First Bank
Hamilton, New Jersey, Mercer County
$4.1B in total assets, the 338th largest of 4,309 US banks and 9th of 50 headquartered in New Jersey.
- FDIC certificate
- 58481
- Established
- 2007
- Owned by
- No holding company
- Primary regulator
- FDIC
- Website
- www.myfirstbank.com
At a glance
Compared with 18 banks headquartered in New Jersey with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $4.1B | 83% | $2.7B | |
| Loans | $3.4B | 83% | $1.9B | |
| Deposits | $3.3B | 83% | $2.3B | |
| Return on assets | 1.06% | 61% | 0.76% | |
| Net interest margin | 3.70% | 72% | 3.21% | |
| Efficiency ratio | 54.9% | 29% | 64.2% | |
| Equity to assets | 11.09% | 44% | 11.64% | |
| Loans to deposits | 101% | 61% | 97% |
Growth
Total assets grew 10.8% a year over the last 5 years and 15.5% a year over 10 years, including 4 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Jul 2023 | Malvern Bank N.A. Paoli, PA | $970M |
| Sep 2019 | Grand Bank, National Association Hamilton, NJ | $200M |
| Apr 2018 | Delanco Federal Savings Bank Delanco, NJ | $124M |
| Sep 2017 | Bucks County Bank Doylestown, PA | $212M |
| Mar 2014 | Heritage Community Bank Randolph, NJ | $135M |
Where they operate
26 branches in 14 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Mercer County, NJ | $1.2B | 5.6% | 6 of 22 |
| Morris County, NJ | $437M | 1.5% | 16 of 28 |
| Chester County, PA | $431M | 2.6% | 13 of 29 |
| Bucks County, PA | $198M | 0.8% | 24 of 28 |
| Somerset County, NJ | $159M | 1.0% | 13 of 20 |
| Hunterdon County, NJ | $153M | 2.5% | 11 of 14 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 17 branches since 2016 (9 to 26, +188.9%). 12 opened, 16 acquired, 11 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 9 | |||
| 2016 | Opened Flemington | 1 | 0 | +1 | 10 |
| 2017 | Acquired Bucks County Bank | 4 | 0 | +4 | 14 |
| 2018 | Acquired Delanco Federal Savings BankOpened Pennington and West Chester, closed Bensalem | 4 | 1 | +3 | 17 |
| 2019 | Acquired Grand Bank, National AssociationClosed Levittown | 2 | 1 | +1 | 18 |
| 2021 | Closed Hamilton | 0 | 2 | −2 | 16 |
| 2022 | Opened Flemington and Monroe Township | 2 | 0 | +2 | 18 |
| 2023 | Acquired Malvern Bank N.A.Opened Fairfield and West Chester, closed Cranbury and West Chester | 10 | 2 | +8 | 26 |
| 2024 | Opened MediaClosed Flemington and Glen Mills | 1 | 2 | −1 | 25 |
| 2025 | Opened 4 in 2 statesClosed 3 in 3 states | 4 | 3 | +1 | 26 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 56% | 32% | |
| Business (C&I) | 19% | 5% | |
| Multifamily | 8% | 17% | |
| 1-4 family residential | 6% | 25% | |
| Construction and land | 5% | 5% | |
| Consumer | 0% | 7% | |
| Other | 5% | 9% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 54% | 54% | |
| Time deposits | 27% | 31% | |
| Noninterest-bearing | 18% | 15% |
Brokered deposits are 10.4% of deposits (peers 7.1%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.86% | 0.61% |
| Net charge-offs, annualized | 0.40% | 0.01% |
| Reserves to loans | 1.38% | 0.91% |
| Leverage ratio | 10.17% | 11.26% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in New Jersey
Largest competitors in Mercer County, NJ
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/first-bank-hamilton-nj