Alden State Bank (Alden, MI)
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Data as of · sourced from FFIEC call reports. How we update
Alden State Bank is an FDIC-insured commercial bank headquartered in Alden, MI, established in 1934 (FDIC certificate 17622), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $318.4M, up 0.1% from Q2 2025, the 48th largest of 72 banks headquartered in Michigan. It reports no CET1 ratio; its Tier 1 leverage ratio was 12.71% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 17622
- Headquarters
- Alden, MI
- Established
- 1934
- Total assets, Q2 2026
- $318.4M
- Assets vs Q2 2025
- +0.1%
- Tier 1 leverage ratio, Q2 2026
- 12.71%
- Domestic offices
- 4 FDIC institution directory, current count
- Routing number
- 072405442
- Asset rank in state
- 48th of 72 in Michigan
Alden State Bank, based in Alden, Michigan, reported $318 million in assets at June 30, 2026. It lost 1.5% of its deposits over the year, lower than about three-quarters of the 2,660 banks with $100 million to $1 billion in assets (median 4.0%). It also spends about 49 cents to bring in each dollar of revenue, lower than about three-quarters of banks its size (median 61 cents).
Net income for the quarter rose 29% from a year earlier, to $1.5 million. Over the same year, loans grew 3.0% and deposits shrank 1.5%.
As of June 30, 2026, Alden State Bank reported a return on assets of 1.82%, a nonperforming-loan ratio of 0.26% and a Texas ratio of 1.92%. The figures come from its call report filed with the FFIEC.
Alden State Bank ranks as the 48th largest of the 72 banks based in Michigan, by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 0.2% to $318.4M, loans fell 2.9% and deposits rose 0.1%. 1-4 family residential loans made up 55.7% of its total loans on June 30, 2026, its largest category; next came commercial and industrial loans at 13.6%. The FDIC Summary of Deposits lists 4 offices for it, in 4 cities in MI; its Alden office books 36% of its branch deposits. By the capital ratios in its Q2 2026 call report, Alden State Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 10564 Coy St, Alden, MI 49612
- County
- Antrim
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- No
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1934
- Domestic offices
- 4 FDIC institution directory, current count
- Employees (FTE)
- 31
- Domestic deposits
- $276.4M
- Allowance for credit losses
- $5.0M
- Net charge-offs (YTD)
- $26K
- Average total assets
- $321.4M
- Average total loans
- $196.2M
- Average interest-bearing deposits
- $208.4M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- June 22, 1956
- FDIC Cert
- 17622
- Fed RSSD
- 388744
- Website
- www.alden.bank →
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Alden State Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Alden State Bank's total assets ran between $273.6M (Q4 2023) and $335.4M (Q3 2025), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$318.4M total assets against $318.2M; $278.4M total liabilities against $282.4M.
$191.0M net loans and leases against $185.3M; $276.4M total deposits against $280.7M.
$73.5M securities against $72.1M; $38.3M cash and balances due against $47.2M.
$4.4M total interest income against $4.4M; $1.0M total interest expense against $1.4M.
$3.4M net interest income against $3.0M.
$357K total noninterest income against $304K; $1.9M total noninterest expense against $1.9M.
No provision recorded in the last 12 quarters.
$1.5M net income against $1.1M.
1.82% return on assets against 1.46%; 4.33% net interest margin against 4.01%.
12.71% tier 1 leverage ratio against 11.77%.
Inside the full Alden State Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeAlden State Bank rankings
Its closest position to the top of a national ranking is 715 of 3,611, for ROA; its furthest is 2,285 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.25% (Q1 2025) to 1.93% (Q4 2024) and its net interest margin ran from 3.69% (Q1 2025) to 4.44% (Q4 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.71% | 1.82% | 0.26% | 1.92% | 4.33% |
| Q1 2026 | 12.84% | 1.68% | 0.25% | 1.92% | 4.31% |
| Q4 2025 | 12.17% | 1.81% | 0.20% | 0.91% | 4.44% |
| Q3 2025 | 11.68% | 1.63% | 0.23% | 1.03% | 4.05% |
| Q2 2025 | 11.77% | 1.46% | 0.18% | 0.85% | 4.01% |
| Q1 2025 | 11.73% | 1.25% | 0.52% | 2.30% | 3.69% |
| Q4 2024 | 11.47% | 1.93% | 0.41% | 1.88% | 4.04% |
| Q3 2024 | 11.38% | 1.68% | 0.45% | 1.99% | 4.20% |
Swipe the table sideways to see every column.
Branch Network
View all 4 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Alden State Bank (main office) | Alden , MI | 49612 | $98.5M |
| Elk Rapids Branch | Elk Rapids , MI | 49629 | $80.6M |
| Bellaire Branch | Bellaire , MI | 49615 | $62.2M |
| Central Lake Branch | Central Lake , MI | 49622 | $35.2M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in MI, rank 64 of 95 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 2 loans, $999K approved, $500K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2023 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Alden State Bank
What are Alden State Bank's total assets?
As of the Q2 2026 filing, Alden State Bank reported total assets of $318.4 million in its FFIEC call report.
Where is Alden State Bank headquartered?
It is headquartered in Alden, MI, United States.
When was Alden State Bank founded?
It was established in 1934, per the FDIC institution directory.
Is Alden State Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #17622). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Alden State Bank?
Alden State Bank's primary federal regulator is the FDIC.
How many branches does Alden State Bank operate?
It operates 4 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Alden State Bank's Texas Ratio?
Its Texas Ratio is 1.92% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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