Alden State Bank (MI)

Alden State Bank (MI) is headquartered in Alden and is the 78^th largest bank in the state of Michigan. It is also the 3,608^th largest bank in the nation. It was established in 1934 and as of December of 2011, it had grown to 45 employees at 4 locations. Alden State Bank (MI) has a 3-star health rating.

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Data for Q4 2011

Institution Statistics Alden State Bank FDIC Certificate # 17622 BankRate Report View Year Established 1934 Employees 45 Primary Regulator FDIC Assets and Liabilities Assets $163.98 million Loans $114.98 million Deposits $139.08 million Equity Capital $16.87 million Loan Loss Allowance $2.13 million Unbacked Noncurrent Loans $4.53 million Real Estate Owned $2.41 million Historic Data - December 2010 Assets $168.85 million Equity Capital $16.86 million Loan Loss Allowance $2.49 million Unbacked Noncurrent Loans $5.22 million Real Estate Owned $3.77 million Profit Margin - Quarterly Net Interest Margin 4.55% Return on Assets -0.03% Return on Equity -0.29% Interest Income $8.47 million

Institution Health Overall Score: 3 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Alden State Bank (MI) had $6.94 million in non-current loans and owned real-estate with $19 million in equity and loan loss allowances on hand to cover it. This gives Alden State Bank (MI) a Texas Ratio of 36.54% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Alden State Bank (MI) decreased slightly from 46.45% as of December 31, 2010 to 36.54% as of December 31, 2011, resulting in a positive change of 21.33%.This indicates that the balance sheet and financial strength for Alden State Bank (MI) has improved slightly in recent periods. Deposit Growth In the past year, Alden State Bank (MI) has decreased its total deposits by -$3.04 million, resulting in -2.14% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Alden State Bank (MI) has shown is below average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Alden State Bank (MI) has $163.98 million in assets with $19 million in equity, resulting in a capitalization level of 11.59%, which is above average.

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