Cape Bank in Cape May Court House, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

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

  • General
  • FDIC 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
  • Location
  • Address: 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 Summary
  • Total 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
  • 191Total employees (full-time equivalent)
  • $1,071,869Total assets
  • $34,418Cash and due from depository institutions
  • $12,647Interest-bearing balances
  • $191,609Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $724,698Net loans & leases
  • $11,953Loan loss allowance
  • $0Trading account assets
  • $20,188Bank premises and fixed assets
  • $8,354Other real estate owned
  • $22,914Goodwill and other intangibles
  • $1,071,869Life insurance assets
  • $69,688All other assets
  • $937,165Total liabilities and capital
  • $777,963Total liabilities
  • $698,630Total deposits
  • $777,963Interest-bearing deposits
  • $75Deposits held in domestic offices
  • 10000.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $134,019Trading liabilities
  • $0Other borrowed funds
  • $15,183Subordinated debt
  • $134,704All other liabilities
  • $134,704Total equity capital
  • $134,704Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $116,021Surplus
  • $18,483Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $7,657Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $31,064Income earned, not collected on loans
  • $0Earning assets
  • $3,601Long-term assets (5+ years)
  • $928,954Average Assets, year-to-date
  • $372,007Average Assets, quarterly
  • $1,068,394Volatile liabilities
  • $1,075,395Insider loans
  • $756,263FHLB advances
  • $1,037,025Loans and leases held for sale
  • $29,249Unused loan commitments
  • $26,141Tier 1 (core) risk-based capital
  • $97,529Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,108Total unused commitments
  • $78,049Restructured Loans and leases
  • $15,007Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $46,676Total interest income
  • $11,930Total interest expense
  • $34,746Net interest income
  • $18,907Provision for loan and lease losses
  • $4,405Total noninterest income
  • $0Fiduciary activities
  • $2,059Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,346Additional noninterest income
  • $28,286Total noninterest expense
  • $14,431Salaries and employee benefits
  • $3,037Premises and equipment expense
  • $10,818Additional noninterest expense
  • -$8,042Pre-tax net operating income
  • -$1,308Securities gains (losses)
  • -$17,974Applicable income taxes
  • $8,624Income before extraordinary items
  • $0Extraordinary gains - net
  • $8,624Net income attributable to bank
  • $0Net charge-offs
  • $8,624Cash dividends
  • $19,492Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.97%Yield on earning assets
  • 1.27%Cost of funding earning assets
  • 3.70%Net interest margin
  • 0.47%Noninterest income to earning assets
  • 3.01%Noninterest expense to earning assets
  • 0.89%Net operating income to assets
  • 0.81%Return on assets (ROA)
  • -0.88%Pretax return on assets
  • 6.61%Return on equity (ROE)
  • 6.61%Retained earnings to average equity (YTD only)
  • 2.55%Net charge-offs to loans
  • 97.00%Credit loss provision to net charge-offs
  • 0.56%Efficiency ratio
  • 71,965Assets per employee
  • 5.61%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.62%Loss allowance to noncurrent loans
  • 38.48%Noncurrent assets plus other real estate owned to assets
  • 3.71%Noncurrent loans to loans
  • 4.22%Net loans and leases to deposits
  • 93.15%Net loans and leases to core deposits
  • 101.75%Equity capital to assets
  • 12.57%Core capital (leverage) ratio
  • 9.40%Tier 1 risk-based capital ratio
  • 12.90%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $1,068,394Average earning assets
  • $130,551Average equity
  • $939,856Average loans

List of branches

  • 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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