Somerset Regal Bank
Bound Brook, NJ
IDRSSD: 159971
Total Assets
$1.11B
Latest filing
Total Deposits
$872.25M
Latest filing
Net Interest Margin
3.02%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Somerset Regal Bank
220 W Union Ave
Bound Brook, NJ 08805
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1887FDIC Certificate 41612
Branches (13)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| Somerset Regal Bank (Main) | 220 W Union Ave | Bound Brook, NJ |
| SOMERVILLE | 64 W End Ave | Somerville, NJ |
| RARITAN | 802 Somerset Street | Raritan, NJ |
| MIDDLESEX | 1305 Bound Brook Rd | Middlesex, NJ |
| WHITEHOUSE BRANCH | 410 Us 22 | Whitehouse Station, NJ |
| FLEMINGTON | 141 Broad St | Flemington, NJ |
| MANVILLE BRANCH | 41 S Main St | Manville, NJ |
| FRANKLIN TOWNSHIP BRANCH | 464 Elizabeth Ave | Somerset, NJ |
Showing 7 of 13
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 01/01/1887 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 08805 |
| State and County Number | 34035 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 02 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | New York |
| Core Based Statistical Area Name | New York-Newark-Jersey City, NY-NJ-PA |
Operational Info
| Number of Employees | 120 |
| Domestic Offices | 14 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 09/19/2023 |
| Date of Deposit Insurance | 08/09/1989 |
| Primary Insurance Agency | DIF |
| Website | www.somersetregalbank.com |
| Data Updated | 11/14/2025 |
| CERT | 28778 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $1.11B |
| Total Deposits | $872.25M |
| Total Liabilities | $920.34M |
| Total Equity Capital | $189.49M |
| Net Income | $2.12M |
| Net Loans and Leases | $826.37M |
| Assets Per Employee ($Millions) | $9.1M |
| Bank Premises and Fixed Assets | $7.72M |
| Cash and Balances due from Depository Institutions | $58.30M |
| Deposits Held in Domestic Offices | $872.25M |
Key Performance Ratios
| Return on Assets (ROA) | 0.77% |
| Return on Equity (ROE) | 4.5% |
| Net Interest Margin | 3.02% |
| Efficiency Ratio | 69.56% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.12% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 17.074% |
| Earning Assets to total Assets | 91.77% |
Income and Expense
| Total Interest Income | $11.94M |
| Total Noninterest Income | $2.07M |
| Total Interest Expense | $4.34M |
| Total Noninterest Expense | $7.04M |
| Net Interest Income | $7.59M |
| Pre-tax Net Operating Income | $2.29M |
| Provision for Credit Losses | $334.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $35.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $13.10M |
| Total Liabilities and Capital | $1.11B |
Securities
| Securities | $138.27M |
| Available-for-sale debt securities | $0 |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $138.23M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Somerset Regal Bank?
$1.11B as of the latest filing.
How much are Somerset Regal Bank's total deposits?
$872.25M in total deposits.
Where is Somerset Regal Bank located?
Bound Brook, NJ.
What is the Net Interest Margin?
3.02%.
How many domestic offices does it operate?
14.
When was it established?
01/01/1887.
What is the Return on Assets (ROA)?
0.77%.
How much are total loans and leases?
$826.37M (latest filing).
What is the total interest income (latest filing)?
$11.94M.