The Torrington Savings Bank

The Torrington Savings Bank is headquartered in Torrington and is the 15^st largest bank in the state of Connecticut. It is also the 825^th largest bank in the nation. It was established in 1868 and as of March of 2012, it had grown to 81 employees at 8 locations. The Torrington Savings Bank has a 5-star health rating.

The Torrington Savings Bank Checking Account Rates

The Torrington Savings Bank Savings Account Rates

The Torrington Savings Bank Money Market Rates

The Torrington Savings Bank CD Rates

The Torrington Savings Bank IRA Rates

Data for Q1 2012

Institution Statistics The Torrington Savings Bank FDIC Certificate # 16636 BankRate Report View Year Established 1868 Employees 81 Primary Regulator FDIC Assets and Liabilities Assets $796.96 million Loans $368.50 million Deposits $655.56 million Equity Capital $134.47 million Loan Loss Allowance $3.24 million Unbacked Noncurrent Loans $3.71 million Real Estate Owned $110,000 Historic Data - March 2011 Assets $786.58 million Equity Capital $128.96 million Loan Loss Allowance $3.41 million Unbacked Noncurrent Loans $2.95 million Profit Margin - Quarterly Net Interest Margin 2.06% Return on Assets 0.54% Return on Equity 3.21% Interest Income $5.55 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 The Torrington Savings Bank had $3.82 million in non-current loans and owned real-estate with $137.71 million in equity and loan loss allowances on hand to cover it. This gives The Torrington Savings Bank a Texas Ratio of 2.77% 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 The Torrington Savings Bank held steady from 2.23% as of March 31, 2011 to 2.77% as of March 31, 2012, resulting in a negative change of 24.39%. This indicates that the balance sheet and financial strength for The Torrington Savings Bank has held steady in recent periods. Deposit Growth In the past year, The Torrington Savings Bank has increased its total deposits by $2.96 million, resulting in 0.45% 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 The Torrington 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. The Torrington Savings Bank has $796.96 million in assets with $137.71 million in equity, resulting in a capitalization level of 17.28%, which is excellent.

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