Alden State Bank in Alden, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Alden State Bank in Alden, New York (NY)
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Alden State Bank routing number info

Alden State Bank - Overview

  • General
  • FDIC Certificate #: 9831
    Status: Active
    Federal Reserve ID: 414102
    Date Established: October 05, 1916
    WWW: http://www.aldenstate.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 6295
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 13216 Broadway, Alden, NY 14004
    County: Erie
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Syracuse
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Buffalo-Niagara Falls, NY (#1280)
    Combined Statistical Area (CSA): Buffalo-Niagara-Cattaraugus, NY (#160)
    Core Based Statistical Area (CBSA): Buffalo-Niagara Falls, NY (#15380)
    CBSA Metro Statistical Area: Buffalo-Niagara Falls, NY (#15380)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $230.0 mil
    Equity capital: $30.3 mil
    Deposits held in domestic offices: $196.8 mil
    Return on assets (ROA): 1.03% ($2.4 mil)
    Quarterly return on assets: 0.85% ($2.0 mil)
    Return on Equity (ROE): 7.80% ($2.3 mil)
    Quarterly return on equity: 6.38% ($1.9 mil)
    Net income: $2.3 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.57% ($3,610.4 mil)
    Quarterly Pretax return on assets: 1.48% ($3,403.5 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 58Total employees (full-time equivalent)
  • $229,963Total assets
  • $4,489Cash and due from depository institutions
  • $1,222Interest-bearing balances
  • $62,660Securities
  • $414Federal funds sold & reverse repurchase agreements
  • $150,562Net loans & leases
  • $1,552Loan loss allowance
  • $0Trading account assets
  • $1,712Bank premises and fixed assets
  • $1,473Other real estate owned
  • $0Goodwill and other intangibles
  • $229,963Life insurance assets
  • $8,653All other assets
  • $199,675Total liabilities and capital
  • $196,817Total liabilities
  • $166,361Total deposits
  • $196,817Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 2600.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $258Subordinated debt
  • $30,288All other liabilities
  • $30,288Total equity capital
  • $30,288Total bank equity capital
  • $0Perpetual preferred stock
  • $263Common stock
  • $1,000Surplus
  • $29,025Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,374Income earned, not collected on loans
  • $0Earning assets
  • $818Long-term assets (5+ years)
  • $214,858Average Assets, year-to-date
  • $66,396Average Assets, quarterly
  • $224,642Volatile liabilities
  • $227,630Insider loans
  • $138,228FHLB advances
  • $231,072Loans and leases held for sale
  • $6,218Unused loan commitments
  • $4,095Tier 1 (core) risk-based capital
  • $30,288Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,123Total unused commitments
  • $11,685Restructured Loans and leases
  • $956Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,936Total interest income
  • $956Total interest expense
  • $8,980Net interest income
  • $670Provision for loan and lease losses
  • $1,216Total noninterest income
  • $0Fiduciary activities
  • $571Service charges on deposit accounts
  • $0Trading account gains & fees
  • $645Additional noninterest income
  • $6,000Total noninterest expense
  • $3,491Salaries and employee benefits
  • $535Premises and equipment expense
  • $1,974Additional noninterest expense
  • $3,526Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,204Applicable income taxes
  • $2,322Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,322Net income attributable to bank
  • $0Net charge-offs
  • $2,322Cash dividends
  • $906Sale, conversion, retirement of capital stock, net
  • $1,260Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.78%Yield on earning assets
  • 0.46%Cost of funding earning assets
  • 4.32%Net interest margin
  • 0.58%Noninterest income to earning assets
  • 2.88%Noninterest expense to earning assets
  • 1.03%Net operating income to assets
  • 1.03%Return on assets (ROA)
  • 1.57%Pretax return on assets
  • 7.80%Return on equity (ROE)
  • 3.57%Retained earnings to average equity (YTD only)
  • 0.61%Net charge-offs to loans
  • 73.95%Credit loss provision to net charge-offs
  • 4.63%Efficiency ratio
  • 58,847Assets per employee
  • 3.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 54.26%Loss allowance to loans
  • 1.02%Loss allowance to noncurrent loans
  • 24.35%Noncurrent assets plus other real estate owned to assets
  • 3.41%Noncurrent loans to loans
  • 4.19%Net loans and leases to deposits
  • 76.50%Net loans and leases to core deposits
  • 80.11%Equity capital to assets
  • 13.17%Core capital (leverage) ratio
  • 13.11%Tier 1 risk-based capital ratio
  • 21.91%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $224,642Average earning assets
  • $29,770Average equity
  • $207,997Average loans

List of branches

  • 2 New York Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    06295Alden State Bank13216 Broadway, Alden, NY 14004October 05, 1916Full Service Brick and Mortar
    1221248Lancaster Branch5802 Broadway, Lancaster, NY 14086March 24, 1995Full Service Brick and Mortar

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