LAUREL ROAD BANK

1001 Post Rd
Darien, CT 06820

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58257
Date Established 2006
Assets $0.47 billion
Loans $0.24 billion
Deposits $0.41 billion
Capital $0.06 billion

LAUREL ROAD BANK is an FDIC insured institution located in Darien, CT. It was founded in 2006 and has approximately $0.47 billion in assets. Customers can open an account at one of its 3 branches.

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

Deposit Rates - September 24, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
Money Market
0.85% $500 $99,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.50% $500 - Learn MoreShow Less
6 Mo CD
0.55% $500 - Learn MoreShow Less
Special: 9 Mo CD
2.50% $500 - Learn MoreShow Less
Special: 11 Mo CD
2.20% $500 - Learn MoreShow Less
12 Mo CD
0.70% $500 - Learn MoreShow Less
Special: 13 Mo CD
2.15% $500 - Learn MoreShow Less
Special: 17 Mo CD
2.10% $500 - Learn MoreShow Less
Special: 27 Mo CD
2.35% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.70% $500 - Learn MoreShow Less
Special: 9 Mo FIRA
2.50% $500 - Learn MoreShow Less
Special: 11 Mo FIRA
2.20% $500 - Learn MoreShow Less
Special: 13 Mo FIRA
2.15% $500 - Learn MoreShow Less
Special: 17 Mo FIRA
2.10% $500 - Learn MoreShow Less
Special: 27 Mo FIRA
2.35% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
0.10% $1 $4,999 Learn MoreShow Less

Loan Rates - September 24, 2019

Your Current Location: Washington, WA 98109

There are currently no loan rates available for LAUREL ROAD BANK

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
3.526% 3.500% 0.38 $805 $1,123 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info

Note to LAUREL ROAD BANK
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Branches

LAUREL ROAD BANK branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Seattle,Washington


LAUREL ROAD BANK Locations


Financial Details

LAUREL ROAD BANK Ratio Analysis

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

Texas Ratio
LAUREL ROAD BANK U.S. Bank Average
2.16% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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, 2019, LAUREL ROAD BANK had $1,028,000 in non-current loans and $296,000 in owned real estate. To cover these potential losses it had $58,930,000 in equity and $2,314,000 in loans loss reserves. That gives it a Texas Ratio of 2.16%.

Return on Equity
LAUREL ROAD BANK U.S. Bank Average
-16.48% 9.47%

LAUREL ROAD BANK has a Return on Equity of -16.48% versus the BestCashCow average of 9.47%. 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.

Capitalization
LAUREL ROAD BANK U.S. Bank Average
12.44% 12.49%

LAUREL ROAD BANK has a Capitalization of 12.44% versus the BestCashCow average of 12.49. 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.

LAUREL ROAD BANK Balance Sheet Analysis

As of March 31, 2019, LAUREL ROAD BANK had assets of $473,721,000, loans of $235,815,000, and deposits of $409,207,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $0.11 billion
Interest-bearing balances $0.10 billion
Total securities $0.09 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.24 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.02 billion
     Total Assets $0.41 billion
LIABILITIES
Total deposits $0.41 billion
      Interest-bearing deposits $0.38 billion
      Deposits held in domestic offices $0.41 billion
      % insured (estimated) 81.17%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.01 billion
      Total Liabilities $0.41 billion
      Shareholders’ Equity $0.06 billion

Summary Income Statement

March 31, 2019
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $-0.00 billion

Bank Loan Profile?

The top three loan types in LAUREL ROAD BANK’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks in Connecticut, LAUREL ROAD BANK has a significantly higher percent of Construction and Development 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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 42.96
Multifamily
Mortgages
6.67
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 12.84
Commercial Real Estate 18.75
Commercial and Industrial Loans 0.31
Farm Loans 0.00

Frequently Asked Questions About Laurel Road Bank

Branches and Savings

Is Laurel Road Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58257.

Why does Laurel Road Bank pay such low interest on savings accounts?

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

Why are Laurel Road Bank CD rates not competitive?

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

Is Laurel Road Bank a commercial bank?

Yes

Where are Laurel Road Bank locations?

See branch locations nearby.

Is Laurel Road Bank open on Saturdays?

Is Laurel Road Bank open on Sundays?

What time does Laurel Road Bank open?

What time does Laurel Road Bank close?

Are Laurel Road Bank ATMs Open 24/7?

Do Laurel Road Bank ATMs accept cash deposits?

Can Laurel Road Bank customers use other ATMs?

Do Laurel Road Bank branches have notaries?

Will Laurel Road Bank notarize my document?

What address for Laurel Road Bank should I put for incoming ACH transfers?

Will the Laurel Road Bank branch print checks?

Do Laurel Road Bank checks expire?

Does Laurel Road Bank require US citizenship to open account?

Can Laurel Road Bank close my account?

Does Laurel Road Bank Report to credit bureaus?

Does Laurel Road Bank Use Equifax?

What is Laurel Road Bank's ACH Routing Number?

What is Laurel Road Bank's SWIFT code?

Products

Does Laurel Road Bank offer mortgages?

Compare mortgage rates here.

Does Laurel Road Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Laurel Road Bank offer personal loans?

Compare personal loan rates here.

Does Laurel Road Bank offer student loans?

Will Laurel Road Bank cash a check?

Will Laurel Road Bank redeem a savings bond?

Does Laurel Road Bank cash savings bonds?

Will Laurel Road Bank cash money orders?

Can Laurel Road Bank issue a money order?

Does Laurel Road Bank do currency exchange?

Background on The Bank

Who owns Laurel Road Bank?

How long has Laurel Road Bank been around?

Can Laurel Road Bank transfer to other banks?

Does Laurel Road Bank have quick pay?

Does Laurel Road Bank accept rolled coins?

Will Laurel Road Bank accept loose change?

Where is Laurel Road Bank headquarters?

Customer Reviews for LAUREL ROAD BANK


  • October 11, 2016 |

    CDs 12 Month Rates

    Superb service!

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