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


College Savings Bank - Overview

  • General
  • FDIC Certificate #: 27041
    Status: Active
    Federal Reserve ID: 30418
    Date Established: September 08, 1987
    WWW: http://www.collegesavings.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 38498
    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: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: September 08, 1987
    Last Structure Change Effective Date: July 31, 2008
    Last Structure Change Process Date: July 31, 2008
    Last Data Update: July 31, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 5 Vaughn Drive, Princeton, NJ 8540
    County: Mercer
    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): Trenton, NJ (#8480)
    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): Trenton-Ewing, NJ (#45940)
    CBSA Metro Statistical Area: Trenton-Ewing, NJ (#45940)
  • Financial Summary
  • Total assets: $569.1 mil
    Equity capital: $43.1 mil
    Deposits held in domestic offices: $336.6 mil
    Return on assets (ROA): 0.46% ($2.6 mil)
    Quarterly return on assets: 0.07% ($0.4 mil)
    Return on Equity (ROE): 6.10% ($2.6 mil)
    Quarterly return on equity: 0.90% ($0.4 mil)
    Net income: $2.5 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.71% ($4,040.7 mil)
    Quarterly Pretax return on assets: 0.11% ($626.0 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
  • 21Total employees (full-time equivalent)
  • $569,108Total assets
  • $534Cash and due from depository institutions
  • $534Interest-bearing balances
  • $343,362Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $211,489Net loans & leases
  • $67Loan loss allowance
  • $0Trading account assets
  • $93Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $569,108Life insurance assets
  • $13,630All other assets
  • $525,983Total liabilities and capital
  • $336,632Total liabilities
  • $336,632Total deposits
  • $336,632Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 179418.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $9,933Subordinated debt
  • $43,125All other liabilities
  • $43,125Total equity capital
  • $43,125Total bank equity capital
  • $0Perpetual preferred stock
  • $2,500Common stock
  • $45,945Surplus
  • $-5,320Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,267Income earned, not collected on loans
  • $7,090Earning assets
  • $9,305Long-term assets (5+ years)
  • $555,385Average Assets, year-to-date
  • $160,504Average Assets, quarterly
  • $547,746Volatile liabilities
  • $550,009Insider loans
  • $197,699FHLB advances
  • $563,900Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $38,855Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $15,393Total interest income
  • $8,919Total interest expense
  • $6,474Net interest income
  • $73Provision for loan and lease losses
  • $330Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $330Additional noninterest income
  • $4,593Total noninterest expense
  • $2,076Salaries and employee benefits
  • $304Premises and equipment expense
  • $2,213Additional noninterest expense
  • $2,138Pre-tax net operating income
  • $1,746Securities gains (losses)
  • $1,358Applicable income taxes
  • $2,526Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,526Net income attributable to bank
  • $0Net charge-offs
  • $2,526Cash dividends
  • $62Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.89%Yield on earning assets
  • 1.67%Cost of funding earning assets
  • 1.22%Net interest margin
  • 0.06%Noninterest income to earning assets
  • 0.86%Noninterest expense to earning assets
  • 0.25%Net operating income to assets
  • 0.46%Return on assets (ROA)
  • 0.71%Pretax return on assets
  • 6.10%Return on equity (ROE)
  • 6.10%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 117.74%Credit loss provision to net charge-offs
  • 35.66%Efficiency ratio
  • 67,504Assets per employee
  • 27.10%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.03%Loss allowance to noncurrent loans
  • 0.92%Noncurrent assets plus other real estate owned to assets
  • 1.28%Noncurrent loans to loans
  • 3.44%Net loans and leases to deposits
  • 62.82%Net loans and leases to core deposits
  • 99.48%Equity capital to assets
  • 7.58%Core capital (leverage) ratio
  • 6.89%Tier 1 risk-based capital ratio
  • 19.65%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $547,746Average earning assets
  • $41,442Average equity
  • $532,799Average loans

Total Fiduciary and Related Assets (December 31, 2005)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $175,318Managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee 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
  • 11002Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $175,318Other retirement accounts
  • $175,318Corporate 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
    038498College Savings Bank5 Vaughn Drive, Princeton, NJ 8540September 08, 1987Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with College Savings Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents