BlastPoint's Banking Scorecard

Ion Bank

$1B-$10B Specialty: Commercial CT FDIC cert 18198

Naugatuck, CT

37 branches across CT · NJ

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

1 of 885 banks in the $1B-$10B peer group nationwide — 1 of 15 in CT.
Deposits -0.1% year over year ($2.3B on the books).
Delinquency rate 1.51%.
Return on assets 0.93%.
Efficiency ratio 72.60% vs a 59.73% peer average.
Loan-to-deposit ratio 87.32% vs a 85.04% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

885 banks in the $1B-$10B peer group nationally 15 in CT

View $1B-$10B leaderboard (CT) →

Ion Bank has 1 strength but faces 4 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.

Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

+ Net Interest Margin 0.36% above tier average

Key Concerns

Areas that may need attention

- Margin Compression: Bottom 4.7% in tier
- Flatlined Growth: Bottom 27.8% in tier
- Efficiency Ratio 12.87% above tier average
- Delinquency Rate 0.65% above tier average

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Core Metrics

As of 2026-Q2

Metric	Current	vs Tier	Tier Avg	State Avg (CT)	National Avg	Tier Percentile
Total Assets ?	$2.8B -0.1% YoY +0.5% QoQ	-$10.2M	$2.8B -0.6% YoY	$4.8B +5.5% YoY	$6.3B +7.7% YoY	66%
Total Loans ?	$2.0B -1.0% YoY -2.0% QoQ	+$25.8M	$2.0B -0.3% YoY	$3.3B +8.0% YoY	$3.2B +9.4% YoY	67%
Total Deposits ?	$2.3B -0.1% YoY +0.8% QoQ	-$40.9M	$2.3B -0.5% YoY	$3.9B +6.2% YoY	$4.9B +7.3% YoY	66%
Return on Assets ?	0.93% -22.3% YoY +8.9% QoQ	-0.46%	1.39% +17.0% YoY	1.11% +57.7% YoY	1.30% +12.1% YoY	25%
Net Interest Margin ?	4.23% +3.6% YoY +1.9% QoQ	+0.36%	3.87% +6.2% YoY	3.44% +11.6% YoY	3.95% +4.9% YoY	79%
Efficiency Ratio ?	72.60% -0.4% YoY -1.2% QoQ	+12.87%	59.73% -12.6% YoY	72.27% -70.9% YoY	70.05% +2.5% YoY	17%
Delinquency Rate ?	1.51% +107.2% YoY +47.3% QoQ	+0.65%	0.87% +11.7% YoY	0.70% -4.9% YoY	0.98% +16.3% YoY	16%
Loan-to-Deposit Ratio ?	87.32% -0.9% YoY -2.8% QoQ	+2.28%	85.04% -0.1% YoY	91.71% +1.4% YoY	79.03% +2.3% YoY	50%
Non-Interest-Bearing Deposit Share ?	31.21% +6.2% YoY +5.6% QoQ	+9.94%	21.27% -1.5% YoY	22.06% +1.6% YoY	21.98% -0.6% YoY	Top 13.1% in tier
Nonperforming Asset Ratio ?	1.27% +77.4% YoY +44.8% QoQ	+0.60%	0.67% +11.7% YoY	0.53% -3.6% YoY	0.69% +15.8% YoY	Bottom 14.1% in tier
Tier 1 Capital Ratio ?	15.75% +0.7% YoY +3.0% QoQ	+0.91%	14.84% -0.4% YoY	14.05% -0.0% YoY	17.09% +0.8% YoY	79%
Non-Interest Income / Assets ?	0.48% -42.3% YoY +97.8% QoQ	-0.05%	0.53% +2.5% YoY	0.35% +5.1% YoY	0.66% +5.2% YoY	78%

Additional Detail

Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2

Deposit Composition

% of total deposits

Metric	Current	vs Tier	Tier Avg	State Avg (CT)	National Avg	Tier Percentile
Noninterest-Bearing	31.2% +1.8pp YoY +1.7pp QoQ	+9.8pp	21.4%	22.1%	22.2%	87%
Brokered Deposits	0.1% -0.7pp YoY 0.0pp QoQ	-9.4pp	9.5%	8.1%	8.5%	5%

Loan Composition

% of total loans & leases

Metric	Current	vs Tier	Tier Avg	State Avg (CT)	National Avg	Tier Percentile
C&I	9.5% +0.2pp YoY +0.2pp QoQ	-4.5pp	14.0%	11.4%	12.5%	42%
CRE	51.4% -0.2pp YoY -0.8pp QoQ	+1.4pp	50.0%	42.4%	41.4%	56%
1-4 Family	28.3% -0.4pp YoY +0.4pp QoQ	+1.9pp	26.4%	42.2%	31.3%	62%
Consumer	10.0% -0.1pp YoY +0.1pp QoQ	+5.3pp	4.7%	4.1%	5.0%	89%

