Laurel Road Bank
Overview / Commentary
Laurel Road Bank is headquartered in Darien and is the 22nd largest bank in the state of Connecticut. It is also the 1,185th largest bank in the nation. It was established in 2006 and as of September of 2018, it had grown to 186 employees at 3 locations. Laurel Road Bank has a B health rating.
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Health
B
Data as of Q3 2018
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 | 186 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -1.41% |
| Return on Equity - YTD | -12.72% |
| Annual Interest Income | $20.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $622.8MM$659.3MM |
| Loans | Q3 2018vs Q3 2017 | $422.5MM$498.4MM |
| Deposits | Q3 2018vs Q3 2017 | $515.4MM$534.9MM |
| Equity Capital | Q3 2018vs Q3 2017 | $67.0MM$70.5MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $1.5MM$1.9MM |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $269.00K$4.00K |
| Real Estate Owned | Q3 2018vs Q3 2017 | $292.00K$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 |