Peoples Savings Bank & Trust in New Britain, Connecticut (CT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 31, 1997

  • Peoples Savings Bank & Trust in New Britain, Connecticut (CT)
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Peoples Savings Bank & Trust - Overview

  • General
  • FDIC Certificate #: 18211
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Webster Bank, National Association (#18221)
    Federal Reserve ID: 462907
    Date Established: May 01, 1907
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 9 (Interstate: No)
    OTS Docket #: 7718
    FDIC's unique #: 12131
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 01, 1960
    Last Structure Change Effective Date: July 31, 1997
    Last Structure Change Process Date: September 05, 1997
    Last Data Update: September 05, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 123 Broad Street, New Britain, CT 6050
    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: $465.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $127Total assets
  • $483,522Cash and due from depository institutions
  • $5,113Interest-bearing balances
  • $0Securities
  • $202,925Federal funds sold & reverse repurchase agreements
  • $4,500Net loans & leases
  • $259,234Loan loss allowance
  • $1,577Trading account assets
  • $0Bank premises and fixed assets
  • $2,136Other real estate owned
  • $223Goodwill and other intangibles
  • $6,385Life insurance assets
  • $3,006All other assets
  • $0Total liabilities and capital
  • $483,522Total liabilities
  • $438,931Total deposits
  • $361,433Interest-bearing deposits
  • $352,418Deposits held in domestic offices
  • 361433.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $21,500Trading liabilities
  • $0Other borrowed funds
  • $52,924Subordinated debt
  • $0All other liabilities
  • $3,074Total equity capital
  • $3,074Total bank equity capital
  • $44,591Perpetual preferred stock
  • $0Common stock
  • $2,444Surplus
  • $21,033Undivided profits
  • Memoranda
  • $21,114Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,549Income earned, not collected on loans
  • $1,406Earning assets
  • $466,659Long-term assets (5+ years)
  • $200,843Average Assets, year-to-date
  • $439,849Average Assets, quarterly
  • $472,311Volatile liabilities
  • $84,515Insider loans
  • $2,338FHLB advances
  • $0Loans and leases held for sale
  • $1,143Unused loan commitments
  • $16,125Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $40,928Total risk weighted assets
  • $225,996Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $30,679Total interest expense
  • $16,565Net interest income
  • $14,114Provision for loan and lease losses
  • $938Total noninterest income
  • $2,507Fiduciary activities
  • $1,419Service charges on deposit accounts
  • $449Trading account gains & fees
  • $0Additional noninterest income
  • $639Total noninterest expense
  • $9,600Salaries and employee benefits
  • $4,874Premises and equipment expense
  • $2,000Additional noninterest expense
  • $2,726Pre-tax net operating income
  • $6,083Securities gains (losses)
  • -$20Applicable income taxes
  • $2,007Income before extraordinary items
  • $4,056Extraordinary gains - net
  • $0Net income attributable to bank
  • $4,056Net charge-offs
  • $939Cash dividends
  • $700Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.28%Cost of funding earning assets
  • 3.93%Net interest margin
  • 3.35%Noninterest income to earning assets
  • 0.59%Noninterest expense to earning assets
  • 2.28%Net operating income to assets
  • 0.93%Return on assets (ROA)
  • 0.92%Pretax return on assets
  • 1.38%Return on equity (ROE)
  • 9.53%Retained earnings to average equity (YTD only)
  • 7.89%Net charge-offs to loans
  • 0.37%Credit loss provision to net charge-offs
  • 99.89%Efficiency ratio
  • 55,454Assets per employee
  • 3.81%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 17.26%Loss allowance to loans
  • 0.60%Loss allowance to noncurrent loans
  • 101.81%Noncurrent assets plus other real estate owned to assets
  • 0.37%Noncurrent loans to loans
  • 0.59%Net loans and leases to deposits
  • 71.72%Net loans and leases to core deposits
  • 77.62%Equity capital to assets
  • 9.22%Core capital (leverage) ratio
  • 8.73%Tier 1 risk-based capital ratio
  • 18.11%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $439,849Average earning assets
  • $42,541Average equity
  • $421,688Average loans
1
Jennifer Gable
⚠
Good afternoon,
How can I obtain financial documents and transaction codes from 1992-1998 ?
Thank you,
Jennifer Gable (Justeson)

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