Kearny Bank
Kearny, New Jersey, Hudson County
$7.7B in total assets, the 210th largest of 4,309 US banks and 8th of 50 headquartered in New Jersey.
- FDIC certificate
- 28765
- Established
- 1884
- Owned by
- Kearny Financial Corp
- Primary regulator
- FDIC
- Website
- www.kearnybank.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 | $7.7B | 89% | $2.7B | |
| Loans | $5.9B | 89% | $1.9B | |
| Deposits | $5.7B | 89% | $2.3B | |
| Return on assets | 0.48% | 28% | 0.79% | |
| Net interest margin | 2.28% | 11% | 3.28% | |
| Efficiency ratio | 71.7% | 76% | 63.1% | |
| Equity to assets | 9.41% | 28% | 11.64% | |
| Loans to deposits | 103% | 67% | 97% |
Growth
Total assets grew 1.1% a year over the last 5 years and 5.5% a year over 10 years, including 2 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Jul 2020 | Millington Bank Millington, NJ | $609M |
| Apr 2018 | Clifton Savings Bank Clifton, NJ | $1.7B |
| Jun 2014 | Atlas Bank Brooklyn, NY | $116M |
| Nov 2010 | Central Jersey Bank, National Association Oakhurst, NJ | $590M |
| Jul 2003 | West Essex Bank, FSB Caldwell, NJ | $369M |
| Oct 2002 | Pulaski Savings Bank Springfield, NJ | $287M |
| Mar 1999 | South Bergen Savings Bank Wood-Ridge, NJ | $302M |
Where they operate
40 branches in 12 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Hudson County, NJ | $1.6B | 3.2% | 5 of 29 |
| Bergen County, NJ | $1.1B | 1.6% | 14 of 45 |
| Monmouth County, NJ | $808M | 2.6% | 12 of 23 |
| Ocean County, NJ | $554M | 2.3% | 12 of 22 |
| Morris County, NJ | $548M | 1.9% | 11 of 28 |
| Passaic County, NJ | $370M | 1.4% | 9 of 19 |
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 loss of 2 branches since 2016 (42 to 40, −4.8%). 8 opened, 15 acquired, 25 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 42 | |||
| 2018 | Acquired Clifton Savings Bank | 12 | 0 | +12 | 54 |
| 2019 | Opened 3 in 2 statesClosed 7 in New Jersey | 3 | 7 | −4 | 50 |
| 2020 | Acquired Millington BankOpened 4 in 2 states, closed 7 in 2 states | 7 | 7 | 0 | 50 |
| 2021 | Closed 4 in New Jersey | 0 | 4 | −4 | 46 |
| 2022 | Opened SpringfieldClosed Springfield | 1 | 1 | 0 | 46 |
| 2023 | Closed 3 in New Jersey | 0 | 3 | −3 | 43 |
| 2025 | Closed 3 in New Jersey | 0 | 3 | −3 | 40 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Multifamily | 42% | 15% | |
| 1-4 family residential | 32% | 24% | |
| Commercial real estate | 17% | 35% | |
| Construction and land | 4% | 5% | |
| Business (C&I) | 4% | 6% | |
| Consumer | 0% | 7% | |
| Other | 0% | 9% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 52% | 54% | |
| Time deposits | 34% | 31% | |
| Noninterest-bearing | 14% | 15% |
Brokered deposits are 13.2% of deposits (peers 6.9%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.81% | 0.61% |
| Net charge-offs, annualized | 0.02% | 0.01% |
| Reserves to loans | 0.77% | 0.98% |
| Leverage ratio | 8.83% | 11.26% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in New Jersey
Largest competitors in Hudson 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/kearny