Cape Bank in Cape May Court House, New Jersey (NJ)

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Cape Bank routing number info

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Cape Bank
GeneralFDIC Certificate #: 28395
Status: Active
Federal Reserve ID: 106377
Date Established: January 01, 1923
Trust Powers Granted: No
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 16 (Domestic: 16, Interstate: No)
OTS Docket #: 1504
FDIC's unique #: 41229
Numeric code: 41
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: Commercial Lending Specialization
Date of Deposit Insurance: June 21, 1948
Last Structure Change Effective Date: January 27, 2009
Last Structure Change Process Date: June 23, 2010
Last Data Update: June 23, 2010
Data Source Date: April 05, 2012
LocationAddress: 225 North Main Street, Cape May Court House, NJ 8210
County: Cape May
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): Atlantic-Cape May, NJ (#560)
Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77)
Core Based Statistical Area (CBSA): Ocean City, NJ (#36140)
CBSA Metro Statistical Area: Ocean City, NJ (#36140)
Financial SummaryTotal assets: $1,071.9 mil
Equity capital: $134.7 mil
Deposits held in domestic offices: $778.0 mil
Return on assets (ROA): 0.81% ($8.7 mil)
Quarterly return on assets: -0.58% (-$6.2 mil)
Return on Equity (ROE): 6.61% ($8.9 mil)
Quarterly return on equity: -4.65% (-$6.3 mil)
Net income: $8.6 mil
Quarterly Net income: -$1.6 mil
Pretax return on assets: -0.88% (-$9,432.4 mil)
Quarterly Pretax return on assets: -1.54% (-$16,506.8 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)
Total employees (full-time equivalent)191
Total assets$1,071,869
Cash and due from depository institutions$34,418
Interest-bearing balances$12,647
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$724,698
Loan loss allowance $11,953
Trading account assets$0
Bank premises and fixed assets$20,188
Other real estate owned$8,354
Goodwill and other intangibles$22,914
All other assets$69,688
Life insurance assets$1,071,869
Total liabilities and capital$937,165
Total liabilities$777,963
Total deposits$698,630
Interest-bearing deposits$777,963
Deposits held in domestic offices$75
% insured (estimated)10000.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$134,019
Other borrowed funds $0
Subordinated debt $15,183
All other liabilities $134,704
Total equity capital$134,704
Total bank equity capital$134,704
Perpetual preferred stock$0
Common stock$200
Undivided profits $18,483
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $7,657
Income earned, not collected on loans $31,064
Earning assets $0
Long-term assets (5+ years) $3,601
Average Assets, year-to-date $928,954
Average Assets, quarterly $372,007
Volatile liabilities $1,068,394
Insider loans $1,075,395
FHLB advances $756,263
Loans and leases held for sale $1,037,025
Unused loan commitments $29,249
Tier 1 (core) risk-based capital $26,141
Tier 2 risk-based capital $97,529
Total risk weighted assets $0
Total unused commitments $3,108
Restructured Loans and leases $78,049
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $46,676
Total interest expense $11,930
Net interest income $34,746
Provision for loan and lease losses $18,907
Total noninterest income $4,405
Fiduciary activities $0
Service charges on deposit accounts $2,059
Trading account gains & fees $0
Additional noninterest income $2,346
Total noninterest expense $28,286
Salaries and employee benefits $14,431
Premises and equipment expense $3,037
Additional noninterest expense $10,818
Pre-tax net operating income -$8,042
Securities gains (losses) -$1,308
Applicable income taxes -$17,974
Income before extraordinary items $8,624
Extraordinary gains - net $0
Net income attributable to bank $8,624
Net charge-offs $0
Cash dividends $8,624
Sale, conversion, retirement of capital stock, net $19,492
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.97%
Cost of funding earning assets 1.27%
Net interest margin 3.70%
Noninterest income to earning assets 0.47%
Noninterest expense to earning assets 3.01%
Net operating income to assets 0.89%
Return on assets (ROA) 0.81%
Pretax return on assets -0.88%
Return on equity (ROE) 6.61%
Retained earnings to average equity (YTD only) 6.61%
Net charge-offs to loans 2.55%
Credit loss provision to net charge-offs 97.00%
Efficiency ratio0.56%
Assets per employee$71,965
Cash dividends to net income (YTD only)5.61%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.62%
Noncurrent assets plus other real estate owned to assets 38.48%
Noncurrent loans to loans 3.71%
Net loans and leases to deposits4.22%
Net loans and leases to core deposits 93.15%
Equity capital to assets 101.75%
Core capital (leverage) ratio 12.57%
Tier 1 risk-based capital ratio 9.40%
Total risk-based capital ratio 12.90%
Average assets$14
Average earning assets$1,068,394
Average equity $130,551
Average loans $939,856
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15 New Jersey Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
041229Cape Bank225 North Main Street, Cape May Court House, NJ 8210January 01, 1923Full Service Brick and Mortar
1267176Cape May Branch217 Jackson St, Cape May, NJ 8204January 01, 1923Full Service Brick and Mortar
2267177Villas Branch1899 Bayshore Road, Villas, NJ 8251January 01, 1923Full Service Brick and Mortar
3267178Wildwood Branch3101 New Jersey Avenue, Wildwood, NJ 8260January 01, 1923Full Service Brick and Mortar
4267179Marmora Branch46 South Shore Road, Marmora, NJ 8223January 01, 1923Full Service Brick and Mortar
100267180Ocean City Branch10th & Asbury Avenue, Ocean City, NJ 8226January 01, 1923Full Service Brick and Mortar
102267181Rio Grande BranchRoutes 9 & 47, Rio Grande, NJ 8242June 30, 1985Full Service Brick and Mortar
10543056Atlantic City Branch1501 Pacific Avenue, Atlantic City, NJ 8401June 01, 1943Full Service Brick and Mortar
106279186Margate City BranchEssex & Ventnor Avenue, Margate City, NJ 8402June 01, 1943Full Service Brick and Mortar
107279187Egg Harbor Township BranchBlack Horse Pike & Fire Road, Egg Harbor Township, NJ 8234June 01, 1943Full Service Brick and Mortar
108365290Galloway Branch320 E. Jimmie Leeds Road, Galloway, NJ 8205January 02, 2002Full Service Brick and Mortar
109418712Somers Point Branch199 New Road, Somers Point, NJ 8244September 19, 2002Full Service Brick and Mortar
11075135201 Shore Road Branch201 Shore Road, Linwood, NJ 8221July 28, 1999Full Service Brick and Mortar
113443739English Creek Branch4096 English Creek Avenue, Egg Harbor Township, NJ 8234August 10, 2005Full Service Brick and Mortar
116456231Egg Harbor Township Branch2251 Ocean Heights Avenue, Egg Harbor Township, NJ 8234October 30, 2006Full Service Brick and Mortar
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