Thomaston Savings Bank


Overview / Commentary
860-283-1874
203 Main Street
Thomaston, CT 06787

Thomaston Savings Bank is headquartered in THOMASTON and is the 7th largest bank in the state of Connecticut. It is also the 637th largest bank in the nation. It was established in 1874 and as of March of 2025, it had grown to 242 employees at 16 locations. Thomaston Savings Bank has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #18258
Year Established1874
Employees242
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.61%
Return on Equity - YTD7.86%
Annual Interest Income$20.2MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$1.84B$1.8B
LoansQ1 2025vs Q1 2024$1.31B$1.25B
DepositsQ1 2025vs Q1 2024$1.61B$1.58B
Equity CapitalQ1 2025vs Q1 2024$145.5MM$126.2MM
Loan Loss AllowanceQ1 2025vs Q1 2024$12.4MM$11.8MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$6.7MM$6.8MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

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Locations

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