Vitals
  • Total Assets
    710.5M -17.1 %
  • Total Deposits
    593.6M -1.4 %
  • Total Net Loans
    503.3M 1.4 %
  • Net Income
    4.6M -40.7 %
  • Book Value
    66.2M 4.8 %
  • Book Value x2
    132.3M 4.8 %
  • Book Value x3
    198.5M 4.8 %
ROAA

.718

ROAE

9.703

Efficiency Ratio

58.263

Net Interest Margin

3.22

Balance Sheet Highlights
Financial Highlights Newmil Bank All Insured Savings Banks in Connecticut
Balance Sheet $(000)
Total Assets 710,477 933,390
Total Net Loans 503,341 674,788
Total Deposits 593,564 685,969
Total Equity 66,170 101,166
Profitability
Net Income 4,596 6,290
Return on Average Assets .718 .809
Return on Average Equity 9.703 6.934
Net Interest Margin 3.22 3.427
Efficiency Ratio 58.263 69.314
Noninterest Income/Revenue 8.359 10.657
Balance Sheet Ratios
Loan-to-Deposit 84.8 94.898
Securities/Assets .108 .242
Total Equity/Total Assets .093 .108
Tangible Equity/Tangible Assets .082 .031
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 58,576 94,685
Tier 2 Capital 4,734 7,239
Total Capital 63,310 102,121
Total Risk Weighted Assets 441,043 639,955
Leverage Ratio 7.14 11.198
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 13.28 17.312
Total Capital Ratio 14.35 18.501

Timeline for Newmil Bank

Webster Bank, National Association

Newmil Bank was acquired by Webster Bank, National Association 17 years

View Profile Oct 07 2006

Nutmeg Federal Savings And Loan Association

Acquisition: Newmil Bank acquired a new subsidiary, Nutmeg Federal Savings And Loan Association, 23 years

View Profile Nov 10 2000

Newmil Mortgage Company

Newmil Mortgage Company became a new subsidiary organization for Newmil Bank.

View Profile Jan 01 1999

Newmil Asset Company

Newmil Asset Company became a new subsidiary organization for Newmil Bank.

View Profile Apr 23 1993

Asset Recovery Management Company

Asset Recovery Management Company became a new subsidiary organization for Newmil Bank.

View Profile May 29 1992

Want to see more?

Complete timeline for Newmil Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Webster Bank, National Association Buyer 25,621,913 Acquisition Discontinued 10/7/2006
Nutmeg Federal Savings And Loan Association Seller 124,725 Acquisition Discontinued 11/10/2000
Relationships Role Relationship Start Relationship End
Newmil Bancorp, Inc. Parent 10/19/1987 10/6/2006
Newmil Mortgage Company Subsidary 1/1/1999 10/6/2006
Asset Recovery Management Company Subsidary 5/29/1992 8/31/2001
Newmil Asset Company Subsidary 4/23/1993 8/31/2001
Great Country Bank Subsidary 5/22/1992 12/15/1995
Great Country Bank Subsidary 3/31/1992 5/21/1992
Great Country Bank Subsidary 9/30/1991 3/30/1992
Great Country Bank Subsidary 6/30/1990 9/29/1991
Cenvest, Inc. Subsidary 6/30/1989 12/13/1990
Superior Savings Of New England, National Association Subsidary 12/31/1989 11/30/1990
West Newton Savings Bank Subsidary 6/30/1989 10/31/1990
West Mass Bankshares, Inc. Subsidary 12/31/1989 6/30/1990
Taylor House Investment Management, Inc. Subsidary 10/19/1987 6/30/1990
Westconn Realty Company Subsidary 10/19/1987 6/30/1990
Great Country Bank Subsidary 6/30/1989 6/29/1990
Midconn Bank Subsidary 6/30/1989 12/31/1989
People's Savings Financial Corp. Subsidary 7/31/1989 12/31/1989
Superior Savings Of New England, National Association Subsidary 6/30/1989 12/30/1989
West Mass Bankshares, Inc. Subsidary 3/25/1988 12/30/1989
Peoples Savings Bank & Trust Subsidary 10/19/1987 7/30/1989
The Brooklyn Savings Bank Subsidary 3/25/1988 6/30/1989
Superior Savings Of New England, National Association Subsidary 10/19/1987 6/29/1989
Great Country Bank Subsidary 6/30/1988 6/29/1989
West Newton Savings Bank Subsidary 3/31/1988 6/29/1989
Midconn Bank Subsidary 10/19/1987 6/29/1989
Cenvest, Inc. Subsidary 12/31/1987 6/29/1989
City Savings Bank Of Meriden Subsidary 10/19/1987 12/1/1988
Ds Bancor, Inc. Subsidary 3/25/1988 6/30/1988
Great Country Bank Subsidary 3/25/1988 6/29/1988
West Newton Savings Bank Subsidary 10/19/1987 3/30/1988
Great Country Bank Subsidary 10/19/1987 3/24/1988
The Brooklyn Savings Bank Subsidary 12/31/1987 3/24/1988
West Mass Bankshares, Inc. Subsidary 12/31/1987 3/24/1988
Ds Bancor, Inc. Subsidary 12/31/1987 3/24/1988
The Brooklyn Savings Bank Subsidary 10/19/1987 12/30/1987
West Mass Bankshares, Inc. Subsidary 10/19/1987 12/30/1987
Ds Bancor, Inc. Subsidary 10/19/1987 12/30/1987
Cenvest, Inc. Subsidary 10/19/1987 12/30/1987
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