Alden State Bank

Overview / Commentary
13216 Broadway
Alden, NY 14004

Alden State Bank is headquartered in Alden and is the 84th largest bank in the state of New York. It is also the 1,898th largest bank in the nation. It was established in 1916 and as of June of 2022, it had grown to 63 employees at 3 locations. Alden State Bank has a B health rating.


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Health Grade Components

FDIC Certificate #9831
Year Established1916
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.1%
Return on Equity - YTD9.4%
Annual Interest Income$7.7MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$443.5MM$499.9MM
LoansQ2 2022vs Q2 2021$292.7MM$284.1MM
DepositsQ2 2022vs Q2 2021$389.1MM$448.8MM
Equity CapitalQ2 2022vs Q2 2021$53.0MM$49.8MM
Loan Loss AllowanceQ2 2022vs Q2 2021$4.3MM$4.4MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$6.2MM$9.2MM
Real Estate OwnedQ2 2022vs Q2 2021$1.3MM$115.00K

Rates for Alden State Bank are currently being reviewed.


Alden State Bank Locations
Alden State Bank13216 Broadway StAlden, NY 14004
Lancaster Branch5802 BroadwayLancaster, NY 14086
Clarence Branch6545 Transit RoadEast Amherst, NY 14051

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