summary
  • Total assets: $1,441.4 mil
    Equity capital: $153.9 mil
    Deposits held in domestic offices: $1,172.5 mil
    Return on assets (ROA): 0.53% ($7.6 mil)
    Quarterly return on assets: 0.13% ($1.9 mil)
    Return on Equity (ROE): 5.20% ($8.0 mil)
    Quarterly return on equity: 1.24% ($1.9 mil)
    Net income: $7.9 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 0.76% ($10,954.4 mil)
    Quarterly Pretax return on assets: 0.18% ($2,594.5 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
  • 285Total employees (full-time equivalent)
  • $1,441,363Total assets
  • $47,029Cash and due from depository institutions
  • $24,188Interest-bearing balances
  • $57,051Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,207,804Net loans & leases
  • $18,649Loan loss allowance
  • $0Trading account assets
  • $34,585Bank premises and fixed assets
  • $1,884Other real estate owned
  • $9,525Goodwill and other intangibles
  • $1,441,363Life insurance assets
  • $83,485All other assets
  • $1,287,436Total liabilities and capital
  • $1,172,509Total liabilities
  • $965,213Total deposits
  • $1,172,509Interest-bearing deposits
  • $78Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $92,745Trading liabilities
  • $0Other borrowed funds
  • $22,182Subordinated debt
  • $153,927All other liabilities
  • $153,927Total equity capital
  • $153,927Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $7,956Surplus
  • $145,971Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $29,214Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $51,129Income earned, not collected on loans
  • $1,439Earning assets
  • $4,079Long-term assets (5+ years)
  • $1,289,043Average Assets, year-to-date
  • $284,435Average Assets, quarterly
  • $1,505,428Volatile liabilities
  • $1,460,177Insider loans
  • $1,209,043FHLB advances
  • $1,455,772Loans and leases held for sale
  • $35,320Unused loan commitments
  • $1,422Tier 1 (core) risk-based capital
  • $143,798Tier 2 risk-based capital
  • $33,898Total risk weighted assets
  • $0Total unused commitments
  • $288,119Restructured Loans and leases
  • $10,862Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $68,116Total interest income
  • $10,925Total interest expense
  • $57,191Net interest income
  • $8,300Provision for loan and lease losses
  • $18,796Total noninterest income
  • $0Fiduciary activities
  • $2,897Service charges on deposit accounts
  • $0Trading account gains & fees
  • $15,899Additional noninterest income
  • $56,656Total noninterest expense
  • $30,663Salaries and employee benefits
  • $9,535Premises and equipment expense
  • $16,458Additional noninterest expense
  • $11,031Pre-tax net operating income
  • $464Securities gains (losses)
  • $3,584Applicable income taxes
  • $7,911Income before extraordinary items
  • $0Extraordinary gains - net
  • $7,911Net income attributable to bank
  • $0Net charge-offs
  • $7,911Cash dividends
  • $5,782Sale, conversion, retirement of capital stock, net
  • $379Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.06%Yield on earning assets
  • 0.81%Cost of funding earning assets
  • 4.25%Net interest margin
  • 1.40%Noninterest income to earning assets
  • 4.21%Noninterest expense to earning assets
  • 0.50%Net operating income to assets
  • 0.53%Return on assets (ROA)
  • 0.76%Pretax return on assets
  • 5.20%Return on equity (ROE)
  • 4.95%Retained earnings to average equity (YTD only)
  • 0.46%Net charge-offs to loans
  • 143.55%Credit loss provision to net charge-offs
  • 3.34%Efficiency ratio
  • 74,253Assets per employee
  • 5.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 4.79%Loss allowance to loans
  • 1.52%Loss allowance to noncurrent loans
  • 36.47%Noncurrent assets plus other real estate owned to assets
  • 3.77%Noncurrent loans to loans
  • 4.17%Net loans and leases to deposits
  • 103.01%Net loans and leases to core deposits
  • 110.26%Equity capital to assets
  • 10.68%Core capital (leverage) ratio
  • 9.88%Tier 1 risk-based capital ratio
  • 11.89%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $1,505,428Average earning assets
  • $152,269Average equity
  • $1,346,088Average loans

List of branches

  • 22 Connecticut Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012133Fairfield County Bank150 Danbury Road, Ridgefield, CT 6877May 14, 1871Full Service Brick and Mortar
    4244330Main Street & Governor Street374 Main St., Ridgefield, CT 6877May 13, 1991Full Service Brick and Mortar
    5244331Georgetown Branch941 Danbury Road, Wilton, CT 6897March 18, 1991Full Service Brick and Mortar
    7244332Anocnas Market Branch720 Branchville Road, Ridgefield, CT 6877May 28, 1998Full Service Retail
    8244333Wilton Branch190 Old Ridgefield Road, Wilton, CT 6897Febuary 15, 1998Full Service Brick and Mortar
    11419775Meadow Ridge Branch100 Redding Road, Redding, CT 6896July 15, 2002Limited Service Retail
    1212121Wall St. Branch67 Wall Street, Norwalk, CT 6852January 01, 1874Full Service Brick and Mortar
    13244262Cranbury Branch26 Chestnut Hill Road, Norwalk, CT 6851June 27, 1974Full Service Brick and Mortar
    14244263Rowayton BranchRowayton Avenue And Mckinley Street, Norwalk, CT 6853October 24, 1974Full Service Brick and Mortar
    16244265Broad River Branch121 New Canaan Avenue, Norwalk, CT 6850November 30, 1981Full Service Brick and Mortar
    1961822Westport Branch180 Post Road East, Westport, CT 6880October 01, 1998Full Service Brick and Mortar
    21423077Fairfield Branch1312 Post Road, Fairfield, CT 6824July 15, 2003Full Service Brick and Mortar
    22449896Tunxis Hill Branch255 Tunxis Hill Road, Fairfield, CT 6825November 29, 2005Full Service Brick and Mortar
    24462791Weston Branch190 Weston Road, Weston, CT 6883May 04, 2007Full Service Brick and Mortar
    25463073Trumbull Branch915 White Plains Road, Trumbull, CT 6611May 09, 2007Full Service Brick and Mortar
    26465265Danbury Federal Road Branch114 Federal Road, Danbury, CT 6810July 10, 2007Full Service Brick and Mortar
    27467518714 Post Road Darien Branch714 Post Road, Darien, CT 6820August 23, 2007Full Service Brick and Mortar
    28469211Bridgeport Branch1089 Madison Avenue, Bridgeport, CT 6606November 09, 2007Full Service Brick and Mortar
    29481907Main Avenue Norwalk Branch761 Main Avenue, Norwalk, CT 6851October 27, 2008Full Service Brick and Mortar
    30489399Stamford Branch850 East Main Street, Stamford, CT 6920March 09, 2009Full Service Brick and Mortar
    31491873Partridge Hill Branch215 Post Road West, Westport, CT 6880June 22, 2009Full Service Brick and Mortar
    32500510Compo Road Westport Branch20 Compo Road South, Westport, CT 6880January 11, 2010Full Service Brick and Mortar

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