Ion Bank
Total assets
$2.78B
▼ -0.1% YoY
Deposits
$2.28B
▼ -0.1% YoY
Loans
$1.99B
▼ -1.0% YoY
Offices
37
ION FINANCIAL MHC INC
ROA (annualized)
0.93%
peers 1.26%
ROE (annualized)
7.63%
peers 12.17%
Peer comparison 887 banks with 1B-10B in assets
| Metric | Ion Bank | Peer median | Δ |
|---|---|---|---|
| Asset growth (YoY) | -0.1% | +5.5% | -5.6 pts |
| Deposit growth (YoY) | -0.1% | +5.1% | -5.2 pts |
| Loan growth (YoY) | -1.0% | +5.9% | -7.0 pts |
| ROA | 0.93% | 1.26% | -0.3 pts |
| ROE | 7.6% | 12.2% | -4.5 pts |
ROA ranks in the 25th percentile of its peer group · Q2 2026
Profile
- Established
- 1870
- Charter
- State
- Primary regulator
- FED
- Holding company
- ION FINANCIAL MHC INC
- Specialization
- Commercial Lending Specialization
- Address
- 251 Church St, Naugatuck, CT, 06770
- County
- Naugatuck Valley
- Offices
- 37
- FDIC cert #
- 18198
- RSSD ID
- 407506
- Latest call report
- Q2 2026
Total assets last 8 quarters
Deposits last 8 quarters
Quarterly financials FDIC call report
| Quarter | Assets | Deposits | Loans | Equity | Net income YTD | ROA | NIM | Nonperforming |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $2.78B | $2.28B | $1.99B | $341.2M | $12.8M | 0.93% | 4.23% | 1.27% |
| Q1 2026 | $2.77B | $2.26B | $2.03B | $335.0M | $5.9M | 0.85% | 4.15% | 0.88% |
| Q4 2025 | $2.73B | $2.23B | $2.03B | $329.9M | $19.9M | 0.79% | 4.19% | 0.78% |
| Q3 2025 | $2.77B | $2.26B | $2.04B | $346.9M | $20.9M | 1.13% | 4.14% | 0.63% |
| Q2 2025 | $2.79B | $2.28B | $2.01B | $338.7M | $14.0M | 1.19% | 4.08% | 0.72% |
| Q1 2025 | $2.16B | $1.85B | $1.65B | $219.0M | $5.4M | 1.02% | 4.00% | 0.50% |
| Q4 2024 | $2.11B | $1.80B | $1.61B | $214.4M | $15.2M | 0.71% | 3.42% | 0.50% |
| Q3 2024 | $2.13B | $1.79B | $1.57B | $212.4M | $12.6M | 0.78% | 3.29% | 0.52% |
Loan mix (Q2 2026): real estate $1.59B · commercial $188.3M · consumer $198.8M · securities $239.5M
Ratio pack Q2 2026 · peer medians from 887 institutions
Profitability
| Ratio | Ion Bank | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Return on assets Annualized net income ÷ assets | 0.93% | 1.26% | 25th | |
Return on equity Annualized net income ÷ equity or net worth | 7.6% | 12.2% | 18th | |
Net interest margin Interest income − interest expense, ÷ assets | 4.23% | 3.70% | 79th | |
Efficiency ratio Operating expense ÷ revenue — lower is leaner | 72.6% | 59.0% | 84th | |
Non-interest income share Fees and other income as a share of total revenue | 00.0% | 00.0% | ||
Cost of funds Annualized interest expense ÷ deposits | 00.0% | 00.0% |
Balance sheet
| Ratio | Ion Bank | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Loan-to-deposit Loans ÷ deposits (shares). Above ~90% needs funding; below ~60% needs loan demand | 00.0% | 00.0% | ||
Loans-to-assets How much of the balance sheet is lent out | 00.0% | 00.0% | ||
Securities-to-assets Investment portfolio as a share of assets | 00.0% | 00.0% | ||
Cash-to-assets On-balance-sheet liquidity | 00.0% | 00.0% |
Capital
| Ratio | Ion Bank | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Capital ratio Tier 1 capital (banks) or net worth (CUs) ÷ assets. NCUA well-capitalized line: 7% | 00.0% | 00.0% |
Credit quality
| Ratio | Ion Bank | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Nonperforming / delinquency Banks: nonperforming assets ÷ assets. CUs: 60+ day delinquent loans ÷ loans | 00.0% | 00.0% | ||
Net charge-off rate Annualized charge-offs net of recoveries ÷ loans | 00.0% | 00.0% | ||
CRE concentration Commercial real estate loans ÷ capital. Regulators flag banks above 300% | 00.0% | 00.0% |
Franchise
| Ratio | Ion Bank | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Assets per office Branch efficiency; high numbers usually mean digital-first | 00.0% | 00.0% |
11 more ratios, with trends and peer percentiles.
See Pro plan →The full ratio pack is part of CharterBench Pro.
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