Institution Statistics
| Rumson-Fair Haven Bank and Trust Company | | FDIC Certificate # | 35381 | | BankRate Report | View | | Year Established | 2000 | | Employees | 39 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $212.68 million | | Loans | $116.16 million | | Deposits | $181.55 million | | Equity Capital | $18.48 million | | Loan Loss Allowance | $1.53 million | | Unbacked Noncurrent Loans | $752,000 |
Historic Data - December 2011 | | Assets | $227.16 million | | Equity Capital | $16.49 million | | Loan Loss Allowance | $1.33 million | | Unbacked Noncurrent Loans | $2.16 million | | Real Estate Owned | $111,000 |
Profit Margin - Quarterly | | Net Interest Margin | 2.68% | | Return on Assets | 0.44% | | Return on Equity | 5.52% | | Interest Income | $7.31 million |
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Institution Health
Overall Score:
4 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 December 31, 2012 Rumson-Fair Haven Bank and Trust Company had $752,000 in non-current loans and owned real-estate with $20.01 million in equity and loan loss allowances on hand to cover it. This gives Rumson-Fair Haven Bank and Trust Company a Texas Ratio of 3.76% 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 Rumson-Fair Haven Bank and Trust Company decreased significantly from 12.74% as of December 31, 2011 to 3.76% as of December 31, 2012, resulting in a positive change of 70.50%.This indicates that the balance sheet and financial strength for Rumson-Fair Haven Bank and Trust Company has improved significantly in recent periods. | | Deposit Growth |  | | In the past year, Rumson-Fair Haven Bank and Trust Company has decreased its total deposits by -$16.12 million, resulting in -8.15% 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 Rumson-Fair Haven Bank and Trust Company has shown is poor. | | 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. Rumson-Fair Haven Bank and Trust Company has $212.68 million in assets with $20.01 million in equity, resulting in a capitalization level of 9.41%, which is average. |
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