Ascend Bank

Guilford, CT
IDRSSD: 831008
Total Assets
$1.46B
Latest filing
Total Deposits
$1.28B
Latest filing
Net Interest Margin
3.52%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

211170208GUILFORD, CT

Key People

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Locations

Main office and branches. Select to view on the map.

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Main Office
Ascend Bank
1 Park St
Guilford, CT 06437
Full Service - Brick and Mortar
Updated 01/30/2026Established 12/06/1875FDIC Certificate 12114

Branches (12)

Page 1 of 2
NameAddressCity / State
Ascend Bank (Main)1 Park StGuilford, CT
THE GUILFORD PLAZA BRANCH625 Boston Post RdGuilford, CT
MADISON BRANCH589 Boston Post RdMadison, CT
WEST SIDE OFFICE666 W Main StNorwich, CT
JEWETT CITY BRANCH1 Slater AveJewett City, CT
NORTH MAIN STREET BRANCH61 N Main StBranford, CT
EASTERN CONNECTICUT BRANCH257 Main StNorwich, CT
OLD TOLL ROAD BRANCH494 Old Toll RdMadison, 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

Institution Profile

Institution ClassState chartered stock savings banks / S&L
Primary RegulatorFDIC
Established Date12/06/1875
Community BankYes
Ownership TypeNot Mutual
ZIP06437
State and County Number09170
Subchapter S CorporationsNo
Trust PowersTrust Powers Not Granted
Federal Reserve ID Number01
Numeric code41
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictNew York
Core Based Statistical Area NameN/A

Operational Info

Number of Employees183
Domestic Offices13
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date07/01/2025
Date of Deposit Insurance07/01/1960
Primary Insurance AgencyDIF
Websitewww.ascend.bank
Data Updated01/30/2026
CERT18194
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.46B
Total Deposits$1.28B
Total Liabilities$1.31B
Total Equity Capital$144.22M
Net Income$2.25M
Net Loans and Leases$1.13B
Assets Per Employee ($Millions)$8.36M
Bank Premises and Fixed Assets$28.27M
Cash and Balances due from Depository Institutions$31.37M
Deposits Held in Domestic Offices$1.28B

Key Performance Ratios

Return on Assets (ROA)0.62%
Return on Equity (ROE)6.3%
Net Interest Margin3.52%
Efficiency Ratio80.42%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets-0.03%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.911%
Earning Assets to total Assets92.18%

Income and Expense

Total Interest Income$17.95M
Total Noninterest Income$2.73M
Total Interest Expense$6.22M
Total Noninterest Expense$11.91M
Net Interest Income$11.73M
Pre-tax Net Operating Income$2.67M
Provision for Credit Losses$-121,000
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$9.95M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$16.06M
Total Liabilities and Capital$1.46B

Securities

Securities$189.19M
Available-for-sale debt securities$170.22M
Equity securities with readily determinable fair values not held for trading
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?
$1.46B 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?
3.52%.
How many domestic offices does it operate?
13.
When was it established?
12/06/1875.
What is the Return on Assets (ROA)?
0.62%.
How much are total loans and leases?
$1.13B (latest filing).
What is the total interest income (latest filing)?
$17.95M.