DR Bank


DR Bank is an FDIC insured institution headquartered at 1001 Post Rd, Darien, CT 06820.
It was founded in 2006 and has approximately $1 billion in assets. Customers can open an account at one of its 3 branches.

Deposit Rates - December 27, 2024

SAVINGS RATES APY MIN
Savings
0.05% $2,500 Compare
CD RATES APY MIN
6 Mo CD
0.25% $10,000 Compare
6 Mo CD
0.25% $100,000 Compare
MM RATES APY MIN
Money Market
0.15% $2,500 Compare
Money Market
0.15% $10,000 Compare
Money Market
0.15% $25,000 Compare
INT CHECKING RATES APY MIN
Int Ckg
0.05% $1
Int Ckg
0.05% $2,500

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58257
Date Established 2006
Assets $ 647.33 million
Loans $ 537.72 million
Deposits $ 525.20 million
Capital $ 54.09 million

Summary Balance Sheet as of March 31, 2024

ASSETS
Cash & Balances due from depository institutions $ 19.18 million
Interest-bearing balances $ 17.13 million
Total securities $ 44.28 million
Federal funds sold and reverse repurchase $ 2.88 million
Net loans and leases $ 537.72 million
Loan loss allowance $ 3.82 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.09 million
All other assets $ 13.31 million
     Total Assets $ 593.25 million

LIABILITIES
Total deposits $ 525.20 million
      Interest-bearing deposits $ 485.53 million
      Deposits held in domestic offices $ 525.20 million
      % insured (estimated) 89.03%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 45.57 million
Subordinated debt N.A.
All other liabilities $ 4.38 millionn
      Total Liabilities $ 593.25 million
      Shareholders’ Equity $ 54.09 million

Summary Income Statement as of March 31, 2024

INCOME AND EXPENSES
Total Interest Income $ 20.50 million
Total Interest Expense $ 11.08 million
Net interest income $ 9.41 million
Provision for loan and lease losses $ 0.81 million
Total non interest income $ 0.35 million
Total non interest expense $ 10.18 million
Pre-tax Net Operating Income $ 0.68 million

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Branches

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DR Bank Locations