Metuchen Savings Bank

Metuchen Savings Bank is headquartered in Metuchen and is the 70^th largest bank in the state of New Jersey. It is also the 2,429^th largest bank in the nation. It was established in 1897 and as of March of 2012, it had grown to 47 employees at 2 locations. Metuchen Savings Bank has a 5-star health rating.

Metuchen Savings Bank Routing Number: 221272028

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Data for Q1 2012

Institution Statistics Metuchen Savings Bank FDIC Certificate # 30099 BankRate Report View Year Established 1897 Employees 47 Primary Regulator FDIC Assets and Liabilities Assets $265.39 million Loans $131.88 million Deposits $229.77 million Equity Capital $27.53 million Loan Loss Allowance $1.30 million Unbacked Noncurrent Loans $902,000 Real Estate Owned $1.20 million Historic Data - March 2011 Assets $271.46 million Equity Capital $23.02 million Loan Loss Allowance $1.38 million Unbacked Noncurrent Loans $1.76 million Real Estate Owned $1.50 million Profit Margin - Quarterly Net Interest Margin 3.04% Return on Assets 0.33% Return on Equity 3.19% Interest Income $2.43 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 Metuchen Savings Bank had $2.1 million in non-current loans and owned real-estate with $28.83 million in equity and loan loss allowances on hand to cover it. This gives Metuchen Savings Bank a Texas Ratio of 7.30% 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 Metuchen Savings Bank decreased significantly from 13.33% as of March 31, 2011 to 7.30% as of March 31, 2012, resulting in a positive change of 45.25%.This indicates that the balance sheet and financial strength for Metuchen Savings Bank has improved significantly in recent periods. Deposit Growth In the past year, Metuchen Savings Bank has decreased its total deposits by -$5.66 million, resulting in -2.4% 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 Metuchen Savings Bank has shown is below 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. Metuchen Savings Bank has $265.38 million in assets with $28.83 million in equity, resulting in a capitalization level of 10.86%, which is above average.

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