Ascendia Bank
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Data as of · sourced from FFIEC call reports. How we update
Ascendia Bank is an FDIC-insured savings bank headquartered in Glen Rock, NJ, established in 1922 (FDIC certificate 28729), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $395.3M, up 1.4% from Q2 2025, the 38th largest of 49 banks headquartered in New Jersey. Its CET1 capital ratio was 13.67% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Savings bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 28729
- Headquarters
- Glen Rock, NJ
- Established
- 1922
- Total assets, Q2 2026
- $395.3M
- Assets vs Q2 2025
- +1.4%
- CET1 ratio, Q2 2026
- 13.67%
- Domestic offices
- 5 FDIC institution directory, current count
- Routing number
- 221271964
- Asset rank in state
- 38th of 49 in New Jersey
Ascendia Bank spends more to run itself than most banks of its size. The Glen Rock, New Jersey bank had $395 million in assets at June 30, 2026, up 1.4% from a year earlier. It earns about $0.33 a year on every $100 of assets, a small fraction of the median of $1.28 for the 2,660 banks with $100 million to $1 billion in assets. It also spends about 84 cents to bring in each dollar of revenue, higher than about 9 in 10 banks its size (median 61 cents).
Its margin is thin by comparison: it keeps 2.69 cents of net interest income on every dollar of earning assets, lower than about 9 in 10 banks its size (median 3.95 cents).
As of June 30, 2026, Ascendia Bank reported a CET1 capital ratio of 13.67%, a return on assets of 0.33%, a nonperforming-loan ratio of 0.13% and a Texas ratio of 1.14%. The figures come from its call report filed with the FFIEC.
Of the 49 banks headquartered in New Jersey, Ascendia Bank is the 38th largest by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 1.8% to $395.3M, loans rose 1.6% and deposits rose 2.4%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 60.1% of total loans, ahead of multifamily loans at 20.7%. Its 5 offices in the FDIC Summary of Deposits are in 4 cities in NJ; its Glen Rock office books 47% of its branch deposits. By the capital ratios in its Q2 2026 call report, Ascendia Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 175 Rock Rd, Glen Rock, NJ 07452
- County
- Bergen
- Metro Area
- New York-Newark-Jersey City, NY-NJ
- Charter
- State-chartered stock savings bank, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- New York (Region 2)
- Federal Reserve member
- —
- Federal Reserve district
- District 2, New York
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1922
- Former names
- Glen Rock Savings Bank (1997-2021); Glen Rock Savings Bank, SLA (1991-1997)
- Domestic offices
- 5 FDIC institution directory, current count
- Employees (FTE)
- 37
- Domestic deposits
- $318.8M
- Allowance for credit losses
- $1.7M
- Net charge-offs (YTD)
- $0
- Average total assets
- $388.5M
- Average total loans
- $317.2M
- Average interest-bearing deposits
- $282.5M
- Tax status
- C corporation
- Ownership
- Mutual
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 28729
- Fed RSSD
- 147679
- Website
- www.ascendiabank.com →
Profitability
Q2 annualizedCapital & Liquidity
Balance 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. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Ascendia Bank's total assets ran between $378.1M (Q4 2025) and $395.3M (Q2 2026), and it earned a profit in 5 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$395.3M total assets against $389.9M; $359.4M total liabilities against $354.5M.
$319.8M net loans and leases against $311.8M; $318.8M total deposits against $306.6M.
$35.5M securities against $40.1M; $17.9M cash and balances due against $14.7M.
$4.9M total interest income against $4.6M; $2.4M total interest expense against $2.6M.
$2.5M net interest income against $2.0M.
$168K total noninterest income against $174K; $2.2M total noninterest expense against $2.3M.
$65K provision for credit losses against -$22K.
$324K net income against -$632K.
0.33% return on assets against -0.64%; 2.69% net interest margin against 2.16%.
13.67% CET1 capital ratio against 13.60%; 9.29% tier 1 leverage ratio against 9.05%.
Inside the full Ascendia Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
Commercial real estate loans exceed 300% of total capital, the threshold at which the 2006 interagency guidance flags a bank for heightened supervisory scrutiny. CRE concentration has been the central stress vector for regional banks since 2023. 2006 Interagency CRE Concentration Guidance (SR 07-1).
Ascendia Bank rankings
Its closest position to the top of a national ranking is 2,070 of 4,196, for total assets; its furthest is 3,379 of 3,611, for ROA.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from -0.64% (Q2 2025) to 0.33% (Q2 2026) and its net interest margin ran from 1.99% (Q3 2024) to 2.69% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 13.67% | 0.33% | 0.13% | 1.14% | 2.69% |
| Q1 2026 | 14.03% | 0.14% | 0.05% | 0.46% | 2.46% |
| Q4 2025 | 14.57% | 0.10% | 0.06% | 0.47% | 2.48% |
| Q3 2025 | 13.45% | -0.06% | 0.12% | 1.02% | 2.26% |
| Q2 2025 | 13.60% | -0.64% | 0.23% | 1.91% | 2.16% |
| Q1 2025 | 13.62% | -0.05% | 0.21% | 1.76% | 2.05% |
| Q4 2024 | 13.39% | -0.11% | 0.22% | 1.91% | 2.00% |
| Q3 2024 | 13.67% | -0.15% | 0.09% | 0.76% | 1.99% |
Swipe the table sideways to see every column.
Branch Network
View all 5 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 |
|---|---|---|---|
| Ascendia Bank (main office) | Glen Rock , NJ | 07452 | $150.0M |
| 250 Lincoln Avenue Branch | Hawthorne , NJ | 07506 | $66.7M |
| Llewellyn-Edison Savings Bank Branch | West Orange , NJ | 07052 | $62.7M |
| 83 Northfield Ave Branch | West Orange , NJ | 07052 | $29.1M |
| Oradell Branch | Oradell , NJ | 07649 | $10.4M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| October 3, 2015 | Structure Change | Acquired Llewellyn-Edison Savings Bank, FSB Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| October 2, 2015 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 1 against the institution (OCC (former OTS))
- March 16, 1992, OCC (former OTS): Supervisory Agreement: Glen Rock Savings Bank
- Period: Most recent institution action March 16, 1992. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- <0.1% of deposits in NJ, rank 60 of 96 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- Mortgage lending (HMDA), SBA 7(a) lending, 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 Ascendia Bank
What are Ascendia Bank's total assets?
As of the Q2 2026 filing, Ascendia Bank reported total assets of $395.3 million in its FFIEC call report.
Where is Ascendia Bank headquartered?
It is headquartered in Glen Rock, NJ, United States.
When was Ascendia Bank founded?
It was established in 1922, per the FDIC institution directory.
Is Ascendia Bank FDIC-insured?
Yes. It is an FDIC-insured savings bank (FDIC Certificate #28729). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Ascendia Bank?
Ascendia Bank's primary federal regulator is the FDIC.
What is Ascendia Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 13.67% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Ascendia Bank operate?
It operates 5 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Ascendia Bank's Texas Ratio?
Its Texas Ratio is 1.14% 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.
What was Ascendia Bank previously called?
The charter now named Ascendia Bank has also operated as Glen Rock Savings Bank (1997-2021), Glen Rock Savings Bank, SLA (1991-1997), per FDIC structure-change records.
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