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Farmington Bank

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Farmington Savings Bank opened for business August 25, 1851, from Deacon Simeon Hart's home (93 Main Street, Farmington, Connecticut) who was responsible for managing the bank. On the first day of business, Farmington Savings Bank opened 12 accounts with a total of $ 88.70 in deposits from residents
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On January 12, 1865, Farmington Savings Bank purchased 32 Main Street in Farmington, Connecticut from Erastus Gay who managed a store that stood close to Main Street. The store was initially erected in 1791 by Reuben S. Norton and was used for various purposes throughout the years, including; a
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In 1926, Farmington Savings Bank employed W.F. Brooks in to design the new building on the 32 Main Street property. The building construction was completed in April 1928 by Industrial Construction Co. of Hartford, Connecticut. The existing bank was razed after the completion of the newly
417:, based in Bridgeport, Connecticut, announced that it had agreed to buy Farmington Bank in an all-stock deal for $ 544 million. Both its board and that of Farmington Bank's parent, First Connecticut Bankcorp, Inc., had approved the deal, which was expected to result in branch closures. 266:. On August 12, 1851, the charter was issued and an organizational meeting was held on August 14, 1851, at the home of Samuel Cowles (27 Main Street, Farmington, Connecticut). The following officers and trustees were elected at the meeting; 425:
First Connecticut Bankcorp, Inc., is the holding company for Farmington Bank. Farmington Bank has over $ 2.5 billion in assets (2014) and with a network of over 20 branches located in Connecticut.
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general store, a tailor's shop, a post office, a church, and a drinking establishment. Upon taking ownership of the store, Farmington Savings Bank made additional improvements, such as;
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In 1853, Farmington Savings Bank moved into Samuel Cowles' house on 27 Main Street in Farmington, Connecticut who became treasurer after the death of Deacon Simeon Hart.
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In September 2014, Farmington Bank announced plans to enter western Massachusetts with the establishment of a commercial lending office and two de novo hub branches in
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under the symbol FBNK. Farmington Bank was invited to ring the NASDAQ closing bell on October 12, 2011 to celebrate becoming a public company.
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The history of Farmington Bank dates back to May 1851 when a petition was presented to the
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Please help update this article to reflect recent events or newly available information.
234: 205: 1323: 242: 78: 596: 238: 162: 70: 1164:"Farmington Bank to Hold Open House to Introduce Team Members and Services" 149: 1299:"Farmington Bank Named a 2013 Top Workplace for Second Year in a Row" 386: 84: 221: 179: 95: 336:. The first savings book was issued to Miss Harriet E. Porter. 582:
The following data points are as of June 30 for a given year;
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On June 29, 2011, shares of Farmington Bank began trading on
