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105 River Avenue
Lakewood, NJ 08701

First Commerce Bank (NJ) is headquartered in Lakewood and is the 56th largest bank in the state of New Jersey. It is also the 1,913st largest bank in the nation. It was established in 2006 and as of December of 2013, it had grown to 68 employees at 4 locations. First Commerce Bank (NJ) has a A+ health rating.

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Data for Q4 2013

Institution Health


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, 2013 First Commerce Bank (NJ) had $526,000 in non-current loans and owned real-estate with $45.45 million in equity and loan loss allowances on hand to cover it. This gives First Commerce Bank (NJ) a Texas Ratio of 1.16% 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 First Commerce Bank (NJ) experienced no significant changes from 1.18% as of December 31, 2012 to 1.16% as of December 31, 2013, resulting in a positive change of 1.83%.This indicates that the balance sheet and financial strength for First Commerce Bank (NJ) has had no significant changes in recent periods.

Deposit Growth


In the past year, First Commerce Bank (NJ) has increased its total deposits by $95.72 million, resulting in 49.94% 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.



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 $341.1 million in assets with $45.45 million in equity, resulting in a capitalization level of 13.32%, which is excellent.

Institution Statistics

FDIC Certificate #58054
Year Established2006
Primary RegulatorFDIC
Assets and Liabilities
Assets$341.10 million
Loans$285.22 million
Deposits$287.40 million
Equity Capital$40.99 million
Loan Loss Allowance$4.46 million
Real Estate Owned$526,000
Historic Data - December 2012
Assets$226.01 million
Equity Capital$27.60 million
Loan Loss Allowance$3.19 million
Unbacked Noncurrent Loans$0
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin4.17%
Return on Assets1.07%
Return on Equity8.95%
Interest Income$13.43 million

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First Commerce Bank (NJ) Locations
First Commerce Bank105 River AvenueLakewood, NJ 8701
Allentown Branch40 North Main StreetAllentown, NJ 8501
Closter Branch530 Piermont RoadCloster, NJ 7624