Capital

Metric	Current	vs Tier	Tier Avg	State Avg (CT)	National Avg	Tier Percentile
CET1 Ratio	15.8% +0.1pp YoY +0.4pp QoQ	+0.2pp	15.6%	15.0%	19.7%	76%
Leverage Ratio	11.9% -0.7pp YoY +0.3pp QoQ	+0.6pp	11.3%	12.7%	12.6%	75%
Total Capital Ratio	16.8% +0.2pp YoY +0.5pp QoQ	+0.1pp	16.7%	16.0%	20.8%	75%

Efficiency & Staffing

Metric	Current	vs Tier	Tier Avg	State Avg (CT)	National Avg	Tier Percentile
Full-Time Employees	371 -19 (-4.9%) YoY -23 (-5.8%) QoQ	+57	313	342	482	75%
Assets per Employee ($)	$7.5M +5.0% YoY +6.7% QoQ	-$3.0M	$10.5M	$9.9M	$8.8M	31%
Branch Count	37 0 YoY 0 QoQ	+17	20	19	18	88%

Asset Quality

Metric	Current	vs Tier	Tier Avg	State Avg (CT)	National Avg	Tier Percentile
Past Due 90+ Days	n/a	n/a	0.2%	0.2%	0.4%	n/a
Nonaccrual	1.5% +0.8pp YoY +0.5pp QoQ	+0.7pp	0.8%	0.7%	1.0%	86%
Allowance Coverage	0.74x -49.2% YoY -30.9% QoQ	-17.97x	18.71x	4.87x	20.23x	13%
Net Charge-off Rate (YTD)	0.1% 0.0pp YoY 0.0pp QoQ	-0.1pp	0.3%	0.1%	0.2%	72%

Profitability

Metric	Current	vs Tier	Tier Avg	State Avg (CT)	National Avg	Tier Percentile
ROE	7.6% -3.3pp YoY +0.6pp QoQ	-5.0pp	12.6%	8.2%	11.6%	18%
Cost of Funds (YTD)	1.3% -0.2pp YoY 0.0pp QoQ	-0.6pp	1.9%	1.7%	1.7%	13%
Net Income ($, YTD)	$12.8M -8.8% YoY — QoQ	-$6.4M	$19.2M	$28.0M	$40.4M	52%

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12 performance metrics with tier, state, and national benchmarks

Signature behaviors (strengths & concerns)

Metric and signature rankings across 4,287 FDIC-insured banks

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Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).

Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (0)

No matched strength signatures this quarter

Concerns (2)

Margin Compression

decline

#5 of 85 • Bottom 4.7% in tier

Profitability above 0.75% ROA but margins eroding by at least 0.10pp YoY. Something changed - rising costs or falling yields need addressing.

Why this signature

Return on Assets: 0.93%

(Tier: 1.39%, National: 1.30%)

worse than tier avg

85 of 85 Mid-Market banks match · 413 nationally

→ Stable +8 banks QoQ | QoQ rank improving

Flatlined Growth

risk

#46 of 162 • Bottom 27.8% in tier

Asset growth stalled (-2% to +2% YoY) despite healthy profitability (>0.25% ROA). Suggests untapped opportunity or strategic drift worth investigating.

Why this signature

Return on Assets: 0.93%

(Tier: 1.39%, National: 1.30%)

worse than tier avg

162 of 162 Mid-Market banks match · 719 nationally

→ Stable +34 banks QoQ

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).

Concerns are metrics in the bottom 25% (25th percentile or lower).

Compare against:

Comparing against 885 peers in $1B-$10B

Top Strengths (4 metrics)

117

Non-Interest-Bearing Deposit Share

funding

Value: 31.21%

Peer Median: 21.27%

#117 of 885 Top 13.1% in $1B-$10B

187

Tier 1 Capital Ratio

capital

Value: 15.75%

Peer Median: 14.84%

#187 of 885 Top 21.0% in $1B-$10B

191

Net Interest Margin

profitability

Value: 4.23%

Peer Median: 3.87%

#191 of 885 Top 21.5% in $1B-$10B

192

Non-Interest Income / Assets

revenue_mix

Value: 0.48%

Peer Median: 0.53%

#192 of 885 Top 21.6% in $1B-$10B

Top Weaknesses (4 metrics)

761

Nonperforming Asset Ratio

credit_quality

Value: 1.27%

Peer Median: 0.67%

#761 of 885 Bottom 14.1% in $1B-$10B

743

Delinquency Rate

credit_quality

Value: 1.51%

Peer Median: 0.87%

#743 of 882 Bottom 15.9% in $1B-$10B

739

Efficiency Ratio

profitability

Value: 72.60%

Peer Median: 59.73%

#739 of 885 Bottom 16.6% in $1B-$10B

665

Return on Assets

profitability

Value: 0.93%

Peer Median: 1.39%

#665 of 885 Bottom 25.0% in $1B-$10B