Salisbury Bank

The Bank is a Connecticut-chartered and Federal Deposit Insurance Corporation (the FDIC) insured commercial bank. The Bank provides commercial banking, consumer financing, retail banking and trust and wealth advisory services through a network of over 10 banking offices and approximately nine automated teller machines (ATMs). The Bank originates commercial loans, commercial real estate loans, residential and commercial construction loans, residential real estate loans collateralized by one- to four- family residences, home equity lines of credit, fixed rate loans and other consumer loans. The Bank's securities portfolio include the United States Government and Agency securities, mortgage-backed securities, collateralized mortgage obligations and tax exempt municipal bonds. The Bank uses deposits, repayments and sales, and borrowings to fund lending, investing and general operations.

Company Growth (employees)
Type
Public
HQ
Salisbury, US
Founded
1868
Size (employees)
159 (est)
Salisbury Bank was founded in 1868 and is headquartered in Salisbury, US

Salisbury Bank Office Locations

Salisbury Bank has an office in Salisbury
Salisbury, US (HQ)
5 Bissell St

Salisbury Bank Data and Metrics

Salisbury Bank Financial Metrics

Salisbury Bank's revenue was reported to be $41.9 m in FY, 2015
USD

Net income (Q1, 2017)

1.6 m

EBIT (Q1, 2017)

7.6 m

Market capitalization (22-Aug-2017)

120.6 k

Cash (31-Mar-2017)

41.3 m
Salisbury Bank's current market capitalization is $120.6 k.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

28.1 m29.1 m41.9 m

Revenue growth, %

4%44%

Cost of goods sold

3.8 m

R&D expense

2.1 m

Operating expense total

1.6 m1.7 m2.1 m2.1 m

EBIT

17.6 m19 m30.6 m28.8 m

EBIT margin, %

63%65%73%

Interest expense

3.1 m2.7 m3 m

Pre tax profit

5 m3.1 m12 m9.3 m

Income tax expense

909 k610 k3.6 m2.6 m

Net Income

4.1 m2.5 m8.5 m6.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cost of goods sold

752 k753 k919 k954 k982 k953 k

R&D expense

398 k404 k447 k449 k472 k472 k

Operating expense total

398 k404 k447 k449 k472 k472 k

EBIT

7.2 m7.3 m7.6 m

Pre tax profit

3 m2.8 m2 m2.4 m2.7 m2.2 m

Income tax expense

128 k885 k824 k528 k669 k812 k593 k

Net Income

1.5 m2.3 m2.2 m4.3 m6.3 m1.5 m3.2 m5.2 m1.6 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

12.7 m36.1 m62.1 m35.5 m

Accounts Receivable

1.8 m2.3 m2.3 m448.1 m

Goodwill

9.8 m12.6 m12.6 m12.6 m

Total Assets

587.1 m855.4 m891.2 m935.4 m

Accounts Payable

781.8 m

Total Liabilities

841.4 m

Additional Paid-in Capital

13.7 m41.1 m41.4 m42.1 m

Retained Earnings

42.2 m42.7 m47.9 m51.5 m

Total Equity

72.8 m101.8 m90.6 m94 m

Financial Leverage

8.1 x8.4 x9.8 x9.9 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

50.4 m81.7 m31.5 m31.5 m42.6 m41.3 m

Goodwill

12.6 m12.6 m12.6 m12.6 m12.6 m12.6 m

Total Assets

860.8 m904.2 m891.8 m913.5 m928.4 m939.5 m

Accounts Payable

720.7 m761.5 m755.7 m754.5 m786.7 m772.4 m

Additional Paid-in Capital

41.3 m41.4 m41.9 m42.1 m42.1 m42.4 m

Retained Earnings

45.4 m46.6 m48.7 m49.6 m50.8 m52.4 m

Total Equity

104.1 m105.5 m91.4 m92.6 m93.6 m95.2 m

Financial Leverage

8.3 x8.6 x9.8 x9.9 x9.9 x9.9 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

4.1 m2.5 m8.5 m6.7 m

Depreciation and Amortization

652 k601 k

Cash From Operating Activities

9.7 m4.5 m8.4 m11.3 m

Capital Expenditures

(556 k)(2.2 m)(779 k)(1.3 m)

Cash From Investing Activities

(23.8 m)(10.3 m)(74 m)

Cash From Financing Activities

(16.7 m)6.7 m28 m36.1 m

Interest Paid

3.1 m2.5 m3.5 m3.8 m

Income Taxes Paid

732 k1.3 m3.2 m1.2 m

Free Cash Flow

10.2 m6.6 m9.1 m10 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

1.5 m2.3 m2.2 m4.3 m6.3 m1.5 m3.2 m5.2 m1.6 m

Cash From Operating Activities

3.7 m4.1 m2 m4.3 m6.4 m2.9 m6.5 m9.4 m3 m

Capital Expenditures

(1.7 m)(1.9 m)(186 k)(244 k)(739 k)(644 k)(817 k)(1.2 m)(503 k)

Cash From Investing Activities

8 m(3.2 m)(32.7 m)(55.3 m)(58.7 m)

Dividends Paid

(86 k)(126 k)

Cash From Financing Activities

11.8 m27.9 m7.6 m2 m42.5 m(777 k)18.1 m29.8 m2.5 m

Interest Paid

1.3 m2 m745 k1.8 m2.7 m760 k2 m2.7 m765 k

Income Taxes Paid

569 k935 k911 k2 m2.4 m258 k782 k842 k300 k

Free Cash Flow

1.9 m2.3 m1.8 m4 m5.6 m2.2 m5.7 m8.2 m2.5 m
Y, 2017

Financial Leverage

9.9 x

Salisbury Bank Market Value History

Traffic Overview of Salisbury Bank

Salisbury Bank Online and Social Media Presence

Salisbury Bank Company Life and Culture

You may also be interested in