Alden State Bank

Alden State Bank is headquartered in Alden and is the 110^st largest bank in the state of New York. It is also the 2,625^th largest bank in the nation. It was established in 1916 and as of December of 2012, it had grown to 58 employees at 2 locations. Alden State Bank's savings rates are 94% higher than the national average, and it boasts a 5-star health rating.

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Data for Q4 2012

Institution Statistics Alden State Bank FDIC Certificate # 9831 BankRate Report View Year Established 1916 Employees 58 Primary Regulator FED Assets and Liabilities Assets $244.58 million Loans $154.13 million Deposits $212.94 million Equity Capital $31.33 million Loan Loss Allowance $1.65 million Unbacked Noncurrent Loans $3.38 million Real Estate Owned $609,000 Historic Data - December 2011 Assets $229.96 million Equity Capital $30.29 million Loan Loss Allowance $1.55 million Unbacked Noncurrent Loans $6.37 million Real Estate Owned $1.47 million Profit Margin - Quarterly Net Interest Margin 4.08% Return on Assets 0.96% Return on Equity 7.46% Interest Income $9.94 million

Institution Health Overall Score: 5 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, 2012 Alden State Bank had $3.98 million in non-current loans and owned real-estate with $32.98 million in equity and loan loss allowances on hand to cover it. This gives Alden State Bank a Texas Ratio of 12.08% which is above 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 decreased significantly from 24.65% as of December 31, 2011 to 12.08% as of December 31, 2012, resulting in a positive change of 50.99%.This indicates that the balance sheet and financial strength for Alden State Bank has improved significantly in recent periods. Deposit Growth In the past year, Alden State Bank has increased its total deposits by $16.12 million, resulting in 8.19% 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 has shown is excellent. 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 has $244.58 million in assets with $32.98 million in equity, resulting in a capitalization level of 13.48%, which is excellent.

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