|
 |
|
|
 Ascend Bank
Ascend Bank
| RSSD ID 831008 | CERTIFICATE 18194 | ABA NUMBER 211170208 |
| 1 Park St |
Quarter Ended : |
2025-12-31 |
| Guilford, Connecticut, 6437 |
Updated : |
2026-01-30 |
| Institution Profile |
| Year Opened : |
1875 |
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 : |
13 |
Number of Employees : |
174 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 1,455,100 |
|
Total Interest Income | 61,270 |
| Total Liabilities | 1,310,880 |
|
Total NonInterest Income | 8,594 |
| Total Bank Equity Capital | 144,220 |
|
Total Interest Expense | 23,253 |
| Total Deposits | 1,284,867 |
|
Total NonInterest Expense | 40,535 |
| Net Loans & Leases | 1,129,633 |
|
Net Income | 4,556 |
| Loan Loss Allowance | 8,614 |
|
Net Charge Offs | 716 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
|
Total loans | 1,117,881 |
| Total assets for the leverage ratio | 1,452,209 |
|
Loans secured by real estate: | 1,126,861 |
| Tier 1 Leverage Ratio | 9.44 |
|
Commercial and industrial loans | 45,833 |
| Off Balance Sheet Exposures (%) | 16.25 |
|
Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
|
Loans to individuals - Other | 15,584 |
|
|
|
|
:· Ascend Bank
