Salisbury Bank is headquartered in Lakeville and is the 11th largest bank in the state of Connecticut. It is also the 701st largest bank in the nation. It was established in 1874 and as of June of 2022, it had grown to 180 employees at 14 locations. Salisbury Bank has an A health rating.
Love this bank! And to the above poster, there are 8 branches: Salisbury CT, Sharon CT, Lakeville CT, Canaan CT, Egremont MA, Sheffield MA, Dover Plains NY, Millerton NY.
I have had about 8 years worth of experience with Salisbury bank, all of which has been positive. Their employees are very helpful and are always extremely nice. They have never bugged me about new promotions or offers as many banks do. The only problem I have with this bank is that there are only 3 branches which can be inconvenient.
Overall | |
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FDIC Certificate # | 18467 |
Year Established | 1874 |
Employees | 180 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.07% |
Return on Equity - YTD | 10.76% |
Annual Interest Income | $22.8MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $1.50B$1.44B |
Loans | Q2 2022vs Q2 2021 | $1.14B$1.03B |
Deposits | Q2 2022vs Q2 2021 | $1.32B$1.25B |
Equity Capital | Q2 2022vs Q2 2021 | $145.3MM$149.2MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $13.7MM$12.7MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $4.2MM$5.4MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.