1st Bank of Sea Isle City

1st Bank of Sea Isle City is headquartered in Sea Isle City and is the 73^rd largest bank in the state of New Jersey. It is also the 2,648^th largest bank in the nation. It was established in 1882 and as of December of 2011, it had grown to 38 employees at 3 locations. 1st Bank of Sea Isle City's savings rates are 25% higher than the national average, and it has a 3-star health rating.

1st Bank of Sea Isle City Routing Number: 231271242

1st Bank of Sea Isle City Checking Account Rates

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1st Bank of Sea Isle City CD Rates

Data for Q4 2011

Institution Statistics 1st Bank of Sea Isle City OTS # 05236 FDIC Certificate # 30367 BankRate Report View Year Established 1882 Employees 38 Primary Regulator OCC Assets and Liabilities Assets $240.93 million Loans $191.06 million Deposits $217.52 million Equity Capital $19.59 million Loan Loss Allowance $1.16 million Unbacked Noncurrent Loans $2.07 million Real Estate Owned $1.75 million Historic Data - December 2010 Assets $236.38 million Equity Capital $18.05 million Loan Loss Allowance $1.01 million Unbacked Noncurrent Loans $1.53 million Real Estate Owned $2.03 million Profit Margin - Quarterly Net Interest Margin 3.55% Return on Assets 0.64% Return on Equity 8.22% Interest Income $10.22 million

Institution Health Overall Score: 3 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 1st Bank of Sea Isle City had $3.81 million in non-current loans and owned real-estate with $20.75 million in equity and loan loss allowances on hand to cover it. This gives 1st Bank of Sea Isle City a Texas Ratio of 18.37% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for 1st Bank of Sea Isle City held steady from 18.67% as of December 31, 2010 to 18.37% as of December 31, 2011, resulting in a positive change of 1.61%.This indicates that the balance sheet and financial strength for 1st Bank of Sea Isle City has held steady in recent periods. Deposit Growth In the past year, 1st Bank of Sea Isle City has increased its total deposits by $1.71 million, resulting in 0.79% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth 1st Bank of Sea Isle City has shown is average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. 1st Bank of Sea Isle City has $240.93 million in assets with $20.75 million in equity, resulting in a capitalization level of 8.61%, which is average.

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