New Millennium Bank
Fort Lee, NJ · Cert 35151 · Peer group: banks under $1B in assets in the New York-Newark-Jersey City, NY-NJ area (n=30-31) · NMB Financial Corp.
State charter, non-member · FDIC · 9 branches
Q2 2026
$899.1MAssets
$783.2MLoans
$761.7MDeposits
$131.3MEquity
Executive Summary
- Strongest standing: efficiency ratio outperforms 94% of banks under $1B in assets in the New York-Newark-Jersey City, NY-NJ area (rank 3 of 31).
- Widest gap: net charge-offs / loans trails 57% of banks under $1B in assets in the New York-Newark-Jersey City, NY-NJ area (rank 18 of 30).
- Overall: at or above the peer median on 7 of 9 directional measures.
Return on Assets
1.35%
Rank 4 of 31
Net Interest Margin
3.46%
Rank 14 of 31
Efficiency Ratio
49.48%
Rank 3 of 31
Equity / Assets
14.61%
Rank 11 of 31
Non-interest income vs. expense
Unfavorable gap of $13.8M · efficiency ratio beats 94% of banks under $1B in assets in the New York-Newark-Jersey City, NY-NJ area | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|
| Earnings |
| Return on Assets | 1.35% | -0.02% | 0.39% | 0.84% | Beats 87% | 4 / 31 | |
| Return on Equity | 9.23% | -0.19% | 2.57% | 5.72% | Beats 90% | 3 / 31 | |
| Net Interest Margin | 3.46% | 2.51% | 3.30% | 3.85% | Beats 55% | 14 / 31 | |
| Efficiency Ratio | 49.48% | 68.41% | 83.66% | 91.76% | Beats 94% | 3 / 31 | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.58% | 0.18% | 0.47% | 2.65% | Beats 43% | 18 / 30 | |
| Net Charge-Offs / Loans | 0.00% | n/a | n/a | 0.02% | Beats 43% | 18 / 30 | |
| Capital |
| Tier 1 Capital Ratio | 21.34% | 13.24% | 15.54% | 26.77% | Beats 65% | 11 / 31 | |
| Total Risk-Based Capital Ratio | 22.59% | 14.07% | 16.32% | 26.77% | Beats 65% | 11 / 31 | |
| Equity / Assets | 14.61% | 10.38% | 13.26% | 17.83% | Beats 65% | 11 / 31 | |
| Liquidity & Funding |
| Loans / Deposits | 102.83% | 84.03% | 94.98% | 103.65% | 71st pctl | 9 / 31 | |
| Loans / Assets | 87.11% | 61.61% | 75.31% | 83.78% | 94th pctl | 2 / 31 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |