Institution Statistics
| Rumson-Fair Haven Bank and Trust Company | | FDIC Certificate # | 35381 | | BankRate Report | View | | Year Established | 2000 | | Employees | 34 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $226.07 million | | Loans | $92.61 million | | Deposits | $196.08 million | | Equity Capital | $17.19 million | | Loan Loss Allowance | $1.37 million | | Unbacked Noncurrent Loans | $1.32 million | | Real Estate Owned | $111,000 |
Historic Data - March 2011 | | Assets | $200.62 million | | Equity Capital | $15.56 million | | Loan Loss Allowance | $1.31 million | | Unbacked Noncurrent Loans | $1.48 million | | Real Estate Owned | $111,000 |
Profit Margin - Quarterly | | Net Interest Margin | 2.55% | | Return on Assets | 0.26% | | Return on Equity | 3.56% | | Interest Income | $1.82 million |
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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 Rumson-Fair Haven Bank and Trust Company had $1.43 million in non-current loans and owned real-estate with $18.56 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 7.70% 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 slightly from 9.45% as of March 31, 2011 to 7.70% as of March 31, 2012, resulting in a positive change of 18.52%.This indicates that the balance sheet and financial strength for Rumson-Fair Haven Bank and Trust Company has improved slightly in recent periods. | | Deposit Growth | | | In the past year, Rumson-Fair Haven Bank and Trust Company has increased its total deposits by $24.86 million, resulting in 14.52% 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 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. Rumson-Fair Haven Bank and Trust Company has $226.07 million in assets with $18.56 million in equity, resulting in a capitalization level of 8.21%, which is average. |
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