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 Ion Bank
Ion Bank
| RSSD ID 407506 | CERTIFICATE 18198 | ABA NUMBER 211174178 |
| 87 Church St |
Quarter Ended : |
2025-06-30 |
| Naugatuck, Connecticut, 06770 |
Updated : |
2025-07-30 |
| www.ionbank.com |
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| Institution Profile |
| Year Opened : |
1870 |
Institution Type : |
Stock and Mutual Savings bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
37 |
Number of Employees : |
390 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 2,786,834 |
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Total Interest Income | 59,597 |
| Total Liabilities | 2,448,181 |
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Total NonInterest Income | 22,975 |
| Total Bank Equity Capital | 338,653 |
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Total Interest Expense | 15,698 |
| Total Deposits | 2,280,727 |
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Total NonInterest Expense | 49,257 |
| Net Loans & Leases | 2,009,866 |
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Net Income | 14,040 |
| Loan Loss Allowance | 21,433 |
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Net Charge Offs | 906 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 344,946 |
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Total loans | 1,918,188 |
| Total assets for the leverage ratio | 2,563,632 |
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Loans secured by real estate: | 1,440,572 |
| Tier 1 Leverage Ratio | 12.63 |
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Commercial and industrial loans | 186,896 |
| Tier 1 Capital Ratio | 15.64 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 16.66 |
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Loans to individuals - Other | 199,532 |
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:· Ion Bank
