Savings Bank of Danbury in Danbury, Connecticut (CT)

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Savings Bank of Danbury routing number info

Table of contents:
Savings Bank of Danbury
GeneralFDIC Certificate #: 15912
Status: Active
Federal Reserve ID: 626101
Date Established: June 26, 1849
Trust Powers Granted: No
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 13 (Domestic: 13, Interstate: No)
OTS Docket #: 12443
FDIC's unique #: 10144
Numeric code: 42
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: September 25, 1942
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 220 Main Street, Danbury, CT 6810
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)
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $762.3 mil
Equity capital: $73.2 mil
Deposits held in domestic offices: $611.3 mil
Return on assets (ROA): 0.20% ($1.5 mil)
Quarterly return on assets: 0.21% ($1.6 mil)
Return on Equity (ROE): 2.06% ($1.5 mil)
Quarterly return on equity: 2.22% ($1.6 mil)
Net income: $1.5 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 0.30% ($2,287.0 mil)
Quarterly Pretax return on assets: 0.33% ($2,515.7 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)
Total employees (full-time equivalent)164
Total assets$762,338
Cash and due from depository institutions$47,856
Interest-bearing balances$41,324
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$584,054
Loan loss allowance $6,378
Trading account assets$0
Bank premises and fixed assets$11,124
Other real estate owned$5,169
Goodwill and other intangibles$3,863
All other assets$19,853
Life insurance assets$762,338
Total liabilities and capital$689,114
Total liabilities$611,278
Total deposits$580,934
Interest-bearing deposits$611,278
Deposits held in domestic offices$95
% insured (estimated)6000.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$57,991
Other borrowed funds $0
Subordinated debt $13,845
All other liabilities $73,224
Total equity capital$73,224
Total bank equity capital$73,224
Perpetual preferred stock$0
Common stock$0
Undivided profits $63,224
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $8,843
Income earned, not collected on loans $27,724
Earning assets $1,372
Long-term assets (5+ years) $2,424
Average Assets, year-to-date $715,797
Average Assets, quarterly $396,717
Volatile liabilities $764,906
Insider loans $764,868
FHLB advances $503,242
Loans and leases held for sale $765,841
Unused loan commitments $2,540
Tier 1 (core) risk-based capital $2,540
Tier 2 risk-based capital $73,843
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $125,114
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $32,954
Total interest expense $9,665
Net interest income $23,289
Provision for loan and lease losses $3,092
Total noninterest income $4,785
Fiduciary activities $0
Service charges on deposit accounts $907
Trading account gains & fees $0
Additional noninterest income $3,878
Total noninterest expense $22,690
Salaries and employee benefits $13,195
Premises and equipment expense $2,801
Additional noninterest expense $6,694
Pre-tax net operating income $2,292
Securities gains (losses) $0
Applicable income taxes $778
Income before extraordinary items $1,514
Extraordinary gains - net $0
Net income attributable to bank $1,514
Net charge-offs $0
Cash dividends $1,514
Sale, conversion, retirement of capital stock, net $3,071
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.58%
Cost of funding earning assets 1.34%
Net interest margin 3.24%
Noninterest income to earning assets 0.66%
Noninterest expense to earning assets 3.15%
Net operating income to assets 0.20%
Return on assets (ROA) 0.20%
Pretax return on assets 0.30%
Return on equity (ROE) 2.06%
Retained earnings to average equity (YTD only) 2.06%
Net charge-offs to loans 0.51%
Credit loss provision to net charge-offs 100.68%
Efficiency ratio1.75%
Assets per employee$80,822
Cash dividends to net income (YTD only)4.65%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.08%
Noncurrent assets plus other real estate owned to assets 23.01%
Noncurrent loans to loans 4.31%
Net loans and leases to deposits4.70%
Net loans and leases to core deposits 95.55%
Equity capital to assets 100.86%
Core capital (leverage) ratio 9.61%
Tier 1 risk-based capital ratio 9.64%
Total risk-based capital ratio 14.67%
Average assets$16
Average earning assets$764,906
Average equity $73,623
Average loans $719,858
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13 Connecticut Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
010144Savings Bank Of Danbury220 Main Street, Danbury, CT 6810June 26, 1849Full Service Brick and Mortar
1235811Hayestown Branch12 Hayestown Avenue, Danbury, CT 6810March 30, 1973Full Service Brick and Mortar
2235812New Milford Branch5 Kent Road, New Milford, CT 6776October 25, 1995Full Service Brick and Mortar
3243256Bethel BranchGrassy Plain Street, Bethel, CT 6801August 17, 1981Full Service Brick and Mortar
4243258Caldor Shopping Center Branch154 Federal Road, Brookfield, CT 6804November 22, 1985Full Service Brick and Mortar
5235813West Street Branch35 West Street, Danbury, CT 6810December 20, 1999Full Service Brick and Mortar
6362622New Fairfield Branch100 Route 37, New Fairfield, CT 6812November 13, 2001Full Service Brick and Mortar
7362762Newtown Branch20 Church Hill Road, Newtown, CT 6470November 26, 2001Full Service Brick and Mortar
8440534Waterbury Branch650 Wolcott Street, Waterbury, CT 6706March 01, 2005Full Service Brick and Mortar
9440864Bank Street Waterbury Branch357 Bank Street, Waterbury, CT 6708June 01, 2005Full Service Brick and Mortar
10446302Plumtrees Plaza Branch59 Newtown Road, Danbury, CT 6810November 01, 2005Full Service Brick and Mortar
11452535Mill Plain Road Branch90 Mill Plain Road, Danbury, CT 6811June 21, 2006Full Service Brick and Mortar
12517245Southbury Branch325 Main Street, Southbury, CT 6488January 24, 2011Full Service Brick and Mortar
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