New Jersey · Q2 2026
Somerset County, New Jersey
15% of Somerset 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 73%.
Rated on 28% 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
12 banks under $100B in assets with a branch here| Bank | Headquarters | Assets | Status | Criterion | Share of bank deposits here |
|---|---|---|---|---|---|
| Somerset Regal Bank | Bound Brook, NJ | $1.2B | Below | — | 42.8% |
| Peapack Private Bank & Trust | Bedminster, NJ | $8.0B | Concentrated | 300%+, growth test not met | 32.4% |
| Unity Bank | Clinton, NJ | $3.2B | Below | — | 16.4% |
| Magyar Bank | New Brunswick, NJ | $1.0B | Below | — | 14.5% |
| First Bank | Hamilton, NJ | $4.1B | Concentrated | 300%+, growth test not met | 8.5% |
| The Bank of Princeton | Princeton, NJ | $2.3B | Concentrated | 300%+, growth test not met | 5.1% |
| Provident Bank | Jersey City, NJ | $26B | Above threshold | C2 | 3.7% |
| Kearny Bank | Kearny, NJ | $7.7B | Concentrated | 300%+, growth test not met | 2.9% |
| Fulton Bank, National Association | Lancaster, PA | $33B | Below | — | 1.9% |
| Crown Bank | Elizabeth, NJ | $0.6B | Below | — | 1.1% |
| Valley National Bank | Passaic, NJ | $66B | Concentrated | 300%+, growth test not met | 1.0% |
| Columbia Bank | Fair Lawn, NJ | $12B | Concentrated | 300%+, growth test not met | 0.8% |
- Somerset Regal BankBelowBound Brook, NJ$1.2B—42.8% of bank deposits
- Peapack Private Bank & TrustConcentratedBedminster, NJ$8.0B300%+, growth test not met32.4% of bank deposits
- Unity BankBelowClinton, NJ$3.2B—16.4% of bank deposits
- Magyar BankBelowNew Brunswick, NJ$1.0B—14.5% of bank deposits
- First BankConcentratedHamilton, NJ$4.1B300%+, growth test not met8.5% of bank deposits
- The Bank of PrincetonConcentratedPrinceton, NJ$2.3B300%+, growth test not met5.1% of bank deposits
- Provident BankAbove thresholdJersey City, NJ$26BC23.7% of bank deposits
- Kearny BankConcentratedKearny, NJ$7.7B300%+, growth test not met2.9% of bank deposits
- Lancaster, PA$33B—1.9% of bank deposits
- Crown BankBelowElizabeth, NJ$0.6B—1.1% of bank deposits
- Valley National BankConcentratedPassaic, NJ$66B300%+, growth test not met1.0% of bank deposits
- Columbia BankConcentratedFair Lawn, NJ$12B300%+, growth test not met0.8% 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 12 banks under $100B in assets with a branch in Somerset County is above a regulatory CRE concentration threshold, and it holds 15% of the county deposits this report covers. Another 6 carry commercial real estate above 300% of capital without meeting the three-year growth test, which is why the broader share is 73%.
Coverage is 28%: the rest of the deposits in Somerset 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.