SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON D. C. 20549

                                   FORM 10-Q/A

                                  Amendment #1

                   QUARTERLY REPORT UNDER SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

For Quarter Ended June 30, 1999                  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) 610-3600

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 July
31, 1999 was 7,036,494.

The total number of pages in this report is 5.


<PAGE>



                       NEW ENGLAND COMMUNITY BANCORP, INC.

                                TABLE OF CONTENTS

                                                                        Page No.

     Part I.    FINANCIAL INFORMATION                                         3

     Item 1.    Financial Statements:

                Consolidated Statement of Cash flows--

                      Six months ended June 30, 1999 and 1998 (corrected)     4

                SIGNATURES                                                    5




















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<PAGE>

Form 10-Q, Quarterly Report
New England Community Bancorp, Inc.
Commission File No. 0-14550

     New England  Community  Bancorp,  Inc. ("NECB") hereby amends its Quarterly
Report on Form 10-Q,  for the quarter  ended June 30, 1999 and dated  August 14,
1999.


Part I---FINANCIAL INFORMATION

     In the original filing of NECB's  quarterly  report on Form 10-Q,  (made on
August  16,  1999),  a line in the  consolidated  statement  of cash  flows  was
omitted.  The line item  captioned  "Repuchases  of common  stock for  Treasury"
reporting  the outflow of $2,681  (thousand)  for the period ended June 30, 1999
was not  shown  in the  financing  activities  section  of this  statement.  All
subtotals and totals shown on this report were correct as presented.

     Consequently,  NECB hereby amends PART I, Item 1 in the quarterly report on
form  10-Q by  submitting  corrected  consolidated  Statement  of Cash  Flows as
included herein.










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<PAGE>

                       NEW ENGLAND COMMUNITY BANCORP, INC.
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (Unaudited)

<TABLE>
<CAPTION>
(Thousands of dollars)                                                                               Six Months Ended
                                                                                                        June 30,
                                                                                             1999                  1998
-----------------------------------------------------------------------------------------------------------------------
<S>                                                                                     <C>                   <C>
OPERATING ACTIVITIES:
     Net income                                                                            $4,345                $4,625
     Adjustment for noncash charges (credits):
       Provision for depreciation and amortization                                            714                   698
       Losses from sale or disposal and provisions to reduce the carrying value
          of other real estate owned, net                                                      58                  (253)
       Securities losses (gains), net                                                        (499)               (1,417)
       Accretion of discounts and amortization of premiums on bonds, net                      (22)                   54
       Amortization of goodwill and other intangibles                                         235                   195
       Provision for possible loan losses                                                     333                   805
       Loss on sale of portfolio loans, net                                                                         715
       (Increase) decrease in assets, net                                                   3,313                (2,200)
       Decrease (increase) in loans held-for-sale                                             991                (4,755)
       (Decrease) increase in liabilities, net                                             (1,325)                  273
                                                                                        ---------             ---------
              Net cash provided by (used for) operating activities                          8,143                (1,260)
                                                                                        ---------             ---------

FINANCING ACTIVITIES:
     Net decrease in noninterest-bearing accounts                                         (14,020)               (6,140)
     Net decrease in interest-bearing accounts                                             (6,274)              (14,855)
     Net increase in short-term borrowings                                                 21,940                 7,734
     Net increase in long-term borrowings                                                   7,973                 7,289
     Proceeds from issuance of common stock                                                  (139)                  413
     Repurchases of common stock for treasury                                              (2,681)
     Cash dividends paid                                                                   (1,537)               (1,037)
                                                                                        ---------             ---------
              Net cash used for financing activities                                        5,262                (6,596)
                                                                                        ---------             ---------

INVESTING ACTIVITIES:
     Loans originated, net of principal collections                                        (3,684)               (1,614)
     Decrease in interest-bearing time deposits                                                99                    87
     Proceeds from sale of portfolio loans                                                                       10,157
     Purchases of securities available-for-sale                                           (67,375)              (53,122)
     Proceeds from sales of securities available-for-sale                                   2,042                18,884
     Proceeds from maturities of securities available-for-sale                             45,797                28,289
     Proceeds from maturities of securities held-to-maturity                                1,553                 2,039
     Proceeds from sales of other real estate owned                                           586                 2,774
     Purchases of premises and equipment, net                                              (1,755)                 (803)
     Sales of premises and equipment                                                            6                    49
     Capitalization of expenditures on other real estate owned                                                     (342)
                                                                                        ---------             ---------
              Net cash provided by (used for) investing activities                        (22,731)                6,398
                                                                                        ---------             ---------
     Decrease in cash and cash equivalents                                                 (9,326)               (1,458)
     Cash and cash equivalents, beginning of period                                        52,844                61,030
                                                                                        ---------             ---------
     Cash and cash equivalents, end of period                                            $ 43,518              $ 59,572
                                                                                         ========              ========

                The accompanying notes are an integral part of these consolidated financial statements.
</TABLE>

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<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:  September 2, 1999              By:
                                           -------------------------------
                                           Anson C. Hall
                                           Vice President and Treasurer







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