Amboy Bank in Old Bridge, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Amboy Bank in Old Bridge, New Jersey (NJ)
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Amboy Bank - Overview

  • General
  • FDIC Certificate #: 6423
    Status: Active
    Federal Reserve ID: 9807
    Bank Holding Company (Regulatory Top Holder): Amboy Bancorporation (RSSDID: 2611718, Location: Old Bridge, NJ)
    Date Established: May 12, 1888
    WWW: http://www.amboybank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 23 (Domestic: 23, Interstate: No)
    OTS Docket #: 9315
    FDIC's unique #: 4305
    Numeric code: 13
    Regulator: FED
    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: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 02, 2010
    Last Structure Change Process Date: June 02, 2010
    Last Data Update: June 02, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 3590 Ushwy 9 South, Old Bridge, NJ 8857
    County: Middlesex
    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): Middlesex-Somerset-Hunterdon, NJ (#5015)
    Consolidated Metropolitan Statistical Area (CMSA): New York-Northern New Jersey-Long Island, NY-NJ-CT-PA (#70)
    Combined Statistical Area (CSA): New York-Newark-Bridgeport, NY-NJ-CT-PA (#408)
    Core Based Statistical Area (CBSA): New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620)
    CBSA Metro Statistical Area: New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620)
    Core Based Statistical Division: Edison-New Brunswick, NJ (#20764)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $2,329.0 mil
    Equity capital: $220.5 mil
    Deposits held in domestic offices: $1,766.2 mil
    Return on assets (ROA): 0.04% ($0.9 mil)
    Quarterly return on assets: -0.58% (-$13.5 mil)
    Return on Equity (ROE): 0.46% ($1.0 mil)
    Quarterly return on equity: -6.05% (-$13.4 mil)
    Net income: $1.0 mil
    Quarterly Net income: -$3.3 mil
    Pretax return on assets: 0.04% ($931.6 mil)
    Quarterly Pretax return on assets: -0.58% (-$13,508.3 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ 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
  • 244Total employees (full-time equivalent)
  • $2,329,019Total assets
  • $170,559Cash and due from depository institutions
  • $152,726Interest-bearing balances
  • $493,723Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,387,876Net loans & leases
  • $54,515Loan loss allowance
  • $0Trading account assets
  • $8,760Bank premises and fixed assets
  • $146,271Other real estate owned
  • $0Goodwill and other intangibles
  • $2,329,019Life insurance assets
  • $121,830All other assets
  • $2,108,506Total liabilities and capital
  • $1,766,226Total liabilities
  • $1,720,295Total deposits
  • $1,766,226Interest-bearing deposits
  • $84Deposits held in domestic offices
  • 43188.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $285,999Trading liabilities
  • $0Other borrowed funds
  • $13,093Subordinated debt
  • $220,513All other liabilities
  • $220,513Total equity capital
  • $220,513Total bank equity capital
  • $0Perpetual preferred stock
  • $20,000Common stock
  • $112,272Surplus
  • $88,241Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $114,786Income earned, not collected on loans
  • $0Earning assets
  • $9,429Long-term assets (5+ years)
  • $2,034,325Average Assets, year-to-date
  • $509,021Average Assets, quarterly
  • $2,336,412Volatile liabilities
  • $2,320,049Insider loans
  • $2,197,729FHLB advances
  • $2,307,190Loans and leases held for sale
  • $83,027Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $280,527Tier 2 risk-based capital
  • $83,027Total risk weighted assets
  • $0Total unused commitments
  • $350,643Restructured Loans and leases
  • $7,648Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $92,423Total interest income
  • $24,147Total interest expense
  • $68,276Net interest income
  • $20,000Provision for loan and lease losses
  • $17,668Total noninterest income
  • $305Fiduciary activities
  • $1,559Service charges on deposit accounts
  • $0Trading account gains & fees
  • $15,804Additional noninterest income
  • $61,744Total noninterest expense
  • $16,737Salaries and employee benefits
  • $4,324Premises and equipment expense
  • $40,683Additional noninterest expense
  • $4,200Pre-tax net operating income
  • -$3,179Securities gains (losses)
  • $0Applicable income taxes
  • $1,021Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,021Net income attributable to bank
  • $0Net charge-offs
  • $1,021Cash dividends
  • $19,417Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.50%Yield on earning assets
  • 1.17%Cost of funding earning assets
  • 3.32%Net interest margin
  • 0.86%Noninterest income to earning assets
  • 3.00%Noninterest expense to earning assets
  • 0.18%Net operating income to assets
  • 0.04%Return on assets (ROA)
  • 0.04%Pretax return on assets
  • 0.46%Return on equity (ROE)
  • 0.46%Retained earnings to average equity (YTD only)
  • 1.28%Net charge-offs to loans
  • 103.00%Credit loss provision to net charge-offs
  • 1.25%Efficiency ratio
  • 71,842Assets per employee
  • 9.55%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.78%Loss allowance to noncurrent loans
  • 47.49%Noncurrent assets plus other real estate owned to assets
  • 11.21%Noncurrent loans to loans
  • 7.96%Net loans and leases to deposits
  • 78.58%Net loans and leases to core deposits
  • 96.03%Equity capital to assets
  • 9.47%Core capital (leverage) ratio
  • 12.16%Tier 1 risk-based capital ratio
  • 12.76%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $2,336,412Average earning assets
  • $224,003Average equity
  • $2,055,173Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $313,411Managed Assets
  • 1Number of Accounts
  • $51Personal trust and agency accounts
  • $51Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 332Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $313,360Other retirement accounts
  • $11,682Corporate trust and agency accounts
  • $16,733Other fiduciary accounts
  • $12,805Fiduciary accounts held in foreign offices

