Vitals
  • Total Assets
    4.5B -7.6 %
  • Total Deposits
    3.2B -16.1 %
  • Total Net Loans
    3.1B 2.5 %
  • Net Income
    29.0M 7.1 %
  • Book Value
    343.0M -0.2 %
  • Book Value x2
    686.0M -0.2 %
  • Book Value x3
    1.0B -0.2 %
ROAA

1.269

ROAE

15.284

Efficiency Ratio

40.037

Net Interest Margin

2.742

Balance Sheet Highlights
Financial Highlights Citizens Bank Of Connecticut All Insured Savings Banks in Connecticut
Balance Sheet $(000)
Total Assets 4,479,429 957,838
Total Net Loans 3,108,393 704,811
Total Deposits 3,160,621 718,894
Total Equity 343,014 105,277
Profitability
Net Income 28,984 3,032
Return on Average Assets 1.269 .671
Return on Average Equity 15.284 5.661
Net Interest Margin 2.742 3.193
Efficiency Ratio 40.037 74.814
Noninterest Income/Revenue 16.14 11.607
Balance Sheet Ratios
Loan-to-Deposit 98.348 93.943
Securities/Assets .241 .222
Total Equity/Total Assets .077 .11
Tangible Equity/Tangible Assets .061 .013
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 295,740 98,970
Tier 2 Capital 27,358 7,944
Total Capital 323,098 107,310
Total Risk Weighted Assets 3,063,992 670,301
Leverage Ratio 6.63 11.322
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 9.65 17.238
Total Capital Ratio 10.55 18.434

Timeline for Citizens Bank Of Connecticut

Citizens Bank, National Association

Citizens Bank Of Connecticut was acquired by Citizens Bank, National Association 16 years

View Profile Sep 01 2007

Cbct Investors Corp

Cbct Investors Corp became a new subsidiary organization for Citizens Bank Of Connecticut.

View Profile Oct 01 1997

The Bank Of New Haven

Acquisition: Citizens Bank Of Connecticut acquired a new subsidiary, The Bank Of New Haven, 26 years

View Profile Aug 29 1997

Sunkiss Realty

Sunkiss Realty became a new subsidiary organization for Citizens Bank Of Connecticut.

View Profile Aug 28 1997

Virtue Realty, Ltd

Virtue Realty, Ltd became a new subsidiary organization for Citizens Bank Of Connecticut.

View Profile Aug 28 1997

Want to see more?

Complete timeline for Citizens Bank Of Connecticut is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Citizens Bank, National Association Buyer 114,604,518 Pooling of Interests Discontinued 9/1/2007
The Bank Of New Haven Seller 352,282 Acquisition Discontinued 8/29/1997
The City Savings Bank Of Middletown Seller Discontinued 10/1/1983
Cromwell Savings Bank Seller Discontinued 10/1/1975
Relationships Role Relationship Start Relationship End
Citizens Financial Group, Inc. Parent 11/6/1996 8/31/2007
Connecticut Realty Investors, Inc. Subsidary 6/30/2007 8/31/2007
Connecticut Financial Realty Corporation Subsidary 6/30/2007 8/31/2007
Sunkiss Realty Subsidary 6/30/2007 8/31/2007
Connecticut Realty Investors, Inc. Subsidary 11/6/1996 6/29/2007
Connecticut Financial Realty Corporation Subsidary 11/6/1996 6/29/2007
Sunkiss Realty Subsidary 8/28/1997 6/29/2007
Vantislife Insurance Company Subsidary 9/1/2001 8/26/2003
Meadow Development Corporation Subsidary 11/6/1996 12/20/2002
Leesville Road Realty, Inc. Subsidary 11/6/1996 12/20/2002
River Park Development Corporation Subsidary 11/6/1996 8/31/2001
Virtue Realty, Ltd Subsidary 8/28/1997 8/31/2001
Vantislife Insurance Company Subsidary 11/6/1996 8/31/2001
Cbct Investors Corp Subsidary 10/1/1997 9/29/1999
Similar Organizations
Organization City State Total Assets
Salem Five Cents Savings Bank
 		Salem MA 4.1B
Liberty Bank
 		Middletown CT 4.5B
Oritani Bank
 		Township Of Washington NJ 3.8B
Middlesex Savings Bank
 		Natick MA 4.4B
Nexbank, Ssb
 		Dallas TX 4.0B
Bangor Savings Bank
 		Bangor ME 3.6B
Cambridge Savings Bank
 		Cambridge MA 3.5B
Ridgewood Savings Bank
 		Ridgewood NY 5.3B
Dime Community Bank
 		Brooklyn NY 5.8B
Beneficial Bank
 		Philadelphia PA 5.6B