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 Alden State Bank
Alden State Bank
| RSSD ID 388744 | CERTIFICATE 17622 | ABA NUMBER 72405442 |
| 10564 Coy St |
Quarter Ended : |
2025-03-31 |
| Alden, Michigan, 49612 |
Updated : |
2025-04-29 |
| www.alden.bank |
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| Institution Profile |
| Year Opened : |
1934 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Mortgage Lending Specialization |
| Number of Offices : |
4 |
Number of Employees : |
37 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 319,231 |
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Total Interest Income | 4,194 |
| Total Liabilities | 283,335 |
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Total NonInterest Income | 276 |
| Total Bank Equity Capital | 35,896 |
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Total Interest Expense | 1,440 |
| Total Deposits | 281,161 |
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Total NonInterest Expense | 1,757 |
| Net Loans & Leases | 176,896 |
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Net Income | 974 |
| Loan Loss Allowance | 4,977 |
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Net Charge Offs | 4 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 180,636 |
| Total assets for the leverage ratio | 310,602 |
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Loans secured by real estate: | 156,932 |
| Tier 1 Leverage Ratio | 11.73 |
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Commercial and industrial loans | 16,931 |
| Off Balance Sheet Exposures (%) | 14.16 |
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Loans to individuals - Credit Cards | 349 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 6,150 |
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:· Alden State Bank
