Naugatuck, CT · Cert 18198 · Ion Financial MHC Inc.
State charter, Fed member · FED · 36 branches
Q2 2026
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
Banks $1B-$10B in assets operating regionally (n=176). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
85
Asset Quality
24
Profitability
37
Liquidity
92
Efficiency
14
Growth
No peer data yet
Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.
Naugatuck, CT · Cert 18198 · Ion Financial MHC Inc.
State charter, Fed member · FED · 36 branches
Q2 2026
Market Position · Waterbury-Shelton, CT · 2026 SOD (annual) · 8.2% share · #6 of 16 inst. · $1.0B of $12.5B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.78% | 0.71% | 1.02% | 1.19% | 1.13% | 0.79% | 0.85% | 0.93% | -27 bps | |
| Return on Equity | 8.31% | 7.43% | 10.01% | 10.91% | 9.96% | 6.88% | 7.04% | 7.63% | -328 bps | |
| Net Interest Margin | 3.00% | 3.18% | 3.66% | 3.42% | 3.34% | 3.49% | 3.81% | 3.92% | +49 bps | |
| Efficiency Ratio | 78.77% | 79.86% | 70.62% | 72.88% | 73.32% | 78.63% | 73.49% | 72.60% | -28 bps | |
| Non-Interest Burden | 2.13% | 2.31% | 2.24% | 2.03% | 2.10% | 2.52% | 2.61% | 2.64% | +61 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -2.28% | -4.51% | 2.91% | 30.52% | 29.92% | 29.35% | 28.20% | -0.14% | -3,066 bps | |
| Loan Growth (YoY) | 4.70% | 5.57% | 8.40% | 29.43% | 29.66% | 25.74% | 23.03% | -0.98% | -3,042 bps | |
| Deposit Growth (YoY) | 3.23% | 1.16% | 5.26% | 26.41% | 25.92% | 23.99% | 22.25% | -0.12% | -2,653 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.36% | 0.32% | 0.33% | 0.72% | 0.59% | 0.87% | 1.01% | 1.49% | +77 bps | |
| Net Charge-Offs / Loans | 0.03% | 0.07% | 0.11% | 0.09% | 0.09% | 0.10% | 0.16% | 0.13% | +4 bps | |
| Allowance / Loans | 1.12% | 1.09% | 1.06% | 1.06% | 1.05% | 1.09% | 1.09% | 1.11% | +5 bps | |
| Allowance Coverage of NPLs | 3.1x | 3.4x | 3.3x | 1.5x | 1.8x | 1.3x | 1.1x | 0.7x | -0.7x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.64% | 10.00% | 10.00% | 12.63% | 11.91% | 11.36% | 11.60% | 11.91% | -72 bps | |
| Total Risk-Based Capital | 13.78% | 13.61% | 13.31% | 16.66% | 16.80% | 15.92% | 16.36% | 16.82% | +16 bps | |
| Equity / Assets | 9.97% | 10.15% | 10.14% | 12.15% | 12.53% | 12.08% | 12.10% | 12.26% | +11 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 88.56% | 90.73% | 90.24% | 89.06% | 91.19% | 92.01% | 90.82% | 88.30% | -76 bps | |
| Liquid Assets / Assets | 4.28% | 3.01% | 3.77% | 8.08% | 7.35% | 7.44% | 9.99% | 11.37% | +328 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 323% | 341% | 333% | n/a | n/a | |
Naugatuck, CT · Cert 18198 · Peer group: banks $1B-$10B in assets operating regionally (n=176) · Ion Financial MHC Inc.
State charter, Fed member · FED · 36 branches
Q2 2026
Return on Assets
0.92%
Rank 134 of 176
Net Interest Margin
3.92%
Rank 45 of 176
Efficiency Ratio
74.28%
Rank 152 of 176
Equity / Assets
12.26%
Rank 35 of 176
| Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 0.92% | 0.93% | 1.26% | 1.54% | Beats 24% | 134 / 176 | ||
| Return on Equity | 7.50% | 9.26% | 11.89% | 14.46% | Beats 14% | 152 / 176 | ||
| Net Interest Margin | 3.92% | 3.25% | 3.59% | 3.93% | Beats 74% | 45 / 176 | ||
| Efficiency Ratio | 74.28% | 52.79% | 59.55% | 67.66% | Beats 14% | 152 / 176 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 1.50% | 0.30% | 0.64% | 1.32% | Beats 16% | 148 / 176 | ||
| Net Charge-Offs / Loans | 0.08% | 0.01% | 0.04% | 0.10% | Beats 32% | 122 / 176 | ||
| Capital | ||||||||
| Tier 1 Capital Ratio | 15.75% | 11.15% | 12.72% | 14.15% | Beats 88% | 21 / 176 | ||
| Total Risk-Based Capital Ratio | 16.82% | 11.81% | 13.63% | 15.33% | Beats 88% | 22 / 176 | ||
| Equity / Assets | 12.26% | 9.16% | 10.35% | 11.80% | Beats 80% | 35 / 176 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 88.30% | 80.94% | 89.73% | 97.21% | 44th pctl | 98 / 176 | ||
| Loans / Assets | 72.27% | 69.25% | 75.12% | 80.82% | 36th pctl | 112 / 176 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||