Bristol Federal Savings Bank in Bristol, Connecticut (CT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1993

  • Bristol Federal Savings Bank in Bristol, Connecticut (CT)
  • Show street view No street view available for this location

Bristol Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 28391
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Eagle Bank (#28052)
    Federal Reserve ID: 105875
    Date Established: January 01, 1925
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 1489
    FDIC's unique #: 41225
    Numeric code: 33
    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: August 15, 1935
    Last Structure Change Effective Date: January 01, 1993
    Last Structure Change Process Date: Febuary 04, 1993
    Last Data Update: August 24, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 222 Main St, Bristol, CT 6010
    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
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $459.5 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $0Total assets
  • $459,462Cash and due from depository institutions
  • $14,716Interest-bearing balances
  • $1,913Securities
  • $84,387Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $343,548Loan loss allowance
  • $2,912Trading account assets
  • $0Bank premises and fixed assets
  • $3,310Other real estate owned
  • $3,704Goodwill and other intangibles
  • $8,206Life insurance assets
  • $1,591All other assets
  • $0Total liabilities and capital
  • $459,462Total liabilities
  • $427,727Total deposits
  • $424,290Interest-bearing deposits
  • $409,612Deposits held in domestic offices
  • 424290.00%% insured (estimated)
  • $99Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $500Subordinated debt
  • $0All other liabilities
  • $2,937Total equity capital
  • $2,937Total bank equity capital
  • $31,735Perpetual preferred stock
  • $0Common stock
  • $12Surplus
  • $12,363Undivided profits
  • Memoranda
  • $19,360Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,878Income earned, not collected on loans
  • $1,647Earning assets
  • $429,848Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $397,141Average Assets, quarterly
  • $452,532Volatile liabilities
  • $22,853Insider loans
  • $0FHLB advances
  • $500Loans and leases held for sale
  • $0Unused loan commitments
  • $20,571Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $31,735Total risk weighted assets
  • $256,433Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $29,620Total interest expense
  • $17,065Net interest income
  • $12,555Provision for loan and lease losses
  • $1,055Total noninterest income
  • $1,585Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $1,585Total noninterest expense
  • $7,253Salaries and employee benefits
  • $3,492Premises and equipment expense
  • $1,543Additional noninterest expense
  • $2,218Pre-tax net operating income
  • $5,832Securities gains (losses)
  • $38Applicable income taxes
  • $3,035Income before extraordinary items
  • $2,835Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,835Net charge-offs
  • $469Cash dividends
  • $1,250Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.96%Cost of funding earning assets
  • 4.58%Net interest margin
  • 3.37%Noninterest income to earning assets
  • 0.43%Noninterest expense to earning assets
  • 1.95%Net operating income to assets
  • 0.71%Return on assets (ROA)
  • 0.71%Pretax return on assets
  • 1.48%Return on equity (ROE)
  • 9.90%Retained earnings to average equity (YTD only)
  • 5.53%Net charge-offs to loans
  • 0.16%Credit loss provision to net charge-offs
  • 224.95%Efficiency ratio
  • 49,936Assets per employee
  • 0.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 44.09%Loss allowance to loans
  • 0.84%Loss allowance to noncurrent loans
  • 155.06%Noncurrent assets plus other real estate owned to assets
  • 1.21%Noncurrent loans to loans
  • 0.54%Net loans and leases to deposits
  • 80.97%Net loans and leases to core deposits
  • 85.47%Equity capital to assets
  • 6.91%Core capital (leverage) ratio
  • 6.93%Tier 1 risk-based capital ratio
  • 12.38%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $397,141Average earning assets
  • $28,643Average equity
  • $372,227Average loans

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