Advest Trust Company in Hartford, Connecticut (CT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 08, 2004

  • Advest Trust Company in Hartford, Connecticut (CT)
  • Show street view No street view available for this location

Advest Trust Company - Overview

  • General
  • FDIC Certificate #: 25332
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: (#35488)
    Federal Reserve ID: 22909
    Date Established: August 24, 1984
    WWW: http://www.advest.com
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 14260
    FDIC's unique #: 17521
    Numeric code: 43
    Regulator: OTS
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: August 24, 1984
    Last Structure Change Effective Date: July 08, 2004
    Last Structure Change Process Date: August 11, 2004
    Last Data Update: August 11, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 90 State House Square, Hartford, CT 6103
    County: Hartford
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Hartford
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Hartford, CT (#3280)
    Combined Statistical Area (CSA): Hartford-West Hartford-Willimantic, CT (#278)
    Core Based Statistical Area (CBSA): Hartford-West Hartford-East Hartford, CT (#25540)
    CBSA Metro Statistical Area: Hartford-West Hartford-East Hartford, CT (#25540)
  • Financial Summary
  • Total assets: $3.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2003)

  • Dollar figures in thousands
  • 19Total employees (full-time equivalent)
  • $3,524Total assets
  • $137Cash and due from depository institutions
  • $7Interest-bearing balances
  • $1,840Securities
  • $670Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $0Loan loss allowance
  • $0Trading account assets
  • $47Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $830All other assets
  • $3,524Total liabilities and capital
  • $965Total liabilities
  • $500Total deposits
  • $500Interest-bearing deposits
  • $500Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $465All other liabilities
  • $2,559Total equity capital
  • $2,559Total bank equity capital
  • $2,559Perpetual preferred stock
  • $0Common stock
  • $2,325Surplus
  • $11,952Undivided profits
  • Memoranda
  • $-11,718Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $7Average Assets, year-to-date
  • $2,517Average Assets, quarterly
  • $0Volatile liabilities
  • $4,065Insider loans
  • $3,809FHLB advances
  • $500Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $14Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $57Total interest income
  • $8Total interest expense
  • $49Net interest income
  • $0Provision for loan and lease losses
  • $2,585Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,585Additional noninterest income
  • $2,747Total noninterest expense
  • $1,612Salaries and employee benefits
  • $209Premises and equipment expense
  • $926Additional noninterest expense
  • -$113Pre-tax net operating income
  • $0Securities gains (losses)
  • -$41Applicable income taxes
  • -$72Income before extraordinary items
  • $0Extraordinary gains - net
  • -$72Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 1.85%Yield on earning assets
  • 0.26%Cost of funding earning assets
  • 1.59%Net interest margin
  • 84.10%Noninterest income to earning assets
  • 89.37%Noninterest expense to earning assets
  • -1.77%Net operating income to assets
  • -1.77%Return on assets (ROA)
  • -2.78%Pretax return on assets
  • -2.78%Return on equity (ROE)
  • -2.78%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 104,290Assets per employee
  • 0.19%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.00%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 0.00%Net loans and leases to core deposits
  • 0.00%Equity capital to assets
  • 72.62%Core capital (leverage) ratio
  • 72.72%Tier 1 risk-based capital ratio
  • 207.84%Total risk-based capital ratio
  • Memoranda
  • $209Average assets
  • $4,065Average earning assets
  • $2,594Average equity
  • $3,074Average loans

Total Fiduciary and Related Assets (December 31, 2003)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $386,790Managed Assets
  • 1Number of Accounts
  • $227,910Personal trust and agency accounts
  • $214,148Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $433Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $13,329Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 568Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $158,880Other retirement accounts
  • $1,363Corporate trust and agency accounts
  • $52,585Other fiduciary accounts
  • $9,863Fiduciary accounts held in foreign offices

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Advest Trust Company.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents