First Commerce Bank (NJ)

First Commerce Bank (NJ) is headquartered in Lakewood and is the 89^th largest bank in the state of New Jersey. It is also the 3,508^th largest bank in the nation. It was established in 2006 and as of March of 2012, it had grown to 37 employees at 2 locations. First Commerce Bank (NJ) has a 5-star health rating.

Data for Q1 2012

Institution Statistics First Commerce Bank FDIC Certificate # 58054 BankRate Report View Year Established 2006 Employees 37 Primary Regulator FDIC Assets and Liabilities Assets $171.60 million Loans $133.67 million Deposits $140.41 million Equity Capital $26.77 million Loan Loss Allowance $1.77 million Historic Data - March 2011 Assets $97.74 million Equity Capital $21.45 million Loan Loss Allowance $943,000 Unbacked Noncurrent Loans $1.11 million Profit Margin - Quarterly Net Interest Margin 3.92% Return on Assets 0.64% Return on Equity 4.28% Interest Income $1.98 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 First Commerce Bank (NJ) had $0 in non-current loans and owned real-estate with $28.53 million in equity and loan loss allowances on hand to cover it. This gives First Commerce Bank (NJ) a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Deposit Growth In the past year, First Commerce Bank (NJ) has increased its total deposits by $64.2 million, resulting in 84.23% 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 First Commerce Bank (NJ) 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. First Commerce Bank (NJ) has $171.6 million in assets with $28.53 million in equity, resulting in a capitalization level of 16.63%, which is excellent.

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