1142:"93 Main Street Historical Building Structure Inventory" 1125:"32 Main Street Historical Building Structure Inventory" 584: 432: 216: 204: 194: 177: 160: 139: 123: 105: 91: 76: 66: 1243:"FDIC: Summary of Deposits Market Share Selection" 288:Deacon Simeon Hart (Secretary & Treasurer) - 1340:Companies based in Hartford County, Connecticut 368:Steel lining and time controlled double door ( 1225:"People's United Bank to buy Farmington Bank" 8: 1293: 1291: 52: 1072:2012 - Top Workplace of Greater Hartford ( 1065:2013 - Top Workplace of Greater Hartford ( 58: 51: 276:William L. Cowles (1st Vice President) - 1119: 1117: 1115: 282:Samuel S. Cowles (2nd Vice President) - 1355:Companies formerly listed on the Nasdaq 1158: 1156: 1154: 1086: 1102:"Farmington Bank Financial Statements" 1096: 1094: 1092: 1090: 284:Farmer / Printer / Publisher / Writer 7: 1106:Securities & Exchange Commission 1370:Defunct banks of the United States 1350:1851 establishments in Connecticut 14: 1035: 1034: 1027: 1026: 1014: 1013: 1006: 1005: 993: 992: 985: 984: 972: 971: 964: 963: 951: 950: 942: 930: 929: 922: 921: 909: 908: 901: 900: 888: 887: 880: 879: 867: 866: 859: 858: 846: 845: 838: 837: 825: 824: 817: 816: 804: 803: 796: 795: 783: 782: 775: 774: 762: 761: 754: 753: 741: 740: 733: 732: 720: 719: 712: 711: 699: 698: 691: 690: 678: 677: 670: 669: 657: 656: 649: 648: 636: 635: 628: 627: 614: 606: 393:Expansion outside of Connecticut 186: 185: 169: 168: 20: 399:West Springfield, Massachusetts 943: 615: 607: 403:East Longmeadow, Massachusetts 1: 1365:2018 mergers and acquisitions 1360:2011 initial public offerings 1074:Hartford Courant & Fox CT 1067:Hartford Courant & Fox CT 324:E. W. Carrington (Trustee) - 270:Timothy Cowles (President) - 173:US$ 12.5 million (2015) 1058:2015 - Best Community Bank ( 1051:2016 - Best Community Bank ( 264:Connecticut General Assembly 190:US$ 2.7 billion (2015) 111:; 173 years ago 1386: 1330:Banks based in Connecticut 318:Thomas Cowles (Trustee) - 312:Chauncey Rowe (Trustee) - 1335:Banks established in 1851 354:Four (4) hitching posts ( 306:Henry Mygatt (Trustee) - 57: 29:This article needs to be 332:and business across the 300:Ira Hadsell (Trustee) - 294:William Gay (Trustee) - 1345:Farmington, Connecticut 381:Initial public offering 247:Farmington, Connecticut 129:Farmington, Connecticut 1282:"Best Community Bank" 1268:"Best Community Bank" 347:One (1) street lamp ( 1168:Farmington, CT Patch 578:Deposit market share 415:People's United Bank 222:farmingtonbankct.com 211:People's United Bank 1229:journalinquirer.com 233:was a full-service 196:Number of employees 146:John J. Patrick Jr. 54: 377:constructed bank. 100:Financial services 1060:Hartford Magazine 1053:Hartford Magazine 1043: 1042: 575: 574: 361:Fire proof room ( 334:Farmington Valley 245:headquartered in 228: 227: 50: 49: 1377: 1314: 1313: 1311: 1310: 1301:. Archived from 1295: 1286: 1285: 1278: 1272: 1271: 1264: 1258: 1257: 1255: 1254: 1245:. Archived from 1239: 1233: 1232: 1221: 1215: 1214: 1212: 1211: 1202:. Archived from 1196: 1190: 1189: 1186:ir.nasdaqomx.com 1178: 1172: 1171: 1170:. March 6, 2011. 1160: 1149: 1148: 1146: 1138: 1132: 1131: 1129: 1121: 1110: 1109: 1098: 1038: 1037: 1030: 1029: 1017: 1016: 1009: 1008: 996: 995: 988: 987: 975: 974: 967: 966: 954: 953: 946: 945: 933: 932: 925: 924: 912: 911: 904: 903: 891: 890: 883: 882: 870: 869: 862: 861: 849: 848: 841: 840: 828: 827: 820: 819: 807: 806: 799: 798: 786: 785: 778: 777: 765: 764: 757: 756: 744: 743: 736: 735: 723: 722: 715: 714: 702: 701: 694: 693: 681: 680: 673: 672: 660: 659: 652: 651: 639: 638: 631: 630: 618: 617: 610: 609: 585: 571:$ 2,485,360,000 568:$ 2,135,035,000 565:$ 1,733,041,000 557:$ 2,110,028,000 554:$ 1,816,308,000 551:$ 1,513,501,000 543:$ 1,823,153,000 540:$ 1,534,021,000 537:$ 1,239,288,000 529:$ 1,618,129,000 526:$ 1,310,157,000 523:$ 1,206,507,000 515:$ 1,417,161,000 512:$ 1,176,454,000 509:$ 1,124,883,000 498:$ 1,054,426,000 433: 224: 189: 188: 182: 172: 171: 119: 117: 112: 62: 55: 45: 42: 36: 24: 23: 16: 1385: 1384: 1380: 1379: 1378: 1376: 1375: 1374: 1320: 1319: 1318: 1317: 1308: 1306: 1297: 1296: 1289: 1280: 1279: 1275: 1266: 1265: 1261: 1252: 1250: 1241: 1240: 1236: 1223: 1222: 1218: 1209: 1207: 1198: 1197: 1193: 1180: 1179: 1175: 1162: 1161: 1152: 1144: 1140: 1139: 1135: 1127: 1123: 1122: 1113: 1100: 1099: 1088: 1083: 1048: 