Bank of Akron


Overview / Commentary
716-542-5401
46 Main Street
Akron, NY 14001

Bank of Akron is headquartered in Akron and is the 88th largest bank in the state of New York. It is also the 1,802nd largest bank in the nation. It was established in 1900 and as of December of 2019, it had grown to 82 employees at 6 locations. Bank of Akron has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #13290
Year Established1900
Employees82
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.32%
Return on Equity - YTD13.22%
Annual Interest Income$17.1MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$388.5MM$349.6MM
LoansQ4 2019vs Q4 2018$316.8MM$285.8MM
DepositsQ4 2019vs Q4 2018$341.4MM$299.1MM
Equity CapitalQ4 2019vs Q4 2018$38.7MM$35.0MM
Loan Loss AllowanceQ4 2019vs Q4 2018$4.8MM$5.6MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$2.5MM$3.4MM
Real Estate OwnedQ4 2019vs Q4 2018$0$0
Rates

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Locations


Bank of Akron Locations
Lancaster Office3619 Walden AvenueLancaster, NY 14086
Bank Of Akron46 Main StreetAkron, NY 14001
Akron Branch77 Buell StreetAkron, NY 14001
Clarence Center Branch9470 Clarence Center RoadClarence, NY 14032
Clarence Branch9865 Main RoadClarence, NY 14031
Bank Of Akron - Wilson638 Lake StreetWilson, NY 14172

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