Ascendia Bank


Overview / Commentary
201-652-8776
175 Rock Road
Glen Rock, NJ 07452

Ascendia Bank is headquartered in Glen Rock and is the 46th largest bank in the state of New Jersey. It is also the 2,427th largest bank in the nation. It was established in 1922 and as of June of 2022, it had grown to 33 employees at 4 locations. Ascendia Bank has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #28729
Year Established1922
Employees33
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.4%
Return on Equity - YTD3.52%
Annual Interest Income$4.6MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$311.6MM$294.4MM
LoansQ2 2022vs Q2 2021$240.4MM$222.7MM
DepositsQ2 2022vs Q2 2021$242.8MM$229.3MM
Equity CapitalQ2 2022vs Q2 2021$34.8MM$33.8MM
Loan Loss AllowanceQ2 2022vs Q2 2021$1.3MM$1.4MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$1.1MM$1.3MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates

Rates for Ascendia Bank are currently being reviewed.

Locations


Ascendia Bank Locations
Glen Rock Savings Bank175 Rock RoadGlen Rock, NJ 07452
244-250 Lincoln Avenue Branch250 Lincoln AveHawthorne, NJ 07506
83 Northfield Ave Branch83 Northfield AveWest Orange, NJ 07052
Branch Office474 Prospect AveWest Orange, NJ 07052

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