Prudential Bank & Trust, FSB

Headquarters

280 Trumbull St
Hartford, CT 06103
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 3.50% →
1-Year CD N.A. 3.70% →
2-Year CD N.A. 3.80% →
5-Year CD N.A. 4.25% →
30-Year Mortgage N.A. 6.20% →
15-Year Mortgage N.A. 5.66% →
HELOC N.A. 2.79% →

2022 Overview

General Bank Information

Prudential Bank & Trust, FSB is an FDIC insured institution located in Hartford, CT. It was founded in 1989 and has approximately $0.02 billion in assets.

FDIC Insured Yes
FDIC Certificate # 32957
Date Established 1989
Assets $ 18.00 million
Loans N.A.
Deposits $ 0.54 million
Capital $ 16.41 million
 

For a more detailed analysis of Prudential Bank & Trust, FSB's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 4, 2022

Your Current Location: Connecticut, CT 06828

There are currently no rates available for Prudential Bank & Trust, Fsb, but see these great savings and CD rates:

Advertiser Disclosure
 

Loan Rates - October 4, 2022

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Prudential Bank & Trust, FSB

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2022

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6.304% 6.250%
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$1,415 fees
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6.233% 6.125%
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NMLS ID: 3030
6.985% 6.875%
0.63 points
$2,812 fees
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Featured - Connecticut Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More

Note to Prudential Bank & Trust, FSB
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Branches

Prudential Bank & Trust, FSB branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Prudential Bank & Trust, FSB Locations



Climate Initiatives

Prudential Bank & Trust, FSB is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

Prudential Bank & Trust, FSB Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Prudential Bank & Trust, FSB. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Prudential Bank & Trust, FSB U.S. Bank Average
0% 4.01%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2022, Prudential Bank & Trust, FSB had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $16,412,000 in equity and $0 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
Prudential Bank & Trust, FSB U.S. Bank Average
60.18% 9.01%

Prudential Bank & Trust, FSB has a Return on Equity of 60.18% versus the BestCashCow average of 9.01%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Prudential Bank & Trust, FSB U.S. Bank Average
91.2% 10.66%

Prudential Bank & Trust, FSB has a Capitalization of 91.2% versus the BestCashCow average of 10.66. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Prudential Bank & Trust, FSB Balance Sheet Analysis

As of March 31, 2022, Prudential Bank & Trust, FSB had assets of $17,996,000, loans of $0, and deposits of $536,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2022
ASSETS
Cash & Balances due from depository institutions $ 0.01 million
Interest-bearing balances $ 0.01 million
Total securities $ 16.29 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases N.A.
Loan loss allowance N.A.
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.18 million
All other assets $ 1.52 million
     Total Assets $ 1.58 million
LIABILITIES
Total deposits $ 0.54 million
      Interest-bearing deposits $ 0.54 million
      Deposits held in domestic offices $ 0.54 million
      % insured (estimated) 100.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 1.05 million
      Total Liabilities $ 1.58 million
      Shareholders’ Equity $ 16.41 million

Summary Income Statement

March 31, 2022
INCOME AND EXPENSES
Total Interest Income $ 0.06 million
Total Interest Expense $ 0.00 million
Net interest income $ 0.06 million
Provision for loan and lease losses N.A.
Total non interest income $ 3.52 million
Total non interest expense $ 0.49 million
Pre-tax Net Operating Income $ 3.09 million

Bank Loan Profile?

The top three loan types in Prudential Bank & Trust, FSB’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Prudential Bank & Trust, FSB’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans nan
Multifamily
Mortgages
nan
Credit Card Loans nan
Consumer Auto Loans nan
Small Business Loans nan
Construction and Development Loans nan
Commercial Real Estate nan
Commercial and Industrial Loans nan
Farm Loans nan

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