Alden State Bank (MI) is headquartered in ALDEN and is the 47th largest bank in the state of Michigan. It is also the 2,415th largest bank in the nation. It was established in 1934 and as of March of 2025, it had grown to 37 employees at 4 locations. Alden State Bank (MI) has an A+ health rating.
Overall | |
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FDIC Certificate # | 17622 |
Year Established | 1934 |
Employees | 37 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.24% |
Return on Equity - YTD | 11.13% |
Annual Interest Income | $4.2MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $319.2MM$278.9MM |
Loans | Q1 2025vs Q1 2024 | $176.9MM$165MM |
Deposits | Q1 2025vs Q1 2024 | $281.2MM$244.1MM |
Equity Capital | Q1 2025vs Q1 2024 | $35.9MM$32.2MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $5MM$5.3MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $939K$277K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
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Alden State Bank (MI) Locations | ||
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Central Lake Branch | 2440 North Main | Central Lake, MI 49622 |
Elk Rapids Branch | 300 Ames St | Elk Rapids, MI 49629 |
Bellaire Branch | 641 Alden St | Bellaire, MI 49615 |
Alden State Bank | Coy and Helena Streets | Alden, MI 49612 |
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