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10 Hartford Business Journal • July 15, 2019 • www.HartfordBusiness.com FOCUS Source: Federal Deposit Insurance Corp. Notes: Number of Conn. offices as of June 2019. Deposit and market share data as of June 30, 2018 were previously published in the 2018/2019 Book of Lists. Savings Inst. Bank and Trust Co. merged into Boston-based Berkshire Bank on May 17, 2019. Percent market shares on this list factor in Savings Inst. Bank and Trust Co. with 948,567,000 Conn. deposits and 0.70% market share as of June 30, 2018. (1) Figure has been revised since published in our 2018/2019 Book of Lists. (2) People's United Bank acquired First Connecticut Bancorp, holding company of Farmington Bank, in September 2018. Farmington Bank had $3.2 billion in deposits at the time the deal closed. (3) Liberty Bank plans to acquire SBT Bancorp Inc. and its subsidiary, The Simsbury Bank & Trust Company, by fall 2019 pending regulatory approval. (4) Succeeded Chandler J. Howard upon his retirement, effective March 18, 2019. (5) Plans to retire August 2019, to be succeeded by current president and COO, Robert Granata. (6) President since 2017, assumed additional role as CEO upon retirement of Charles J. Boulier III in January 2019. (7) An additional branch currently under construction in Farmington, set to open Fall 2019. (8) On April 3, 2019, KeyBank NA acquired Laurel Road Bank's digital lending business. The Laurel Road brand is unaf- fected and the three Conn. branches were not part of the transaction. (9) 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. THE LIST Largest in-state banks Ranked by deposits as of June 30, 2018 Largest in-state banks (Ranked by deposits as of June 30, 2018) Rank Bank Total deposits in market (000) Market share Assets 3/31/2019 (000) Net loans and leases 3/31/2019 (000) Net Income 3/31/2019 (000) Conn. offices Head of bank/ title Date established 1 Webster Bank 137 Bank St. Waterbury, CT 06702 203-578-2200; public.websteronline.com $18,601,100 13.72% (1) $28,247,116 $18,626,338 $105,927 113 John R. Ciulla President & CEO 1870 2 People's United Bank (2) 850 Main St. Bridgeport, CT 06604 203-338-7001; www.peoples.com $17,462,131 12.88% (1) $47,879,534 $35,302,990 $119,458 155 John P. Barnes President & CEO 1988 3 United Bank 225 Asylum St. Hartford, CT 06103 866-959-2265; www.bankatunited.com $4,051,489 2.99% $7,331,499 $5,713,855 $14,766 36 William H.W. Crawford IV President & CEO 1858 4 Liberty Bank (3) 315 Main St. Middletown, CT 06457 888-570-0773; www.liberty-bank.com $3,621,989 2.67% $5,144,466 $3,914,639 $22,700 55 David W. Glidden (4) President & CEO 1825 5 Union Savings Bank 226 Main St. Danbury, CT 06810 866-872-1866; www.unionsavings.com $1,664,282 1.23% $2,151,621 $1,699,960 $5,861 26 Cynthia C. Merkle President & CEO 1866 6 Bankwell Bank 208 Elm St. New Canaan, CT 06480 203-972-3838; mybankwell.com $1,470,928 1.09% (1) $1,894,700 $1,578,609 $5,927 13 Christopher Gruseke CEO 2002 7 Fairfield County Bank 150 Danbury Road Ridgefield, CT 06877 877-431-7431; www.fairfieldcountybank.com $1,197,084 0.88% $1,560,155 $1,082,609 $2,892 16 David A. Schneider CEO 1871 8 First County Bank 117 Prospect St. Stamford, CT 06901 203-462-4400; www.firstcountybank.com $1,094,216 0.81% $1,697,353 $1,306,976 $2,380 17 Reyno A. Giallongo Jr. (5) Chairman & CEO 1851 9 ion Bank 251 Church St. Naugatuck, CT 06770 877-729-4442; ionbank.com $1,051,989 0.78% $1,328,900 $1,075,015 $2,965 18 David J. Rotatori (6) President & CEO 1870 10 Newtown Savings Bank 39 Main St. Newtown, CT 06470 203-426-2563; www.nsbonline.com $972,508 0.72% $1,324,775 $1,062,552 $1,760 14 Kenneth L. Weinstein President & CEO 1855 11 Chelsea Groton Bank 1 Franklin Square