Two River Community Bank in Middletown, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches


Two River Community Bank - Overview

  • General
  • FDIC Certificate #: 35426
    Status: Active
    Federal Reserve ID: 2888789
    Bank Holding Company (Regulatory Top Holder): Community Partners Bancorp (RSSDID: 3395668, Location: Middletown, NJ)
    Date Established: Febuary 28, 2000
    WWW: http://www.tworiverbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 16 (Domestic: 16, Interstate: No)
    FDIC's unique #: 80022
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: Febuary 28, 2000
    Last Structure Change Effective Date: December 31, 2008
    Last Structure Change Process Date: January 22, 2009
    Last Data Update: January 22, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 1250 Highway 35, South, Middletown, NJ 7748
    County: Monmouth
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Jamesburg
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Monmouth-Ocean, NJ (#5190)
    Consolidated Metropolitan Statistical Area (CMSA): New York-Northern New Jersey-Long Island, NY-NJ-CT-PA (#70)
    Combined Statistical Area (CSA): New York-Newark-Bridgeport, NY-NJ-CT-PA (#408)
    Core Based Statistical Area (CBSA): New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620)
    CBSA Metro Statistical Area: New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620)
    Core Based Statistical Division: Edison-New Brunswick, NJ (#20764)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $674.5 mil
    Equity capital: $87.0 mil
    Deposits held in domestic offices: $555.1 mil
    Return on assets (ROA): 0.67% ($4.5 mil)
    Quarterly return on assets: 0.74% ($5.0 mil)
    Return on Equity (ROE): 5.35% ($4.7 mil)
    Quarterly return on equity: 5.74% ($5.0 mil)
    Net income: $4.5 mil
    Quarterly Net income: $1.2 mil
    Pretax return on assets: 1.06% ($7,149.9 mil)
    Quarterly Pretax return on assets: 1.17% ($7,891.8 mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 138Total employees (full-time equivalent)
  • $674,515Total assets
  • $38,022Cash and due from depository institutions
  • $30,425Interest-bearing balances
  • $61,217Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $522,820Net loans & leases
  • $7,310Loan loss allowance
  • $0Trading account assets
  • $3,595Bank premises and fixed assets
  • $7,765Other real estate owned
  • $18,540Goodwill and other intangibles
  • $674,515Life insurance assets
  • $22,556All other assets
  • $587,484Total liabilities and capital
  • $555,139Total liabilities
  • $465,702Total deposits
  • $555,139Interest-bearing deposits
  • $84Deposits held in domestic offices
  • 16218.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $13,500Trading liabilities
  • $0Other borrowed funds
  • $2,627Subordinated debt
  • $87,031All other liabilities
  • $87,031Total equity capital
  • $87,031Total bank equity capital
  • $0Perpetual preferred stock
  • $20,157Common stock
  • $56,943Surplus
  • $9,931Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,260Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,240Income earned, not collected on loans
  • $0Earning assets
  • $2,279Long-term assets (5+ years)
  • $614,462Average Assets, year-to-date
  • $209,595Average Assets, quarterly
  • $661,241Volatile liabilities
  • $669,929Insider loans
  • $568,717FHLB advances
  • $657,601Loans and leases held for sale
  • $12,998Unused loan commitments
  • $2,142Tier 1 (core) risk-based capital
  • $68,229Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $10,856Total unused commitments
  • $156,205Restructured Loans and leases
  • $18,892Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $31,046Total interest income
  • $5,238Total interest expense
  • $25,808Net interest income
  • $2,205Provision for loan and lease losses
  • $2,401Total noninterest income
  • $0Fiduciary activities
  • $536Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,865Additional noninterest income
  • $19,322Total noninterest expense
  • $10,386Salaries and employee benefits
  • $3,205Premises and equipment expense
  • $5,731Additional noninterest expense
  • $6,682Pre-tax net operating income
  • $324Securities gains (losses)
  • $2,544Applicable income taxes
  • $4,462Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,462Net income attributable to bank
  • $0Net charge-offs
  • $4,462Cash dividends
  • $1,141Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.15%Yield on earning assets
  • 0.87%Cost of funding earning assets
  • 4.28%Net interest margin
  • 0.40%Noninterest income to earning assets
  • 3.20%Noninterest expense to earning assets
  • 0.64%Net operating income to assets
  • 0.67%Return on assets (ROA)
  • 1.06%Pretax return on assets
  • 5.35%Return on equity (ROE)
  • 5.35%Retained earnings to average equity (YTD only)
  • 0.22%Net charge-offs to loans
  • 193.25%Credit loss provision to net charge-offs
  • 7.79%Efficiency ratio
  • 67,783Assets per employee
  • 4.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.38%Loss allowance to noncurrent loans
  • 139.50%Noncurrent assets plus other real estate owned to assets
  • 1.93%Noncurrent loans to loans
  • 0.99%Net loans and leases to deposits
  • 94.18%Net loans and leases to core deposits
  • 97.93%Equity capital to assets
  • 12.90%Core capital (leverage) ratio
  • 10.38%Tier 1 risk-based capital ratio
  • 12.00%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $661,241Average earning assets
  • $83,351Average equity
  • $603,343Average loans

List of branches

  • 16 New Jersey Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    080022Two River Community Bank1250 Highway 35, South, Middletown, NJ 7748Febuary 28, 2000Full Service Brick and Mortar
    1363141Tinton Falls Branch656 Shrewsbury Avenue, Shrewsbury, NJ 7702August 21, 2000Full Service Brick and Mortar
    2363142Port Monmouth Office Branch357 Highwa Y 36 West, Port Monmouth, NJ 7758June 22, 2001Full Service Brick and Mortar
    3364243Atlantic Highlands Branch84 First Avenue, Atlantic Highlands, NJ 7716May 31, 2002Full Service Brick and Mortar
    4365593Red Bank Branch89 West Front Street, Red Bank, NJ 7701November 12, 2002Full Service Brick and Mortar
    5424295Monmouth Road Branch359 Monmouth Road, West Long Branch, NJ 7764December 23, 2003Full Service Brick and Mortar
    7426569Allaire Airport - 229 Airport Road B229 Airport Road, Building 13, Farmingdale, NJ 7727Febuary 17, 2004Full Service Brick and Mortar
    8439379Cliffwood Branch500-502 Angel Street, Cliffwood, NJ 7721October 30, 2004Full Service Brick and Mortar
    9444554Eastpointe Shopping Plaza, 2345 Highway 362345 Highway 36, Atlantic Highlands, NJ 7716September 19, 2005Full Service Brick and Mortar
    10455829Tinton Falls Office4050 Asbury Avenue, Tinton Falls, NJ 7753October 16, 2006Full Service Brick and Mortar
    11479002Manasquan Office Branch240 Parker Road, Manasquan, NJ 8736June 23, 2008Full Service Brick and Mortar
    1261032South Avenue Branch520 South Avenue, Westfield, NJ 7090October 05, 1998Full Service Brick and Mortar
    13360114Elm Street Branch44 Elm Street, Westfield, NJ 7090April 24, 2001Full Service Brick and Mortar
    14469422Walnut Avenue Branch104 Walnut Avenue, Cranford, NJ 7016November 13, 2007Full Service Brick and Mortar
    15473585Fanwood Branch328 South Avenue, Fanwood, NJ 7023March 13, 2008Full Service Brick and Mortar
    16491183Middletown Messenger Service1250 Route 35, Middletown, NJ 7748January 28, 2008Limited Service Messenger

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