Book of Lists 2014
Banking & Finance
14 Hartford Business Journal • septemBer 22, 2014 www.HartfordBusiness.com
Total loans/leases of top 25
local banks (in 000s)
2014................ $55,509,908
2013................ $50,707,870
% Change ................... 9.5%
How the top 5 fared:
Total deposits (billions)
14
Webster
Bank
NA
People's
United
Bank
Liberty
Bank
Union
Savings
Bank
United
Bank
2013
2014
6.1%
3.3%
3.9%
5.9%
6.5%
6
10
2
12
8
4
Largest in-state banks
(Ranked by deposits as of June 30, 2013)
Rank Company
Total
deposits
in market
(000)
Market
share
Assets
Q4 2013
(000)
Net loans
and leases
12/31/2013
(000)
Net Income
12/31/2013
(000)
Connecticut
offices
Head of
bank/
Title
Date
established
1
Webster Bank NA
137 Bank St.
Waterbury, CT 06702
203-578-2230;
www.websterbank.com
$12,881,871 12.03% $20,830,913 $12,568,017 $193,545 124
James C.
Smith,
Chairman &
CEO
1870
2
People's United Bank
850 Main St.
Bridgeport, CT 06604
203-338-7171;
www.peoples.com
$11,340,379 10.59% $32,973,830 $24,266,327 $246,166 165
John P.
Barnes,
President &
CEO
1988
3
Liberty Bank
315 Main St.
Middletown, CT 06457
860-344-7200; www.liberty-
bank.com
$2,887,937 2.70% $3,589,602 $2,632,673 $30,237 49
Chandler J.
Howard,
President &
CEO
1825
4
Union Savings Bank
226 Main St.
Danbury, CT 06810
203-830-4200;
www.unionsavings.com
$1,732,315 1.62% $2,298,271 $1,675,784 $3,357 27
Francis G.
Dattalo (1),
CEO
1866
5
United Bank (2)
45 Glastonbury Blvd.
Glastonbury, CT 06033
860-291-3600;
www.bankatunited.com,
www.rockvillebank.com
$1,619,825 1.51% $2,302,101 $1,697,825 $18,152 59
William H.W.
Crawford,
President &
CEO
NA
6
Farmington Bank
1 Farm Glen Blvd.
Farmington, CT 06032
860-676-4600;
www.farmingtonbankct.com
$1,496,991 1.40% $2,106,799 $1,804,298 $4,687 26
John J. Patrick
Jr.,
Chairman,
President &
CEO
1851
7
Fairfield County Bank
150 Danbury Rd.
Ridgefield, CT 06877
203-438-6518;
fairfieldcountybank.com
$1,304,857 1.22% $1,478,365 $1,136,621 $10,226 19
David A.
Schneider,
CEO
1871
8
First County Bank
160 Atlantic St.
Stamford, CT 06901
203-462-4400;
www.firstcountybank.com
$1,010,232 0.94% $1,353,077 $909,414 $2,954 15
Reyno A.
Giallongo Jr.,
Chairman &
CEO
1851
9
ion Bank (3)
251 Church St.
Naugatuck, CT 06770
877-729-4442; ionbank.com
$788,660 0.74% $963,204 $783,373 $1,916 23
Charles J.
Boulier, III,
President &
CEO
1870
10
Newtown Savings Bank
39 Main St.
Newtown, CT 06470
203-426-2563;
www.newtownsavingsbank.com
$750,545 0.70% $977,310 $811,669 $2,107 19
John
Trentacosta,
President &
CEO
1855
11
Chelsea Groton Bank
1 Franklin Sq.
Norwich, CT 06360
860-823-4800;
www.chelseagroton.com
$738,016 0.69% $933,422 $592,020 $4,750 14
B. Michael
Rauh,
President &
CEO
1854
12
Savings Institute Bank and
Trust Co.
803 Main St.
Willimantic, CT 06226
860-423-4581;
www.savingsinstitute.com
$717,403 0.67% $1,334,783 $1,049,504 $480 21
Rheo A.
Brouillard,
President &
CEO
1842
13
Torrington Savings Bank
129 Main St.
Torrington, CT 06790
860-496-2152;
www.torringtonsavings.com
$658,537 0.61% $794,475 $352,638 $4,087 8
Jeffrey A.
Lalonde,
CEO
1868
14
Savings Bank of Danbury
220 Main St.
Danbury, CT 06810
203-743-3849;
www.sbdanbury.com
$656,480 0.61% $818,445 $677,775 $3,722 17
Kathleen
Romagnano,
President &
CEO
1849
15
Thomaston Savings Bank
203 Main St.
Thomaston, CT 06787
860-283-1874;
www.thomastonsavingsbank.com
$624,810 0.58% $777,191 $567,537 $3,218 10
Stephen L.
Lewis,
President &
CEO
1874
16
Dime Bank
290 Salem Tpke.
Norwich, CT 06360
860-859-4300; www.dime-
bank.com
$482,066 0.45% $736,864 $504,187 $3,169 10
Nicholas
Caplanson,
President &
CEO
1869
17
Connecticut Community Bank
NA (4)
1495 Post Rd. East
Westport, CT 06880
203-319-6260;
www.ccbankonline.com
$475,898 0.44% $500,530 $303,079 ($14,192) 10
David W.
Tralka,
President &
CEO
1998
18
Patriot National Bank
900 Bedford St.
Stamford, CT 06901
203-251-7200; www.pnbk.com
$448,854 0.42% $540,553 $418,148 ($6,928) 8
Kenneth T.
Neilson,
President &
CEO
1994
19
Fieldpoint Private Bank & Trust
100 Field Point Rd.
Greenwich, CT 06830
203-413-9300;
www.fieldpointprivate.com
$448,374 0.42% $651,790 $426,291 ($264) 1
Robert S.
Matthews,
CEO
2008
20
Guilford Savings Bank
1 Park St.
Guilford, CT 06437
203-453-2721; www.gsb-
yourbank.com
$438,483 0.41% $559,633 $352,743 $2,838 7
Timothy P.
Geelan,
President &
CEO
1875
Source: Federal Deposit Insurance Corp. website: www.fdic.gov
(1) Cynthia C. Merkle, current president, will replace Dattalo as CEO upon his retirement on December 31, 2014.
(2) Merged with Rockville Bank in 2014. Data for former Rockville Bank. Number of locations updated since merger.
(3) Formerly Naugatuck Savings Bank; rebranded in October, 2013.
(4) On April 1, 2013, Connecticut Community Bank NA acquired InsurBanc, based in Farmington, CT.
—Compiled by Roger Magnus and Heide Martin.
