Rockville Bank

Rockville Bank is headquartered in Vernon Rockville and is the 7^th largest bank in the state of Connecticut. It is also the 374^th largest bank in the nation. It was established in 1858 and as of March of 2012, it had grown to 280 employees at 22 locations. Rockville Bank's savings rates are 90% higher than the national average, and it boasts a 5-star health rating.

Rockville Bank Checking Account Rates

Rockville Bank Savings Account Rates

Rockville Bank Money Market Rates

Rockville Bank CD Rates

Rockville Bank IRA Rates

Data for Q1 2012

Institution Statistics Rockville Bank FDIC Certificate # 18203 BankRate Report View Year Established 1858 Employees 280 Primary Regulator FDIC Assets and Liabilities Assets $1.85 billion Loans $1.50 billion Deposits $1.46 billion Equity Capital $246.68 million Loan Loss Allowance $16.53 million Unbacked Noncurrent Loans $14.25 million Real Estate Owned $2.75 million Historic Data - March 2011 Assets $1.90 billion Equity Capital $240.16 million Loan Loss Allowance $15.03 million Unbacked Noncurrent Loans $13.03 million Real Estate Owned $716,000 Profit Margin - Quarterly Net Interest Margin 3.83% Return on Assets 0.9% Return on Equity 6.62% Interest Income $18.93 million

Institution Health Overall Score: 5 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 Rockville Bank had $16.99 million in non-current loans and owned real-estate with $263.2 million in equity and loan loss allowances on hand to cover it. This gives Rockville Bank a Texas Ratio of 6.46% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Rockville Bank held steady from 5.39% as of March 31, 2011 to 6.46% as of March 31, 2012, resulting in a negative change of 19.83%. This indicates that the balance sheet and financial strength for Rockville Bank has held steady in recent periods. Deposit Growth In the past year, Rockville Bank has increased its total deposits by $116 million, resulting in 8.66% 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 Rockville Bank has shown is excellent. 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. Rockville Bank has $1.85 billion in assets with $263.2 million in equity, resulting in a capitalization level of 14.20%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.