Eagle Bank in city_name, state_name - Detailed Financial Reports, Location

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

Eagle Bank - Overview

General
FDIC Certificate #: 28052
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Webster Bank, National Association (#18221)
Federal Reserve ID: 739476
Date Established: January 01, 1919
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 804
FDIC's unique #: 40886
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: July 23, 1945
Last Structure Change Effective Date: April 15, 1998
Last Structure Change Process Date: April 28, 1998
Last Data Update: April 28, 1998
Data Source Date: April 05, 2012
Location
Address: 222 Main Street, 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)
Financial Summary
Total assets: $2,263.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
406Total employees (full-time equivalent)
$2,160,674Total assets
$40,889Cash and due from depository institutions
$1,150Interest-bearing balances
$901,761Securities
$0Federal funds sold & reverse repurchase agreements
$1,127,410Net loans & leases
$9,746Loan loss allowance
$0Trading account assets
$13,709Bank premises and fixed assets
$2,895Other real estate owned
$29,375Goodwill and other intangibles
$0Life insurance assets
$44,635All other assets
$2,160,674Total liabilities and capital
$1,964,617Total liabilities
$1,392,538Total deposits
$1,316,005Interest-bearing deposits
$1,392,538Deposits held in domestic offices
0.00%% insured (estimated)
$75,958Federal funds purchased & repurchase agreements
$0Trading liabilities
$487,461Other borrowed funds
$0Subordinated debt
$8,660All other liabilities
$196,057Total equity capital
$196,057Total bank equity capital
$196,057Perpetual preferred stock
$0Common stock
$1Surplus
$120,002Undivided profits
Memoranda
$76,054Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$5,419Earning assets
$0Long-term assets (5+ years)
$6,616Average Assets, year-to-date
$2,030,321Average Assets, quarterly
$0Volatile liabilities
$1,846,925Insider loans
$2,128,741FHLB advances
$729,344Loans and leases held for sale
$3,758Unused loan commitments
$487,311Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$90,821Total unused commitments
$0Restructured Loans and leases
$935,792Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$131,314Total interest income
$75,333Total interest expense
$55,981Net interest income
$8,403Provision for loan and lease losses
$7,467Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$7,467Additional noninterest income
$37,304Total noninterest expense
$16,658Salaries and employee benefits
$8,145Premises and equipment expense
$12,501Additional noninterest expense
$17,741Pre-tax net operating income
$152Securities gains (losses)
$7,671Applicable income taxes
$10,222Income before extraordinary items
$0Extraordinary gains - net
$10,222Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$8,865Sale, conversion, retirement of capital stock, net
$3,182Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.58%Yield on earning assets
4.35%Cost of funding earning assets
3.23%Net interest margin
0.43%Noninterest income to earning assets
2.15%Noninterest expense to earning assets
0.55%Net operating income to assets
0.55%Return on assets (ROA)
0.97%Pretax return on assets
6.58%Return on equity (ROE)
4.53%Retained earnings to average equity (YTD only)
0.87%Net charge-offs to loans
94.79%Credit loss provision to net charge-offs
2.95%Efficiency ratio
54,410Assets per employee
5.32%Cash dividends to net income (YTD only)
Condition Ratios (%)
31.13%Loss allowance to loans
0.86%Loss allowance to noncurrent loans
179.85%Noncurrent assets plus other real estate owned to assets
0.38%Noncurrent loans to loans
0.48%Net loans and leases to deposits
80.96%Net loans and leases to core deposits
91.91%Equity capital to assets
9.07%Core capital (leverage) ratio
7.65%Tier 1 risk-based capital ratio
17.40%Total risk-based capital ratio
Memoranda
$18Average assets
$1,846,925Average earning assets
$155,333Average equity
$1,732,509Average loans

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

Eagle Bank - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

Comment about this bank, ask questions, or add new information about it:

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

Eagle Bank - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

Comment about this bank, ask questions, or add new information about it:

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