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BankHealth

ASCENDIA BANK

GLEN ROCK, NEW JERSEY · FDIC Cert #28729

B
Health Score
70/100
$386M
Total Assets
$283M
Total Deposits
13.80%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, ASCENDIA BANK holds a Tier 1 capital ratio of 13.80%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning ASCENDIA BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.11%
Nonperforming Loans
Low — healthy loan portfolio
12.72%
Liquidity Ratio
Adequate liquidity
-0.27%
Return on Assets
Negative — losing money
$283M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

ASCENDIA BANK shows strong financial health indicators. With $386M in assets and a Health Score of 70/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

ASCENDIA BANK has a Bank Health Score of B (70/100). It holds a Tier 1 capital ratio of 13.80%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

ASCENDIA BANK holds $386M in total assets and $283M in total deposits. It is located in GLEN ROCK, NEW JERSEY (FDIC Certificate #28729).

ASCENDIA BANK has a Tier 1 capital ratio of 13.80%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.11%, and the return on assets is -0.27%.

Yes. ASCENDIA BANK is FDIC-insured (Certificate #28729). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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