The First Bank Of Greenwich Mortgage Rates, Fees & Info

Cos Cob, CT

LEI: 254900ZJM7YMM3MA5J75

Tax ID: 05-0586924

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    The First Bank Of Greenwich is a smaller bank specializing in various types of mortgages.



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    Originations

    0

    Origination Dollar Volume (All Markets)

    $0

    Employee count

    50

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    The First Bank of Greenwich 444 E Putnam Ave Cos Cob, CT 6807 Full Service B&M $307,844
    The First Bank of Greenwich 500 Westchester Avenue Port Chester, NY 10573 Full Service B&M $57,782
    The First Bank of Greenwich 900 Summer Street Stamford, CT 6905 Full Service Retail $62,115

    For 2021, The First Bank Of Greenwich had 3 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $22,255
    Net interest income $19,564
    Total noninterest income $739
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $253
    Trading account gains and fees $0
    Additional Noninterest Income $486
    Pre-tax net operating income $9,031
    Securities gains (or losses, -) $0
    Income before extraordinary items $6,452
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $6,452
    Minority interest net income $0
    Net income $6,452
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $6,452

    The First Bank Of Greenwich's gross interest income from loans was $22,255,000.
    The First Bank Of Greenwich's net interest income from loans was $19,564,000.
    The First Bank Of Greenwich's fee based income from loans was $253,000.
    The First Bank Of Greenwich's net income from loans was $6,452,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,691
    Provision for credit losses $650
    Total noninterest expense $10,622
    Salaries and employee benefits $6,278
    Premises and equipment expense $1,513
    Additional noninterest expense $2,831
    Applicable income taxes $2,579
    Net charge-offs $0
    Cash dividends $163

    The First Bank Of Greenwich's interest expense for loans was $2,691,000.
    The First Bank Of Greenwich's payroll and benefits expense were $6,278,000.
    The First Bank Of Greenwich's property, plant and equipment expenses $1,513,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $472,665
    Deposits held in domestic offices $472,665
    Deposits by Individuals, partnerships, and corporations $472,665
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $0
    Deposits by Commercial banks and other depository institutions in U.S. $0
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $191,117
    Demand deposits $188,333
    Nontransaction accounts $281,548
    Money market deposit accounts (MMDAs) $159,257
    Other savings deposits (excluding MMDAs) $30,130
    Total time deposits $92,161
    Total time and savings deposits $284,332
    Noninterest-bearing deposits $171,545
    Interest-bearing deposits $301,120
    Retail deposits $394,747
    IRAs and Keogh plan accounts $7,695
    Brokered deposits $30,001
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $590,696
    Cash & Balances due from depository institutions $95,198
    Interest-bearing balances $93,997
    Total securities $15,001
    Federal funds sold & reverse repurchase $0
    Net loans and leases $456,938
    Loan and leases loss allowance $5,753
    Trading account assets $0
    Bank premises and fixed assets $1,005
    Other real estate owned $0
    Goodwill and other intangibles $76
    All other assets $22,478

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $590,696
    Total Liabilities $542,467
    Total deposits $472,665
    Interest-bearing deposits $301,120
    Deposits held in domestic offices $472,665
    % insured (estimated) $56
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $60,800
    Subordinated debt $0
    All other liabilities $9,002

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $456,938
    Loan and leases loss allowance $5,753
    Total loans and leases (domestic) $462,691
    All real estate loans $422,540
    Real estate loans in domestic offices $422,540
    Construction and development loans $12,558
    Residential 1-4 family construction $4,863
    Other construction, all land development and other land $7,695
    Loans secured by nonfarm nonresidential properties $172,734
    Nonfarm nonresidential secured by owner-occupied properties $65,069
    Commercial real estate & other non-farm, non-residential $107,665
    Multifamily residential real estate $29,682
    1-4 family residential loans $207,566
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $39,547
    To non-U.S. addressees $0
    Loans to individuals $596
    Credit card loans $0
    Related Plans $101
    Consumer Auto Loans $11
    Other loans to individuals $484
    All other loans & leases $8
    Loans to foreign governments and official institutions $0
    Other loans $8
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $1,199
    Non 1-4 family restructured loans & leases $1,199
    Total loans and leases (foreign) $0

    The First Bank of Greenwich had $456,938,000 of loans outstanding in 2021. $422,540,000 of loans were in real estate loans. $12,558,000 of loans were in development loans. $29,682,000 of loans were in multifamily mortgage loans. $207,566,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $11,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 76 $35,571 $468,039
    Nonfarm, nonresidential loans - $100-250k 9 $1,436 $159,556
    Nonfarm, nonresidential loans - $250k-1MM 67 $34,135 $509,478
    Commercial & Industrial, US addressed loans - <$1MM 199 $25,658 $128,935
    Commercial & Industrial, US addressed loans - <$100k 120 $5,019 $41,825
    Commercial & Industrial, US addressed loans - $100-250k 42 $5,425 $129,167
    Commercial & Industrial, US addressed loans - $250k-1MM 37 $15,214 $411,189