Essex Bank
Essex, CT
IDRSSD: 961400
Total Assets
$505.68M
Latest filing
Total Deposits
$423.04M
Latest filing
Net Interest Margin
3.74%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Essex Bank
35 Plains Rd
Essex, CT 06426
Full Service - Brick and Mortar
Updated 11/14/2025Established 08/06/1851FDIC Certificate 11285
Branches (7)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Essex Bank (Main) | 35 Plains Rd | Essex, CT |
| OLD SAYBROOK BRANCH | 155 Main St | Old Saybrook, CT |
| OLD LYME BRANCH | 101 Halls Rd | Old Lyme, CT |
| MAIN STREET BRANCH | 9 Main St | Essex, CT |
| MADISON BRANCH | 99 Durham Rd | Madison, CT |
| CHESTER BRANCH | 203 Middlesex Ave | Chester, CT |
| PLAINS ROAD BRANCH | 35 Plains Rd | Essex, CT |
| TRUST OFFICE | 176 Westbrook Rd | Essex, CT |
Showing 7 of 7
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
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Institution Profile
| Institution Class | State chartered stock savings banks / S&L |
| Primary Regulator | FDIC |
| Established Date | 08/06/1851 |
| Community Bank | Yes |
| Ownership Type | Mutual |
| ZIP | 06426 |
| State and County Number | 09130 |
| Subchapter S Corporations | No |
| Trust Powers | Full Trust Powers Granted |
| Federal Reserve ID Number | 01 |
| Numeric code | 42 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | New York |
| Core Based Statistical Area Name | N/A |
Operational Info
| Number of Employees | 133 |
| Domestic Offices | 8 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 10/01/2025 |
| Date of Deposit Insurance | 10/02/1953 |
| Primary Insurance Agency | DIF |
| Website | www.essex.bank |
| Data Updated | 11/14/2025 |
| CERT | 17262 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $505.68M |
| Total Deposits | $423.04M |
| Total Liabilities | $434.23M |
| Total Equity Capital | $71.45M |
| Net Income | $1.31M |
| Net Loans and Leases | $367.40M |
| Assets Per Employee ($Millions) | $3.92M |
| Bank Premises and Fixed Assets | $11.28M |
| Cash and Balances due from Depository Institutions | $54.06M |
| Deposits Held in Domestic Offices | $423.04M |
Key Performance Ratios
| Return on Assets (ROA) | 1.03% |
| Return on Equity (ROE) | 7.39% |
| Net Interest Margin | 3.74% |
| Efficiency Ratio | 83.7% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.05% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 14.13% |
| Earning Assets to total Assets | 92.08% |
Income and Expense
| Total Interest Income | $5.52M |
| Total Noninterest Income | $6.51M |
| Total Interest Expense | $1.12M |
| Total Noninterest Expense | $9.13M |
| Net Interest Income | $4.40M |
| Pre-tax Net Operating Income | $1.72M |
| Provision for Credit Losses | $60.00k |
| 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 | $2.30M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $8.89M |
| Total Liabilities and Capital | $505.68M |
Securities
| Securities | $50.83M |
| Available-for-sale debt securities | $47.58M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Essex Bank?
$505.68M as of the latest filing.
How much are Essex Bank's total deposits?
$423.04M in total deposits.
Where is Essex Bank located?
Essex, CT.
What is the Net Interest Margin?
3.74%.
How many domestic offices does it operate?
8.
When was it established?
08/06/1851.
What is the Return on Assets (ROA)?
1.03%.
How much are total loans and leases?
$367.40M (latest filing).
What is the total interest income (latest filing)?
$5.52M.