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 1,183rd largest bank in the nation. It was established in 2006 and as of June of 2018, it had grown to 201 employees at 3 locations. Laurel Road Bank has an A health rating.
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Health
A
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 58257 |
| Year Established | 2006 |
| Employees | 201 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -1% |
| Return on Equity - YTD | -8.95% |
| Annual Interest Income | $13.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $616.9MM$549.0MM |
| Loans | Q2 2018vs Q2 2017 | $444.1MM$381.4MM |
| Deposits | Q2 2018vs Q2 2017 | $515.1MM$488.4MM |
| Equity Capital | Q2 2018vs Q2 2017 | $71.1MM$54.7MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $2.2MM$2.0MM |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $313.00K$803.00K |
| Real Estate Owned | Q2 2018vs Q2 2017 | $360.00K$0 |
Rates
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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 |