New Jersey · Q2 2026
Essex County, New Jersey
11% of Essex County deposits held by banks under $100B in assets sit in institutions above the regulatory CRE concentration threshold.
Counting institutions that are concentrated but do not meet the growth test, the share is 92%.
Rated on 37% of county deposits. The remainder sits in banks above the $100B threshold, which this report does not evaluate.
Hover or tap a county for its grade.
Banks behind this number
20 banks under $100B in assets with a branch here| Bank | Headquarters | Assets | Status | Criterion | Share of bank deposits here |
|---|---|---|---|---|---|
| Lusitania Savings Bank | Newark, NJ | $0.4B | Below | — | 68.3% |
| Crown Bank | Elizabeth, NJ | $0.6B | Below | — | 33.4% |
| Ascendia Bank | Glen Rock, NJ | $0.4B | Concentrated | 300%+, growth test not met | 32.0% |
| Somerset Regal Bank | Bound Brook, NJ | $1.2B | Below | — | 27.4% |
| Industrial Bank | Washington, DC | $0.8B | Below | — | 17.3% |
| First Commerce Bank | Lakewood, NJ | $2.0B | Concentrated | 300%+, growth test not met | 10.9% |
| Haven Savings Bank | Hoboken, NJ | $1.0B | Concentrated | 300%+, growth test not met | 10.0% |
| Spencer Savings Bank, SLA | Elmwood Park, NJ | $4.0B | Concentrated | 300%+, growth test not met | 7.0% |
| Provident Bank | Jersey City, NJ | $26B | Above threshold | C2 | 5.9% |
| Flagstar Bank, National Association | Hicksville, NY | $88B | Concentrated | 300%+, growth test not met | 5.9% |
| BCB Community Bank | Bayonne, NJ | $3.1B | Concentrated | 300%+, growth test not met | 5.4% |
| Valley National Bank | Passaic, NJ | $66B | Concentrated | 300%+, growth test not met | 5.0% |
| Columbia Bank | Fair Lawn, NJ | $12B | Concentrated | 300%+, growth test not met | 4.7% |
| ConnectOne Bank | Englewood Cliffs, NJ | $14B | Concentrated | 300%+, growth test not met | 4.6% |
| First Bank | Hamilton, NJ | $4.1B | Concentrated | 300%+, growth test not met | 4.1% |
| Kearny Bank | Kearny, NJ | $7.7B | Concentrated | 300%+, growth test not met | 3.9% |
| Blue Foundry Bank | Rutherford, NJ | $1.9B | Below | — | 3.8% |
| Bogota Savings Bank | Teaneck, NJ | $0.9B | Below | — | 2.4% |
| Popular Bank | New York, NY | $15B | Concentrated | 300%+, growth test not met | 2.1% |
| Israel Discount Bank of New York | New York, NY | $14B | Approaching | — | 1.1% |
- Newark, NJ$0.4B—68.3% of bank deposits
- Crown BankBelowElizabeth, NJ$0.6B—33.4% of bank deposits
- Ascendia BankConcentratedGlen Rock, NJ$0.4B300%+, growth test not met32.0% of bank deposits
- Somerset Regal BankBelowBound Brook, NJ$1.2B—27.4% of bank deposits
- Industrial BankBelowWashington, DC$0.8B—17.3% of bank deposits
- First Commerce BankConcentratedLakewood, NJ$2.0B300%+, growth test not met10.9% of bank deposits
- Haven Savings BankConcentratedHoboken, NJ$1.0B300%+, growth test not met10.0% of bank deposits
- Spencer Savings Bank, SLAConcentratedElmwood Park, NJ$4.0B300%+, growth test not met7.0% of bank deposits
- Provident BankAbove thresholdJersey City, NJ$26BC25.9% of bank deposits
- Flagstar Bank, National AssociationConcentratedHicksville, NY$88B300%+, growth test not met5.9% of bank deposits
- BCB Community BankConcentratedBayonne, NJ$3.1B300%+, growth test not met5.4% of bank deposits
- Valley National BankConcentratedPassaic, NJ$66B300%+, growth test not met5.0% of bank deposits
- Columbia BankConcentratedFair Lawn, NJ$12B300%+, growth test not met4.7% of bank deposits
- ConnectOne BankConcentratedEnglewood Cliffs, NJ$14B300%+, growth test not met4.6% of bank deposits
- First BankConcentratedHamilton, NJ$4.1B300%+, growth test not met4.1% of bank deposits
- Kearny BankConcentratedKearny, NJ$7.7B300%+, growth test not met3.9% of bank deposits
- Blue Foundry BankBelowRutherford, NJ$1.9B—3.8% of bank deposits
- Bogota Savings BankBelowTeaneck, NJ$0.9B—2.4% of bank deposits
- Popular BankConcentratedNew York, NY$15B300%+, growth test not met2.1% of bank deposits
- Israel Discount Bank of New YorkApproachingNew York, NY$14B—1.1% of bank deposits
A bank can meet more than one condition at once, so the county counts above the table add up to more than the number of banks. Each row shows the strongest condition that bank meets.
What this means
1 of the 20 banks under $100B in assets with a branch in Essex County is above a regulatory CRE concentration threshold, and it holds 11% of the county deposits this report covers. Another 12 carry commercial real estate above 300% of capital without meeting the three-year growth test, which is why the broader share is 92%. 2 more sit within one quarter of a threshold.
Coverage is 37%: the rest of the deposits in Essex County sit in banks above the $100B threshold, which this report does not evaluate. Concentration is exposure, not loss. A bank above a threshold is one the 2006 interagency guidance expects to hold more capital and document its underwriting, not one that has lost money. We tested whether counties in the top quartile of this score went on to deteriorate faster over the following eight quarters, and found no relationship. The backtest is published in full.
Concentration measures exposure, not loss. This is a map of exposure, not a forecast: our published backtest found no relationship between a county's score and subsequent deterioration.
Nothing on this page is investment advice.