Alma Bank
Astoria, New York, Queens County
$1.6B in total assets, the 724th largest of 4,309 US banks and 53rd of 126 headquartered in New York.
- FDIC certificate
- 58424
- Established
- 2007
- Owned by
- No holding company
- Primary regulator
- FDIC
- Website
- www.almabank.com
At a glance
Compared with 44 banks headquartered in New York with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $1.6B | 27% | $2.5B | |
| Loans | $1.4B | 36% | $1.9B | |
| Deposits | $1.3B | 30% | $2.1B | |
| Return on assets | 0.65% | 25% | 1.06% | |
| Net interest margin | 3.72% | 68% | 3.49% | |
| Efficiency ratio | 75.1% | 82% | 59.2% | |
| Equity to assets | 9.99% | 50% | 10.04% | |
| Loans to deposits | 102% | 91% | 86% |
Growth
Total assets grew 4.1% a year over the last 5 years and 4.1% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Apr 2012 | Fort Lee Federal Savings Bank, FSB Fort Lee, NJ | $49M |
Where they operate
13 branches in 7 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Queens County, NY | $754M | 0.9% | 17 of 52 |
| Kings County, NY | $180M | 0.3% | 26 of 41 |
| Passaic County, NJ | $152M | 0.6% | 14 of 19 |
| Bergen County, NJ | $86M | 0.1% | 34 of 45 |
| Bronx County, NY | $72M | 0.4% | 21 of 23 |
| New York County, NY | $55M | 0.0% | 72 of 83 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
No net change since 2016 (13 branches then and now). 2 opened, 0 acquired, 2 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 13 | |||
| 2019 | Closed Brooklyn | 0 | 1 | −1 | 12 |
| 2022 | Opened FlushingClosed Bayside | 1 | 1 | 0 | 12 |
| 2024 | Opened Port Washington | 1 | 0 | +1 | 13 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 57% | 27% | |
| Business (C&I) | 18% | 19% | |
| Multifamily | 17% | 12% | |
| 1-4 family residential | 4% | 26% | |
| Construction and land | 2% | 5% | |
| Consumer | 0% | 5% | |
| Other | 3% | 6% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Time deposits | 42% | 27% | |
| Other interest-bearing | 32% | 54% | |
| Noninterest-bearing | 26% | 19% |
Brokered deposits are 14.5% of deposits (peers 3.6%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.84% | 0.62% |
| Net charge-offs, annualized | 0.12% | 0.03% |
| Reserves to loans | 1.84% | 1.00% |
| Leverage ratio | 10.35% | 10.12% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in New York
Largest competitors in Queens County, NY
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/alma