Vitals
  • Total Assets
    119.8M 2.3 %
  • Total Deposits
    110.1M 2.5 %
  • Total Net Loans
    79.6M 11.2 %
  • Net Income
    482000.0000 11.3 %
  • Book Value
    9.7M -0.3 %
  • Book Value x2
    19.3M -0.3 %
  • Book Value x3
    29.0M -0.3 %
ROAA

.395

ROAE

4.84

Efficiency Ratio

87.855

Net Interest Margin

2.848

Balance Sheet Highlights
Financial Highlights The National Iron Bank All Insured Commercial Banks in Connecticut
Balance Sheet $(000)
Total Assets 119,800 4,645,023
Total Net Loans 79,595 3,293,746
Total Deposits 110,056 3,498,094
Total Equity 9,652 521,516
Profitability
Net Income 482 34,827
Return on Average Assets .395 .499
Return on Average Equity 4.84 4.838
Net Interest Margin 2.848 3.152
Efficiency Ratio 87.855 76.429
Noninterest Income/Revenue 14.435 22.886
Balance Sheet Ratios
Loan-to-Deposit 72.322 92.827
Securities/Assets .282 .192
Total Equity/Total Assets .081 .112
Tangible Equity/Tangible Assets .081 .077
Capital Adequacy
Tier 1 Common Capital 10,042 381,902
Tier 1 Capital 10,042 382,325
Tier 2 Capital 427 55,585
Total Capital 10,469 437,910
Total Risk Weighted Assets 56,814 3,413,925
Leverage Ratio 8.29 9.501
Common Equity Tier 1 Capital Ratio 17.68 13.688
Tier 1 Capital Ratio 17.68 13.8
Total Capital Ratio 18.43 14.903

Timeline for The National Iron Bank

Iron Bancshares, Inc.

Iron Bancshares, Inc. became a new parent organization for The National Iron Bank.

View Profile Dec 30 1997

National Iron Mortgage Company

National Iron Mortgage Company became a new subsidiary organization for The National Iron Bank.

View Profile Dec 30 1997

Norfolk Savings Bank

Acquisition: The National Iron Bank acquired a new subsidiary, Norfolk Savings Bank , 57 years

View Profile Jul 01 1966

The National Iron Bank

The National Iron Bank was established 176 years ago and is currently headquartered in Salisbury, CT.

Aug 17 1847
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Norfolk Savings Bank Seller Discontinued 7/1/1966
Relationships Role Relationship Start Relationship End
Iron Bancshares, Inc. Parent 12/30/1997
National Iron Mortgage Company Subsidary 12/30/1997 8/31/2001
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