ASCEND MUTUAL HOLDING Financial Reports

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General Interest
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Mergers & Acquisitions
::	Holding Company Mergers & Acquisitions
::	Bank Mergers & Acquisitions
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Off Balance Sheet
::	Holding Company Credit Default Swaps
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::	Derivatives
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ASCEND MUTUAL HOLDING

Institution Profile

Year Opened :

2020

Institution Type :

Holding Company

Reserve District :

Boston

Federal Regulator :

FED

Entity Type :

Bank Holding Company

Fiscal Year End :

12/31

Structure :

Mutual

S-Corp :

External Auditor :

Whittlesey

Related Bank / Thrift	Assets	Asset Concentration
Ascend Bank	1,437,220	Commercial Lending Specialization

Financial Fast Facts
Balance Sheet (USD, in thousands)		Income Statement (USD, in thousands, ytd)

Total Assets	144,510	Total Operating Income	0
Total Liabilities	0	Total Operating Expenses	453
Total Equity Capital	144,510	Equity in Undistributed Income	4,556
		Net income (loss)	4,202

Miscellaneous
Cash Dividends Declared by Bank Holding Company	0
Total Consolidated Assets of Bank Holding Company	1,455,213

Source of Data: FDIC, FRB, NCUA, OCC, SEC, U.S. Department of the Treasury