Ocean City Home Bank

1001 Asbury Ave
Ocean City, NJ 8226
609-399-0012
www.ochome.com

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Ocean City Home Bank is headquartered in Ocean City and is the 24^th largest bank in the state of New Jersey. It is also the 667^th largest bank in the nation. It was established in 1912 and as of March of 2012, it had grown to 182 employees at 15 locations. Ocean City Home Bank has a 5-star health rating.

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See Rates for: Checking | Savings | CD | IRA

Ocean City Home Bank Checking Account Rates

Apy	Min	Max	Product
0.45%	$250k	-	Non-Profit Checking
0.40%	$75k	-	Money Market Checking
0.40%	$250k	-	Business Sweep Account
0.10%	-	-	Classic Checking

Ocean City Home Bank Savings Account Rates

	Apy	Min	Max	Product
	0.35%	$50k	-	Regular Savings

Ocean City Home Bank CD Rates

Apy	Min	Max	Product
1.50%	-	-	48 Month CD
1.50%	-	-	60 Month CD
1.50%	-	-	84 Month CD
1.25%	-	-	36 Month CD
1.25%	-	-	36 Month Single Bump Your Choice CD
1.00%	-	-	24 Month CD
1.00%	-	-	30 Month CD
1.00%	-	-	24 Month Single Bump Your Choice CD
0.85%	-	-	18 Month CD
0.85%	-	-	18 Month Single Bump Your Choice CD
0.55%	-	-	16 Month CD
0.45%	-	-	12 Month CD
0.45%	-	-	12 Month Single Bump Your Choice CD
0.35%	-	-	6 Month CD
0.35%	-	-	7 Month CD
0.35%	-	-	9 Month CD
0.35%	-	-	10 Month CD
0.35%	-	-	6 Month Single Bump Your Choice CD
0.35%	-	-	9 Month Single Bump Your Choice CD
0.35%	$10k	-	60 Day Business CD
0.15%	-	-	3 Month CD

Ocean City Home Bank IRA Rates

Apy	Min	Max	Product
1.50%	-	-	48 Month IRA
1.50%	-	-	60 Month IRA
1.50%	-	-	84 Month IRA
1.50%	-	-	48 Month Roth IRA
1.50%	-	-	60 Month Roth IRA
1.50%	-	-	84 Month Roth IRA
1.50%	-	-	48 Month SEP IRA
1.50%	-	-	48 Month SIMPLE IRA
1.50%	-	-	60 Month SEP IRA
1.50%	-	-	60 Month SIMPLE IRA
1.50%	-	-	84 Month SEP IRA
1.50%	-	-	84 Month SIMPLE IRA
1.25%	-	-	36 Month IRA
1.25%	-	-	36 Month Roth IRA
1.25%	-	-	36 Month SEP IRA
1.25%	-	-	36 Month SIMPLE IRA
1.00%	-	-	24 Month IRA
1.00%	-	-	30 Month IRA
1.00%	-	-	24 Month Roth IRA
1.00%	-	-	30 Month Roth IRA
1.00%	-	-	24 Month SEP IRA
1.00%	-	-	24 Month SIMPLE IRA
1.00%	-	-	30 Month SEP IRA
1.00%	-	-	30 Month SIMPLE IRA
0.85%	-	-	18 Month IRA
0.85%	-	-	18 Month Roth IRA
0.85%	-	-	18 Month SEP IRA
0.85%	-	-	18 Month SIMPLE IRA
0.55%	-	-	16 Month IRA
0.55%	-	-	16 Month Roth IRA
0.55%	-	-	16 Month SEP IRA
0.55%	-	-	16 Month SIMPLE IRA
0.45%	-	-	12 Month IRA
0.45%	-	-	12 Month Roth IRA
0.45%	-	-	12 Month SEP IRA
0.45%	-	-	12 Month SIMPLE IRA
0.45%	-	-	12 Month IRA
0.45%	-	-	12 Month Roth IRA
0.35%	-	-	6 Month IRA
0.35%	-	-	7 Month IRA
0.35%	-	-	9 Month IRA
0.35%	-	-	10 Month IRA
0.35%	-	-	6 Month Roth IRA
0.35%	-	-	7 Month Roth IRA
0.35%	-	-	9 Month Roth IRA
0.35%	-	-	10 Month Roth IRA
0.35%	-	-	6 Month SEP IRA
0.35%	-	-	6 Month SIMPLE IRA
0.35%	-	-	7 Month SEP IRA
0.35%	-	-	7 Month SIMPLE IRA
0.35%	-	-	9 Month SEP IRA
0.35%	-	-	9 Month SIMPLE IRA
0.35%	-	-	10 Month SEP IRA
0.35%	-	-	10 Month SIMPLE IRA

Rates updated: 5/27/2012

Data for Q1 2012

Institution Statistics

Ocean City Home Bank
OTS #	05091
FDIC Certificate #	30273
BankRate Report	View
Year Established	1912
Employees	182
Primary Regulator	OCC
Assets and Liabilities
Assets	$994.05 million
Loans	$715.02 million
Deposits	$769.15 million
Equity Capital	$102.35 million
Loan Loss Allowance	$3.41 million
Unbacked Noncurrent Loans	$6.11 million
Real Estate Owned	$243,000
Historic Data - March 2011
Assets	$852.05 million
Equity Capital	$87.44 million
Loan Loss Allowance	$3.53 million
Unbacked Noncurrent Loans	$5.79 million
Real Estate Owned	$98,000
Profit Margin - Quarterly
Net Interest Margin	3.07%
Return on Assets	0.61%
Return on Equity	5.95%
Interest Income	$9.55 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 Ocean City Home Bank had $6.35 million in non-current loans and owned real-estate with $105.75 million in equity and loan loss allowances on hand to cover it. This gives Ocean City Home Bank a Texas Ratio of 6.01% 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 Ocean City Home Bank held steady from 6.48% as of March 31, 2011 to 6.01% as of March 31, 2012, resulting in a positive change of 7.24%.This indicates that the balance sheet and financial strength for Ocean City Home Bank has held steady in recent periods.
Deposit Growth
In the past year, Ocean City Home Bank has increased its total deposits by $139.46 million, resulting in 22.15% 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 Ocean City Home Bank 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. Ocean City Home Bank has $994.05 million in assets with $105.75 million in equity, resulting in a capitalization level of 10.64%, which is above average.

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