# ASCENDIA BANK
GLEN ROCK, NJ · FDIC certificate 28729 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 4 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $395.3M | |
| Deposits | $318.8M | |
| Loans and leases | $321.5M | |
| Total equity | $35.9M | |
| Loans / deposits | 100.33% (p89 of band) | 82.04% |
| Liquid assets / assets | 13.50% (p13 of band) | |
| Uninsured deposits / deposits | 8.71% (p3 of band) | 25.97% |
| Brokered deposits | 5.93% | |
| Wholesale funding | 15.30% (p87 of band) | |
| FHLB advances / assets | 9.37% | |
| Tier 1 leverage | 9.29% (p18 of band) | 10.81% |
| Unrealized securities loss / equity | -9.07% (p47 of band) | -8.10% |
| AOCI / equity | -0.03% (p72 of band) | |
| ROA (annualized) | 0.24% (p6 of band) | 1.28% |
| Net interest margin | 2.60% (p4 of band) | 3.91% |
| Efficiency ratio | 89.50% (p95 of band) | |
| Noncurrent loans | 0.13% (p27 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p29 of band) | |
| Reserve coverage of noncurrent | 388.60% | |
| Real estate % of loans | 100% | |
| Construction % of loans | 60.74% (p64 of band) | |
| Auto loans | $2,000 (0.00% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 4.0% | |
| Employees | 37 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **wholesale funding >15%** (`liq_wholesale`)
- **expense ratio p90** (`earn_efficiency`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 4 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2012-06 | 4 |  |  |
| 2012-09 | 4 |  |  |
| 2012-12 | 3 |  | assets shrinking |
| 2013-03 | 2 |  | deposits shrinking |
| 2013-06 | 3 | deposits shrinking |  |
| 2013-09 | 1 |  | uninsured deposits leaving, deposits shrinking |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 1 |  |  |
| 2015-03 | 3 | losing money, expense ratio p90 |  |
| 2015-06 | 3 |  |  |
| 2015-09 | 4 | capital falling |  |
| 2015-12 | 3 |  | capital falling |
| 2016-03 | 4 | noncurrent p90 |  |
| 2016-06 | 3 |  | noncurrent p90 |
| 2016-09 | 4 | capital falling |  |
| 2016-12 | 4 |  |  |
| 2017-03 | 5 | NIM <2.5% |  |
| 2017-06 | 5 |  |  |
| 2017-09 | 5 |  |  |
| 2017-12 | 5 |  |  |
| 2018-03 | 3 |  | reserve under noncurrent, capital falling |
| 2018-06 | 4 | reserve under noncurrent |  |
| 2018-09 | 5 | capital falling |  |
| 2018-12 | 5 |  |  |
| 2019-03 | 4 |  | losing money |
| 2019-06 | 5 | losing money |  |
| 2019-09 | 4 |  | losing money |
| 2019-12 | 3 |  | capital falling |
| 2020-03 | 4 | losing money |  |
| 2020-06 | 2 |  | expense ratio p90, losing money |
| 2020-09 | 3 | uninsured deposits leaving |  |
| 2020-12 | 3 | capital falling | uninsured deposits leaving |
| 2021-03 | 3 |  |  |
| 2021-06 | 0 |  | NIM <2.5%, reserve under noncurrent, capital falling |
| 2021-09 | 1 | reserve under noncurrent |  |
| 2021-12 | 1 | capital falling | reserve under noncurrent |
| 2022-03 | 2 | expense ratio p90 |  |
| 2022-06 | 0 |  | capital falling, expense ratio p90 |
| 2022-09 | 0 |  |  |
| 2022-12 | 1 | capital falling |  |
| 2023-03 | 2 | loans exceed deposits |  |
| 2023-06 | 4 | wholesale funding >15%, expense ratio p90 |  |
| 2023-09 | 4 |  |  |
| 2023-12 | 5 | NIM <2.5% |  |
| 2024-03 | 6 | losing money |  |
| 2024-06 | 6 |  |  |
| 2024-09 | 6 |  |  |
| 2024-12 | 6 |  |  |
| 2025-03 | 6 |  |  |
| 2025-06 | 6 |  |  |
| 2025-09 | 5 |  | capital falling |
| 2025-12 | 5 |  |  |
| 2026-03 | 4 |  | losing money |
| 2026-06 | 4 | uninsured deposits leaving | NIM <2.5% |

