First Connecticut Bancorp, Inc. - FORM 8-K - EX-99.1 - EXHIBIT 99.1 PRESENTATION MATERIALS - July 30, 2012

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8-K - FIRST CONNECTICUT BANCORP, INC. PRESENTATION 8-K - First Connecticut Bancorp, Inc.fcb-presentation8k.htm

Keefe, Bruyette & Woods
Community Bank Investors Conference
July 31, 2012

John J. Patrick, Jr. Chairman, President and CEO
Gregory A. White EVP, Chief Financial Officer
Michael T. Schweighoffer  EVP, Chief Risk Officer
A Great Past…Dynamic Present…
And a Bright Future
 
 
 
Forward Looking Statements
Disclaimer & Forward-Looking Statements
Statements in this document and presented orally at the conference, if any, concerning future results, performance,
expectations or intentions are forward-looking statements. Actual results, performance or developments may differ
materially from forward-looking statements as a result of known or unknown risks, uncertainties and other factors, including
those identified from time to time in the Company’s filings with the Securities and Exchange Commission, press releases and
other communications. Actual results also may differ based on the Company’s ability to successfully maintain and integrate
customers from acquisitions.
The Company intends any forward-looking statements to be covered by the Litigation Reform Act of 1995 and is including
this statement for purposes of said safe harbor provisions. Readers and attendees are cautioned not to place undue reliance
on forward-looking statements, which speak only as of the date of this presentation. Except as required by applicable law or
regulation, the Company undertakes no obligation to update any forward-looking statements to reflect events or
circumstances that occur after the date as of which such statements are made.
The Company’s capital strategy includes deployment of excess capital, the success of which efforts cannot be guaranteed.
2
 
 
 
Ø Farmington Bank, founded in 1851, is a wholly owned subsidiary of
 First Connecticut Bancorp, Inc.
Ø Community bank with strong capital position, positive trends in loan
 and deposit growth, and solid asset quality
Ø Experienced management team focused on organic growth strategy
Ø Clear strategic priorities
Ø Strong, scalable franchise in central Connecticut
Ø Broad risk management program focused on “best practices”
Ø Culture that encourages a decision-making process that allows for
 teamwork, yet places clear responsibility and authority with the
 individual
Executive Summary
3
 
 
 
Franchise Overview
§ 18 branch offices
§ De novo strategy adding 2-3 branches a year through 2013, then reassess
§ Strategically located in affluent Hartford, CT suburbs
 
18 Branches And Expanding
First Connecticut Bancorp, Inc. - NASDAQ
(FBNK)
Farmington Bank - wholly owned subsidiary
Headquarters: Farmington, Connecticut
Assets: $1.7 billion 
Loans: $1.4 billion 
Deposits: $1.3 billion 
Capital: $248 million
  (as of 6/30/12) 
  
Corporate Profile
4
 
 
 
Ø Too big to be small…….
Ø Too small to be big…….
 
Market Position
 
 
 
6
 
 
 
Strategic Initiatives /
Accomplishments
7
•
Significant deposit growth - 51% growth since 2008
•
Strong commercial loan growth - 83% growth since 2008
•
Established a scalable residential lending platform with goal to
•
Opened 6 de novo branches in last 24 months
•
Focus on transaction accounts and new households
•
Transition to a retail sales culture
•
Strong enterprise risk management
•
Strategic initiatives to build "best in class":
** commercial credit and underwriting ** cash management
** small business banking ** retail banking
** residential lending ** government banking ** marketing
Executed Organic
Growth Strategy
Invested in People,
Technology and
Franchise
Capital
•
Raised $172 million of capital in June 2011
Geographic
Diversification of the
Deposit Base
 
 
 
8
 
 
 
Diversified Loan Portfolio
9
Commercial and
Industrial 11.7%
CRE (owner occupied)
8.1%
CRE (non -
owner
occupied) 19.5%
Residential Mortgages
40.3%
Consumer Loans 9.6%
Construction 3.4%
Small Business 3.0%
Resort 4.5%
Commercial 50.1%
Residential 40.3%
Consumer
100.0%
$1.4 billion
as of 6/30/2012
 
 
 
Total Loan Growth
23% growth since
2010, despite strategic
reduction of $40.5
million in resort loan
portfolio
10
Total Loans (period ended)
 
 
 
Asset Quality Metrics
11
 
 
 
Commercial Banking
12
 
 
 
Small Business Banking
13
 
 
 
Residential Mortgage and
Consumer Lending
14
 
 
 
Diversified Deposit Base
15
6/30/2012
6/30/2012
 
 
 
Retail Banking
16
 
 
 
Financial Performance
17
Selected Annual Financial Data
 
 
 
Financial Performance
Selected Quarterly Financial Data
(000’s)
 
 
 
Financial Performance
19
 
 
 
Strategic Direction
20
 
 
 
21
 
 
 
Supplemental Information
Appendix
22
 
 
 
Income Statement 2008 - 6/30/12
(000’s)
Select Financial Data
23
 
 
 
Select Financial Data
24
Income Statement last 5 quarters
(000’s)
 
 
 
25
 
 
 
Select Financial Data
26
 
 
 
Asset Quality Metrics
27
 
 
 
Commercial Loan Growth
28
 
 
 
Residential and Consumer Loan Growth
29
 
 
 
Deposit Diversification
Checking & MMDA / Savings vs Time Deposits (000’s)
30
 
 
 
Checking Growth
Consumer Checking Growth (000’s)
31
 
 
 
Checking Growth
Business Checking Growth (000’s)
32
 
 
 
De Novo Branch Deposit Growth & Point
of Profitability (In Millions)
average profitability at $20 million
33
 
 
 
John J. Patrick, Jr.
Chairman, President and Chief Executive Officer
Gregory A. White
Executive Vice President, Chief Financial Officer
Investor Information:
Jennifer H. Daukas
Investor Relations Officer
860-284-6359 or jdaukas@farmingtonbankct.com
Corporate Contacts
34
 

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