Overview / Commentary
Laurel Road Bank is headquartered in Darien and is the 24th largest bank in the state of Connecticut. It is also the 1,513th largest bank in the nation. It was established in 2006 and as of March of 2019, it had grown to 185 employees at 3 locations. Laurel Road Bank has a B health rating.
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Health
B
Data as of Q1 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Laurel Road Bank has a negative return on equity.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 58257 |
| Year Established | 2006 |
| Employees | 185 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -1.87% |
| Return on Equity - YTD | -16.48% |
| Annual Interest Income | $5.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $473.7MM$679.1MM |
| Loans | Q1 2019vs Q1 2018 | $235.8MM$508.1MM |
| Deposits | Q1 2019vs Q1 2018 | $409.2MM$540.7MM |
| Equity Capital | Q1 2019vs Q1 2018 | $58.9MM$74.3MM |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $2.3MM$2.0MM |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $1.0MM$423.00K |
| Real Estate Owned | Q1 2019vs Q1 2018 | $296.00K$0 |
Rates
Sorry, we do not have rate data for Laurel Road Bank.
Locations
| Laurel Road Bank Locations | ||
|---|---|---|
| Darien Rowayton Bank | 1001 Post Rd | Darien, CT 06820 |
| Rowayton Branch | 138 Rowayton Avenue | Norwalk, CT 06853 |
| The Southport Branch | 3695 Post Rd | Southport, CT 06890 |