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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 : |
2026-06-30 |
| Naugatuck, Connecticut, 6770 |
Updated : |
2026-07-29 |
| 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 : |
371 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 2,783,038 |
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Total Interest Income | 69,907 |
| Total Liabilities | 2,441,795 |
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Total NonInterest Income | 13,242 |
| Total Bank Equity Capital | 341,243 |
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Total Interest Expense | 16,339 |
| Total Deposits | 2,277,893 |
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Total NonInterest Expense | 49,624 |
| Net Loans & Leases | 1,989,034 |
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Net Income | 12,800 |
| Loan Loss Allowance | 22,325 |
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Net Charge Offs | 1,259 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 347,851 |
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Total loans | 2,028,148 |
| Total assets for the leverage ratio | 2,734,684 |
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Loans secured by real estate: | 1,606,788 |
| Tier 1 Leverage Ratio | 11.91 |
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Commercial and industrial loans | 188,199 |
| Tier 1 Capital Ratio | 15.75 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 16.82 |
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Loans to individuals - Other | 199,345 |
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