Indus American Bank

Indus American Bank is headquartered in Iselin and is the 81^st largest bank in the state of New Jersey. It is also the 2,953^rd largest bank in the nation. It was established in 2005 and as of September of 2011, it had grown to 53 employees at 4 locations. Indus American Bank has a 3-star health rating.

Indus American Bank Routing Number: 021214066

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Data for Q3 2011

Institution Statistics Indus American Bank FDIC Certificate # 57983 BankRate Report View Year Established 2005 Employees 53 Primary Regulator FDIC Assets and Liabilities Assets $211.42 million Loans $163.69 million Deposits $155.40 million Equity Capital $16.95 million Loan Loss Allowance $3.85 million Unbacked Noncurrent Loans $12.90 million Real Estate Owned $244,000 Historic Data - September 2010 Assets $211.75 million Equity Capital $18.36 million Loan Loss Allowance $3.04 million Unbacked Noncurrent Loans $7.56 million Profit Margin - Quarterly Net Interest Margin 3.89% Return on Assets -0.2% Return on Equity -2.43% Interest Income $8.59 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 September 30, 2011 Indus American Bank had $13.15 million in non-current loans and owned real-estate with $20.8 million in equity and loan loss allowances on hand to cover it. This gives Indus American Bank a Texas Ratio of 63.20% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Indus American Bank increased slightly from 35.36% as of September 30, 2010 to 63.20% as of September 30, 2011, resulting in a negative change of 78.74%. This indicates that the balance sheet and financial strength for Indus American Bank has declined slightly in recent periods. Deposit Growth In the past year, Indus American Bank has increased its total deposits by $7.28 million, resulting in 4.92% 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 Indus American Bank 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. Indus American Bank has $211.42 million in assets with $20.8 million in equity, resulting in a capitalization level of 9.84%, which is average.

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