Ascend Bank
Guilford, CT
IDRSSD: 831008
Total Assets
$1.44B
Latest filing
Total Deposits
$1.28B
Latest filing
Net Interest Margin
3.58%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Ascend Bank
1 Park St
Guilford, CT 06437
Full Service - Brick and Mortar
Updated 11/14/2025Established 12/06/1875FDIC Certificate 12114
Branches (12)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| Ascend Bank (Main) | 1 Park St | Guilford, CT |
| THE GUILFORD PLAZA BRANCH | 625 Boston Post Rd | Guilford, CT |
| MADISON BRANCH | 589 Boston Post Rd | Madison, CT |
| WEST SIDE OFFICE | 666 W Main St | Norwich, CT |
| JEWETT CITY BRANCH | 1 Slater Ave | Jewett City, CT |
| NORTH MAIN STREET BRANCH | 61 N Main St | Branford, CT |
| EASTERN CONNECTICUT BRANCH | 257 Main St | Norwich, CT |
| OLD TOLL ROAD BRANCH | 494 Old Toll Rd | Madison, CT |
Showing 7 of 12
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | State chartered stock savings banks / S&L |
| Primary Regulator | FDIC |
| Established Date | 12/06/1875 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 06437 |
| State and County Number | 09170 |
| Subchapter S Corporations | No |
| Trust Powers | Trust Powers Not Granted |
| Federal Reserve ID Number | 01 |
| Numeric code | 41 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | New York |
| Core Based Statistical Area Name | N/A |
Operational Info
| Number of Employees | 145 |
| Domestic Offices | 8 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 07/01/2025 |
| Date of Deposit Insurance | 07/01/1960 |
| Primary Insurance Agency | DIF |
| Website | www.ascend.bank |
| Data Updated | 11/14/2025 |
| CERT | 18194 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $1.44B |
| Total Deposits | $1.28B |
| Total Liabilities | $1.30B |
| Total Equity Capital | $141.16M |
| Net Income | $42.00k |
| Net Loans and Leases | $1.11B |
| Assets Per Employee ($Millions) | $7.85M |
| Bank Premises and Fixed Assets | $28.81M |
| Cash and Balances due from Depository Institutions | $33.36M |
| Deposits Held in Domestic Offices | $1.28B |
Key Performance Ratios
| Return on Assets (ROA) | 0.01% |
| Return on Equity (ROE) | 0.13% |
| Net Interest Margin | 3.58% |
| Efficiency Ratio | 94.29% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.26% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 9.822% |
| Earning Assets to total Assets | 92.41% |
Income and Expense
| Total Interest Income | $17.40M |
| Total Noninterest Income | $2.14M |
| Total Interest Expense | $6.50M |
| Total Noninterest Expense | $12.58M |
| Net Interest Income | $10.90M |
| Pre-tax Net Operating Income | $-387,000 |
| Provision for Credit Losses | $842.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $10.01M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $9.31M |
| Total Liabilities and Capital | $1.44B |
Securities
| Securities | $192.55M |
| Available-for-sale debt securities | $173.68M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Ascend Bank?
$1.44B as of the latest filing.
How much are Ascend Bank's total deposits?
$1.28B in total deposits.
Where is Ascend Bank located?
Guilford, CT.
What is the Net Interest Margin?
3.58%.
How many domestic offices does it operate?
8.
When was it established?
12/06/1875.
What is the Return on Assets (ROA)?
0.01%.
How much are total loans and leases?
$1.11B (latest filing).
What is the total interest income (latest filing)?
$17.40M.