Fulton Bank of New Jersey

Fulton Bank of New Jersey is headquartered in Mount Laurel and is the 7^th largest bank in the state of New Jersey. It is also the 224^th largest bank in the nation. It was established in 1989 and as of March of 2012, it had grown to 549 employees at 74 locations. Fulton Bank of New Jersey has a 4-star health rating.

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Data for Q1 2012

Institution Statistics Fulton Bank of New Jersey FDIC Certificate # 27614 BankRate Report View Year Established 1989 Employees 549 Primary Regulator FDIC Assets and Liabilities Assets $3.40 billion Loans $2.26 billion Deposits $2.81 billion Equity Capital $468.80 million Loan Loss Allowance $91.48 million Unbacked Noncurrent Loans $100.06 million Real Estate Owned $9.79 million Historic Data - March 2011 Assets $2.07 billion Equity Capital $278.33 million Loan Loss Allowance $51.04 million Unbacked Noncurrent Loans $67.31 million Real Estate Owned $7.07 million Profit Margin - Quarterly Net Interest Margin 4.1% Return on Assets 0.32% Return on Equity 2.36% Interest Income $34.86 million

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 March 31, 2012 Fulton Bank of New Jersey had $109.84 million in non-current loans and owned real-estate with $560.28 million in equity and loan loss allowances on hand to cover it. This gives Fulton Bank of New Jersey a Texas Ratio of 19.61% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Fulton Bank of New Jersey held steady from 22.58% as of March 31, 2011 to 19.61% as of March 31, 2012, resulting in a positive change of 13.19%.This indicates that the balance sheet and financial strength for Fulton Bank of New Jersey has held steady in recent periods. Deposit Growth In the past year, Fulton Bank of New Jersey has increased its total deposits by $1.07 billion, resulting in 61.61% 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 Fulton Bank of New Jersey 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. Fulton Bank of New Jersey has $3.4 billion in assets with $560.28 million in equity, resulting in a capitalization level of 16.46%, which is excellent.