Issue link: https://nebusinessmedia.uberflip.com/i/1004054
www.HartfordBusiness.com • July 16, 2018 • Hartford Business Journal 13 Source: Federal Deposit Insurance Corp. Notes: Number of Conn. offices as of June 2018. Deposit and market share data as of June 30, 2017 were previously published in the 2017/2018 Book of Lists. (1) President since Oct. 2015; on Jan. 1, 2018, succeeded CEO James C. Smith upon his retirement. (2) People's United Bank acquired First Connecticut Bancorp Inc., the holding company parent of Farmington Bank, for approximately $544 million, effective June 19, 2018. —Compiled by Heide Martin. THE LIST Largest in-state banks Ranked by deposits as of June 30, 2017 Largest in-state banks (Ranked by deposits as of June 30, 2017) Rank Bank Total deposits in market (000) Market share Assets 3/31/2018 (000) Net loans and leases 3/31/2018 (000) Net Income 3/31/2018 (000) Conn. offices Head of bank/ title Date established 1 Webster Bank 137 Bank St. Waterbury, CT 06702 203-578-2200; public.websteronline.com $17,754,903 13.32% $26,747,931 $17,619,977 $87,762 115 John R. Ciulla (1) President & CEO 1870 2 People's United Bank (2) 850 Main St. Bridgeport, CT 06604 203-338-7001; www.peoples.com $17,179,250 12.89% $43,855,894 $31,915,457 $112,556 150 John P. Barnes President & CEO 1988 3 United Bank 225 Asylum St. Hartford, CT 06103 866-959-2265; www.bankatunited.com $3,678,632 2.76% $7,063,312 $5,418,942 $17,654 34 William H.W. Crawford IV President & CEO 1858 4 Liberty Bank 315 Main St. Middletown, CT 06457 888-570-0773; www.liberty-bank.com $3,575,777 2.68% $4,736,720 $3,550,419 $11,877 55 Chandler J. Howard President & CEO 1825 5 Farmington Bank (2) 1 Farm Glen Blvd. Farmington, CT 06032 877-376-2265; www.farmingtonbankct.com $2,157,089 1.62% $3,137,216 $2,800,351 $6,390 26 John J. Patrick Jr. Chairman, president & CEO 1851 6 Union Savings Bank 226 Main St. Danbury, CT 06810 866-830-4200; www.unionsavings.com $1,680,640 1.26% $2,181,524 $1,704,379 $4,983 26 Cynthia C. Merkle President & CEO 1866 7 Bankwell Bank 208 Elm St. New Canaan, CT 06480 203-972-3838; mybankwell.com $1,418,478 1.06% $1,826,959 $1,534,565 $5,474 12 Christopher Gruseke CEO 2002 8 Fairfield County Bank 150 Danbury Road Ridgefield, CT 06877 877-431-7431; www.fairfieldcountybank.com $1,253,608 0.94% $1,472,431 $1,099,506 $3,283 17 David A. Schneider CEO 1871 9 First County Bank 160 Atlantic St. Stamford, CT 06901 203-462-4400; www.firstcountybank.com $1,058,319 0.79% $1,585,003 $1,211,226 $3,871 16 Reyno A. Giallongo Jr. Chairman & CEO 1851 10 ion Bank 251 Church St. Naugatuck, CT 06770 877-729-4442; ionbank.com $1,011,131 0.76% $1,237,634 $1,022,247 $2,049 17 Charles J. Boulier III President & CEO 1870 11 Savings Institute Bank and Trust Co. 803 Main St. Willimantic, CT 06226 860-423-4581; www.savingsinstitute.bank $936,973 0.70% $1,587,646 $1,264,223 $2,139 19 Rheo A. Brouillard President & CEO 1842 12 Newtown Savings Bank 39 Main St. Newtown, CT 06470 203-426-2563; www.nsbonline.com $884,034 0.66% $1,258,038 $1,032,713 $1,683 14 Kenneth L. Weinstein (3) President & CEO 1855 13 Thomaston Savings Bank 203 Main St. Thomaston, CT 06787 855-344-1874; thomastonsavingsbank.com $862,157 0.65% $1,011,839 $680,427 $1,143 13 Stephen L. Lewis President & CEO 1874 14 Chelsea Groton Bank 1 Franklin Square Norwich, CT 06360 860-448-4200; www.chelseagroton.com $857,384 0.64% $1,082,888 $781,890 $2,406 14 B. Michael Rauh Jr. President & CEO 1854 15 Savings Bank of Danbury 220 Main St. Danbury, CT 06810 203-743-3849; sbdanbury.com $777,390 0.58% $1,032,991 $866,365 $2,169 14 Martin G. Morgado President & CEO 1849 16 Torrington Savings Bank 129 Main St. Torrington, CT 06790 860-496-2152; torringtonsavings.com $670,852 0.50% $831,302 $479,791 $1,255 7 John E. Janco President & CEO 1868 17 Fieldpoint Private Bank & Trust 100 Field Point Road Greenwich, CT 06830 203-413-9300; www.fieldpointprivate.com $608,290 0.46% $913,953 $715,732 $1,107 1 Robert S. Matthews CEO 2008 18 Dime Bank 290 Salem Turnpike Norwich, CT 06360 860-859-4300; dime-bank.com $570,133 0.43% $817,931 $587,289 $2,334 11 Nicholas Caplanson President & CEO 1869 19 The Guilford Savings Bank 1 Park St. Guilford, CT 06437 203-453-2721; www.gsb-yourbank.com $551,530 0.41% $746,912 $543,974 $188 6 Timothy P. Geelan President & CEO 1875 20 Patriot Bank 900 Bedford St. Stamford, CT 06901 203-251-7200; bankpatriot.com $511,696 0.38% $870,505 $718,070 $1,461 8 Michael Carrazza Chairman & CEO 1994 21 Laurel Road Bank (4) 1001 Post Road Darien, CT 06820 203-656-3500; www.laurelroad.com $488,369 0.37% $679,124 $508,108 ($226) 3 Robert K. Kettenmann President & CEO 2006 22 Connecticut Community Bank (5) 1495 Post Road East Westport, CT 06880 203-319-6260; www.ccbankonline.com $424,231 0.32% $459,151 $328,921 $404 9 David W. Tralka President & CEO, InsurBanc 1998 23 The Simsbury Bank & Trust Co. 981 Hopmeadow St. Simsbury, CT 06070 860-658-2265; www.simsburybank.com $418,375 0.31% $514,180 $390,069 $1,168 5 Martin J. Geitz President & CEO 1995 Source: Federal Deposit Insurance Corp. Notes: Number of Conn. offices as of June 2018. Deposit and market share data as of June 30, 2017 were previously published in the 2017/2018 Book of Lists. (1) President since Oct. 2015; on Jan. 1, 2018, succeeded CEO James C. Smith upon his retirement. (2) People's United Bank acquired First Connecticut Bancorp Inc., the holding company parent of Farmington Bank, for approximately $544 million, effective June 19, 2018. (3) Succeeded John Trentacosta upon his retirement, effective Jan. 1, 2018. (4) Formerly known as Darien Rowayton Bank. In April 2018, the bank adopted the name of its online lending division, Laurel Road Bank. (5) Operates the following divisions: Darien Bank & Trust Co., Greenwich Bank & Trust Co., InsurBanc, Norwalk Bank & Trust Co., Stamford Bank & Trust Co. and Westport National Bank. —Compiled by Heide Martin. FOCUS NOMINATE TODAY WWW.HARTFORDBUSINESS.COM/OUREVENTS Do you know of an outstanding family-owned business? Nominate the region's most successful businesses today! Nominations close 8/16 PRESENTING SPONSORS: Local, dedicated, experienced CPA's, helping your business succeed since 1973. 4130 Whitney Avenue, Hamden, CT 06518 • Phone: 203-281-0540 • Fax: 203-287-6788 85 Wolcott Hill Road, Wethersfield, CT 06109 • Phone: 860-529-5600 • Fax: 860-529-5605 CONTACT US TODAY