Ascendia Bank: how it compares with its peers
Against 12 NJ banks with half to twice its assets, Ascendia Bank's strongest measure in Q2 2026 is assets per employee ($10.7M vs. a $6.9M peer median). Its weakest relative measure is net interest margin (2.60% vs. 3.55%).
| Measure | Ascendia Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.24% | 0.50% | Bottom third Ahead of 25% of peers |
| Net interest margin Annualized net interest income over earning assets. | 2.60% | 3.55% | Bottom third Ahead of 17% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 89.50% | 77.10% | Bottom third Ahead of 25% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $10.7M | $6.9M | Top third Ahead of 83% of peers |
| Loans to deposits Net loans and leases over total deposits. | 100.33% | 75.01% | Context |
What it means for lending operations
Its efficiency ratio of 89.50% is above the 77.10% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- The First National Bank of Elmer Elmer, NJ · $408M
- United Roosevelt Savings Bank Carteret, NJ · $381M
- Lusitania Savings Bank Newark, NJ · $418M
- Haddon Savings Bank Haddon Heights, NJ · $421M
- Franklin Bank Pilesgrove, NJ · $334M
- 1st Bank of Sea Isle City Sea Isle City, NJ · $311M
Questions about Ascendia Bank
How big is Ascendia Bank?
Ascendia Bank, established in 1922, is headquartered in Glen Rock, NJ. It reported $395M in total assets in its Q2 2026 FDIC call report and operates 5 offices.
What is Ascendia Bank's return on assets?
0.24% annualized in Q2 2026, against a 0.50% median for 12 NJ banks with half to twice its assets, ahead of 25% of them.
What is Ascendia Bank's efficiency ratio?
89.50% in Q2 2026: it spent about 90 cents in noninterest expense for each dollar of revenue. The peer median is 77.10%, and lower is better.
Is Ascendia Bank growing its loans?
Net loans grew 2.6% over the year to Q2 2026, while deposits grew 4.0%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are NJ banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every New Jersey bank ranked.