Kearny Bank
Kearny, New Jersey · FDIC Cert #28765
Kearny Bank is an FDIC-insured bank (Certificate #28765) with $7.7B in total assets and $5.2B in total deposits as of the Q2 2024 Call Report. Headquartered in Kearny, New Jersey, the bank maintains a Tier 1 capital ratio of 13.65% (Well-Capitalized) and a nonperforming loan ratio of 0.69%. BankHealthData assigns a composite Health Grade of B (69/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Kearny Bank (FDIC cert 28765) is a mid-sized bank with $7.7B in total assets and $5.2B in deposits, based in Kearny, New Jersey. Mid-sized banks typically operate regionally with a mix of commercial and consumer lending.
Capital position is strong: Tier 1 capital ratio of 13.65% 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 normal: non-performing loan ratio of 0.69% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is in the normal range: 16.5% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is negative: ROA of -2.10% means the bank lost money during the reporting period. Sustained negative ROA erodes capital and triggers escalating regulatory attention. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. Kearny Bank carries a composite BankHealth grade of B (69/100) 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: Kearny Bank
- Total Assets
- $7.7B
- Total Deposits
- $5.2B
- Tier 1 Capital Ratio
- 13.65%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.69%
- Liquidity Ratio
- 16.46%
- Return on Assets
- -2.10%
- Headquarters
- Kearny, New Jersey
- FDIC Certificate
- #28765
- Health Grade
- B (69/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Kearny Bank holds a Tier 1 capital ratio of 13.65%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Kearny Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Kearny Bank shows strong financial health indicators. With $7.7B in assets and a Health Score of 69/100, 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 Kearny Bank Compares
Kearny Bank’s Health Score of 69 is 3 points below the New Jersey state average of 72 across 48 FDIC-insured banks. Its 13.65% Tier 1 capital ratio is 0.4 points below the US banking industry average near 14%. The 0.69% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of -2.10% is below the national ROA benchmark of ~1.1%. Among 207 similarly-sized banks, the average Health Score is 75, meaning this bank ranks below its size cohort. Site-wide, Kearny Bank is 1 points below the portfolio average of 70.
Frequently Asked Questions
Kearny Bank has a Bank Health Score of B (69/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 13.65%, 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. Kearny Bank's Tier 1 capital ratio of 13.65% and nonperforming loan ratio of 0.69% 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 Kearny Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #28765). 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.
Kearny Bank holds $7.7B in total assets and $5.2B in total deposits. It is headquartered in Kearny, New Jersey (FDIC Certificate #28765).
Kearny Bank has a Tier 1 capital ratio of 13.65%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.69%, and the return on assets is -2.10%.
Yes. Kearny Bank is FDIC-insured (Certificate #28765). 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%).
Kearny Bank'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.