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 Ascend Bank
Ascend Bank
| RSSD ID 831008 | CERTIFICATE 18194 | ABA NUMBER 211170208 |
| 1 Park St |
Quarter Ended : |
2025-06-30 |
| Guilford, Connecticut, 06437 |
Updated : |
2025-07-30 |
| www.mygsb.bank |
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| 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 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
13 |
Number of Employees : |
145 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 1,183,190 |
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Total Interest Income | 25,917 |
| Total Liabilities | 1,061,290 |
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Total NonInterest Income | 3,728 |
| Total Bank Equity Capital | 121,900 |
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Total Interest Expense | 10,529 |
| Total Deposits | 1,045,631 |
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Total NonInterest Expense | 16,042 |
| Net Loans & Leases | 888,462 |
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Net Income | 2,286 |
| Loan Loss Allowance | 5,526 |
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Net Charge Offs | 143 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 882,311 |
| Total assets for the leverage ratio | 1,190,986 |
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Loans secured by real estate: | 839,468 |
| Tier 1 Leverage Ratio | 10.91 |
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Commercial and industrial loans | 34,267 |
| Off Balance Sheet Exposures (%) | 17.35 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 8,151 |
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:· Ascend Bank
