🏦Bank Scorer

This institution is no longer active

Operations ceased on October 1, 2018. CRA examination history below reflects the period it was active.

FARMINGTON BANK

FARMINGTON, CT · Supervised by FDIC

Est. 1851FDIC #18,208RSSD: FDIC-18208
Part ofFIRST CONNECTICUT BCORP INC→ View all charters
Outstanding Up

Current rating · Exam: October 2016

At a Glance

Community Lending (CRA)

Outstanding

Exceeds federal requirements for lending in low- and moderate-income communities

Financial Health

Adequate

ROA 0.80%

Institution Profile

FDIC BankFind

Address

One Farm Glen Boulevard, FARMINGTON, CT

County

Hartford County

Established

August 1, 1851

Total Assets

$3.2B(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Outstanding

Exceeds federal requirements for lending in low- and moderate-income communities

Exam Date

October 1, 2016

Exam Type

Large Bank

Regulator

FDIC
⚠️This exam is 9 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.
Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q3 2018Call Report / FDIC

Total Assets

$3.2B

Total Deposits

$2.4B

Net Loans

$2.9B

Net Income

$19M

ROA

0.80%

ROE

10.03%

Risk-Based Capital

11.52%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Peer Comparison

Community banks

Compared to the peer-bank Community peer group (same asset tier).

Mortgage Denial Rate12.75%Peer avg: 9.91%▼ Below avg

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Mortgage Lending

CFPB HMDA
YearApplicationsOrig. RateDenial Rate
20181,24775.54%12.75%

2024 national avg denial rate: 23.75% · Community bank avg: 9.91% · above-average shown in red

Rating History

CRA / FFIEC

Rating Trend

Improving

Based on last 3 exams

8 previous ratings locked — dating back to 1992

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Rating Over Time

🔒 Locked
OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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