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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D. C. 20549
FORM 10-Q/A
AMENDMENT NO. 1
QUARTERLY REPORT UNDER SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For Quarter Ended June 30, 1996 Commission File Number 0-14550
NEW ENGLAND COMMUNITY BANCORP, INC.
DELAWARE 06-1116165
OLD WINDSOR MALL
P.O. BOX 130
WINDSOR, CONNECTICUT, 06095
Telephone: (860) 688-5251
Indicate by check mark whether registrant (1) has filed all reports required to
be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding twelve months, and (2) has been subject to such filing
requirements for the past 90 days. YES X NO
------ ------
The number of shares of common stock of the registrant outstanding as of October
1st, 1996 was 3,633,166.
The total number of pages in this report is 3.
Page -1-
<PAGE>
NEW ENGLAND COMMUNITY BANCORP, INC.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
NEW ENGLAND COMMUNITY BANCORP, INC.
Date: October 1st, 1996 By: /S/ ANSON C. HALL
-----------------------------
Anson C. Hall
Vice President and Treasurer
<TABLE> <S> <C>
<ARTICLE> 9
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> Dec-31-1995
<PERIOD-END> Jun-30-1996
<CASH> 16,262
<INT-BEARING-DEPOSITS> 241,954
<FED-FUNDS-SOLD> 9,097
<TRADING-ASSETS> 0
<INVESTMENTS-HELD-FOR-SALE> 0
<INVESTMENTS-CARRYING> 77,264
<INVESTMENTS-MARKET> 78,007
<LOANS> 215,722
<ALLOWANCE> 4,454
<TOTAL-ASSETS> 336,760
<DEPOSITS> 296,248
<SHORT-TERM> 6,940
<LIABILITIES-OTHER> 2,204
<LONG-TERM> 0
0
0
<COMMON> 308
<OTHER-SE> 31,060
<TOTAL-LIABILITIES-AND-EQUITY> 336,760
<INTEREST-LOAN> 10,524
<INTEREST-INVEST> 2,247
<INTEREST-OTHER> 207
<INTEREST-TOTAL> 12,978
<INTEREST-DEPOSIT> 4,693
<INTEREST-EXPENSE> 4,739
<INTEREST-INCOME-NET> 8,239
<LOAN-LOSSES> 1,034
<SECURITIES-GAINS> (5)
<EXPENSE-OTHER> 5,567
<INCOME-PRETAX> 2,744
<INCOME-PRE-EXTRAORDINARY> 2,744
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 1,866
<EPS-PRIMARY> 0.61
<EPS-DILUTED> 0.61
<YIELD-ACTUAL> 8.29
<LOANS-NON> 4,625
<LOANS-PAST> 160
<LOANS-TROUBLED> 0
<LOANS-PROBLEM> 10,096
<ALLOWANCE-OPEN> 4,446
<CHARGE-OFFS> 1,098
<RECOVERIES> 73
<ALLOWANCE-CLOSE> 4,454
<ALLOWANCE-DOMESTIC> 4,454
<ALLOWANCE-FOREIGN> 0
<ALLOWANCE-UNALLOCATED> 0
</TABLE>
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