FDIC Certificate #: 57222 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Prudential Bank & Trust, FSB (#32957) Federal Reserve ID: 3042038 Date Established: July 25, 2001 WWW:http://www.cigna.com Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 16728 FDIC's unique #: 359668 Numeric code: 37 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes Oakar Institutions: Yes State Chartered: No Date of Deposit Insurance: July 25, 2001 Last Structure Change Effective Date: April 01, 2004 Last Structure Change Process Date: April 21, 2004 Last Data Update: April 21, 2004 Data Source Date: April 05, 2012
Location
Address: 280 Trumbull Street, 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: $177.2 mil
2000 - 2011 Historical total assets, liabilities and capital ($ 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
32Total employees (full-time equivalent)
$147,086Total assets
$617Cash and due from depository institutions
$0Interest-bearing balances
$145,166Securities
$0Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$0Loan loss allowance
$0Trading account assets
$0Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,303All other assets
$147,086Total liabilities and capital
$135,179Total liabilities
$133,804Total deposits
$133,804Interest-bearing deposits
$133,804Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,375All other liabilities
$11,907Total equity capital
$11,907Total bank equity capital
$11,907Perpetual preferred stock
$0Common stock
$11,225Surplus
$0Undivided profits
Memoranda
$682Noncurrent 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)
$438Average Assets, year-to-date
$145,166Average Assets, quarterly
$0Volatile liabilities
$101,874Insider loans
$140,557FHLB advances
$76,137Loans 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
$0Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$2,862Total interest income
$1,066Total interest expense
$1,796Net interest income
$0Provision for loan and lease losses
$2,476Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$2,476Additional noninterest income
$2,969Total noninterest expense
$1,147Salaries and employee benefits
$233Premises and equipment expense
$1,589Additional noninterest expense
$1,303Pre-tax net operating income
$7Securities gains (losses)
$396Applicable income taxes
$914Income before extraordinary items
$0Extraordinary gains - net
$914Net 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)
2.85%Yield on earning assets
1.06%Cost of funding earning assets
1.79%Net interest margin
2.47%Noninterest income to earning assets
2.96%Noninterest expense to earning assets
0.89%Net operating income to assets
0.90%Return on assets (ROA)
1.29%Pretax return on assets
7.81%Return on equity (ROE)
7.81%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
69,499Assets per employee
4.60%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
8.10%Core capital (leverage) ratio
8.38%Tier 1 risk-based capital ratio
31.16%Total risk-based capital ratio
Memoranda
$31Average assets
$101,874Average earning assets
$11,705Average equity
$100,395Average 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
$21,941,036Managed Assets
1Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
1177Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$21,941,036Other retirement accounts
$0Corporate trust and agency accounts
$17,921,253Other fiduciary accounts
$111,240Fiduciary accounts held in foreign offices
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