Issue link: https://nebusinessmedia.uberflip.com/i/508704
www.HartfordBusiness.com May 11, 2015 • Hartford Business Journal 11 To view the full list, please visit HartfordBusiness.com THE LIST Largest in-state banks (Ranked by deposits as of June 30, 2014) Rank Company Total deposits in market (000) Market share Assets Q4 2014 (000) Net loans and leases 12/31/2014 (000) Net Income 12/31/2014 (000) Conn. offices Head of bank/ Title Date established 1 Webster Bank NA 137 Bank St. Waterbury, CT 06702 800-325-2424; www.websteronline.com $13,252,175 11.71% $22,513,012 $13,808,730 $213,922 124 James C. Smith, Chairman & CEO 1870 2 People's United Bank 850 Main St. Bridgeport, CT 06604 203-338-7171; www.peoples.com $12,975,119 11.46% $35,755,742 $26,459,047 $262,480 163 John P. Barnes, President & CEO 1988 3 Liberty Bank 315 Main St. Middletown, CT 06457 888-570-0773; www.liberty-bank.com $2,894,842 2.56% $3,816,965 $2,840,903 $32,499 49 Chandler J. Howard, President & CEO 1825 4 United Bank (1) 25 Park St Vernon Rockville, CT 06066 866-959-2265; www.bankatunited.com $2,633,475 2.33% $5,477,328 $3,888,763 $12,718 33 William H.W. Crawford, CEO 1858 5 Union Savings Bank 226 Main St. Danbury, CT 06810 203-830-4200; www.unionsavings.com $1,709,234 1.51% $2,234,659 $1,693,052 $9,678 26 Cynthia C. Merkle, President & CEO 1866 6 Farmington Bank 1 Farm Glen Blvd. Farmington, CT 06032 877-376-2265; www.farmingtonbankct.com $1,666,632 1.47% $2,482,677 $2,122,784 $10,437 26 John J. Patrick Jr., Chairman, President & CEO 1851 7 Fairfield County Bank 150 Danbury Rd. Ridgefield, CT 06877 203-438-6518; www.fairfieldcountybank.com $1,240,754 1.10% $1,524,647 $1,217,663 $9,034 18 David A. Schneider, CEO 1871 8 First County Bank 160 Atlantic St. Stamford, CT 06901 203-462-4400; www.firstcountybank.com $1,025,861 0.91% $1,424,988 $977,478 $5,631 15 Reyno A. Giallongo Jr., Chairman & CEO 1851 9 ion Bank 251 Church St. Naugatuck, CT 06770 877-729-4442; ionbank.com $794,183 0.70% $1,055,325 $857,311 $4,288 23 Charles J. Boulier, III, President & CEO 1870 10 Newtown Savings Bank 39 Main St. Newtown, CT 06470 203-426-2563; www.nsbonline.com $769,630 0.68% $988,017 $847,397 $3,058 19 John Trentacosta, President & CEO 1855 11 Savings Institute Bank and Trust Co. 803 Main St. Willimantic, CT 06226 860-423-4581; www.savingsinstitute.com $766,923 0.68% $1,342,054 $1,045,850 $4,647 21 Rheo A. Brouillard, President & CEO 1842 12 Chelsea Groton Bank 1 Franklin Sq. Norwich, CT 06360 855-572-1500; www.chelseagroton.com $763,952 0.67% $971,113 $654,935 $4,587 14 B. Michael Rauh Jr., President & CEO 1854 13 Bankwell Bank (2) 208 Elm St. New Canaan, CT 06480 203-972-3838; mybankwell.com $741,841 0.66% $1,094,427 $916,567 $6,251 10 Christopher Gruseke, CEO 2002 14 Savings Bank of Danbury 220 Main St. Danbury, CT 06810 203-743-3849; sbdanbury.com $674,927 0.60% $884,279 $751,200 $5,414 18 Kathleen Romagnano, President & CEO 1849 15 Thomaston Savings Bank 203 Main St. Thomaston, CT 06787 860-283-1874; thomastonsavingsbank.com $668,254 0.59% $817,096 $608,574 $4,491 10 Stephen L. Lewis, President & CEO 1874 16 Torrington Savings Bank 129 Main St. Torrington, CT 06790 860-496-2152; torringtonsavings.com $659,094 0.58% $799,583 $375,111 $3,485 9 John E. Janco, President & CEO 1868 17 Fieldpoint Private Bank & Trust 100 Field Point Rd. Greenwich, CT 06830 203-413-9300; www.fieldpointprivate.com $519,042 0.46% $739,523 $486,461 $1,313 1 Robert S. Matthews, CEO 2008 18 Dime Bank 290 Salem Tpke. Norwich, CT 06360 860-859-4300; dime-bank.com $505,157 0.45% $756,207 $518,577 $3,282 10 Nicholas Caplanson, President & CEO 1869 19 Connecticut Community Bank NA 1495 Post Rd. East Westport, CT 06880 203-319-6260; www.ccbankonline.com $468,717 0.41% $507,861 $293,806 ($10,226) 10 David W. Tralka, President & CEO 1998 20 Guilford Savings Bank 1 Park St. Guilford, CT 06437 203-453-2721; www.gsb-yourbank.com $446,406 0.39% $595,074 $385,358 $4,031 7 Timothy P. Geelan, President & CEO 1875 21 Naugatuck Valley Savings and Loan 333 Church St. Naugatuck, CT 06770 203-720-5000; www.nvsl.com $396,282 0.35% $496,806 $364,365 $1,111 10 William C. Calderara, President & CEO 1922 22 Patriot National Bank 900 Bedford St. Stamford, CT 06901 203-251-7200; www.pnbk.com $395,687 0.35% $633,095 $471,983 $16,883 8 Kenneth T. Neilson, President & CEO 1994 23 Salisbury Bank & Trust Co. 5 Bissell St. Lakeville, CT 06039 860-435-9801; www.salisburybank.com $372,702 0.33% $855,422 $673,897 $3,396 4 Richard J. Cantele Jr., President & CEO 1874 24 Milford Bank 33 Broad St. Milford, CT 06460 203-783-5700; www.milfordbank.com $351,386 0.31% $399,632 $322,544 $1,011 9 Robert V. Macklin, President & CEO 1872 25 Putnam Bank 40 Main St. Putnam, CT 06260 860-928-6501; www.putnambank.com $350,505 0.31% $475,123 $227,810 $1,040 8 Thomas A. Borner, President & CEO 1862 26 The Simsbury Bank & Trust Co. 981 Hopmeadow St. Simsbury, CT 06070 860-658-2265; www.simsburybank.com $345,470 0.31% $408,652 $287,944 $964 5 Martin J. Geitz, President & CEO 1995 27 Windsor Federal Savings & Loan 250 Broad St. Windsor, CT 06095 860-688-8511; www.windsorfederal.com $331,505 0.29% $400,067 $267,798 $2,303 8 George Hermann, President & CEO 1935 Source: Federal Deposit Insurance Corp. website: www.fdic.gov (1) Merged with Rockville Bank on Apr. 30, 2014. (2) Acquired Quinnipiac Bank & Trust Co. in Oct. 2014. —Compiled by Roger Magnus and Heide Martin. You'd be surprised how much more your staff can do when they're not driving to work. Your Commuter Connection Teleworking can make your staff more productive. Plus, it reduces the number of cars on the road, reducing traffic congestion and improving air quality for everyone in Connecticut. CTrides helps businesses throughout Connecticut build and formalize teleworking programs for individuals, teams or an entire staff. Let us help you – absolutely free. Visit CTrides.com or call 1-877- CTrides. A service of the CT Department of Transportation. CTRD-0172 TeleworkAd10x3.375R2.indd 1 3/11/15 10:52 AM 3 Liberty Bank 315 Main St. Middletown, CT 06457 888-570-0773; www.liberty-bank.com $2,894,842 2.56% $3,816,965 $2,840,903 $32,499 49 Chandler J. Howard, President & CEO 1825 4 United Bank (1) 25 Park St Vernon Rockville, CT 06066 866-959-2265; www.bankatunited.com $2,633,475 2.33% $5,477,328 $3,888,763 $12,718 33 William H.W. Crawford, CEO 1858 5 Union Savings Bank 226 Main St. Danbury, CT 06810 203-830-4200; www.unionsavings.com $1,709,234 1.51% $2,234,659 $1,693,052 $9,678 26 Cynthia C. Merkle, President & CEO 1866 6 Farmington Bank 1 Farm Glen Blvd. Farmington, CT 06032 877-376-2265; www.farmingtonbankct.com $1,666,632 1.47% $2,482,677 $2,122,784 $10,437 26 John J. Patrick Jr., Chairman, President & CEO 1851 7 Fairfield County Bank 150 Danbury Rd. Ridgefield, CT 06877 203-438-6518; www.fairfieldcountybank.com $1,240,754 1.10% $1,524,647 $1,217,663 $9,034 18 David A. Schneider, CEO 1871 8 First County Bank 160 Atlantic St. Stamford, CT 06901 203-462-4400; www.firstcountybank.com $1,025,861 0.91% $1,424,988 $977,478 $5,631 15 Reyno A. Giallongo