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The Torrington Savings Bank

Torrington, CT
IDRSSD: 65205
Total Assets
$980.97M
Latest filing
Total Deposits
$777.55M
Latest filing
Net Interest Margin
3.04%
Profitability
0

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 ClassState chartered stock savings banks / S&L
Primary RegulatorFDIC
Established Date08/15/1868
Community BankYes
Ownership TypeMutual
ZIP06790
State and County Number09160
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
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 Employees130
Domestic Offices10
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date11/17/2024
Date of Deposit Insurance10/22/1947
Primary Insurance AgencyDIF
Websitewww.torringtonsavings.bank
Data Updated11/14/2025
CERT16636
Office of The Comptroller District:—
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$980.97M
Total Deposits$777.55M
Total Liabilities$802.34M
Total Equity Capital$178.63M
Net Income$-4,047,000
Net Loans and Leases$756.60M
Assets Per Employee ($Millions)$7.6M
Bank Premises and Fixed Assets$11.02M
Cash and Balances due from Depository Institutions$46.16M
Deposits Held in Domestic Offices$777.55M

Key Performance Ratios

Return on Assets (ROA)-1.62%
Return on Equity (ROE)-8.97%
Net Interest Margin3.04%
Efficiency Ratio805.16%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.06%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets18.209%
Earning Assets to total Assets92.09%

Income and Expense

Total Interest Income$11.15M
Total Noninterest Income$-6,262,000
Total Interest Expense$4.12M
Total Noninterest Expense$6.24M
Net Interest Income$7.04M
Pre-tax Net Operating Income$-5,616,000
Provision for Credit Losses$150.00k
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$16.11M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$8.68M
Total Liabilities and Capital$980.97M

Securities

Securities$107.22M
Available-for-sale debt securities$106.77M
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 The Torrington Savings Bank?
$980.97M as of the latest filing.
How much are The Torrington Savings Bank's total deposits?
$777.55M in total deposits.
Where is The Torrington Savings Bank located?
Torrington, CT.
What is the Net Interest Margin?
3.04%.
How many domestic offices does it operate?
10.
When was it established?
08/15/1868.
What is the Return on Assets (ROA)?
-1.62%.
How much are total loans and leases?
$756.60M (latest filing).
What is the total interest income (latest filing)?
$11.15M.