|
 |
|
|
 Ion Bank
Ion Bank
| RSSD ID 407506 | CERTIFICATE 18198 | ABA NUMBER 211174178 |
| 87 Church St |
Quarter Ended : |
2025-09-30 |
| Naugatuck, Connecticut, 6770 |
Updated : |
2025-10-29 |
| www.ionbank.com |
|
| 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 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
37 |
Number of Employees : |
381 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 2,768,012 |
|
Total Interest Income | 95,137 |
| Total Liabilities | 2,421,141 |
|
Total NonInterest Income | 29,975 |
| Total Bank Equity Capital | 346,871 |
|
Total Interest Expense | 25,484 |
| Total Deposits | 2,256,095 |
|
Total NonInterest Expense | 74,157 |
| Net Loans & Leases | 2,035,684 |
|
Net Income | 20,900 |
| Loan Loss Allowance | 21,560 |
|
Net Charge Offs | 1,391 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Total capital | 352,438 |
|
Total loans | 2,041,162 |
| Total assets for the leverage ratio | 2,780,193 |
|
Loans secured by real estate: | 1,629,224 |
| Tier 1 Leverage Ratio | 11.91 |
|
Commercial and industrial loans | 187,663 |
| Tier 1 Capital Ratio | 15.78 |
|
Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 16.8 |
|
Loans to individuals - Other | 201,273 |
|
|
|
|
:· Ion Bank
