Alden State Bank
Alden, MI
IDRSSD: 388744
Total Assets
$335.35M
Latest filing
Total Deposits
$295.52M
Latest filing
Net Interest Margin
4.13%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Alden State Bank
10564 Coy St
Alden, MI 49612
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1934FDIC Certificate 11593
Branches (3)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Alden State Bank (Main) | 10564 Coy St | Alden, MI |
| ELK RAPIDS BRANCH | 300 Ames St | Elk Rapids, MI |
| BELLAIRE BRANCH | 641 Alden St | Bellaire, MI |
| CENTRAL LAKE BRANCH | 2440 N Main St | Central Lake, MI |
Showing 3 of 3
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 01/01/1934 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 49612 |
| State and County Number | 26009 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 07 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | N/A |
Operational Info
| Number of Employees | 38 |
| Domestic Offices | 4 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 10/09/2022 |
| Date of Deposit Insurance | 06/22/1956 |
| Primary Insurance Agency | DIF |
| Website | www.alden.bank |
| Data Updated | 11/14/2025 |
| CERT | 17622 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $335.35M |
| Total Deposits | $295.52M |
| Total Liabilities | $297.26M |
| Total Equity Capital | $38.09M |
| Net Income | $1.34M |
| Net Loans and Leases | $184.34M |
| Assets Per Employee ($Millions) | $9.06M |
| Bank Premises and Fixed Assets | $3.04M |
| Cash and Balances due from Depository Institutions | $67.47M |
| Deposits Held in Domestic Offices | $295.52M |
Key Performance Ratios
| Return on Assets (ROA) | 1.64% |
| Return on Equity (ROE) | 14.5% |
| Net Interest Margin | 4.13% |
| Efficiency Ratio | 52.47% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 11.359% |
| Earning Assets to total Assets | 95.05% |
Income and Expense
| Total Interest Income | $4.52M |
| Total Noninterest Income | $330.00k |
| Total Interest Expense | $1.32M |
| Total Noninterest Expense | $1.85M |
| Net Interest Income | $3.20M |
| Pre-tax Net Operating Income | $1.68M |
| Provision for Credit Losses | $0 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $511.00k |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $1.74M |
| Total Liabilities and Capital | $335.35M |
Securities
| Securities | $69.76M |
| Available-for-sale debt securities | $69.76M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Alden State Bank?
$335.35M as of the latest filing.
How much are Alden State Bank's total deposits?
$295.52M in total deposits.
Where is Alden State Bank located?
Alden, MI.
What is the Net Interest Margin?
4.13%.
How many domestic offices does it operate?
4.
When was it established?
01/01/1934.
What is the Return on Assets (ROA)?
1.64%.
How much are total loans and leases?
$184.34M (latest filing).
What is the total interest income (latest filing)?
$4.52M.