Ion Bank

BankNaugatuck, Connecticut
www.ionbank.com

Total Assets

$2.7B

Total Deposits

$2.2B

Branches

37

Established

1870

TFS Health Grade

$
C-

70.3 / 100

Average financial health

How we grade

Ion Bank is a bank headquartered in Naugatuck, Connecticut, established in 1870. With $2.7B in total assets and 37 branch locations, it has a TFS Financial Health Grade of C- (70.3/100).

Capital & Safety

Tier 1 Capital Ratio
11.36%(8%)
Total Capital Ratio
15.92%(10%)
Non-Performing Loan Ratio
0.87%

Profitability

Return on Assets (ROA)
0.79%(1%)
Return on Equity (ROE)
6.88%(10%)
Net Interest Margin
4.19%
Efficiency Ratio
78.63%(60%)

Lending & Liquidity

Total Loans
$2.1B
Loan-to-Deposit Ratio
91.01%
Net Charge-Off Ratio
0.11%

Growth

Asset Growth (YoY)
+29.35%
Deposit Growth (YoY)
+23.99%
Net Income
$19.9M

Data sourced from FDIC BankFind Suite / NCUA Call Reports as of 2025-Q4. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.

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