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Two River Community Bank Maintains Top Rating on Independent Analysis of Capital Adequacy, Profitability and Asset Quality for Sixth Consecutive Year

TINTON FALLS, N.J., Jan. 10, 2019 (GLOBE NEWSWIRE) -- Two River Bancorp (TRCB) (the "Company"), the parent company of Two River Community Bank ("the Bank"), has announced the Bank concluded 2018 with the prestigious “5-Star Rating” from BauerFinancial, Inc., a leading independent bank and credit union rating and research firm. This marks the twenty-fourth consecutive quarter Two River Community Bank has achieved a Five-Star Rating, which is the highest possible rating issued by BauerFinancial, Inc.

“Two River Community Bank’s ability to excel and consistently deliver a stellar financial performance, is a true testament to its values and dedication,” remarks Karen Dorway, president of BauerFinancial. “Through an unwavering commitment to its customers and personal relationships, Two River Community Bank has distinguished itself as one of the strongest banks in the nation.”

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.

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 Five-Star Rating indicates the Bank excels in areas of capital adequacy, profitability, asset quality and more.

“Two River Community Bank is proud to reach six consecutive years of Five-Star Ratings based on BauerFinancial’s analysis, which reflects solid and enduring performance in all areas of the Bank,” said William D. Moss, Chairman, President and Chief Executive Officer of Two River Community Bank. “The assessment provides affirmation we have established a strong foundation for sustainable growth.”

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 13 branches along with two loan production offices throughout Monmouth, Union, and Ocean Counties, New Jersey. More information about Two River Community Bank and Two River Bancorp is available at www.tworiver.bank.

Investor Contact:
Adam Prior, Senior Vice President
The Equity Group Inc.
Phone: (212) 836-9606
E-mail: aprior@equityny.com

Media Contact:
Adam Cadmus, Marketing Director
Phone: (732) 982-2167
Email: acadmus@tworiverbank.com