Vitals
  • Total Assets
    426.4M 1.4 %
  • Total Deposits
    339.7M 2.7 %
  • Total Net Loans
    269.4M -4.5 %
  • Net Income
  • Book Value
    33.3M -1.1 %
  • Book Value x2
    66.6M -1.1 %
  • Book Value x3
    99.8M -1.1 %
ROAA

ROAE

Efficiency Ratio

284.429

Net Interest Margin

3.103

Balance Sheet Highlights
Financial Highlights Tolland Bank All Insured Savings Banks in Connecticut
Balance Sheet $(000)
Total Assets 426,425 891,388
Total Net Loans 269,388 532,203
Total Deposits 339,734 661,987
Total Equity 33,276 90,108
Profitability
Net Income — 6,199
Return on Average Assets — .891
Return on Average Equity — 9.676
Net Interest Margin 3.103 3.537
Efficiency Ratio 284.429 82.906
Noninterest Income/Revenue 8.808 12.042
Balance Sheet Ratios
Loan-to-Deposit 79.294 82.188
Securities/Assets .247 .305
Total Equity/Total Assets .078 .101
Tangible Equity/Tangible Assets .078 .075
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 32,000 82,389
Tier 2 Capital 3,743 6,473
Total Capital 35,743 88,861
Total Risk Weighted Assets 287,230 548,381
Leverage Ratio 7.42 10.321
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 11.14 16.493
Total Capital Ratio 12.44 17.764

Timeline for Tolland Bank

Newalliance Bank

Tolland Bank was acquired by Newalliance Bank 20 years

View Profile Apr 01 2004

Tolland Pic Holding Corporation

Acquisition: Tolland Bank acquired a new subsidiary, Tolland Pic Holding Corporation , 22 years

View Profile Jul 01 2001

Tolland Investment Corporation

Tolland Investment Corporation became a new subsidiary organization for Tolland Bank.

View Profile Jun 29 2001

Tolland Pic Holding Corporation

Tolland Pic Holding Corporation became a new subsidiary organization for Tolland Bank.

View Profile Feb 11 1999

Alliance Bancorp Of New England, Inc.

Alliance Bancorp Of New England, Inc. became a new parent organization for Tolland Bank.

View Profile Oct 03 1997

Want to see more?

Complete timeline for Tolland Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Newalliance Bank Buyer 9,033,198 Acquisition Discontinued 4/1/2004
Tolland Pic Holding Corporation Seller Pooling of Interests Discontinued 7/1/2001
Relationships Role Relationship Start Relationship End
Alliance Bancorp Of New England, Inc. Parent 10/3/1997 3/31/2004
New England Savings Bank Parent 9/16/1987 1/1/1990
Tolland Investment Corporation Subsidary 6/29/2001 3/31/2004
Asset Recovery Systems, Inc. Subsidary 10/3/1997 8/31/2001
Tolland Pic Holding Corporation Subsidary 2/11/1999 6/30/2001
Similar Organizations
Organization City State Total Assets
First Bank Texas, Ssb
 		Baird TX 420.3M
Eagle Bank
 		Everett MA 433.2M
Biddeford Savings Bank
 		Biddeford ME 433.9M
Reliance Savings Bank
 		Altoona PA 434.8M
Phoenixville Federal Bank And Trust
 		Phoenixville PA 415.2M
Beverly Bank
 		Beverly MA 401.6M
Woodsville Guaranty Savings Bank
 		Woodsville NH 453.5M
Bay State Savings Bank
 		Worcester MA 384.9M
Claremont Savings Bank
 		Claremont NH 384.8M
Belmont Savings Bank
 		Bellaire OH 465.7M