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 Ion Bank
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Ion Bank
| RSSD ID 407506 | CERTIFICATE 18198 | ABA NUMBER 211174178 |
| 251 Church St |
Quarter Ended : |
2026-03-31 |
| Naugatuck, Connecticut, 6770 |
Updated : |
2026-04-29 |
| www.ionbank.com |
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| Institution Profile |
| Year Opened : |
1870 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
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 : |
394 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 2,769,160 |
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Total Interest Income | 34,432 |
| Total Liabilities | 2,434,156 |
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Total NonInterest Income | 6,661 |
| Total Bank Equity Capital | 335,004 |
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Total Interest Expense | 8,254 |
| Total Deposits | 2,259,561 |
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Total NonInterest Expense | 24,728 |
| Net Loans & Leases | 2,029,716 |
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Net Income | 5,853 |
| Loan Loss Allowance | 22,377 |
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Net Charge Offs | 825 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 340,435 |
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Total loans | 2,082,972 |
| Total assets for the leverage ratio | 2,744,932 |
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Loans secured by real estate: | 1,633,825 |
| Tier 1 Leverage Ratio | 11.6 |
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Commercial and industrial loans | 185,776 |
| Tier 1 Capital Ratio | 15.3 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 16.36 |
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Loans to individuals - Other | 196,896 |
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:· Ion Bank
