1st Colonial National Bank in Collingswood, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • 1st Colonial National Bank in Collingswood, New Jersey (NJ)
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1st Colonial National Bank - Overview

  • General
  • FDIC Certificate #: 35456
    Status: Active
    Federal Reserve ID: 2920773
    Bank Holding Company (Regulatory Top Holder): 1st Colonial Bancorp, Inc. (RSSDID: 3118513, Location: Collingswood, NJ)
    Date Established: June 29, 2000
    WWW: http://www.1stcolonial.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 80234
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: June 29, 2000
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1040 Haddon Avenue, Collingswood, NJ 8108
    County: Camden
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Jamesburg
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Philadelphia, PA-NJ (#6160)
    Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77)
    Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428)
    Core Based Statistical Area (CBSA): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    Core Based Statistical Division: Camden, NJ (#15804)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $290.6 mil
    Equity capital: $23.8 mil
    Deposits held in domestic offices: $257.2 mil
    Return on assets (ROA): 0.27% ($0.8 mil)
    Quarterly return on assets: 0.19% ($0.6 mil)
    Return on Equity (ROE): 3.29% ($0.8 mil)
    Quarterly return on equity: 2.26% ($0.5 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.28% ($813.6 mil)
    Quarterly Pretax return on assets: 0.10% ($290.6 mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 44Total employees (full-time equivalent)
  • $290,589Total assets
  • $9,555Cash and due from depository institutions
  • $3,960Interest-bearing balances
  • $94,468Securities
  • $5Federal funds sold & reverse repurchase agreements
  • $173,811Net loans & leases
  • $2,864Loan loss allowance
  • $0Trading account assets
  • $1,868Bank premises and fixed assets
  • $1,240Other real estate owned
  • $0Goodwill and other intangibles
  • $290,590Life insurance assets
  • $9,642All other assets
  • $266,802Total liabilities and capital
  • $257,245Total liabilities
  • $218,785Total deposits
  • $257,245Interest-bearing deposits
  • $60Deposits held in domestic offices
  • 9060.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $497Subordinated debt
  • $23,788All other liabilities
  • $23,788Total equity capital
  • $23,788Total bank equity capital
  • $0Perpetual preferred stock
  • $1,025Common stock
  • $15,850Surplus
  • $6,913Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $3,409Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,005Income earned, not collected on loans
  • $0Earning assets
  • $1,039Long-term assets (5+ years)
  • $272,244Average Assets, year-to-date
  • $90,679Average Assets, quarterly
  • $279,314Volatile liabilities
  • $285,924Insider loans
  • $179,893FHLB advances
  • $291,054Loans and leases held for sale
  • $5,734Unused loan commitments
  • $4,648Tier 1 (core) risk-based capital
  • $23,005Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,086Total unused commitments
  • $24,278Restructured Loans and leases
  • $444Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,349Total interest income
  • $2,318Total interest expense
  • $9,031Net interest income
  • $2,475Provision for loan and lease losses
  • $1,519Total noninterest income
  • $0Fiduciary activities
  • $233Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,286Additional noninterest income
  • $7,298Total noninterest expense
  • $3,611Salaries and employee benefits
  • $908Premises and equipment expense
  • $2,779Additional noninterest expense
  • $777Pre-tax net operating income
  • $0Securities gains (losses)
  • $12Applicable income taxes
  • $765Income before extraordinary items
  • $0Extraordinary gains - net
  • $765Net income attributable to bank
  • $0Net charge-offs
  • $765Cash dividends
  • $3,175Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.35%Yield on earning assets
  • 0.89%Cost of funding earning assets
  • 3.46%Net interest margin
  • 0.58%Noninterest income to earning assets
  • 2.80%Noninterest expense to earning assets
  • 0.27%Net operating income to assets
  • 0.27%Return on assets (ROA)
  • 0.28%Pretax return on assets
  • 3.29%Return on equity (ROE)
  • 3.29%Retained earnings to average equity (YTD only)
  • 1.79%Net charge-offs to loans
  • 77.95%Credit loss provision to net charge-offs
  • 1.02%Efficiency ratio
  • 69,175Assets per employee
  • 6.60%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.62%Loss allowance to noncurrent loans
  • 95.31%Noncurrent assets plus other real estate owned to assets
  • 1.46%Noncurrent loans to loans
  • 1.70%Net loans and leases to deposits
  • 67.57%Net loans and leases to core deposits
  • 70.28%Equity capital to assets
  • 8.19%Core capital (leverage) ratio
  • 7.90%Tier 1 risk-based capital ratio
  • 12.79%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $279,314Average earning assets
  • $23,274Average equity
  • $260,677Average loans

List of branches

  • 4 New Jersey Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0802341st Colonial National Bank1040 Haddon Avenue, Collingswood, NJ 8108June 29, 2000Full Service Brick and Mortar
    1366219Westville Branch321 Broadway, Westville, NJ 8093January 17, 2003Full Service Brick and Mortar
    24229911st Colonial Messenger Branch1040 Haddon Avenue, Camden, NJ 8103August 04, 2003Limited Service Messenger
    3451394Cinnaminson Branch2802 Route 130 North, Cinnaminson, NJ 8077September 06, 2005Full Service Brick and Mortar

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