Two River Community Bank is headquartered in Middletown and is the 26th largest bank in the state of New Jersey. It is also the 693rd largest bank in the nation. It was established in 2000 and as of March of 2019, it had grown to 159 employees at 14 locations. Two River Community Bank has an A+ health rating.
The local bank I chose to work with originally was Two River Community bank. The workers in the institution were exceptional always helping me with all my needs, but as a millennial I do things mostly online. The mobile banking app was dreadful and I was not able to transfer funds freely. Now I am banking with PNC and their mobile support is much better. Their app is easy to use and I find that very important in my banking. Two River Bank is a local bank so it is difficult for them to compete with the large banks like Chase, PNC, and Wells Fargo. If they were able to implement a better mobile banking experience I'd be willing to give them another chance.
|FDIC Certificate #||35426|
|Return on Assets - YTD||1.04%|
|Return on Equity - YTD||9.2%|
|Annual Interest Income||$12.1MM|
|Assets and Liabilities|
|Assets||Q1 2019vs Q1 2018||$1.14B$1.04B|
|Loans||Q1 2019vs Q1 2018||$938.4MM$863.2MM|
|Deposits||Q1 2019vs Q1 2018||$963.5MM$874.0MM|
|Equity Capital||Q1 2019vs Q1 2018||$128.2MM$117.7MM|
|Loan Loss Allowance||Q1 2019vs Q1 2018||$11.6MM$11.0MM|
|Unbacked Noncurrent Loans||Q1 2019vs Q1 2018||$3.9MM$2.0MM|
|Real Estate Owned||Q1 2019vs Q1 2018||$585.00K$0|
Rates for Two River Community Bank are currently being reviewed.