Jr., Chairman & CEO 1851 9 ion Bank 251 Church St. Naugatuck, CT 06770 877-729-4442; ionbank.com $794,183 0.70% $1,055,325 $857,311 $4,288 23 Charles J. Boulier, III, President & CEO 1870 10 Newtown Savings Bank 39 Main St. Newtown, CT 06470 203-426-2563; www.nsbonline.com $769,630 0.68% $988,017 $847,397 $3,058 19 John Trentacosta, President & CEO 1855 11 Savings Institute Bank and Trust Co. 803 Main St. Willimantic, CT 06226 860-423-4581; www.savingsinstitute.com $766,923 0.68% $1,342,054 $1,045,850 $4,647 21 Rheo A. Brouillard, President & CEO 1842 12 Chelsea Groton Bank 1 Franklin Sq. Norwich, CT 06360 855-572-1500; www.chelseagroton.com $763,952 0.67% $971,113 $654,935 $4,587 14 B. Michael Rauh Jr., President & CEO 1854 13 Bankwell Bank (2) 208 Elm St. New Canaan, CT 06480 203-972-3838; mybankwell.com $741,841 0.66% $1,094,427 $916,567 $6,251 10 Christopher Gruseke, CEO 2002 14 Savings Bank of Danbury 220 Main St. Danbury, CT 06810 203-743-3849; sbdanbury.com $674,927 0.60% $884,279 $751,200 $5,414 18 Kathleen Romagnano, President & CEO 1849 15 Thomaston Savings Bank 203 Main St. Thomaston, CT 06787 860-283-1874; thomastonsavingsbank.com $668,254 0.59% $817,096 $608,574 $4,491 10 Stephen L. Lewis, President & CEO 1874 16 Torrington Savings Bank 129 Main St. Torrington, CT 06790 860-496-2152; torringtonsavings.com $659,094 0.58% $799,583 $375,111 $3,485 9 John E. Janco, President & CEO 1868 17 Fieldpoint Private Bank & Trust 100 Field Point Rd. Greenwich, CT 06830 203-413-9300; www.fieldpointprivate.com $519,042 0.46% $739,523 $486,461 $1,313 1 Robert S. Matthews, CEO 2008 18 Dime Bank 290 Salem Tpke. Norwich, CT 06360 860-859-4300; dime-bank.com $505,157 0.45% $756,207 $518,577 $3,282 10 Nicholas Caplanson, President & CEO 1869 19 Connecticut Community Bank NA 1495 Post Rd. East Westport, CT 06880 203-319-6260; www.ccbankonline.com $468,717 0.41% $507,861 $293,806 ($10,226) 10 David W. Tralka, President & CEO 1998 20 Guilford Savings Bank 1 Park St. Guilford, CT 06437 203-453-2721; www.gsb-yourbank.com $446,406 0.39% $595,074 $385,358 $4,031 7 Timothy P. Geelan, President & CEO 1875 21 Naugatuck Valley Savings and Loan 333 Church St. Naugatuck, CT 06770 203-720-5000; www.nvsl.com $396,282 0.35% $496,806 $364,365 $1,111 10 William C. Calderara, President & CEO 1922 22 Patriot National Bank 900 Bedford St. Stamford, CT 06901 203-251-7200; www.pnbk.com $395,687 0.35% $633,095 $471,983 $16,883 8 Kenneth T. Neilson, President & CEO 1994 23 Salisbury Bank & Trust Co. 5 Bissell St. Lakeville, CT 06039 860-435-9801; www.salisburybank.com $372,702 0.33% $855,422 $673,897 $3,396 4 Richard J. Cantele Jr., President & CEO 1874 24 Milford Bank 33 Broad St. Milford, CT 06460 203-783-5700; www.milfordbank.com $351,386 0.31% $399,632 $322,544 $1,011 9 Robert V. Macklin, President & CEO 1872 25 Putnam Bank 40 Main St. Putnam, CT 06260 860-928-6501; www.putnambank.com $350,505 0.31% $475,123 $227,810 $1,040 8 Thomas A. Borner, President & CEO 1862 26 The Simsbury Bank & Trust Co. 981 Hopmeadow St. Simsbury, CT 06070 860-658-2265; www.simsburybank.com $345,470 0.31% $408,652 $287,944 $964 5 Martin J. Geitz, President & CEO 1995 27 Windsor Federal Savings & Loan 250 Broad St. Windsor, CT 06095 860-688-8511; www.windsorfederal.com $331,505 0.29% $400,067 $267,798 $2,303 8 George Hermann, President & CEO 1935 Source: Federal Deposit Insurance Corp. website: www.fdic.gov (1) Merged with Rockville Bank on Apr. 30, 2014. (2) Acquired Quinnipiac Bank & Trust Co. in Oct. 2014. —Compiled by Roger Magnus and Heide Martin.