Bessemer Trust Company in Woodbridge, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Bessemer Trust Company in Woodbridge, New Jersey (NJ)
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Bessemer Trust Company - Overview

  • General
  • FDIC Certificate #: 20015
    Status: Active
    Federal Reserve ID: 7009
    Bank Holding Company (Regulatory Top Holder): Bessemer Group, Incorporated, The (RSSDID: 1246159, Location: Woodbridge, NJ)
    Date Established: January 01, 1907
    WWW: http://www.bessemer.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 13746
    Numeric code: 21
    Regulator: FDIC
    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: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: August 14, 1969
    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: 100 Woodbridge Center Drive, Woodbridge, NJ 7095
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $721.9 mil
    Equity capital: $50.6 mil
    Deposits held in domestic offices: $666.6 mil
    Return on assets (ROA): 1.64% ($11.8 mil)
    Quarterly return on assets: 1.29% ($9.3 mil)
    Return on Equity (ROE): 21.52% ($11.0 mil)
    Quarterly return on equity: 18.58% ($9.5 mil)
    Net income: $11.0 mil
    Quarterly Net income: $2.4 mil
    Pretax return on assets: 1.79% ($12,922.6 mil)
    Quarterly Pretax return on assets: 1.41% ($10,179.3 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
  • 82Total employees (full-time equivalent)
  • $721,934Total assets
  • $5,719Cash and due from depository institutions
  • $5,351Interest-bearing balances
  • $423,260Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $281,595Net loans & leases
  • $0Loan loss allowance
  • $5Trading account assets
  • $692Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $721,934Life insurance assets
  • $10,663All other assets
  • $671,326Total liabilities and capital
  • $666,594Total liabilities
  • $607,213Total deposits
  • $666,594Interest-bearing deposits
  • $48Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $4,732Subordinated debt
  • $50,608All other liabilities
  • $50,608Total equity capital
  • $50,608Total bank equity capital
  • $0Perpetual preferred stock
  • $500Common stock
  • $552Surplus
  • $49,556Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $3,184Long-term assets (5+ years)
  • $710,211Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $672,692Volatile liabilities
  • $736,615Insider loans
  • $298,450FHLB advances
  • $740,673Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $48,744Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $3,300Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,522Total interest income
  • $366Total interest expense
  • $11,156Net interest income
  • $0Provision for loan and lease losses
  • $52,331Total noninterest income
  • $52,292Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $39Additional noninterest income
  • $51,850Total noninterest expense
  • $14,837Salaries and employee benefits
  • $990Premises and equipment expense
  • $36,023Additional noninterest expense
  • $11,637Pre-tax net operating income
  • $416Securities gains (losses)
  • $1,048Applicable income taxes
  • $11,005Income before extraordinary items
  • $0Extraordinary gains - net
  • $11,005Net income attributable to bank
  • $0Net charge-offs
  • $11,005Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $9,050Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 1.74%Yield on earning assets
  • 0.06%Cost of funding earning assets
  • 1.69%Net interest margin
  • 7.93%Noninterest income to earning assets
  • 7.85%Noninterest expense to earning assets
  • 1.58%Net operating income to assets
  • 1.64%Return on assets (ROA)
  • 1.79%Pretax return on assets
  • 21.52%Return on equity (ROE)
  • 3.82%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 81,670Assets per employee
  • 8.80%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 82.24%Loss allowance to loans
  • 0.00%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 42.24%Net loans and leases to core deposits
  • 42.24%Equity capital to assets
  • 7.01%Core capital (leverage) ratio
  • 6.58%Tier 1 risk-based capital ratio
  • 16.33%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $672,692Average earning assets
  • $51,143Average equity
  • $660,318Average 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
  • $13,487,616Managed Assets
  • 1Number of Accounts
  • $13,481,482Personal trust and agency accounts
  • $11,635,382Employee benefit-defined contribution accounts
  • $229,538Employee benefit-defined benefit accounts
  • $132,659Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $1,454,481Other fiduciary accounts
  • $29,422Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 2473Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $1,464,690Employee benefit-defined benefit accounts
  • $6,134Other retirement accounts
  • $6,134Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 1 New Jersey Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    013746Bessemer Trust Company100 Woodbridge Center Drive, Woodbridge, NJ 7095January 01, 1907Full Service Brick and Mortar

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