Vitals
  • Total Assets
    2.5B -1.3 %
  • Total Deposits
    1.6B 0.9 %
  • Total Net Loans
    1.7B 4.5 %
  • Net Income
  • Book Value
    180.0M -24.4 %
  • Book Value x2
    360.0M -24.4 %
  • Book Value x3
    540.0M -24.4 %
ROAA

ROAE

Efficiency Ratio

267.064

Net Interest Margin

3.256

Balance Sheet Highlights
Financial Highlights The Savings Bank Of Manchester All Insured Savings Banks in Connecticut
Balance Sheet $(000)
Total Assets 2,527,445 891,388
Total Net Loans 1,662,808 532,203
Total Deposits 1,631,801 661,987
Total Equity 179,999 90,108
Profitability
Net Income — 6,199
Return on Average Assets — .891
Return on Average Equity — 9.676
Net Interest Margin 3.256 3.537
Efficiency Ratio 267.064 82.906
Noninterest Income/Revenue 13.419 12.042
Balance Sheet Ratios
Loan-to-Deposit 101.9 82.188
Securities/Assets .261 .305
Total Equity/Total Assets .071 .101
Tangible Equity/Tangible Assets .06 .075
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 148,273 82,389
Tier 2 Capital 17,148 6,473
Total Capital 165,421 88,861
Total Risk Weighted Assets 1,687,771 548,381
Leverage Ratio 5.94 10.321
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 8.79 16.493
Total Capital Ratio 9.8 17.764

Timeline for The Savings Bank Of Manchester

Newalliance Bank

The Savings Bank Of Manchester was acquired by Newalliance Bank 20 years

View Profile Apr 01 2004

First Federal Savings And Loan Association Of East Hartford

Acquisition: The Savings Bank Of Manchester acquired a new subsidiary, First Federal Savings And Loan Association Of East Hartford, 22 years

View Profile Sep 01 2001

Savings Bank Of Manchester Mortgage Company, Inc.

Savings Bank Of Manchester Mortgage Company, Inc. became a new subsidiary organization for The Savings Bank Of Manchester.

View Profile Mar 01 1999

Connecticut Bankshares, M.H.C.

Connecticut Bankshares, M.H.C. became a new parent organization for The Savings Bank Of Manchester.

View Profile Jul 29 1996

923 Main, Inc.

923 Main, Inc. became a new subsidiary organization for The Savings Bank Of Manchester.

View Profile Jul 29 1996

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Complete timeline for The Savings Bank Of Manchester is available.

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Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Newalliance Bank Buyer 9,033,198 Acquisition Discontinued 4/1/2004
First Federal Savings And Loan Association Of East Hartford Seller 1,100,536 Acquisition Discontinued 9/1/2001
Relationships Role Relationship Start Relationship End
Connecticut Bankshares, M.H.C. Parent 7/29/1996 2/29/2000
923 Main, Inc. Subsidary 7/29/1996 3/31/2004
Savings Bank Of Manchester Mortgage Company, Inc. Subsidary 3/1/1999 3/31/2004
Sbm, Ltd. Subsidary 7/29/1996 8/31/2001
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