First Federal Savings and Loan Association of East Hartford in East Hartford, Connecticut (CT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 31, 2001

  • First Federal Savings and Loan Association of East Hartford in East Hartford, Connecticut (CT)
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First Federal Savings and Loan Association of East Hartford - Overview

  • General
  • FDIC Certificate #: 29478
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Savings Bank of Manchester (#17942)
    Federal Reserve ID: 501570
    Date Established: January 01, 1930
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 3524
    FDIC's unique #: 42312
    Numeric code: 37
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: December 28, 1935
    Last Structure Change Effective Date: August 31, 2001
    Last Structure Change Process Date: September 10, 2001
    Last Data Update: September 10, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 1137 Main St, East Hartford, CT 6108
    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: $1,100.5 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 193Total employees (full-time equivalent)
  • $1,122,266Total assets
  • $38,599Cash and due from depository institutions
  • $25,900Interest-bearing balances
  • $764,813Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $263,311Net loans & leases
  • $2,168Loan loss allowance
  • $0Trading account assets
  • $4,729Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $50,814All other assets
  • $1,122,266Total liabilities and capital
  • $1,034,236Total liabilities
  • $622,017Total deposits
  • $594,614Interest-bearing deposits
  • $622,017Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $405,683Other borrowed funds
  • $0Subordinated debt
  • $6,536All other liabilities
  • $88,030Total equity capital
  • $88,030Total bank equity capital
  • $88,030Perpetual preferred stock
  • $0Common stock
  • $28Surplus
  • $29,105Undivided profits
  • Memoranda
  • $58,897Noncurrent loans and leases
  • $31,384Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $682Earning assets
  • $0Long-term assets (5+ years)
  • $1,412Average Assets, year-to-date
  • $1,054,024Average Assets, quarterly
  • $0Volatile liabilities
  • $1,073,935Insider loans
  • $1,104,772FHLB advances
  • $466,971Loans and leases held for sale
  • $913Unused loan commitments
  • $405,683Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $31,384Total unused commitments
  • $514Restructured Loans and leases
  • $2,170Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $71,296Total interest income
  • $49,449Total interest expense
  • $21,847Net interest income
  • $210Provision for loan and lease losses
  • $4,968Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,968Additional noninterest income
  • $16,594Total noninterest expense
  • $9,522Salaries and employee benefits
  • $2,370Premises and equipment expense
  • $4,702Additional noninterest expense
  • $10,011Pre-tax net operating income
  • -$102Securities gains (losses)
  • $2,446Applicable income taxes
  • $7,463Income before extraordinary items
  • $0Extraordinary gains - net
  • $7,463Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $34Sale, conversion, retirement of capital stock, net
  • $2,253Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.13%Yield on earning assets
  • 4.95%Cost of funding earning assets
  • 2.19%Net interest margin
  • 0.50%Noninterest income to earning assets
  • 1.66%Noninterest expense to earning assets
  • 0.70%Net operating income to assets
  • 0.69%Return on assets (ROA)
  • 0.92%Pretax return on assets
  • 10.15%Return on equity (ROE)
  • 7.09%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 617.65%Credit loss provision to net charge-offs
  • 300.62%Efficiency ratio
  • 61,883Assets per employee
  • 5.81%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 30.19%Loss allowance to loans
  • 0.82%Loss allowance to noncurrent loans
  • 317.89%Noncurrent assets plus other real estate owned to assets
  • 0.06%Noncurrent loans to loans
  • 0.26%Net loans and leases to deposits
  • 42.33%Net loans and leases to core deposits
  • 46.96%Equity capital to assets
  • 7.84%Core capital (leverage) ratio
  • 7.57%Tier 1 risk-based capital ratio
  • 21.37%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $1,073,935Average earning assets
  • $73,513Average equity
  • $999,814Average loans

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