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
No
ID
Name
Address
Established
Service Type
Map
0
46135
Prudential Bank & Trust, Fsb
280 Trumbull Street, Hartford, CT 6103
August 07, 1989
Full Service Brick and Mortar
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