Chelsea Groton Bank

Groton, CT
IDRSSD: 345309
Total Assets
$1.76B
Latest filing
Total Deposits
$1.21B
Latest filing
Net Interest Margin
3.61%
Profitability

Locations

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Main Office
Chelsea Groton Bank
904 Poquonnock Rd
Groton, CT 06340
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1854FDIC Certificate 12154

Branches (13)

Page 1 of 2
NameAddressCity / State
Chelsea Groton Bank (Main)904 Poquonnock RdGroton, CT
MYSTIC BRANCH2 Water StMystic, CT
PAWCATUCK BRANCH116 W Broad StPawcatuck, CT
CENTER GROTON BRANCH904 Poquonnock RdGroton, CT
NORTH STONINGTON BRANCH391 Norwich Westerly RdNorth Stonington, CT
SALEM BRANCH20 Hartford RdSalem, CT
WEST MAIN STREET BRANCH444 W Main StNorwich, CT
NIANTIC BRANCH21 Pennsylvania AveNiantic, CT
Showing 7 of 13

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassState chartered stock savings banks / S&L
Primary RegulatorFDIC
Established Date01/01/1854
Community BankYes
Ownership TypeMutual
ZIP06340
State and County Number09180
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number01
Numeric code42
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictNew York
Core Based Statistical Area NameN/A

Operational Info

Number of Employees220
Domestic Offices14
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date11/17/2024
Date of Deposit Insurance07/01/1960
Primary Insurance AgencyDIF
Websitewww.chelseagroton.com
Data Updated11/14/2025
CERT18238
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.76B
Total Deposits$1.21B
Total Liabilities$1.50B
Total Equity Capital$265.12M
Net Income$8.48M
Net Loans and Leases$1.29B
Assets Per Employee ($Millions)$8.78M
Bank Premises and Fixed Assets$31.77M
Cash and Balances due from Depository Institutions$45.60M
Deposits Held in Domestic Offices$1.21B

Key Performance Ratios

Return on Assets (ROA)1.94%
Return on Equity (ROE)13.05%
Net Interest Margin3.61%
Efficiency Ratio62.23%
Tier 1 Risk-Based Capital Ratio20.853%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.06%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets15.023%
Earning Assets to total Assets92.13%

Income and Expense

Total Interest Income$18.78M
Total Noninterest Income$2.57M
Total Interest Expense$4.30M
Total Noninterest Expense$10.61M
Net Interest Income$14.48M
Pre-tax Net Operating Income$6.13M
Provision for Credit Losses$249.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$255.07M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$30.86M
Total Liabilities and Capital$1.76B

Securities

Securities$314.95M
Available-for-sale debt securities$266.65M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$2.31M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Chelsea Groton Bank?
$1.76B as of the latest filing.
How much are Chelsea Groton Bank's total deposits?
$1.21B in total deposits.
Where is Chelsea Groton Bank located?
Groton, CT.
What is the Net Interest Margin?
3.61%.
How many domestic offices does it operate?
14.
When was it established?
01/01/1854.
What is the Return on Assets (ROA)?
1.94%.
How much are total loans and leases?
$1.29B (latest filing).
What is the total interest income (latest filing)?
$18.78M.