Ascendia Bank

Glen Rock, NJ
IDRSSD: 147679
Total Assets
$389.77M
Latest filing
Total Deposits
$306.93M
Latest filing
Net Interest Margin
2.29%
Profitability

Locations

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Main Office
Ascendia Bank
175 Rock Rd
Glen Rock, NJ 07452
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1922FDIC Certificate 41563

Branches (4)

Page 1 of 1
NameAddressCity / State
Ascendia Bank (Main)175 Rock RdGlen Rock, NJ
83 NORTHFIELD AVE BRANCH83 Northfield AveWest Orange, NJ
250 LINCOLN AVENUE BRANCH250 Lincoln AveHawthorne, NJ
LLEWELLYN-EDISON SAVINGS BANK BRANCH474 Prospect AveWest Orange, NJ
ORADELL BRANCH550 Kinderkamack RoadOradell, NJ
Showing 4 of 4

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

Institution Profile

Institution ClassState chartered stock savings banks / S&L
Primary RegulatorFDIC
Established Date01/01/1922
Community BankYes
Ownership TypeMutual
ZIP07452
State and County Number34003
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number02
Numeric code42
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictNew York
Core Based Statistical Area NameNew York-Newark-Jersey City, NY-NJ-PA

Operational Info

Number of Employees36
Domestic Offices5
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance08/09/1989
Primary Insurance AgencyDIF
Websitewww.ascendiabank.com
Data Updated11/14/2025
CERT28729
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$389.77M
Total Deposits$306.93M
Total Liabilities$354.39M
Total Equity Capital$35.38M
Net Income$-60,000
Net Loans and Leases$310.79M
Assets Per Employee ($Millions)$10.26M
Bank Premises and Fixed Assets$9.29M
Cash and Balances due from Depository Institutions$16.22M
Deposits Held in Domestic Offices$306.93M

Key Performance Ratios

Return on Assets (ROA)-0.06%
Return on Equity (ROE)-0.68%
Net Interest Margin2.29%
Efficiency Ratio102.93%
Tier 1 Risk-Based Capital Ratio13.455%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets-0.01%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.078%
Earning Assets to total Assets93.18%

Income and Expense

Total Interest Income$4.69M
Total Noninterest Income$173.00k
Total Interest Expense$2.61M
Total Noninterest Expense$2.32M
Net Interest Income$2.08M
Pre-tax Net Operating Income$-60,000
Provision for Credit Losses$-6,000
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$43.20M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$4.27M
Total Liabilities and Capital$389.77M

Securities

Securities$39.78M
Available-for-sale debt securities$2.02M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$37.76M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Ascendia Bank?
$389.77M as of the latest filing.
How much are Ascendia Bank's total deposits?
$306.93M in total deposits.
Where is Ascendia Bank located?
Glen Rock, NJ.
What is the Net Interest Margin?
2.29%.
How many domestic offices does it operate?
5.
When was it established?
01/01/1922.
What is the Return on Assets (ROA)?
-0.06%.
How much are total loans and leases?
$310.79M (latest filing).
What is the total interest income (latest filing)?
$4.69M.