Overview / Commentary
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.
Health
A
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 16636 |
| Year Established | 1868 |
| Employees | 99 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.64% |
| Return on Equity - YTD | 3.26% |
| Annual Interest Income | $25.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $820.2MM$834.7MM |
| Loans | Q4 2018vs Q4 2017 | $505.8MM$477.5MM |
| Deposits | Q4 2018vs Q4 2017 | $655.9MM$670.2MM |
| Equity Capital | Q4 2018vs Q4 2017 | $161.0MM$160.8MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $4.5MM$4.1MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $3.9MM$2.8MM |
| Real Estate Owned | Q4 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 Bank | 129 Main Street | Torrington, CT 06790 |
| Dibble Street Branch | 235 Dibble Street | Torrington, CT 06790 |
| Burlington Branch | 258 Spielman Highway | Burlington, CT 06013 |
| New Hartford Branch | 518 Main Street | New Hartford, CT 06057 |
| Goshen Branch | 55 Sharon Turnpike | Goshen, CT 06756 |
| North End Branch | 635 Main Street | Torrington, CT 06790 |
| Falls Village Branch | Routes 7 and 126 | Falls Village, CT 06031 |