First County Bank


117 Prospect Street
Stamford, CT 06901
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Notable Rates APY Vs.Others
Savings 0.05% 0.65% →
1-Year CD 0.25% 0.70% →
2-Year CD 1.15% 0.75% →
5-Year CD 1.25% 1.15% →
30-Year Mortgage 4.54% 2.72% →
15-Year Mortgage 4.01% 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

First County Bank is an FDIC insured institution located in Stamford, CT. It was founded in 1851 and has approximately $1.98 billion in assets. Customers can open an account at one of its 19 branches.

FDIC Insured Yes
FDIC Certificate # 18204
Date Established 1851
Assets $ 1,980.27 million
Loans $ 1,352.93 million
Deposits $ 1,575.60 million
Capital $ 162.20 million

For a more detailed analysis of First County Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - August 1, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
0.05% $2,500 $4,999 Learn More
Money Market
0.05% $10,000 $14,999 Learn More
6 Mo CD
0.10% $10,000 $14,999 Learn More
12 Mo CD
0.25% $10,000 $14,999 Learn More
18 Mo CD
1.00% $10,000 $14,999 Learn More
24 Mo CD
1.15% $10,000 $14,999 Learn More
30 Mo CD
1.25% $10,000 $14,999 Learn More
36 Mo CD
1.25% $10,000 $14,999 Learn More
48 Mo CD
1.10% $10,000 $14,999 Learn More
60 Mo CD
1.25% $10,000 $14,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.01% $2,500 $3,499 Learn MoreShow Less

Loan Rates - August 1, 2021

Your Current Location: Connecticut, CT 06828

Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.


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First County Bank Locations

Financial Details

First County Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First County Bank. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
First County Bank U.S. Bank Average
10.35% 5.29%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2021, First County Bank had $18,309,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $162,204,000 in equity and $14,630,000 in loans loss reserves. That gives it a Texas Ratio of 10.35%.

Return on Equity
First County Bank U.S. Bank Average
9.12% 11.43%

First County Bank has a Return on Equity of 9.12% versus the BestCashCow average of 11.43%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

First County Bank U.S. Bank Average
8.19% 11.51%

First County Bank has a Capitalization of 8.19% versus the BestCashCow average of 11.51. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

First County Bank Balance Sheet Analysis

As of March 31, 2021, First County Bank had assets of $1,980,269,000, loans of $1,352,925,000, and deposits of $1,575,598,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2021
Cash & Balances due from depository institutions $ 255.18 million
Interest-bearing balances $ 247.40 million
Total securities $ 264.46 million
Federal funds sold and reverse repurchase $ 0.96 million
Net loans and leases $ 1,352.93 million
Loan loss allowance $ 14.63 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 1.09 million
All other assets $ 92.93 million
     Total Assets $ 1,818.07 million
Total deposits $ 1,575.60 million
      Interest-bearing deposits $ 1,154.56 million
      Deposits held in domestic offices $ 1,575.60 million
      % insured (estimated) 75.49%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 201.99 million
Subordinated debt N.A.
All other liabilities $ 40.48 million
      Total Liabilities $ 1,818.07 million
      Shareholders’ Equity $ 162.20 million

Summary Income Statement

March 31, 2021
Total Interest Income $ 15.98 million
Total Interest Expense $ 2.70 million
Net interest income $ 13.28 million
Provision for loan and lease losses $ 0.24 million
Total non interest income $ 2.39 million
Total non interest expense $ 10.91 million
Pre-tax Net Operating Income $ 4.52 million

Bank Loan Profile?

The top three loan types in First County Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks in Connecticut, First County Bank has a significantly higher percent of Small Business Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 58.06
Credit Card Loans 0.00
Consumer Auto Loans 0.94
Small Business Loans 5.38
Construction and Development Loans 3.41
Commercial Real Estate 25.06
Commercial and Industrial Loans 11.51
Farm Loans 0.00

Frequently Asked Questions About First County Bank

Branches and Savings

Is First County Bank FDIC insured?

Yes. It is covered under FDIC Certificate #18204.

Why does First County Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are First County Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is First County Bank a commercial bank?


Where are First County Bank locations?

See branch locations nearby.

Is First County Bank open on Saturdays?

Is First County Bank open on Sundays?

What time does First County Bank open?

What time does First County Bank close?

Are First County Bank ATMs Open 24/7?

Do First County Bank ATMs accept cash deposits?

Can First County Bank customers use other ATMs?

Do First County Bank branches have notaries?

Will First County Bank notarize my document?

What address for First County Bank should I put for incoming ACH transfers?

Will the First County Bank branch print checks?

Do First County Bank checks expire?

Does First County Bank require US citizenship to open account?

Can First County Bank close my account?

Does First County Bank Report to credit bureaus?

Does First County Bank Use Equifax?

What is First County Bank's ACH Routing Number?

What is First County Bank's SWIFT code?


Does First County Bank offer mortgages?

Compare mortgage rates here.

Does First County Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First County Bank offer personal loans?

Compare personal loan rates here.

Does First County Bank offer student loans?

Will First County Bank cash a check?

Will First County Bank redeem a savings bond?

Does First County Bank cash savings bonds?

Will First County Bank cash money orders?

Can First County Bank issue a money order?

Does First County Bank do currency exchange?

Background on The Bank

Who owns First County Bank?

How long has First County Bank been around?

Can First County Bank transfer to other banks?

Does First County Bank have quick pay?

Does First County Bank accept rolled coins?

Will First County Bank accept loose change?

Where is First County Bank headquarters?

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