Fairfield County Bank

Established in 1871

About Fairfield County Bank

Fairfield County Bank was established on 1871. The bank's headquarters are located at 150 Danbury Road in Ridgefield, Connecticut. It has 5 branches.

Fairfield County Bank is an FDIC insured bank with FDIC number 18213 managing assets to the value of $1,717,248 as of 12/31/2020.

Fairfield County Bank has a Texas ratio of 2.20%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.

About the Bank

2.20%
Texas Ratio
FDIC Certificate #

18213

Active Insured Since #

1/7/1960

Financial Profile

Dollar figures in thousands (000's)

As of 12/31/2020
Total Assets $1,717,248
Equity Capital $229,540
Total Deposits $1,371,729
Total Liabilities $1,487,708
Total Securities $269,836
Net Loans And Leases $1,260,462
Loan Loss Allowance $15,424
Total Loans And Leases $1,275,886
YTD (as of 12/31/2020)
Return On Assets 0.77%
Return On Equity 5.73%
Total Interest Income $61,047
Total Interest Expense $4,490
Total Non Interest Income $19,095
Total Non Interest Expense $55,494

Headquarters

150 Danbury Road 6877, Ridgefield

Fairfield County Bank branches near me

271.37 miles
266.71 miles
269.79 miles

Total Loans and Leases Statistics

Total Loans and Leases $1,275,886 In thousands (000's) * All data provided by fdic.gov updated 12/31/2020

Fairfield County Bank Mortgage Loans Profile

Classic Bank

70.16%

Application Approval Rate

Classic Bank

$496,933

Average Mortgage Loan Amount

Classic Bank

553

Number of Loan Applications

Classic Bank

$224,453

Average Income of Applicants with Approved Loans

Classic Bank

0.99%

Average Cost of Loans

Classic Bank

32.12%

Average Debt to Income Ratio

* All data provided by the Home Mortgage Disclosure Act, at cfpb.gov updated 12/31/2019

Distribution of Mortgage Loans

Top Counties by Number of Mortgage Loan Applications

1 Fairfield

Number of Loan Applications
470
Average Loan Amount
$492,015
Approval Rate
71.28%
Average Income of Approved Loans’ Applicants
$223,971

2 New Haven

Number of Loan Applications
22
Average Loan Amount
$350,385
Approval Rate
59.09%
Average Income of Approved Loans’ Applicants
$137,917

3 Litchfield

Number of Loan Applications
19
Average Loan Amount
$302,500
Approval Rate
63.16%
Average Income of Approved Loans’ Applicants
$162,545

4 Westchester

Number of Loan Applications
16
Average Loan Amount
$1,060,000
Approval Rate
62.50%
Average Income of Approved Loans’ Applicants
$373,333

5 Hartford

Number of Loan Applications
6
Average Loan Amount
$247,000
Approval Rate
83.33%
Average Income of Approved Loans’ Applicants
$145,200

6 Middlesex

Number of Loan Applications
2
Average Loan Amount
$840,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$381,000

Top States by Number of Mortgage Loan Applications

1 Connecticut

Number of Loan Applications
520
Average Loan Amount
$478,723
Approval Rate
70.77%
Average Income of Approved Loans’ Applicants
$218,519

2 New York

Number of Loan Applications
24
Average Loan Amount
$1,068,077
Approval Rate
54.17%
Average Income of Approved Loans’ Applicants
$324,000

3 Florida

Number of Loan Applications
7
Average Loan Amount
$319,000
Approval Rate
71.43%
Average Income of Approved Loans’ Applicants
$380,000

4 Massachusetts

Number of Loan Applications
1
Average Loan Amount
$295,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$399,000

5 New Jersey

Number of Loan Applications
1
Average Loan Amount
$865,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$0