The Connecticut Bank and Trust Company in Hartford, Connecticut (CT)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Connecticut Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 57690
    Status: Active
    Federal Reserve ID: 3251081
    Date Established: March 12, 2004
    WWW: http://www.thecbt.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 8 (Domestic: 8, Interstate: No)
    FDIC's unique #: 419962
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: March 12, 2004
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 58 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)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $280.5 mil
    Equity capital: $23.4 mil
    Deposits held in domestic offices: $220.0 mil
    Return on assets (ROA): -0.52% (-$1.5 mil)
    Quarterly return on assets: -3.61% (-$10.1 mil)
    Return on Equity (ROE): -5.83% (-$1.3 mil)
    Quarterly return on equity: -41.48% (-$9.5 mil)
    Net income: -$1.5 mil
    Quarterly Net income: -$2.5 mil
    Pretax return on assets: -0.77% (-$2,160.0 mil)
    Quarterly Pretax return on assets: -3.61% (-$10,126.5 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
  • 70Total employees (full-time equivalent)
  • $280,513Total assets
  • $5,261Cash and due from depository institutions
  • $1,444Interest-bearing balances
  • $42,436Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $223,123Net loans & leases
  • $4,247Loan loss allowance
  • $0Trading account assets
  • $1,626Bank premises and fixed assets
  • $2,190Other real estate owned
  • $50Goodwill and other intangibles
  • $280,513Life insurance assets
  • $5,827All other assets
  • $257,143Total liabilities and capital
  • $220,005Total liabilities
  • $169,180Total deposits
  • $220,005Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 4730.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $30,773Trading liabilities
  • $0Other borrowed funds
  • $1,635Subordinated debt
  • $23,370All other liabilities
  • $23,370Total equity capital
  • $23,370Total bank equity capital
  • $5,448Perpetual preferred stock
  • $3,621Common stock
  • $31,272Surplus
  • $-16,971Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $12,741Income earned, not collected on loans
  • $3,831Earning assets
  • $1,012Long-term assets (5+ years)
  • $267,003Average Assets, year-to-date
  • $61,366Average Assets, quarterly
  • $279,167Volatile liabilities
  • $282,348Insider loans
  • $226,939FHLB advances
  • $287,060Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $23,066Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $41,028Restructured Loans and leases
  • $3,537Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,833Total interest income
  • $2,918Total interest expense
  • $9,915Net interest income
  • $2,980Provision for loan and lease losses
  • $911Total noninterest income
  • $0Fiduciary activities
  • $284Service charges on deposit accounts
  • $0Trading account gains & fees
  • $627Additional noninterest income
  • $10,456Total noninterest expense
  • $4,841Salaries and employee benefits
  • $1,803Premises and equipment expense
  • $3,812Additional noninterest expense
  • -$2,610Pre-tax net operating income
  • $448Securities gains (losses)
  • -$700Applicable income taxes
  • -$1,462Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,462Net income attributable to bank
  • $0Net charge-offs
  • -$1,462Cash dividends
  • $2,114Sale, conversion, retirement of capital stock, net
  • $272Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.83%Yield on earning assets
  • 1.10%Cost of funding earning assets
  • 3.74%Net interest margin
  • 0.34%Noninterest income to earning assets
  • 3.94%Noninterest expense to earning assets
  • -0.63%Net operating income to assets
  • -0.52%Return on assets (ROA)
  • -0.77%Pretax return on assets
  • -5.83%Return on equity (ROE)
  • -6.91%Retained earnings to average equity (YTD only)
  • 0.95%Net charge-offs to loans
  • 140.96%Credit loss provision to net charge-offs
  • 0.18%Efficiency ratio
  • 96,582Assets per employee
  • 4.01%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -18.60%Loss allowance to loans
  • 1.87%Loss allowance to noncurrent loans
  • 33.33%Noncurrent assets plus other real estate owned to assets
  • 5.32%Noncurrent loans to loans
  • 5.60%Net loans and leases to deposits
  • 101.42%Net loans and leases to core deposits
  • 118.05%Equity capital to assets
  • 8.33%Core capital (leverage) ratio
  • 8.04%Tier 1 risk-based capital ratio
  • 10.16%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $279,167Average earning assets
  • $25,085Average equity
  • $265,445Average loans

List of branches

  • 8 Connecticut Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0419962The Connecticut Bank And Trust Compa58 State House Square, Hartford, CT 6103March 12, 2004Full Service Brick and Mortar
    1428003West Hartford Branch68 South Main Street, West Hartford, CT 6107March 29, 2004Full Service Brick and Mortar
    2428004Glastonbury Office7 Sycamore St, Glastonbury, CT 6033March 22, 2004Full Service Brick and Mortar
    3452594Vernon Branch435 Hartford Turnpike, Vernon, CT 6066November 09, 2005Full Service Brick and Mortar
    4465194Newington Office Branch66 Cedar Street, Newington, CT 6111July 10, 2006Full Service Brick and Mortar
    5465791Windsor Branch148 Broad Street, Windsor, CT 6095April 02, 2007Full Service Brick and Mortar
    6478791Rocky Hill Branch396 Cromwell Ave, Rocky Hill, CT 6067October 15, 2007Full Service Brick and Mortar
    7511426St Francis Office Branch114 Woodland St, Hartford, CT 6105June 22, 2010Full Service Retail
1
James Foregetit
Jun 12, 2022 @ 10:10 am
Please provide a list of all the flake senior executives of this bank from 1975-1985

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