## In the news (Google News, unfiltered, newest first; check the city)

- 2025-10-31 [John Allen, President & CEO, Ascendia Bank - Capital Analytics Associates](https://news.google.com/rss/articles/CBMihAFBVV95cUxQUEEyYVdPMGkyTjZqMGZJb0xVejlZWjlVNlFGOEU4N0ZzQ3hOYVZRUjdyQlpiYzFmWndTWmtKa1A4RF9FZXBibG5zUTFYa0x6dko2cENQbGpmTXNLeDh3ejNfTHBldk5SVlNsdmFLajhhSHVGWDJjRWpkU0YtYjVJSkN5S1M?oc=5) · Capital Analytics Associates
- 2025-08-19 [Allen named new president and CEO of Ascendia Bank - ROI-NJ](https://news.google.com/rss/articles/CBMimAFBVV95cUxPdDhWRUltSTMzQ0FKYnpEbjg3c3haZ2dfRW8wYXNoalBhVHZ3eGkydXZMcXl2eXhMWl9KNnRMUUpEM0JGOEdCdVd0TmhZZVJ4VndpUzJpRlEtMklNdjhsektJZkQ4U0xROERnR09pelNZczhoM0lYUlI1Sld1QVZ4VmFzR2doQ0RBR1lrTjZYakh1RnJ3b3ZRWA?oc=5) · ROI-NJ
- 2022-01-11 [Ascendia Bank names CFO - NJBIZ](https://news.google.com/rss/articles/CBMiVEFVX3lxTE80QTRIS0xGU0RmRE85cHpTLVBNeUVoZ3JjOTFLQzBpT0NEX2MxZV9WX1QxS0JqVDB4UlpYMGVzYzIzX1lVUlI4MGlxWEpqY3JvVzVpUw?oc=5) · NJBIZ
- 2025-09-11 [Ascendia Bank adds Jacobs and Skinner to senior executive team - ROI-NJ](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPcWVJOUNfdVQweW9YWFh1VVRfY2lPa0M3UFM0T0ViSU5nNU9oVXE3LWFaMGNHcFQ3c0FRWXI1dFF0bkZLSVllc2JiQXRCQUpIWU1hNXBFdjJPNk1ZbkZKMlNBamh4ZWRNMVdWd3J1VWNQZTBfcGVfeVRFM1RVWEd3ZHBrcGhGUUJaUWxnWVlmNTJ5NkZfVHJRZnM0YlZKczhoZmZrUnFNQXE?oc=5) · ROI-NJ
- 2024-06-13 [East Orange Man Accused Of Robbing Bank In West Orange - Patch](https://news.google.com/rss/articles/CBMikgFBVV95cUxNQVc5ZXkwYTBHZlhJU2stWTVITDgzc0FNUFpZWjBSeTdDOVhoeS14MmpkeXVWNkw4Z3N6TDJCalBrcFlXWkhBMUVzV2c0WVFXRXNJdW5JYXp0MVlaUWY1Qlk2eEZwOThURWlqeDRrWlhFYy1LY3NlOEprZ2t4cVhVZ1pIQXE5ZDR6TTBVbjV1amNXQQ?oc=5) · Patch
- 2025-08-19 [Ascendia Bank taps NJCC exec Allen as next CEO - NJBIZ](https://news.google.com/rss/articles/CBMiaEFVX3lxTE5Yd2M2aVl4dlJlZHA4VWFGdmhhOU53YVFWV1dYTWZKR0YyY2lXaFMybnl3c1l4TnFNUXNHVFRmeDlkUWhEUlhsSl9xbUk5eGlITUh5bjNLUl9xVy1WWk0zZ2lPaVdOSzEy?oc=5) · NJBIZ
- 2023-06-07 [Ascendia Bank to open new branch in Oradell; its 5th branch is 2nd location in Bergen County - ROI-NJ](https://news.google.com/rss/articles/CBMizwFBVV95cUxPZHJnemdzOFJKYmgwclozU25HTG5OdzM4c1BvVHlndFRHR2tjYkZRaWNUaXVkam1NQ0tDTVZjcThQcWZJNzFUbFp0UFVkajN2YjNrY3VDeGtIRENVdmozdUVyMGRGbVFuZk5BVVpFZ25oOVppQ1dDZVBKQ2VCV05kcTVvdWRKMUN2SWZDX0c0VllqOHJtRFZfaUNqejluZmRQdFBwbGZSdTZ2dU5iTDFONUhkamw3VHlacmN6aFQ2VURLN01uNmotZ0x6aHNWc1U?oc=5) · ROI-NJ
- 2024-07-18 [Fred Viaud, president and CEO, Ascendia Bank - NJBIZ](https://news.google.com/rss/articles/CBMiowFBVV95cUxOOGxKS2tNak1XQXJ2azRzM0tmaWFZNW5xa2hsam5HLS1rQlVwdVBXbmlkcDFZLWprQ2NsX3BRSG9SMF80TkFOX2Q4SFhONmFSWlNiZHlFWkJmZy1SNFZKVTN2bms3VXJBTXdKTEREY0l2T3lFY3dEbDczb0Z2TWw2QmtYbWp6M1dKTGhsX21PSS1aZmRRZGlFS1o3d1F0cGNVNHdj?oc=5) · NJBIZ

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=28729 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/57.json (key "28729", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide