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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 Northfield Bank had $27.28 million in non-current loans and owned real-estate with $573.25 million in equity and loan loss allowances on hand to cover it. This gives Northfield Bank a Texas Ratio of 4.76% 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 Northfield Bank decreased dramatically from 11.30% as of December 31, 2012 to 4.76% as of December 31, 2013, resulting in a positive change of 57.90%.This indicates that the balance sheet and financial strength for Northfield Bank has improved dramatically in recent periods.

Deposit Growth


In the past year, Northfield Bank has decreased its total deposits by -$327.52 million, resulting in -16.64% 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 Northfield Bank has shown is poor.



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. Northfield Bank has $2.7 billion in assets with $573.25 million in equity, resulting in a capitalization level of 21.21%, which is excellent.

Institution Statistics

FDIC Certificate #28710
Year Established1887
Primary RegulatorOCC
Assets and Liabilities
Assets$2.70 billion
Loans$1.46 billion
Deposits$1.64 billion
Equity Capital$547.22 million
Loan Loss Allowance$26.04 million
Unbacked Noncurrent Loans$26.65 million
Real Estate Owned$634,000
Historic Data - December 2012
Assets$2.81 billion
Equity Capital$386.09 million
Loan Loss Allowance$26.42 million
Unbacked Noncurrent Loans$26.65 million
Real Estate Owned$871,000
Profit Margin - Quarterly
Net Interest Margin2.95%
Return on Assets0.7%
Return on Equity3.74%
Interest Income$92.67 million
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Northfield Bank Money Market Rates

0.25%$15k-Money Market Account

Northfield Bank CD Rates

1.00%$2,500-60 Month CD
0.75%$2,500-48 Month CD
0.50%$2,500-36 Month CD
0.40%$2,500-24 Month CD
0.40%$2,500-30 Month CD
0.20%$2,500-12 Month CD
0.10%$2,500-6 Month CD
0.05%$2,500-3 Month CD

Northfield Bank IRA Rates

1.00%$2,500-60 Month IRA (Traditional,Roth)
0.75%$2,500-48 Month IRA (Traditional,Roth)
0.50%$2,500-36 Month IRA (Traditional,Roth)
0.40%$2,500-24 Month IRA (Traditional,Roth)
0.40%$2,500-30 Month IRA (Traditional,Roth)
0.20%$2,500-12 Month IRA (Traditional,Roth)
0.10%$2,500-6 Month IRA (Traditional,Roth)
0.05%$2,500-3 Month IRA (Traditional,Roth)

Northfield Bank has 30 locations. Click to view all Northfield Bank locations.