Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
105 River Avenue
Lakewood, NJ 08701

First Commerce Bank (NJ) is headquartered in Lakewood and is the 55th largest bank in the state of New Jersey. It is also the 1,846th largest bank in the nation. It was established in 2006 and as of March of 2014, it had grown to 71 employees at 4 locations. First Commerce Bank (NJ) has a A+ health rating.

No reviews have been left for this bank yet. Be the first to review.


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 First Commerce Bank (NJ) had $1.13 million in non-current loans and owned real-estate with $47.64 million in equity and loan loss allowances on hand to cover it. This gives First Commerce Bank (NJ) a Texas Ratio of 2.38% 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) decreased slightly from 3.24% as of March 31, 2013 to 2.38% as of March 31, 2014, resulting in a positive change of 26.74%.This indicates that the balance sheet and financial strength for First Commerce Bank (NJ) has improved slightly in recent periods.

Deposit Growth


In the past year, First Commerce Bank (NJ) has increased its total deposits by $95.88 million, resulting in 46.28% 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 $357.77 million in assets with $47.64 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$357.77 million
Loans$305.06 million
Deposits$303.07 million
Equity Capital$42.66 million
Loan Loss Allowance$4.99 million
Unbacked Noncurrent Loans$1.13 million
Real Estate Owned$0
Historic Data - March 2013
Assets$243.22 million
Equity Capital$28.43 million
Loan Loss Allowance$3.51 million
Unbacked Noncurrent Loans$1.13 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin4.15%
Return on Assets1.14%
Return on Equity9.45%
Interest Income$4.16 million

Sorry, we do not have rate data for First Commerce Bank (NJ)


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