Prudential Bank & Trust, FSB in Hartford, Connecticut (CT)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Prudential Bank & Trust, FSB in Hartford, Connecticut (CT)
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Prudential Bank & Trust, FSB - Overview

  • General
  • FDIC Certificate #: 32957
    Status: Active
    Federal Reserve ID: 1416279
    Date Established: August 07, 1989
    WWW: http://www.prubank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 8672
    FDIC's unique #: 46135
    Numeric code: 33
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: August 07, 1989
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    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)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $2,026.1 mil
    Equity capital: $238.8 mil
    Deposits held in domestic offices: $1,735.3 mil
    Return on assets (ROA): 1.65% ($33.4 mil)
    Quarterly return on assets: 1.55% ($31.4 mil)
    Return on Equity (ROE): 14.71% ($35.2 mil)
    Quarterly return on equity: 13.08% ($31.3 mil)
    Net income: $32.9 mil
    Quarterly Net income: $7.7 mil
    Pretax return on assets: 2.59% ($52,476.7 mil)
    Quarterly Pretax return on assets: 2.39% ($48,424.4 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, 2011)

  • Dollar figures in thousands
  • 23Total employees (full-time equivalent)
  • $2,026,127Total assets
  • $145,997Cash and due from depository institutions
  • $145,997Interest-bearing balances
  • $1,856,905Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $0Loan loss allowance
  • $0Trading account assets
  • $0Bank premises and fixed assets
  • $0Other real estate owned
  • $1,700Goodwill and other intangibles
  • $2,026,127Life insurance assets
  • $21,525All other assets
  • $1,787,306Total liabilities and capital
  • $1,735,256Total liabilities
  • $1,692,552Total deposits
  • $1,735,256Interest-bearing deposits
  • $66Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $52,050Subordinated debt
  • $238,821All other liabilities
  • $238,821Total equity capital
  • $238,821Total bank equity capital
  • $0Perpetual preferred stock
  • $10Common stock
  • $66,764Surplus
  • $172,047Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $8,613Long-term assets (5+ years)
  • $2,002,902Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $1,996,188Volatile liabilities
  • $1,985,691Insider loans
  • $697,352FHLB advances
  • $1,948,513Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $189,257Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $68,243Total interest income
  • $11,268Total interest expense
  • $56,975Net interest income
  • $0Provision for loan and lease losses
  • $6,278Total noninterest income
  • $0Fiduciary activities
  • $81Service charges on deposit accounts
  • -$248Trading account gains & fees
  • $6,445Additional noninterest income
  • $11,475Total noninterest expense
  • $3,506Salaries and employee benefits
  • $616Premises and equipment expense
  • $7,353Additional noninterest expense
  • $51,778Pre-tax net operating income
  • -$33Securities gains (losses)
  • $18,891Applicable income taxes
  • $32,854Income before extraordinary items
  • $0Extraordinary gains - net
  • $32,854Net income attributable to bank
  • $0Net charge-offs
  • $32,854Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $40,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.46%Yield on earning assets
  • 0.57%Cost of funding earning assets
  • 2.89%Net interest margin
  • 0.32%Noninterest income to earning assets
  • 0.58%Noninterest expense to earning assets
  • 1.65%Net operating income to assets
  • 1.65%Return on assets (ROA)
  • 2.59%Pretax return on assets
  • 14.71%Return on equity (ROE)
  • -3.20%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
  • 17,825Assets per employee
  • 88.09%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 121.75%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
  • 11.79%Core capital (leverage) ratio
  • 9.71%Tier 1 risk-based capital ratio
  • 27.14%Total risk-based capital ratio
  • Memoranda
  • $27Average assets
  • $1,996,188Average earning assets
  • $223,341Average equity
  • $1,971,869Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $59,522,694Managed 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
  • 1637Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $59,522,694Other retirement accounts
  • $0Corporate trust and agency accounts
  • $48,150,565Other fiduciary accounts
  • $242,230Fiduciary accounts held in foreign offices

List of branches

  • 1 Connecticut Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    046135Prudential Bank & Trust, Fsb280 Trumbull Street, Hartford, CT 6103August 07, 1989Full Service Brick and Mortar

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