592:Hartford County 580: 431: 423: 411: 395: 383: 260: 255: 231:Farmington Bank 220: 197: 178: 165: 142: 135: 131: 115: 113: 110: 81: 53:Farmington Bank 46: 40: 37: 34: 25: 21: 12: 11: 5: 1383: 1381: 1373: 1372: 1367: 1362: 1357: 1352: 1347: 1342: 1337: 1332: 1322: 1321: 1316: 1315: 1287: 1273: 1259: 1234: 1216: 1191: 1173: 1150: 1133: 1111: 1085: 1084: 1082: 1079: 1078: 1077: 1070: 1063: 1056: 1047: 1044: 1041: 1040: 1032: 1024: 1020: 1019: 1011: 1003: 999: 998: 990: 982: 978: 977: 969: 961: 957: 956: 948: 940: 936: 935: 927: 919: 915: 914: 906: 898: 894: 893: 885: 877: 873: 872: 864: 856: 852: 851: 843: 835: 831: 830: 822: 814: 810: 809: 801: 793: 789: 788: 780: 772: 768: 767: 759: 751: 747: 746: 738: 730: 726: 725: 717: 709: 705: 704: 696: 688: 684: 683: 675: 667: 663: 662: 654: 646: 642: 641: 633: 625: 621: 620: 612: 604: 600: 599: 594: 589: 579: 576: 573: 572: 569: 566: 563: 559: 558: 555: 552: 549: 545: 544: 541: 538: 535: 531: 530: 527: 524: 521: 517: 516: 513: 510: 507: 503: 502: 499: 496: 493: 489: 488: 485: 484:$ 840,041,000 482: 479: 475: 474: 471: 468: 465: 461: 460: 457: 454: 451: 447: 446: 443: 440: 437: 430: 427: 422: 419: 413:In July 2018, 410: 407: 394: 391: 382: 379: 374: 373: 366: 359: 352: 329: 328: 322: 316: 310: 304: 298: 292: 286: 280: 274: 259: 256: 254: 251: 235:community bank 226: 225: 218: 214: 213: 208: 202: 201: 198: 195: 192: 191: 183: 175: 174: 166: 161: 158: 157: 143: 140: 137: 136: 133: 127: 125: 121: 120: 107: 103: 102: 93: 89: 88: 82: 77: 74: 73: 68: 64: 63: 48: 47: 28: 26: 19: 13: 10: 9: 6: 4: 3: 2: 1382: 1371: 1368: 1366: 1363: 1361: 1358: 1356: 1353: 1351: 1348: 1346: 1343: 1341: 1338: 1336: 1333: 1331: 1328: 1327: 1325: 1305:on 2016-03-06 1304: 1300: 1294: 1292: 1288: 1283: 1277: 1274: 1269: 1263: 1260: 1249:on 2015-04-02 1248: 1244: 1238: 1235: 1230: 1226: 1220: 1217: 1206:on 2016-03-06 1205: 1201: 1195: 1192: 1187: 1183: 1177: 1174: 1169: 1165: 1159: 1157: 1155: 1151: 1143: 1137: 1134: 1126: 1120: 1118: 1116: 1112: 1107: 1103: 1097: 1095: 1093: 1091: 1087: 1080: 1075: 1071: 1068: 1064: 1061: 1057: 1054: 1050: 1049: 1045: 1033: 1025: 1022: 1021: 1012: 1004: 1001: 1000: 991: 983: 980: 979: 970: 962: 959: 958: 949: 941: 938: 937: 928: 920: 917: 916: 907: 899: 896: 895: 886: 878: 875: 874: 865: 857: 854: 853: 844: 836: 833: 832: 823: 815: 812: 811: 802: 794: 791: 790: 781: 773: 770: 769: 760: 752: 749: 748: 739: 731: 728: 727: 718: 710: 707: 706: 697: 689: 686: 685: 676: 668: 665: 664: 655: 647: 644: 643: 634: 626: 623: 622: 613: 605: 602: 601: 598: 595: 593: 590: 587: 586: 583: 577: 570: 567: 564: 561: 560: 556: 553: 550: 547: 546: 542: 539: 536: 533: 532: 528: 525: 522: 519: 518: 514: 511: 508: 505: 504: 500: 497: 494: 491: 490: 486: 483: 480: 477: 476: 472: 470:$ 37,253,000 469: 467:$ 47,800,000 466: 463: 462: 458: 455: 453:$ 16,307,000 452: 449: 448: 444: 441: 438: 435: 434: 428: 426: 420: 418: 416: 408: 406: 404: 400: 392: 390: 388: 380: 378: 371: 367: 364: 360: 357: 353: 350: 346: 345: 344: 340: 337: 335: 327: 323: 321: 317: 315: 311: 309: 305: 303: 299: 297: 293: 291: 287: 285: 281: 279: 275: 273: 269: 268: 267: 265: 257: 252: 250: 248: 244: 243:Massachusetts 240: 236: 232: 223: 219: 215: 212: 209: 207: 203: 199: 193: 184: 181: 176: 167: 164: 159: 155: 151: 147: 144: 138: 134:United States 130: 126: 122: 108: 104: 101: 97: 94: 90: 86: 83: 80: 75: 72: 69: 65: 61: 56: 44: 32: 27: 18: 17: 1307:. 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Index


Subsidiary
Traded as
Nasdaq
Banking
Financial services
Farmington, Connecticut
John J. Patrick Jr.
chairman
CEO
Net income
Total assets
Parent
People's United Bank
farmingtonbankct.com
community bank
Connecticut
Massachusetts
Farmington, Connecticut
Connecticut General Assembly
Farmington Valley
NASDAQ
West Springfield, Massachusetts
East Longmeadow, Massachusetts
People's United Bank
Hartford County
Connecticut


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