Overview / Commentary
Alden State Bank is headquartered in Alden and is the 97th largest bank in the state of New York. It is also the 2,009th largest bank in the nation. It was established in 1916 and as of December of 2018, it had grown to 58 employees at 2 locations. Alden State Bank has a B health rating.
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Health
B
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 9831 |
| Year Established | 1916 |
| Employees | 58 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.38% |
| Return on Equity - YTD | 11.46% |
| Annual Interest Income | $14.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $331.9MM$327.0MM |
| Loans | Q4 2018vs Q4 2017 | $257.3MM$229.9MM |
| Deposits | Q4 2018vs Q4 2017 | $285.5MM$283.9MM |
| Equity Capital | Q4 2018vs Q4 2017 | $41.5MM$38.2MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $3.4MM$3.1MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $9.5MM$7.5MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $573.00K$835.00K |
Rates
Rates for Alden State Bank are currently being reviewed.
Locations
| Alden State Bank Locations | ||
|---|---|---|
| Alden State Bank | 13216 Broadway | Alden, NY 14004 |
| Lancaster Branch | 5802 Broadway | Lancaster, NY 14086 |