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Ascend Bank
Guilford, CT · FDIC Certificate #18194 · Chartered 12/0
Total assets
$1.49B
Total deposits
$1.32B
Total equity
$151.18M
Net loans
$1.15B
Branches (offices)
14
Net income (YTD)
$7.62M
Rank: #742 of 4,213 U.S. banks by assets · #11 of 26 in Connecticut. Assets changed 26.3% and deposits 26.1% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.03% |
| Return on equity | 10.37% |
| Net interest margin (YTD) | 3.45% |
| Equity to assets | 10.11% |
| Tier 1 leverage ratio | 9.65% |
| Uninsured deposits (share of deposits) | 23.6% |
| Noncurrent loans (share of loans) | 0.50% |
| Net charge-offs (share of loans) | 0.06% |
| Loans to deposits | 87.5% |
| Real estate loans (share of loans) | 95.4% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $1.10B | 95.4% | |
| Commercial & industrial | $42.87M | 3.7% | |
| Consumer / individual | $18.98M | 1.6% | |
| Construction & development | $66.88M | 5.8% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $1.04B | $912.52M | $2.21M | $106.62M |
| Jun 2023 | $1.06B | $890.68M | $2.92M | $110.89M |
| Jun 2024 | $1.12B | $984.26M | $677.00K | $114.56M |
| Jun 2025 | $1.18B | $1.05B | $2.29M | $121.90M |
| Jun 2026 | $1.49B | $1.32B | $7.62M | $151.18M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Connecticut | $1.32B | 14 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $1.32B.
Similar-sized banks
First National Bank Of Pulaski ($1.50B) · Park State Bank ($1.49B)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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