Bogota Savings Bank in Bogota, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Bogota Savings Bank in Bogota, New Jersey (NJ)
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Bogota Savings Bank - Overview

  • General
  • FDIC Certificate #: 29941
    Status: Active
    Federal Reserve ID: 927479
    Date Established: January 01, 1893
    WWW: http://www.bogotasavingsbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 4393
    FDIC's unique #: 42775
    Numeric code: 42
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: September 16, 1937
    Last Structure Change Effective Date: April 16, 2008
    Last Structure Change Process Date: May 23, 2008
    Last Data Update: May 23, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 60 East Main St, Bogota, NJ 7603
    County: Bergen
    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): Bergen-Passaic, NJ (#875)
    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: New York-White Plains-Wayne, NY-NJ (#35644)
  • Financial Summary
  • Total assets: $419.8 mil
    Equity capital: $45.1 mil
    Deposits held in domestic offices: $318.0 mil
    Return on assets (ROA): 0.92% ($3.9 mil)
    Quarterly return on assets: 0.96% ($4.0 mil)
    Return on Equity (ROE): 8.59% ($3.9 mil)
    Quarterly return on equity: 8.99% ($4.0 mil)
    Net income: $3.7 mil
    Quarterly Net income: $1.0 mil
    Pretax return on assets: 1.56% ($6,548.5 mil)
    Quarterly Pretax return on assets: 1.61% ($6,758.4 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
  • 31Total employees (full-time equivalent)
  • $419,775Total assets
  • $7,225Cash and due from depository institutions
  • $2,916Interest-bearing balances
  • $78,430Securities
  • $4,000Federal funds sold & reverse repurchase agreements
  • $318,610Net loans & leases
  • $1,308Loan loss allowance
  • $0Trading account assets
  • $5,110Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $419,775Life insurance assets
  • $6,400All other assets
  • $374,675Total liabilities and capital
  • $317,989Total liabilities
  • $306,392Total deposits
  • $317,989Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 21500.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $33,796Trading liabilities
  • $0Other borrowed funds
  • $1,390Subordinated debt
  • $45,100All other liabilities
  • $45,100Total equity capital
  • $45,100Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $45,100Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,380Income earned, not collected on loans
  • $0Earning assets
  • $1,484Long-term assets (5+ years)
  • $403,956Average Assets, year-to-date
  • $326,281Average Assets, quarterly
  • $402,462Volatile liabilities
  • $418,681Insider loans
  • $223,029FHLB advances
  • $418,347Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $44,762Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $31,019Restructured Loans and leases
  • $796Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $16,943Total interest income
  • $5,446Total interest expense
  • $11,497Net interest income
  • $50Provision for loan and lease losses
  • $63Total noninterest income
  • $0Fiduciary activities
  • $29Service charges on deposit accounts
  • $0Trading account gains & fees
  • $34Additional noninterest income
  • $5,243Total noninterest expense
  • $2,742Salaries and employee benefits
  • $559Premises and equipment expense
  • $1,942Additional noninterest expense
  • $6,267Pre-tax net operating income
  • $0Securities gains (losses)
  • $2,565Applicable income taxes
  • $3,702Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,702Net income attributable to bank
  • $0Net charge-offs
  • $3,702Cash dividends
  • -$8Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.37%Yield on earning assets
  • 1.40%Cost of funding earning assets
  • 2.96%Net interest margin
  • 0.02%Noninterest income to earning assets
  • 1.35%Noninterest expense to earning assets
  • 0.92%Net operating income to assets
  • 0.92%Return on assets (ROA)
  • 1.56%Pretax return on assets
  • 8.59%Return on equity (ROE)
  • 8.59%Retained earnings to average equity (YTD only)
  • -0.00%Net charge-offs to loans
  • -625.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 45,355Assets per employee
  • 13.54%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.41%Loss allowance to noncurrent loans
  • 38.70%Noncurrent assets plus other real estate owned to assets
  • 0.81%Noncurrent loans to loans
  • 1.06%Net loans and leases to deposits
  • 100.20%Net loans and leases to core deposits
  • 113.59%Equity capital to assets
  • 10.74%Core capital (leverage) ratio
  • 10.70%Tier 1 risk-based capital ratio
  • 20.07%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $402,462Average earning assets
  • $43,089Average equity
  • $388,147Average loans

List of branches

  • 4 New Jersey Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042775Bogota Savings Bank60 East Main St, Bogota, NJ 7603January 01, 1893Full Service Brick and Mortar
    1364245Teaneck Branch819 Teaneck Road, Teaneck, NJ 7666April 18, 2002Full Service Brick and Mortar
    2521472Classic Residence655 Pomander Walk, Teaneck, NJ 7666August 30, 2010
    3521572Classic Residence Branch655 Pomander Walk, Teaneck, NJ 7666August 30, 2010Limited Service Mobile

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