www.HartfordBusiness.com August 22, 2016 • Hartford Business Journal 17
CORPORATE PROFILE
First Connecticut Bancorp Inc.
One Farm Glen Blvd., Farmington, CT 06032 |
www.farmingtonbankct.com
First Connecticut Bancorp Inc. is the holding company for
Farmington Bank, which provides various commercial and
consumer banking services to businesses, individuals and
governments in central Connecticut.
Top Executive: John J. Patrick, Chairman and CEO
FACT BOX
Industry: Community Bank
2Q 2016 Revenue: $24.3M
2Q 2016 Net Income: $3.6M
Quarterly Profit Change: $171,000
Cash: $66.7M
Employees: 343
Competitors: Citizens Financial Corp.
People's United Financial Inc.
Webster Financial Corp.
TOP INSTITUTIONAL INVESTORS
Holder Shares % Stake
Clover Partner L.P. 591,207 3.74
EJF Capital LLC 544,089 3.44
Vanguard Group 540,412 3.42
STOCK WATCH (as of noon Aug. 18)
Ticker Symbol: FBNK Stock Price: $16.52 Market Cap: $261.32M
52 Week Range Price: $14.42–$18.40 Outstanding Shares: 15.82M
CORPORATE SUITE
Stock Non-equity
Executive Title Salary Bonus Awards Incentive Total
John J. Patrick, Jr. Chairman/CEO $515,000 $0 $0 $333,384 $1,437,086
Michael T. Schweighoffer Chief Lending Officer/EVP $280,011 $0 $0 $109,974 $561,929
Gregory A. White CFO/EVP $256,800 $0 $0 $100,858 $506,133
FOR YOUR PART IN MAKING 2016 A RECORD YEAR
WITH $2.8 MILLION GENERATED FOR CHARITY.
THANK YOU
