The Connecticut Bank and Trust Company, National Association
Hartford, CT · Owner: Bank of New England Corp
$7.2B
total assets, December 31, 1990
$7.2B
total assets, December 31, 1990
The Connecticut Bank and Trust Company, National Association was a national bank in Hartford, CT, owned by Bank of New England Corp. It failed on Jan 6, 1991, and New Connecticut Bank & Trus took over its deposits. At its last report it held $7.2 billion in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1990
This bank failed
- Failed on
- Jan 6, 1991
- Assets
- $7.2B
- Deposits
- $6.9B
- Estimated cost
- $151M
- Deposits went to
- New Connecticut Bank & Trus, Hartford, CT
Total assets
$7.2B
-25.9% in a year · -6.5% in a quarter
Deposits
$6.9B
-18.9% in a year · -4.6% in a quarter
Loans
$4.0B
-32.7% in a year · -8.8% in a quarter
Profit so far
-$105M
Jan 1 to Dec 31, 1990
Capital ratio
1.61%
-0.12 pts in a year
Return on assets
-1.30%
+2.25 pts in a year
Facts
- Type
- National bank
- Head office
- 1 Constitution Plaza, Hartford, CT, 06115
- County
- Hartford
- Holding company
- Bank of New England Corp
- Established
- Jan 1, 1792
- Failed
- Jan 6, 1991
- Employees
- 3,709
- Id
- b2545
Quarter by quarter
March 31, 1984 to December 31, 1990
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is The Connecticut Bank and Trust Company, National Association?
$7.2 billion in total assets and $6.9 billion in deposits as of December 31, 1990, with assets down 25.9% from a year before. Its loans were $4.0 billion.
Is The Connecticut Bank and Trust Company, National Association profitable?
No: it lost $104.6 million from January 1 to December 31, 1990. Its return on assets was -1.30% a year; about 1% is typical.
Who owns The Connecticut Bank and Trust Company, National Association?
The Connecticut Bank and Trust Company, National Association is owned by Bank of New England Corp, its holding company.
When did The Connecticut Bank and Trust Company, National Association fail?
Jan 6, 1991. New Connecticut Bank & Trus of Hartford, CT took over its deposits. The estimated cost of the failure was $151.1 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.