1st Bank of Sea Isle City
Sea Isle City, New Jersey · FDIC Cert #30367
1st Bank of Sea Isle City is an FDIC-insured bank (Certificate #30367) with $307M in total assets and $217M in total deposits as of the Q2 2024 Call Report. Headquartered in Sea Isle City, New Jersey, the bank maintains a Tier 1 capital ratio of 15.74% (Well-Capitalized) and a nonperforming loan ratio of 0.22%. BankHealthData assigns a composite Health Grade of B (76/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
1st Bank of Sea Isle City (FDIC cert 30367) is a community bank — $307M in total assets, $217M in deposits, serving the Sea Isle City, New Jersey area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 15.74% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is clean: non-performing loan ratio of 0.22% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is in the normal range: 16.6% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is negative: ROA of -0.28% means the bank lost money during the reporting period. Sustained negative ROA erodes capital and triggers escalating regulatory attention. Health-score trend is declining materially over the most recent quarters. Declining trends warrant attention — banks in this pattern often face follow-on regulatory engagement and elevated supervisory scrutiny. 1st Bank of Sea Isle City carries a composite BankHealth grade of B (76/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: 1st Bank of Sea Isle City
- Total Assets
- $307M
- Total Deposits
- $217M
- Tier 1 Capital Ratio
- 15.74%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.22%
- Liquidity Ratio
- 16.56%
- Return on Assets
- -0.28%
- Headquarters
- Sea Isle City, New Jersey
- FDIC Certificate
- #30367
- Health Grade
- B (76/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, 1st Bank of Sea Isle City holds a Tier 1 capital ratio of 15.74%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning 1st Bank of Sea Isle City has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
1st Bank of Sea Isle City shows strong financial health indicators. With $307M in assets and a Health Score of 76/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How 1st Bank of Sea Isle City Compares
1st Bank of Sea Isle City’s Health Score of 76 is 4 points above the New Jersey state average of 72 across 48 FDIC-insured banks. Its 15.74% Tier 1 capital ratio is 1.7 points above the US banking industry average near 14%. The 0.22% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of -0.28% is below the national ROA benchmark of ~1.1%. Among 1598 similarly-sized banks, the average Health Score is 69, meaning this bank ranks above its size cohort. Site-wide, 1st Bank of Sea Isle City is 6 points above the portfolio average of 70.
Frequently Asked Questions
1st Bank of Sea Isle City has a Bank Health Score of B (76/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 15.74%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. 1st Bank of Sea Isle City's Tier 1 capital ratio of 15.74% and nonperforming loan ratio of 0.22% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at 1st Bank of Sea Isle City is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #30367). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
1st Bank of Sea Isle City holds $307M in total assets and $217M in total deposits. It is headquartered in Sea Isle City, New Jersey (FDIC Certificate #30367).
1st Bank of Sea Isle City has a Tier 1 capital ratio of 15.74%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.22%, and the return on assets is -0.28%.
Yes. 1st Bank of Sea Isle City is FDIC-insured (Certificate #30367). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
1st Bank of Sea Isle City's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.