Torrington Savings Bank


Overview / Commentary
860-496-2152
129 Main Street
Torrington, CT 06790

Torrington Savings Bank is headquartered in Torrington and is the 19th largest bank in the state of Connecticut. It is also the 954th largest bank in the nation. It was established in 1868 and as of December of 2018, it had grown to 99 employees at 9 locations. Torrington Savings Bank has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #16636
Year Established1868
Employees99
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.64%
Return on Equity - YTD3.26%
Annual Interest Income$25.4MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$820.2MM$834.7MM
LoansQ4 2018vs Q4 2017$505.8MM$477.5MM
DepositsQ4 2018vs Q4 2017$655.9MM$670.2MM
Equity CapitalQ4 2018vs Q4 2017$161.0MM$160.8MM
Loan Loss AllowanceQ4 2018vs Q4 2017$4.5MM$4.1MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$3.9MM$2.8MM
Real Estate OwnedQ4 2018vs Q4 2017$80.00K$140.00K
Rates

Rates for Torrington Savings Bank are currently being reviewed.

Locations


Torrington Savings Bank Locations
The Torrington Savings Bank129 Main StreetTorrington, CT 06790
Dibble Street Branch235 Dibble StreetTorrington, CT 06790
Burlington Branch258 Spielman HighwayBurlington, CT 06013
New Hartford Branch518 Main StreetNew Hartford, CT 06057
Goshen Branch55 Sharon TurnpikeGoshen, CT 06756
North End Branch635 Main StreetTorrington, CT 06790
Falls Village BranchRoutes 7 and 126Falls Village, CT 06031

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