A bank's ability to earn money has an effect on its long-term survivability. A bank can retain its earnings, boosting its capital cushion, or put them to work addressing problematic loans, likely making the bank better able to withstand economic trouble. Conversely, losses diminish a bank's ability to do those things.
Connecticut Community Bank, National Association scored 2 out of a possible 30 on Bankrate's earnings test, coming in below the national average of 15.12.
One key way to measure a bank's earnings is return on equity, calculated by dividing net income (profit, essentially) by total equity. The most recent annualized quarterly return on equity for Connecticut Community Bank, National Association was 0.04 percent, below the national average of 8.10 percent.
For the twelve months ended December 31, 2017, the bank earned net income of $18,000 on total equity of $44.0 million. The bank had an annualized return on average assets, or ROA, of 0.00 percent, below the 1 percent deemed satisfactory in accordance with industry standards and below the average for U.S. banks of 1.00 percent.