Jewett City Savings Bank

Jewett City Savings Bank is headquartered in Jewett City and is the 35^th largest bank in the state of Connecticut. It is also the 2,666^th largest bank in the nation. It was established in 1873 and as of March of 2012, it had grown to 66 employees at 5 locations. Jewett City Savings Bank has a 4-star health rating.

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Data for Q1 2012

Institution Statistics Jewett City Savings Bank FDIC Certificate # 18237 BankRate Report View Year Established 1873 Employees 66 Primary Regulator FDIC Assets and Liabilities Assets $241.67 million Loans $153.04 million Deposits $197.43 million Equity Capital $39.07 million Loan Loss Allowance $1.81 million Unbacked Noncurrent Loans $4.41 million Real Estate Owned $320,000 Historic Data - March 2011 Assets $241.18 million Equity Capital $38.13 million Loan Loss Allowance $1.59 million Unbacked Noncurrent Loans $3.86 million Real Estate Owned $1.31 million Profit Margin - Quarterly Net Interest Margin 3.68% Return on Assets 0.29% Return on Equity 1.81% Interest Income $2.61 million

Institution Health Overall Score: 4 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 Jewett City Savings Bank had $4.72 million in non-current loans and owned real-estate with $40.88 million in equity and loan loss allowances on hand to cover it. This gives Jewett City Savings Bank a Texas Ratio of 11.56% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Jewett City Savings Bank held steady from 13.01% as of March 31, 2011 to 11.56% as of March 31, 2012, resulting in a positive change of 11.18%.This indicates that the balance sheet and financial strength for Jewett City Savings Bank has held steady in recent periods. Deposit Growth In the past year, Jewett City Savings Bank has increased its total deposits by $1.07 million, resulting in 0.55% 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 Jewett City Savings Bank has shown is 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. Jewett City Savings Bank has $241.67 million in assets with $40.88 million in equity, resulting in a capitalization level of 16.92%, which is excellent.

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