Farmington Bank
FDIC #18208
📍 Farmington, Connecticut
Farmington Bank is a commercial bank (si) established in 08/01/1851. With assets of $3.24 Billion, it operates 0 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: October 1, 2016
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
October 1, 2016
Outstanding
November 1, 2013
Satisfactory
June 1, 2010
Satisfactory
💰 Financial Strength
Total Assets$3.24 Billion
Total Deposits$2.43 Billion
Equity Capital$263.21 Million
Net Income$19.06 Million
📈 Performance
ROA0.80%
ROE10.03%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📞 Contact & Location
AddressOne Farm Glen Boulevard
Farmington, Connecticut 6032
Farmington, Connecticut 6032
📋 Corporate Structure
Established08/01/1851
FDIC Cert18208
Holding CoFirst Connecticut Bcorp Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeOctober 10, 2018
Foreign Offices0
SAIF InsuredNo
State CharteredYes
📜 Institutional History
2018
Relocation
Moved HQ to: One Farm Glen Boulevard, Farmington, CT 06032.
2009
Name Change
Name became: Changed Institution Name To Farmington Bank.
1987
Name Change
Name became: Changed Institution Name To Farmington Savings Bank.