The Greenwich Bank & Trust Company in Greenwich, Connecticut (CT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 01, 2003

  • The Greenwich Bank & Trust Company in Greenwich, Connecticut (CT)
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The Greenwich Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 34650
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Connecticut Community Bank, National Association (#34876)
    Federal Reserve ID: 2611709
    Date Established: Febuary 06, 1998
    WWW: http://www.greenwichbankandtrust.com
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 61027
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 06, 1998
    Last Structure Change Effective Date: December 01, 2003
    Last Structure Change Process Date: January 14, 2004
    Last Data Update: January 14, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 115 East Putnam Avenue, Greenwich, CT 6830
    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): Stamford-Norwalk, CT (#8040)
    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: $99.9 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, 2002)

  • Dollar figures in thousands
  • 24Total employees (full-time equivalent)
  • $76,299Total assets
  • $2,311Cash and due from depository institutions
  • $20Interest-bearing balances
  • $4,201Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $66,243Net loans & leases
  • $762Loan loss allowance
  • $0Trading account assets
  • $612Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,932All other assets
  • $76,299Total liabilities and capital
  • $67,526Total liabilities
  • $65,146Total deposits
  • $51,354Interest-bearing deposits
  • $65,146Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $2,000Other borrowed funds
  • $0Subordinated debt
  • $380All other liabilities
  • $8,773Total equity capital
  • $8,773Total bank equity capital
  • $8,773Perpetual preferred stock
  • $0Common stock
  • $1,119Surplus
  • $10,044Undivided profits
  • Memoranda
  • $-2,390Noncurrent loans and leases
  • $21,196Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $34Earning assets
  • $0Long-term assets (5+ years)
  • $337Average Assets, year-to-date
  • $70,464Average Assets, quarterly
  • $5,073Volatile liabilities
  • $71,978Insider loans
  • $72,840FHLB advances
  • $6,405Loans and leases held for sale
  • $400Unused loan commitments
  • $2,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $21,196Total unused commitments
  • $0Restructured Loans and leases
  • $762Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $4,114Total interest income
  • $1,032Total interest expense
  • $3,082Net interest income
  • $274Provision for loan and lease losses
  • $253Total noninterest income
  • $0Fiduciary activities
  • $214Service charges on deposit accounts
  • $0Trading account gains & fees
  • $39Additional noninterest income
  • $2,922Total noninterest expense
  • $1,480Salaries and employee benefits
  • $732Premises and equipment expense
  • $710Additional noninterest expense
  • $139Pre-tax net operating income
  • $60Securities gains (losses)
  • -$1,315Applicable income taxes
  • $1,514Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,514Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $52Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.15%Yield on earning assets
  • 1.54%Cost of funding earning assets
  • 4.61%Net interest margin
  • 0.38%Noninterest income to earning assets
  • 4.37%Noninterest expense to earning assets
  • 2.02%Net operating income to assets
  • 2.10%Return on assets (ROA)
  • 0.28%Pretax return on assets
  • 19.97%Return on equity (ROE)
  • 19.97%Retained earnings to average equity (YTD only)
  • 0.09%Net charge-offs to loans
  • 526.92%Credit loss provision to net charge-offs
  • 7.94%Efficiency ratio
  • 87,616Assets per employee
  • 3.18%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.14%Loss allowance to noncurrent loans
  • 2241.18%Noncurrent assets plus other real estate owned to assets
  • 0.04%Noncurrent loans to loans
  • 0.05%Net loans and leases to deposits
  • 101.68%Net loans and leases to core deposits
  • 110.88%Equity capital to assets
  • 11.50%Core capital (leverage) ratio
  • 10.30%Tier 1 risk-based capital ratio
  • 11.29%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $71,978Average earning assets
  • $7,582Average equity
  • $66,844Average loans

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