Century Savings Bank

Century Savings Bank is headquartered in Vineland and is the 57^th largest bank in the state of New Jersey. It is also the 1,856^th largest bank in the nation. It was established in 1865 and as of March of 2012, it had grown to 65 employees at 6 locations. Century Savings Bank's savings rates are 92% higher than the national average, and it boasts a 5-star health rating.

Century Savings Bank Checking Account Rates

Century Savings Bank Savings Account Rates

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Data for Q1 2012

Institution Statistics Century Savings Bank FDIC Certificate # 30428 BankRate Report View Year Established 1865 Employees 65 Primary Regulator FDIC Assets and Liabilities Assets $358.41 million Loans $108.49 million Deposits $297.15 million Equity Capital $54.68 million Loan Loss Allowance $1.78 million Unbacked Noncurrent Loans $1.27 million Real Estate Owned $492,000 Historic Data - March 2011 Assets $328.55 million Equity Capital $51.84 million Loan Loss Allowance $1.82 million Unbacked Noncurrent Loans $2.14 million Profit Margin - Quarterly Net Interest Margin 2.86% Return on Assets 0.43% Return on Equity 2.8% Interest Income $3.17 million

Institution Health Overall Score: 5 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 March 31, 2012 Century Savings Bank had $1.77 million in non-current loans and owned real-estate with $56.47 million in equity and loan loss allowances on hand to cover it. This gives Century Savings Bank a Texas Ratio of 3.13% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Century Savings Bank decreased slightly from 3.99% as of March 31, 2011 to 3.13% as of March 31, 2012, resulting in a positive change of 21.63%.This indicates that the balance sheet and financial strength for Century Savings Bank has improved slightly in recent periods. Deposit Growth In the past year, Century Savings Bank has increased its total deposits by $27.45 million, resulting in 10.18% 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 Century Savings Bank has shown is excellent. 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. Century Savings Bank has $358.41 million in assets with $56.47 million in equity, resulting in a capitalization level of 15.75%, which is excellent.

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