The Connecticut Bank And Trust Company
Hartford, CT — Domestic Branch of a Domestic Bank
Acquired Apr 2012
Vitals
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Total Assets278.2M 1.7 %
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Total Deposits217.2M 2.1 %
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Total Net Loans210.7M -3.3 %
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Net Income-1439000.0000 -278.5 %
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Book Value22.0M -13.6 %
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Book Value x244.1M -13.6 %
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Book Value x366.2M -13.6 %
Balance Sheet Highlights
| Financial Highlights | The Connecticut Bank And Trust Company | All Insured Commercial Banks in Connecticut |
| Balance Sheet $(000) | ||
| Total Assets | 278,192 | 403,712 |
| Total Net Loans | 210,682 | 257,735 |
| Total Deposits | 217,182 | 336,279 |
| Total Equity | 22,050 | 39,092 |
| Profitability | ||
| Net Income | -1,439 | 1,180 |
| Return on Average Assets | -2.07 | .07 |
| Return on Average Equity | -25.346 | .728 |
| Net Interest Margin | 3.544 | 3.649 |
| Efficiency Ratio | 103.798 | 91.854 |
| Noninterest Income/Revenue | 6.896 | 24.587 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 97.007 | 77.092 |
| Securities/Assets | .143 | .171 |
| Total Equity/Total Assets | .079 | .097 |
| Tangible Equity/Tangible Assets | .059 | .09 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 20,965 | 35,766 |
| Tier 2 Capital | 2,704 | 3,200 |
| Total Capital | 23,669 | 38,960 |
| Total Risk Weighted Assets | 215,089 | 261,862 |
| Leverage Ratio | 7.56 | 9.342 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 9.75 | 14.516 |
| Total Capital Ratio | 11 | 15.737 |
Timeline for The Connecticut Bank And Trust Company
Berkshire Bank
The Connecticut Bank And Trust Company was acquired by Berkshire Bank 12 years
View Profile Apr 20 2012
The Connecticut Bank And Trust Company
The Connecticut Bank And Trust Company was established 20 years ago and is currently headquartered in Hartford, CT.
Mar 12 2004| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Berkshire Bank | Buyer | 7,893,906 | Acquisition | Discontinued | 4/20/2012 |
| Relationships | Role | Relationship Start | Relationship End |
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