Bank Comparison
Ion Bank vs Westfield Bank
Side-by-side regulatory financials for the latest quarter on file with the FFIEC.
vs
17 · 7
winning metrics across 24 comparable rows
Capital adequacy
| Metric | Ion Bank | Westfield Bank |
|---|---|---|
| CET1 Ratio | 15.30% | 12.44% |
| Tier 1 Capital Ratio | 15.30% | 12.44% |
| Total Capital Ratio | 16.36% | 13.46% |
| Tier 1 Leverage Ratio | 11.60% | 9.36% |
| Equity / Assets | 12.10% | 9.18% |
Profitability
| Metric | Ion Bank | Westfield Bank |
|---|---|---|
| Return on Assets (ROA) | 0.85% | 0.80% |
| Return on Equity (ROE) | 7.04% | 8.78% |
| Net Interest Margin (NIM) | 4.07% | 2.93% |
| Yield on Earning Assets | 5.35% | 4.65% |
| Cost of Funds | 1.42% | 1.82% |
Asset quality
| Metric | Ion Bank | Westfield Bank |
|---|---|---|
| Texas Ratio | 7.23% | 1.78% |
| Non-Performing Loan Ratio | 1.01% | 0.21% |
| Non-Performing Asset Ratio | 0.88% | 0.17% |
| Net Charge-Off Ratio | 0.16% | 0.01% |
| ACL / Loans | 1.09% | 0.93% |
Balance sheet
| Metric | Ion Bank | Westfield Bank |
|---|---|---|
| Total Assets | $2,769M | $2,761M |
| Total Deposits | $2,259M | $2,383M |
| Total Loans | $2,052M | $2,200M |
| Total Equity | $335,004K | $253,406K |
| Net Income (quarter) | $5,853K | $5,554K |
Liquidity & funding
| Metric | Ion Bank | Westfield Bank |
|---|---|---|
| Loan-to-Deposit Ratio | 90.82% | 92.34% |
| Core Deposit Ratio | 97.48% | 89.52% |
| Uninsured Deposit Ratio | 20.66% | 29.64% |
Identity
| Metric | Ion Bank | Westfield Bank |
|---|---|---|
| Headquarters City | NAUGATUCK | WESTFIELD |
| Headquarters State | CT | MA |
| Asset Tier | Large | Large |
| Charter Class | 0 | 717968 |
| Regulator | FED | OCC |
| Domestic Branches | 37 | 27 |
| Employees (FTE) | 394 | 311 |
| Established | Jan. 1, 1870, midnight | April 15, 1853, midnight |
About this comparison
All metrics are sourced from FFIEC call report filings — the public regulatory financial reports every FDIC-insured US bank files quarterly. Both banks are reported as of . The "winner" highlight is determined by the supervisory direction convention: higher is better for capital and profitability metrics; lower is better for risk metrics like Texas Ratio and uninsured-deposit ratio.
View full Ion Bank profile | View full Westfield Bank profile | Browse all bank comparisons