First Connecticut Bancorp, Inc. reported unaudited earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported net income of $0.81 million or $0.05 per basic and diluted share compared to net income of $0.99 million or $0.06 per basic and diluted share for the quarter ended March 31, 2012. Net interest income was $12.7 million compared with $12.95 million a year ago. Income before income taxes was $1.1 million compared with $1.3 million a year ago. Return on average assets was 0.18% compared with 0.24% a year ago. Return average equity was 1.33% compared with 1.57% a year ago. Total core net income was $1.1 million or $0.07 per diluted share compared with $0.91 million or $0.06 per diluted share a year ago. Total core net interest income was $12.5 million compared with $12.8 million a year ago. Core return on assets was 0.24% compared with 0.22% a year ago. Core return on equity was 1.76% compared with 1.45% a year ago. As on March 31, 2013, the company's tangible book value per share was $13.76.

First Connecticut Bancorp, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, total interest income was $16,507,000 against $14,961,000 a year ago. Net interest income was $14,092,000 against $12,347,000 a year ago. Net interest income after provision for loan losses was $13,777,000 against $9,157,000 a year ago. Income before income taxes was $4,806,000 against loss before income taxes of $2,372,000 a year ago. Net income was $3,425,000 or $0.20 per basic and diluted share against net loss of $1,454,000 or $0.09 per basic and diluted share a year ago. The increase in net income primarily resulted from a decrease in noninterest expenses due to the initial vesting of the 2012 Stock Incentive Plan awards granted during the quarter ended September 30, 2012 and the impact of the freeze of non-contributory defined benefit and other post-retirement benefit plans. The increase also resulted from an increase in net interest income due to prepayment penalty fees and an increase in noninterest income as it continue to expand its secondary market residential lending program. For the full year, total interest income was $62,860,000 against $59,025,000 a year ago. Net interest income was $53,232,000 against $48,199,000 a year ago. Net interest income after provision for loan losses was $51,852,000 against $44,109,000 a year ago. Income before income taxes was $5,650,000 against loss before income taxes of $6,515,000 a year ago. Net income was $4,178,000 or $0.25 per basic and diluted share against net loss of $4,040,000 or $0.29 per basic and diluted share a year ago. Return on average assets was 0.77% compared to negative return on average assets of 0.35% reported a year ago. Return on average equity was 5.62% compared to negative return on average equity of 2.24% reported a year ago.

First Connecticut Bancorp, Inc., Annual General Meeting, May 15, 2013., at 10:00 US Eastern Standard Time. Location: Central Connecticut State University. Agenda: To elect 3 Class II Directors to serve until 2016; to consider and approve an advisory (non-binding) proposal on the company’s executive compensation; to consider and act upon a proposal to ratify the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for the company; and to transact such other business as may properly come before the meeting or any adjournments thereof.