# ASCEND BANK
GUILFORD, CT · FDIC certificate 18194 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $1.49B | |
| Deposits | $1.32B | |
| Loans and leases | $1.16B | |
| Total equity | $151.2M | |
| Loans / deposits | 87.48% (p51 of band) | 87.10% |
| Liquid assets / assets | 16.02% (p27 of band) | |
| Uninsured deposits / deposits | 23.61% (p26 of band) | 30.76% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.66% (p20 of band) | |
| FHLB advances / assets | 0.66% | |
| Tier 1 leverage | 9.65% (p27 of band) | 10.50% |
| Unrealized securities loss / equity | -20.33% (p19 of band) | -7.75% |
| AOCI / equity | 0.29% (p89 of band) | |
| ROA (annualized) | 1.03% (p33 of band) | 1.26% |
| Net interest margin | 3.45% (p35 of band) | 3.70% |
| Efficiency ratio | 67.45% (p74 of band) | |
| Noncurrent loans | 0.50% (p49 of band) | 0.51% |
| Net charge-offs (annualized) | 0.05% (p62 of band) | |
| Reserve coverage of noncurrent | 151.61% | |
| Real estate % of loans | 95% | |
| Construction % of loans | 44.24% (p46 of band) | |
| Auto loans | $26,000 (0.00% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 26.1% | |
| Employees | 171 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 2 | uninsured deposits leaving |  |
| 2012-12 | 1 |  | uninsured deposits leaving |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 2 | capital falling |  |
| 2014-03 | 1 |  | capital falling |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 0 |  | reserve under noncurrent |
| 2015-03 | 1 | capital falling |  |
| 2015-06 | 1 | reserve under noncurrent | capital falling |
| 2015-09 | 1 |  |  |
| 2015-12 | 1 | capital falling | reserve under noncurrent |
| 2016-03 | 0 |  | capital falling |
| 2016-06 | 1 | reserve under noncurrent |  |
| 2016-09 | 0 |  | reserve under noncurrent |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | capital falling |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 0 |  | capital falling |
| 2017-12 | 0 |  |  |
| 2018-03 | 2 | capital falling, expense ratio p90 |  |
| 2018-06 | 0 |  | capital falling, expense ratio p90 |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 3 | loans exceed deposits, capital falling, losing money |  |
| 2020-06 | 1 |  | loans exceed deposits, losing money |
| 2020-09 | 1 |  |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 0 |  | capital falling |
| 2021-06 | 0 |  |  |
| 2021-09 | 1 | capital falling |  |
| 2021-12 | 1 | expense ratio p90 | capital falling |
| 2022-03 | 1 | securities losses >30% of equity | expense ratio p90 |
| 2022-06 | 1 |  |  |
| 2022-09 | 2 | capital falling |  |
| 2022-12 | 1 |  | capital falling |
| 2023-03 | 2 | uninsured deposits leaving |  |
| 2023-06 | 2 | expense ratio p90 | uninsured deposits leaving |
| 2023-09 | 3 | uninsured deposits leaving |  |
| 2023-12 | 2 |  | uninsured deposits leaving |
| 2024-03 | 4 | capital falling, NIM <2.5% |  |
| 2024-06 | 3 |  | capital falling |
| 2024-09 | 2 |  | securities losses >30% of equity |
| 2024-12 | 3 | capital falling |  |
| 2025-03 | 2 |  | NIM <2.5% |
| 2025-06 | 1 |  | capital falling |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 0 |  | expense ratio p90 |
