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Two River Community Bank Receives Highest Rating on Independent Analysis on Capital Adequacy

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Two River Bancorp (Nasdaq:TRCB) (the "Company"), the parent company of Two River Community Bank ("the Bank"), has announced the Bank received the prestigious “5-Star Rating” from BauerFinancial, Inc., a leading independent bank and credit union rating and research firm, for the 22nd consecutive quarter. A five-star rating is the highest possible rating issued by BauerFinancial, Inc. and indicates the Bank excels in areas of capital adequacy, profitability, asset quality and more.

BauerFinancial, Inc. has been analyzing and reporting on the financial condition of the nation’s banking industry since 1983. Each bank and credit union is required to file a detailed financial report with federal regulators four times a year. BauerFinancial, Inc. obtains this data in its raw form directly from regulators. The quarterly data is subjected to a thorough analysis and is compared with historical data for consistency. Upon completion of the analysis, a star rating is assigned based on a scale of zero to five stars, with five stars being the strongest.

Like Bauer, regulators agree that smaller institutions “are often better positioned than larger institutions to understand and quantify local real estate market values since they serve a smaller, more defined market area” (Federal Register, June 9, 2018). “It makes perfect sense; local people who know the area are making local decisions based on that knowledge,” agrees Karen L. Dorway, President of BauerFinancial. “Community banks, like Two River Community Bank, are banking on a better future together with their community.”

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A variety of data points are used to determine BauerFinancial star ratings, including capital ratio, profitability/loss trend, evaluating the level of delinquent loans, charge offs and repossessed assets, the market versus book value of the investment portfolio, regulatory supervisory agreements, the community reinvestment rating (CRA), historical data and liquidity.

“Two River Community Bank’s longstanding five-star rating through BauerFinancial is a reflection of our positive and sustainable financial performance,” said William D. Moss, President and Chief Executive Officer of Two River Community Bank. “We are proud to maintain our spot in the top echelon of financial institutions in the country.”

About BauerFinancial, Inc.
BAUERFINANCIAL, Inc., Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution can pay for or opt out of a BauerFinancial rating. Star-ratings are all available for free at bauerfinancial.com.

About the Company 
Two River Bancorp is the holding company for Two River Community Bank, which is headquartered in Tinton Falls, New Jersey. Two River Community Bank operates 14 branches along with two loan production offices throughout Monmouth, Middlesex, Union, and Ocean Counties, New Jersey. More information about Two River Community Bank and Two River Bancorp is available at www.tworiverbank.com.

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