Bank of New Jersey

Bank of New Jersey

Overview / Commentary
1365 Palisade Avenue
Fort Lee, NJ 07024

Bank of New Jersey is headquartered in Fort Lee and is the 30th largest bank in the state of New Jersey. It is also the 858th largest bank in the nation. It was established in 2006 and as of June of 2019, it had grown to 84 employees at 9 locations. Bank of New Jersey has an A health rating.

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Health Grade Components

FDIC Certificate #58175
Year Established2006
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.64%
Return on Equity - YTD6.33%
Annual Interest Income$19.1MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$924.7MM$873.5MM
LoansQ2 2019vs Q2 2018$773.0MM$732.0MM
DepositsQ2 2019vs Q2 2018$762.0MM$755.0MM
Equity CapitalQ2 2019vs Q2 2018$95.5MM$85.9MM
Loan Loss AllowanceQ2 2019vs Q2 2018$8.5MM$8.2MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$9.9MM$14.7MM
Real Estate OwnedQ2 2019vs Q2 2018$1.4MM$0

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Bank of New Jersey Locations
Englewood Branch104 Grand AvenueEnglewood, NJ 07631
Bank Of New Jersey1365 Palisade AvenueFort Lee, NJ 07024
Main Street Branch204 Main StFort Lee, NJ 07024
Haworth Branch320 Haworth AvenueHaworth, NJ 07641
Cliffside Park Branch354 Palisade AvenueCliffside Park, NJ 07010
Hackensack Branch401 Hackensack AvenueHackensack, NJ 07601
West Street Office458 West StreetFort Lee, NJ 07024
Woodcliff Lake Branch585 Chestnut Ridge RoadWoodcliff Lake, NJ 07677
Englewood Cliffs Branch750 East Palisade AvenueEnglewood Cliffs, NJ 07632

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