Alden State Bank


Overview / Commentary
716-937-3381
13216 Broadway
Alden, NY 14004

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

Health Grade Components

Overall
FDIC Certificate #9831
Year Established1916
Employees58
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.38%
Return on Equity - YTD11.46%
Annual Interest Income$14.0MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$331.9MM$327.0MM
LoansQ4 2018vs Q4 2017$257.3MM$229.9MM
DepositsQ4 2018vs Q4 2017$285.5MM$283.9MM
Equity CapitalQ4 2018vs Q4 2017$41.5MM$38.2MM
Loan Loss AllowanceQ4 2018vs Q4 2017$3.4MM$3.1MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$9.5MM$7.5MM
Real Estate OwnedQ4 2018vs Q4 2017$573.00K$835.00K
Rates

Rates for Alden State Bank are currently being reviewed.

Locations


Alden State Bank Locations
Alden State Bank13216 BroadwayAlden, NY 14004
Lancaster Branch5802 BroadwayLancaster, NY 14086

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