The National Iron Bank

Salisbury, CT
IDRSSD: 1008209
Total Assets
$318.12M
Latest filing
Total Deposits
$292.84M
Latest filing
Net Interest Margin
2.77%
Profitability

Locations

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Main Office
The National Iron Bank
195 Main St
Salisbury, CT 06068
Full Service - Brick and Mortar
Updated 11/14/2025Established 08/17/1847FDIC Certificate 1640

Branches (3)

Page 1 of 1
NameAddressCity / State
The National Iron Bank (Main)195 Main StSalisbury, CT
THE CORNWALL BRANCH366 Furnace Brook RdCornwall Bridge, CT
NORFOLK BRANCH2 John J Curtiss RdNorfolk, CT
WASHINGTON DEPOT BRANCH2 Bee Brook RdWashington Depot, CT
Showing 3 of 3

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 ClassCommercial bank, national (federal) charter, Fed member, and supervised by the OCC
Primary RegulatorOCC
Established Date08/17/1847
Community BankYes
Ownership TypeNot Mutual
ZIP06068
State and County Number09160
Subchapter S CorporationsYes
Trust PowersN/A
Federal Reserve ID Number01
Numeric code3
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 Employees33
Domestic Offices4
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date11/17/2024
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.ironbank.com
Data Updated11/14/2025
CERT2496
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$318.12M
Total Deposits$292.84M
Total Liabilities$293.28M
Total Equity Capital$24.84M
Net Income$395.00k
Net Loans and Leases$254.99M
Assets Per Employee ($Millions)$9.09M
Bank Premises and Fixed Assets$673.00k
Cash and Balances due from Depository Institutions$16.51M
Deposits Held in Domestic Offices$292.84M

Key Performance Ratios

Return on Assets (ROA)0.51%
Return on Equity (ROE)6.42%
Net Interest Margin2.77%
Efficiency Ratio79.34%
Tier 1 Risk-Based Capital Ratio16.312%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.06%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets7.809%
Earning Assets to total Assets98.55%

Income and Expense

Total Interest Income$3.43M
Total Noninterest Income$185.00k
Total Interest Expense$1.33M
Total Noninterest Expense$1.82M
Net Interest Income$2.10M
Pre-tax Net Operating Income$425.00k
Provision for Credit Losses$48.00k
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$0
Federal Funds Sold & Reverse Repurchase Agreement$147.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$445.00k
Total Liabilities and Capital$318.12M

Securities

Securities$43.61M
Available-for-sale debt securities$27.10M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$16.52M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of The National Iron Bank?
$318.12M as of the latest filing.
How much are The National Iron Bank's total deposits?
$292.84M in total deposits.
Where is The National Iron Bank located?
Salisbury, CT.
What is the Net Interest Margin?
2.77%.
How many domestic offices does it operate?
4.
When was it established?
08/17/1847.
What is the Return on Assets (ROA)?
0.51%.
How much are total loans and leases?
$254.99M (latest filing).
What is the total interest income (latest filing)?
$3.43M.