Norwich, CT 06360 860-448-4200; www.chelseagroton.com $895,145 0.66% $1,135,350 $830,594 $6,030 14 B. Michael Rauh Jr. President & CEO 1854 12 Thomaston Savings Bank 203 Main St. Thomaston, CT 06787 855-344-1874; thomastonsavingsbank.com $893,175 0.66% $1,083,579 $702,320 $1,752 13 (7) Stephen L. Lewis President & CEO 1874 13 Savings Bank of Danbury 220 Main St. Danbury, CT 06810 203-743-3849; sbdanbury.com $803,260 0.59% $1,076,708 $900,364 $3,011 15 Martin G. Morgado President & CEO 1849 14 Torrington Savings Bank 129 Main St. Torrington, CT 06790 860-496-2152; torringtonsavings.com $668,893 0.49% $828,937 $506,299 $2,685 7 John E. Janco President & CEO 1868 15 Patriot Bank 999 Bedford St. Stamford, CT 06905 203-251-7200; bankpatriot.com $668,125 0.49% $953,263 $780,713 $886 8 Michael Carrazza Chairman & CEO 1994 16 The Guilford Savings Bank 1 Park St. Guilford, CT 06437 203-453-2721; www.gsb-yourbank.com $585,209 0.43% $804,997 $595,794 $1,956 6 Timothy P. Geelan President & CEO 1875 17 Dime Bank 290 Salem Turnpike Norwich, CT 06360 860-859-4300; dime-bank.com $583,829 0.43% $850,543 $622,524 $1,452 11 Nicholas Caplanson President & CEO 1869 18 Fieldpoint Private Bank & Trust 100 Field Point Road Greenwich, CT 06830 203-413-9300; www.fieldpointprivate.com $571,114 0.42% $909,111 $739,708 $1,243 1 Robert S. Matthews CEO 2008 19 Laurel Road Bank (8) 1001 Post Road Darien, CT 06820 203-656-3500; www.laurelroad.com $515,139 0.38% $473,721 $235,815 ($2,491) 3 Gary Lieberman Chairman & founder 2006 20 The Simsbury Bank & Trust Co. (3) 981 Hopmeadow St. Simsbury, CT 06070 860-658-2265; www.simsburybank.com $439,644 0.32% $507,515 $383,318 $1,306 5 Martin J. Geitz President & CEO 1995 21 Connecticut Community Bank (9) 1495 Post Road East Westport, CT 06880 203-319-6260; www.ccbankonline.com $428,238 0.32% $456,822 $319,812 $389 9 David W. Tralka President & CEO, InsurBanc 1998 22 Salisbury Bank & Trust Co. 5 Bissell St. Lakeville, CT 06039 860-435-9801; www.salisburybank.com $422,345 0.31% $1,118,923 $911,188 $2,628 4 Richard J. Cantele Jr. President & CEO 1874 23 Windsor Federal Savings & Loan 250 Broad St. Windsor, CT 06095 860-688-8511; www.windsorfederal.com $389,259 0.29% $518,555 $391,445 $920 7 George Hermann President & CEO 1935 Source: Federal Deposit Insurance Corp. Notes: Number of Conn. offices as of June 2019. Deposit and market share data as of June 30, 2018 were previously published in the 2018/2019 Book of Lists. Savings Inst. Bank and Trust Co. merged into Boston-based Berkshire Bank on May 17, 2019. Percent market shares on this list factor in Savings Inst. Bank and Trust Co. with 948,567,000 Conn. deposits and 0.70% market share as of June 30, 2018. (1) Figure has been revised since published in our 2018/2019 Book of Lists. (2) People's United Bank acquired First Connecticut Bancorp, holding company of Farmington Bank, in September 2018. Farmington Bank had $3.2 billion in deposits at the time the deal closed. (3) Liberty Bank plans to acquire SBT Bancorp Inc. and its subsidiary, The Simsbury Bank & Trust Company, by fall 2019 pending regulatory approval. (4) Succeeded Chandler J. Howard upon his retirement, effective March 18, 2019. (5) Plans to retire August 2019, to be succeeded by current president and COO, Robert Granata. (6) President since 2017, assumed additional role as CEO upon retirement of Charles J. Boulier III in January 2019. (7) An additional branch currently under construction in Farmington, set to open Fall 2019. (8) On April 3, 2019, KeyBank NA acquired Laurel Road Bank's digital lending business. The Laurel Road brand is unaffected and the three Conn. branches were not part of the transaction. (9) 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.