Farmington Bank's 1Q net rises

BY Gregory Seay

The parent of Farmington Bank posted an 18 percent jump in first-quarter net income.

For three months ended March 31, First Connecticut Bancorp Inc. said it netted $6 million, or 38 cents a diluted share, up from $5.1 million, or 32 cents a share, netted the same quarter a year ago.

Farmington Bank ended the quarter with $3.1 billion in assets vs. $2.9 billion a year earlier.