Fairfield County Bank

Fairfield County Bank is headquartered in Ridgefield and is the 9^th largest bank in the state of Connecticut. It is also the 452^nd largest bank in the nation. It was established in 1871 and as of March of 2012, it had grown to 284 employees at 22 locations. Fairfield County Bank has a 3-star health rating.

Fairfield County Bank Checking Account Rates

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Fairfield County Bank CD Rates

Data for Q1 2012

Institution Statistics Fairfield County Bank FDIC Certificate # 18213 BankRate Report View Year Established 1871 Employees 284 Primary Regulator FDIC Assets and Liabilities Assets $1.47 billion Loans $1.17 billion Deposits $1.20 billion Equity Capital $156.59 million Loan Loss Allowance $18.68 million Unbacked Noncurrent Loans $48.53 million Real Estate Owned $5.63 million Historic Data - March 2011 Assets $1.53 billion Equity Capital $150.70 million Loan Loss Allowance $16.35 million Unbacked Noncurrent Loans $42.23 million Real Estate Owned $8.91 million Profit Margin - Quarterly Net Interest Margin 4.21% Return on Assets 0.72% Return on Equity 6.79% Interest Income $15.64 million

Institution Health Overall Score: 3 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Fairfield County Bank had $54.16 million in non-current loans and owned real-estate with $175.27 million in equity and loan loss allowances on hand to cover it. This gives Fairfield County Bank a Texas Ratio of 30.90% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Fairfield County Bank held steady from 30.13% as of March 31, 2011 to 30.90% as of March 31, 2012, resulting in a negative change of 2.55%. This indicates that the balance sheet and financial strength for Fairfield County Bank has held steady in recent periods. Deposit Growth In the past year, Fairfield County Bank has decreased its total deposits by -$55.56 million, resulting in -4.42% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Fairfield County Bank has shown is below average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Fairfield County Bank has $1.47 billion in assets with $175.27 million in equity, resulting in a capitalization level of 11.91%, which is above average.

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