| 2026-06 | 0 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2025-12-31 [Ascend Bank to close North Madison location - hartfordbusiness.com](https://news.google.com/rss/articles/CBMigAFBVV95cUxPeWtKRGtsUDNlSE01SllnTmpLVjl0UktJZThyd3U5SzY4UHdaUmZqelQ1RFc4OWo3RmM0NWJ6cGdGRWhMMkRTcXBkSGhwNTRiZEpxcGU2a3NGaHF4QVZoay04eGpNbk1zejBHSTFiSVF5YWRLd0xEZlY4a21WQnZzUQ?oc=5) · hartfordbusiness.com
- 2026-08-21 [Final Round of Branford Community Foundation, Ascend Bank 2026 Sponsorship Awards Distributed - Patch](https://news.google.com/rss/articles/CBMitwFBVV95cUxPa3RhaThvWmhWQVJFMW5IaWlpS3hwc3hGRXBIMDNXRTFYSUtTRnpnYjlDMUNqZjcwd2V6dVVFeF9TcTQxLXcyZ1VOcEVGMHJkQi15TXVycEo0WW11cENBb1pEcU5mbFl0ZnRKWVBXdXFnMzNmOHN4NUV2bzQ2MlNJLUFYZ2VreWttenNHWEZ5Yl8tR0lfeXNDT2FPdnZvdzBxWGRZMlVlN1B3TzZGMGlaeURyVXdOQVk?oc=5) · Patch
- 2025-12-31 [Shoreline bank seeks to close Madison branch in March - ctinsider.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxPb2NzenpvT2VLQ2hBVkFjbERyWVdxalN6QkZsdDEwcURpQzBWWnpCT0xQYU93OVRUNnBnYTZTUmRScDRzeDdZYWlkb3EyOG9QeWpOSmNlUkgzaTZzMkx4ZWRkdWJVZG1raG5Dakh3VG1SeXhwWS1uSlQxYjNacHNGQlhHNENScUpzZEpxVkhR?oc=5) · ctinsider.com
- 2025-07-18 [GSB Announces Rebrand to Ascend Bank - csgalinks.org](https://news.google.com/rss/articles/CBMickFVX3lxTE43NzlPcUhzbkZaNTFlZng2Wk9WZ2toNE5ueUZfbEc1TGpPTU02WnduSW1NS0ZQcnlydlpvVXl5ZjU2a0xYakFibDFuLUlZNjlxR1M0RUJSa0hnN2xGMFBkSDZIazJVTU9HWlhGN294aUljQQ?oc=5) · csgalinks.org
- 2025-12-04 [Wealth management subsidiary of CT community bank names new president - hartfordbusiness.com](https://news.google.com/rss/articles/CBMiqwFBVV95cUxNWkN2dTdBMDlXM0xiVkVDMmtVS1UyTHpiV19hSlBHZkZPeENwa1ZyN1NoaUFrUEhtbHdCdzRfVTZkcnpVQ3p0VEF2VUZzLXpwWDZIejFBWVdxaXBGc00wdGtlUXBYZHNibXQ1d2NlM042VnVsTENZQTdySVFkaXZoMEczeTc3MjlmOXBFVU83VVpLUWs2WW90NWQ0YWRaSHNhR1YxT3FjZU9FYW8?oc=5) · hartfordbusiness.com
- 2025-12-31 [Bank In Madison Expected To Close Branch In 2026: Report - Patch](https://news.google.com/rss/articles/CBMikAFBVV95cUxPN1MzcUlhVEk4RF9TUVN1RG8tWTFhZkZzUk4yeHFJY3RhQVdpRmNSRHVSSVlXMFNkZGJZbDllY0htLUkxd1JrTWdfUnNXc3RobVpJdzVkUHVCUWc2Zkg3d0ljZFprcGdOWWpoTVhHV3RzYWJaVk9zN3V4Z0NKOWdFT1htMm5HcjBVcWpqOFpiU2o?oc=5) · Patch
- 2025-10-09 [Guilford, Norwich community banks finalize merger - hartfordbusiness.com](https://news.google.com/rss/articles/CBMijwFBVV95cUxOUGhycVBLUWprZXNRUjVDVEFpb3A2NHhqS2Q2V1dmYzlFc1FPVXNaMjBlZEpYVlZMdk9ySENGYWw0UGc5dzNEdWxaN1BoZVJMazR1ZHU5cFF2ZXJORDBvdm9MdWJ2cFpvVHlKRl9YWGpycHByOXNDdkZON0Y4S3pRTXJ5cE1TTm5QYk5jZTQwMA?oc=5) · hartfordbusiness.com
- 2026-05-07 [In 2nd Round of Branford Community Foundation, Ascend Bank 2026 Sponsorship Awards, $8,530 Distributed - Patch](https://news.google.com/rss/articles/CBMitwFBVV95cUxNUjdVRnJfU3g4Q3lNbnZRR2F6NlBmS3Jod1BtNUIzRllUT2stT0VySTQzb1hzZkFGM0c0cU5CcGxoeWxJUUp4WUZLOVQxMEdZeG1DLVI3VHpWVGxDdnZzOGZtUVl2eWw5YWdfN3M4V0l0Y2pFbU12c1kyNkptUDAydVdObUZYeW85cGJONkJkZHg0T19NdFhhVHlUTmhza3dZb0VfT1N3VENULWhvdW9vajkwXzVYRVE?oc=5) · Patch

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=18194 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/18.json (key "18194", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide