Colonial Bank, FSB in city_name, state_name - Detailed Financial Reports, Location

Colonial Bank, FSB in Vineland, New Jersey (NJ)
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Colonial Bank, FSB - Overview

General
FDIC Certificate #: 30218
Status: Active
Federal Reserve ID: 941176
Date Established: January 01, 1913
WWW: http://www.colonialbankfsb.com
Trust Powers Granted: No
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Offices: 9 (Domestic: 9, Interstate: No)
OTS Docket #: 4983
FDIC's unique #: 43052
Numeric code: 33
Regulator: OCC
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: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
Date of Deposit Insurance: May 12, 1943
Last Structure Change Effective Date: July 21, 2011
Last Structure Change Process Date: July 21, 2011
Last Data Update: July 21, 2011
Data Source Date: April 05, 2012
Location
Address: 2745 S. Delsea Drive, Vineland, NJ 8360
County: Cumberland
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): Vineland-Millville-Bridgeton, NJ (#8760)
Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77)
Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428)
Core Based Statistical Area (CBSA): Vineland-Millville-Bridgeton, NJ (#47220)
CBSA Metro Statistical Area: Vineland-Millville-Bridgeton, NJ (#47220)
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $602.4 mil
Equity capital: $68.1 mil
Deposits held in domestic offices: $521.7 mil
Return on assets (ROA): 0.59% ($3.6 mil)
Quarterly return on assets: 0.59% ($3.6 mil)
Return on Equity (ROE): 5.33% ($3.6 mil)
Quarterly return on equity: 5.15% ($3.5 mil)
Net income: $3.5 mil
Quarterly Net income: $0.9 mil
Pretax return on assets: 0.80% ($4,818.9 mil)
Quarterly Pretax return on assets: 0.78% ($4,698.5 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
102Total employees (full-time equivalent)
$602,366Total assets
$6,753Cash and due from depository institutions
$2Interest-bearing balances
$266,534Securities
$0Federal funds sold & reverse repurchase agreements
$297,555Net loans & leases
$2,390Loan loss allowance
$0Trading account assets
$10,420Bank premises and fixed assets
$3,092Other real estate owned
$0Goodwill and other intangibles
$602,366Life insurance assets
$18,012All other assets
$534,242Total liabilities and capital
$521,748Total liabilities
$507,830Total deposits
$521,748Interest-bearing deposits
$81Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$11,785Trading liabilities
$0Other borrowed funds
$709Subordinated debt
$68,124All other liabilities
$68,124Total equity capital
$68,124Total bank equity capital
$0Perpetual preferred stock
$1Common stock
$33,628Surplus
$34,495Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$6,153Income earned, not collected on loans
$0Earning assets
$1,871Long-term assets (5+ years)
$564,091Average Assets, year-to-date
$0Average Assets, quarterly
$594,788Volatile liabilities
$595,041Insider loans
$335,317FHLB advances
$596,962Loans and leases held for sale
$10,794Unused loan commitments
$0Tier 1 (core) risk-based capital
$64,609Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$18,693Restructured Loans and leases
$3,257Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$24,189Total interest income
$7,263Total interest expense
$16,926Net interest income
$1,860Provision for loan and lease losses
$1,617Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$1,617Additional noninterest income
$12,139Total noninterest expense
$6,520Salaries and employee benefits
$2,752Premises and equipment expense
$2,867Additional noninterest expense
$4,544Pre-tax net operating income
$194Securities gains (losses)
$1,236Applicable income taxes
$3,502Income before extraordinary items
$0Extraordinary gains - net
$3,502Net income attributable to bank
$0Net charge-offs
$3,502Cash dividends
$1,633Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.33%Yield on earning assets
1.30%Cost of funding earning assets
3.03%Net interest margin
0.29%Noninterest income to earning assets
2.18%Noninterest expense to earning assets
0.56%Net operating income to assets
0.59%Return on assets (ROA)
0.80%Pretax return on assets
5.33%Return on equity (ROE)
5.33%Retained earnings to average equity (YTD only)
0.52%Net charge-offs to loans
113.90%Credit loss provision to net charge-offs
3.92%Efficiency ratio
65,464Assets per employee
5.91%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.80%Loss allowance to noncurrent loans
38.84%Noncurrent assets plus other real estate owned to assets
1.53%Noncurrent loans to loans
2.05%Net loans and leases to deposits
57.03%Net loans and leases to core deposits
57.81%Equity capital to assets
11.31%Core capital (leverage) ratio
10.82%Tier 1 risk-based capital ratio
19.27%Total risk-based capital ratio
Memoranda
$20Average assets
$594,788Average earning assets
$65,732Average equity
$558,058Average loans

List of branches

9 New Jersey Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	43052	Colonial Bank, Fsb	2745 S. Delsea Drive, Vineland, NJ 8360	January 01, 1913	Full Service Brick and Mortar
1	279173	1107 N High Street Branch	1107 N High Street, Millville, NJ 8332	January 01, 1913	Full Service Brick and Mortar
2	279174	Upper Deerfield Branch	1245 Highway 77, Bridgeton, NJ 8302	January 01, 1913	Full Service Brick and Mortar
100	279175	Lambs Road Branch	271 Lambs Road, Sewell, NJ 8080	June 30, 1988	Full Service Brick and Mortar
102	464029	Vineland Branch	1771 S Lincoln Avenue, Vineland, NJ 8361	August 17, 2000	Full Service Brick and Mortar
103	464030	Mantua Branch	227 Bridgeton Pike, Mantua, NJ 8051	July 01, 1998	Full Service Brick and Mortar
104	498672	W Broad St Branch	85 W Broad St., Bridgeton, NJ 8302	June 30, 2007	Full Service Brick and Mortar
105	498673	Landis Ave Branch	125 W Landis Ave, Vineland, NJ 8360	July 21, 2008	Full Service Brick and Mortar
106	498674	339 Main St Branch	339 Main St, Cedarville, NJ 8311	January 23, 2009	Full Service Brick and Mortar

Colonial Bank, FSB in Vineland, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

Colonial Bank, FSB - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

Colonial Bank, FSB in Vineland, New Jersey (NJ)Overview, Financial Summary, Detailed Financial Reports, Branches

Colonial Bank, FSB - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

Colonial Bank, FSB in Vineland, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches