Salisbury Bank is headquartered in LAKEVILLE and is the 10th largest bank in the state of Connecticut. It is also the 697th largest bank in the nation. It was established in 1874 and as of March of 2023, it had grown to 168 employees at 14 locations. Salisbury Bank has a B+ 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 | 168 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.93% |
Return on Equity - YTD | 9.73% |
Annual Interest Income | $14.9MM |
Assets and Liabilities | ||
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Assets | Q1 2023vs Q1 2022 | $1.57B$1.46B |
Loans | Q1 2023vs Q1 2022 | $1.23B$1.07B |
Deposits | Q1 2023vs Q1 2022 | $1.30B$1.30B |
Equity Capital | Q1 2023vs Q1 2022 | $150.8MM$147.9MM |
Loan Loss Allowance | Q1 2023vs Q1 2022 | $16.0MM$12.9MM |
Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $2.2MM$2.8MM |
Real Estate Owned | Q1 2023vs Q1 2022 | $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.