Mariner's Bank

Mariner's Bank is headquartered in Edgewater and is the 67^th largest bank in the state of New Jersey. It is also the 2,383^rd largest bank in the nation. It was established in 2001 and as of March of 2012, it had grown to 53 employees at 7 locations. Mariner's Bank's money market rates are 14% higher than the national average, and it has a 3-star health rating.

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Data for Q1 2012

Institution Statistics MARINERS BANK FDIC Certificate # 35479 BankRate Report View Year Established 2001 Employees 53 Primary Regulator FDIC Assets and Liabilities Assets $271.01 million Loans $194.29 million Deposits $242.87 million Equity Capital $27.19 million Loan Loss Allowance $3.28 million Unbacked Noncurrent Loans $7.81 million Real Estate Owned $8.46 million Historic Data - March 2011 Assets $291.80 million Equity Capital $26.44 million Loan Loss Allowance $4.37 million Unbacked Noncurrent Loans $10.42 million Profit Margin - Quarterly Net Interest Margin 4.06% Return on Assets 0.96% Return on Equity 10.18% Interest Income $3.32 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 March 31, 2012 Mariner's Bank had $16.26 million in non-current loans and owned real-estate with $30.46 million in equity and loan loss allowances on hand to cover it. This gives Mariner's Bank a Texas Ratio of 53.39% 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 Mariner's Bank increased slightly from 33.82% as of March 31, 2011 to 53.39% as of March 31, 2012, resulting in a negative change of 57.84%. This indicates that the balance sheet and financial strength for Mariner's Bank has declined slightly in recent periods. Deposit Growth In the past year, Mariner's Bank has decreased its total deposits by -$1.52 million, resulting in -0.62% 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 Mariner's Bank 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. Mariner's Bank has $271 million in assets with $30.46 million in equity, resulting in a capitalization level of 11.24%, which is above average.

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