Cenlar FSB: how it compares with its peers
Against 18 NJ banks with half to twice its assets, Cenlar FSB's strongest measure in Q2 2026 is net interest margin (2.87% vs. a 3.17% peer median). Its weakest relative measure is assets per employee ($496K vs. $10.5M).
| Measure | Cenlar FSB | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | -1.23% | 0.63% | Bottom third Ahead of 6% of peers |
| Net interest margin Annualized net interest income over earning assets. | 2.87% | 3.17% | Bottom third Ahead of 33% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 104.13% | 73.03% | Bottom third Ahead of 11% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $496K | $10.5M | Bottom third Ahead of 0% of peers |
| Loans to deposits Net loans and leases over total deposits. | 45.66% | 88.47% | Context |
What it means for lending operations
Its efficiency ratio of 104.13% is above the 73.03% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Hana Bank USA, National Association Fort Lee, NJ · $835M
- Freedom Bank Maywood, NJ · $838M
- Bogota Savings Bank Teaneck, NJ · $872M
- Newfield National Bank Newfield, NJ · $889M
- New Millennium Bank Fort Lee, NJ · $899M
- First Hope Bank, A National Banking Association Hope, NJ · $657M
Questions about Cenlar FSB
How big is Cenlar FSB?
Cenlar FSB, established in 1912, is headquartered in Ewing, NJ. It reported $782M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is Cenlar FSB's return on assets?
-1.23% annualized in Q2 2026, against a 0.63% median for 18 NJ banks with half to twice its assets, ahead of 6% of them.
What is Cenlar FSB's efficiency ratio?
104.13% in Q2 2026: it spent about 104 cents in noninterest expense for each dollar of revenue. The peer median is 73.03%, and lower is better.
Is Cenlar FSB growing its loans?
Net loans shrank 11.9% over the year to Q2 2026, while deposits shrank 6.3%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are NJ banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every New Jersey bank ranked.