Enterprise National Bank N.J.

Enterprise National Bank N.J. is headquartered in Kenilworth and is the 100^th largest bank in the state of New Jersey. It is also the 4,113^st largest bank in the nation. It was established in 2002 and as of December of 2012, it had grown to 26 employees at 3 locations. Enterprise National Bank N.J. has a 5-star health rating.

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Data for Q4 2012

Institution Statistics Enterprise National Bank N.J. FDIC Certificate # 57055 BankRate Report View Year Established 2002 Employees 26 Primary Regulator OCC Assets and Liabilities Assets $134.17 million Loans $101.57 million Deposits $110.97 million Equity Capital $18.89 million Loan Loss Allowance $1.27 million Unbacked Noncurrent Loans $1.14 million Real Estate Owned $1.42 million Historic Data - December 2011 Assets $132.57 million Equity Capital $18.10 million Loan Loss Allowance $1.57 million Unbacked Noncurrent Loans $5.16 million Real Estate Owned $296,000 Profit Margin - Quarterly Net Interest Margin 4.04% Return on Assets 0.53% Return on Equity 3.77% Interest Income $6.25 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 December 31, 2012 Enterprise National Bank N.J. had $2.55 million in non-current loans and owned real-estate with $20.17 million in equity and loan loss allowances on hand to cover it. This gives Enterprise National Bank N.J. a Texas Ratio of 12.65% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Enterprise National Bank N.J. decreased significantly from 27.76% as of December 31, 2011 to 12.65% as of December 31, 2012, resulting in a positive change of 54.42%.This indicates that the balance sheet and financial strength for Enterprise National Bank N.J. has improved significantly in recent periods. Deposit Growth In the past year, Enterprise National Bank N.J. has increased its total deposits by $2.27 million, resulting in 2.08% 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 Enterprise National Bank N.J. has shown is above 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. Enterprise National Bank N.J. has $134.17 million in assets with $20.17 million in equity, resulting in a capitalization level of 15.03%, which is excellent.

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