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Alden State Bank

Alden, NY · Cert 9831

State charter, Fed member · FED · 3 branches

Q2 2026

$463.1MAssets
$303.9MLoans
$391.3MDeposits
$69.1MEquity
Loan mix
82%RE $245.9M17%C&I $49.8M1%Consumer $2.8MQ2 2025Q2 2026
Deposit mix
64%Interest-bearing $250.4M36%Noninterest $140.8MQ2 2025Q2 2026

NIM

4.96%Q2 ’245.13%Q2 ’255.23%Q2 ’26+1%+6%

Non-interest income vs. expense

2.93%Q2 ’242.76%Q2 ’252.91%Q2 ’26-3%+5%

Market Position · Buffalo-Cheektowaga, NY · 2026 SOD (annual) · 0.6% share · #10 of 20 inst. · $0.4B of $67.0B

Executive Summary

  • Earnings: ROA of 1.33%, up 12 bps year over year; NIM at 4.36%.
  • Asset quality: problem loans at 2.63% of loans (+146 bps YoY), with net charge-offs at 0.47%.
  • Capital: tier 1 leverage ratio of 15.18%, up 21 bps from a year ago.
  • Funding: loans stand at 77.67% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.33%+12 bps YoY

Net Interest Margin (quarter, annualized)

4.36%+24 bps YoY

Efficiency Ratio (quarter, annualized)

62.39%-39 bps YoY

Tier 1 Leverage Ratio

15.18%+21 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.21%1.52%0.85%0.97%1.33%+12 bps
Return on Equity8.19%10.13%5.62%6.40%8.85%+66 bps
Net Interest Margin4.11%4.40%4.23%4.01%4.36%+24 bps
Efficiency Ratio62.77%59.29%74.69%68.32%62.39%-39 bps
Non-Interest Burden2.48%2.48%3.12%2.65%2.61%+13 bps
Growth
Asset Growth (YoY)5.38%5.62%6.76%2.55%4.75%-63 bps
Loan Growth (YoY)3.69%9.37%7.38%5.17%5.63%+194 bps
Deposit Growth (YoY)4.83%5.38%6.74%2.00%4.69%-14 bps
Asset Quality
Nonperforming Loans / Loans1.17%1.06%1.65%2.55%2.63%+146 bps
Net Charge-Offs / Loans0.40%0.03%0.64%0.03%0.47%+7 bps
Allowance / Loans1.18%1.14%1.09%1.15%1.02%-17 bps
Allowance Coverage of NPLs1.0x1.1x0.7x0.5x0.4x-0.6x
Capital
Tier 1 Leverage Ratio14.97%15.09%14.99%15.24%15.18%+21 bps
Total Risk-Based Capital23.37%24.07%23.85%24.18%23.65%+28 bps
Equity / Assets14.88%15.05%15.14%15.07%14.93%+5 bps
Liquidity & Funding
Loans / Deposits76.98%79.52%79.51%78.26%77.67%+69 bps
Liquid Assets / Assets20.57%19.29%18.38%19.77%19.00%-156 bps
CRE / Total Capitaln/a177.37%184.48%178.69%n/an/a