ION FINANCIAL MHC Financial Reports

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:· ION FINANCIAL MHC

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ION FINANCIAL MHC

Institution Profile

Year Opened :

2005

Institution Type :

Holding Company

Reserve District :

Boston

Federal Regulator :

FED

Entity Type :

Savings and Loan Holding Company

Fiscal Year End :

12/31

Structure :

Mutual

S-Corp :

External Auditor :

Whittlesey

Related Bank / Thrift	Assets	Asset Concentration
Ion Bank	2,130,473	Commercial Lending Specialization

Financial Fast Facts
Balance Sheet (USD, in thousands)		Income Statement (USD, in thousands, ytd)

Total Assets	220,619	Total Operating Income	57
Total Liabilities	20,512	Total Operating Expenses	3,067
Total Equity Capital	200,107	Equity in Undistributed Income	15,229
		Net income (loss)	12,848

Miscellaneous
Cash Dividends Declared by Bank Holding Company	0
Total Consolidated Assets of Bank Holding Company	2,114,498

Source of Data: FDIC, FRB, NCUA, OCC, SEC, U.S. Department of the Treasury