Briefs: New England Bancorp Buys 1st of W. Hartford

New England Community Bancorp has completed its acquisition of First Bank of West Hartford.

Under the deal, First Bank shareholders were entitled to 0.62 of a New England Community common share for each First Bank share owned. New England Community will account for the acquisition as a pooling-of-interests.

At midyear New England Community had $438 million of assets, and First Bank had $83 million.

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