List of branches

  • 23 New Jersey Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    04305Amboy Bank3590 Ushwy 9 South, Old Bridge, NJ 8857May 12, 1888Full Service Brick and Mortar
    1210071Laurence Harbor BranchLaurence Parkway & Shoreland Circle, Laurence Harbor, NJ 8879July 12, 1965Full Service Brick and Mortar
    2210072Browntown BranchGaub Road And Highway 516, Old Bridge Township, NJ 8857April 30, 1962Full Service Brick and Mortar
    3210073South Amboy Branch100 North Broadway, South Amboy, NJ 8879January 21, 1957Full Service Brick and Mortar
    5210075Ernston BranchHighway 9, Old Bridge Township, NJ 8859September 08, 1969Full Service Brick and Mortar
    6210076Sayreville Branch412 Washington Road, Sayreville, NJ 8872September 19, 1975Full Service Brick and Mortar
    7210077Sayre Woods Shopping Center BranchSayre Woods Shopping Center, Old Bridge, NJ 8857September 01, 1982Full Service Brick and Mortar
    8210078Ticetown BranchHighway 9 Northbound & Ticetown Road, Old Bridge, NJ 8857Febuary 14, 1983Full Service Brick and Mortar
    9210079Woodbridge Branch90 Woodbridge Center Drive, Woodbridge, NJ 7095August 16, 1989Full Service Brick and Mortar
    13210080Ramtown Branch129 Newton's Corner Road, Howell, NJ 7731March 31, 1997Full Service Brick and Mortar
    14210081Red Bank Branch36 Monmouth Street, Red Bank, NJ 7701April 13, 1998Full Service Brick and Mortar
    15359316Manalapan BranchRoute 9 And Symmes Drive, Manalapan, NJ 7726November 29, 2000Full Service Brick and Mortar
    16361910Ocean Branch1910 Highwy 35 South, Oakhurst, NJ 7755September 20, 2001Full Service Brick and Mortar
    17362235Monroe Branch350 Forsgate Drive, Monroe Township, NJ 8831October 20, 2001Full Service Brick and Mortar
    18418951Millstone BranchRoute 33 & Dugan's Grove Road, Millstone, NJ 7726May 13, 2003Full Service Brick and Mortar
    19419220The Port Monmouth Branch420 Highway 36, Port Monmouth, Port Monmouth, NJ 7758May 13, 2003Full Service Brick and Mortar
    20289736State Highway Branch1147 State Highway 34, Matawan, NJ 7747January 24, 2000Full Service Brick and Mortar
    21442000Freehold Branch68 East Main Street, Freehold, NJ 7728Febuary 09, 2005Full Service Brick and Mortar
    22447185New Brunswick Branch350 George Street, New Brunswick, NJ 8901November 21, 2005Full Service Brick and Mortar
    23419646Millhurst Branch120 Route 33 West, Manalapan, NJ 7726October 21, 2002Full Service Brick and Mortar
    24473403Manalapan - Gordon's Corner285 Gordon's Corner Road, Manalapan, NJ 7726September 09, 2006Full Service Brick and Mortar
    25476008Texas Road Branch1861 Englishtown Road, Old Bridge, NJ 8857November 16, 2007Full Service Brick and Mortar
    26493344Monmouth Junction Branch460 Georges Road, Dayton, NJ 8810December 22, 2008Full Service Brick and Mortar

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