BOOK OF LISTS 2015-2016
Banking & Finance
22 Hartford Business Journal • decemBer 28, 2015 www.HartfordBusiness.com
Largest in-state banks
(Ranked by deposits as of June 30, 2015)
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
People's United Bank
850 Main St.
Bridgeport, CT 06604
203-338-7171;
www.peoples.com
$15,545,570 12.91% $35,755,742 $26,459,047 $262,480 156
John P. Barnes,
President & CEO
1842
2
Webster Bank NA
137 Bank St.
Waterbury, CT 06702
800-325-2424;
public.websteronline.com
$15,437,939 12.82% $22,513,012 $13,808,730 $213,922 122
James C. Smith,
Chairman & CEO
1870
3
Liberty Bank
315 Main St.
Middletown, CT 06457
888-570-0773; www.liberty-
bank.com
$2,946,121 2.45% $3,816,965 $2,840,903 $32,499 48
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 32
William H.W.
Crawford,
CEO
1858
5
Farmington Bank
1 Farm Glen Blvd.
Farmington, CT 06032
877-376-2265;
www.farmingtonbankct.com
$1,908,957 1.59% $2,483,685 $2,122,784 $10,437 25
John J. Patrick
Jr.,
Chairman,
President & CEO
1851
6
Union Savings Bank
226 Main St.
Danbury, CT 06810
203-830-4200;
www.unionsavings.com
$1,641,938 1.36% $2,234,659 $1,693,052 $9,678 27
Cynthia C.
Merkle,
President & CEO
1866
7
Fairfield County Bank
150 Danbury Road
Ridgefield, CT 06877
203-438-6518;
www.fairfieldcountybank.com
$1,266,608 1.05% $1,524,704 $1,217,663 $9,169 17
David A.
Schneider,
CEO
1871
8
First County Bank
160 Atlantic St.
Stamford, CT 06901
203-462-4400;
www.firstcountybank.com
$1,019,552 0.85% $1,424,988 $977,478 $5,631 15
Reyno A.
Giallongo Jr.,
Chairman & CEO
1851
9
Bankwell Bank (2)
208 Elm St.
New Canaan, CT 06480
203-972-3838;
mybankwell.com
$956,410 0.79% $1,094,427 $916,567 $6,251 10
Christopher
Gruseke,
CEO
2002
10
ion Bank
251 Church St.
Naugatuck, CT 06770
877-729-4442; ionbank.com
$845,863 0.70% $1,055,325 $857,311 $4,288 20
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.com
$790,138 0.66% $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
860-823-4912;
www.chelseagroton.com
$756,540 0.63% $971,503 $654,935 $4,685 14
B. Michael Rauh
Jr.,
President & CEO
1854
13
Newtown Savings Bank (3)
39 Main St.
Newtown, CT 06470
203-426-2563;
www.nsbonline.com
$739,193 0.61% $988,017 $847,397 $3,058 19
John
Trentacosta,
President & CEO
1855
14
Thomaston Savings Bank
203 Main St.
Thomaston, CT 06787
860-283-1874;
thomastonsavingsbank.com
$716,465 0.60% $817,096 $608,574 $4,491 10
Stephen L.
Lewis,
President & CEO
1874
15
Savings Bank of Danbury
220 Main St.
Danbury, CT 06810
203-743-3849; sbdanbury.com
$684,733 0.57% $884,279 $751,200 $5,414 14
Kathleen
Romagnano,
President & CEO
1849
16
Torrington Savings Bank
129 Main St.
Torrington, CT 06790
860-496-2152;
torringtonsavings.com
$653,907 0.54% $799,583 $375,111 $3,485 8
John E. Janco,
President & CEO
1868
17
Fieldpoint Private Bank &
Trust
100 Field Point Road
Greenwich, CT 06830
203-413-9300;
www.fieldpointprivate.com
$584,574 0.49% $739,652 $486,461 $1,452 1
Robert S.
Matthews,
CEO
2008
18
Dime Bank
290 Salem Tpke.
Norwich, CT 06360
860-859-4300; dime-bank.com
$511,940 0.43% $756,207 $518,577 $3,282 10
Nicholas
Caplanson,
President & CEO
1869
19
Darien Rowayton Bank
1001 Post Road
Darien, CT 06820
203-656-3500;
www.drbankonline.com
$504,111 0.42% $476,216 $378,936 $5,783 3
Robert K.
Kettenmann,
President & COO
2006
20
Guilford Savings Bank
1 Park St.
Guilford, CT 06437
203-453-2721; www.gsb-
yourbank.com
$478,287 0.40% $595,074 $385,358 $4,031 7
Timothy P.
Geelan,
President & CEO
1875
21
Connecticut Community
Bank NA
1495 Post Road East
Westport, CT 06880
203-319-6260;
www.ccbankonline.com
$441,487 0.37% $507,860 $293,806 ($10,167) 10
David W. Tralka,
President & CEO
1998
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.
(3) Main Street branch will relocate to 30-32 Church Hill Road in Spring 2016.
—Compiled by Heide Martin.
$0
$2,000,000
$4,000,000
$6,000,000
$8,000,000
$10,000,000
$12,000,000
$14,000,000
$16,000,000
$18,000,000
People's
United
Bank
Webster
Bank
NA
Liberty
Bank
United
Bank
Farmington
Bank
People's
United
Bank
2014
2015
2014.................$62,810,166
2015.................$62,866,558
% Change ..........0.09%
How the top 5 fared:
Total deposits (in thousands)
Total loans/leases of top 25
local banks (in thousands)
2014 2015 % change
People's United Bank $12,975,119 $15,545,570 20%
Webster Bank NA $13,252,175 $15,437,939 16%
Liberty Bank $2,894,842 $2,946,121 2%
United Bank $2,633,475 $2,633,475 0%
Farmington Bank $1,666,632 $1,908,957 15%
20%
16%
2%
0%
15%
