Community Bank of Bergen County, N. J. in Maywood, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Community Bank of Bergen County, N. J. in Maywood, New Jersey (NJ)
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Community Bank of Bergen County, N. J. - Overview

  • General
  • FDIC Certificate #: 571
    Status: Active
    Federal Reserve ID: 275509
    Date Established: December 08, 1928
    WWW: http://www.cbbcnj.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 392
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: 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: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 125 West Pleasant Avenue, Maywood, NJ 7607
    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)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $310.2 mil
    Equity capital: $26.4 mil
    Deposits held in domestic offices: $281.7 mil
    Return on assets (ROA): 0.45% ($1.4 mil)
    Quarterly return on assets: 0.61% ($1.9 mil)
    Return on Equity (ROE): 5.44% ($1.4 mil)
    Quarterly return on equity: 7.23% ($1.9 mil)
    Net income: $1.4 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 0.32% ($992.8 mil)
    Quarterly Pretax return on assets: -0.13% (-$403.3 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
  • 81Total employees (full-time equivalent)
  • $310,244Total assets
  • $12,460Cash and due from depository institutions
  • $7,488Interest-bearing balances
  • $57,520Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $217,311Net loans & leases
  • $2,561Loan loss allowance
  • $0Trading account assets
  • $6,772Bank premises and fixed assets
  • $6,373Other real estate owned
  • $0Goodwill and other intangibles
  • $310,244Life insurance assets
  • $9,808All other assets
  • $283,844Total liabilities and capital
  • $281,710Total liabilities
  • $235,904Total deposits
  • $281,710Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,134Subordinated debt
  • $26,400All other liabilities
  • $26,400Total equity capital
  • $26,400Total bank equity capital
  • $0Perpetual preferred stock
  • $8,640Common stock
  • $3,968Surplus
  • $13,792Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $12,614Income earned, not collected on loans
  • $0Earning assets
  • $1,318Long-term assets (5+ years)
  • $282,319Average Assets, year-to-date
  • $147,774Average Assets, quarterly
  • $313,758Volatile liabilities
  • $312,347Insider loans
  • $218,527FHLB advances
  • $312,008Loans and leases held for sale
  • $3,044Unused loan commitments
  • $3,044Tier 1 (core) risk-based capital
  • $26,334Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $25,256Restructured Loans and leases
  • $2,466Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $14,526Total interest income
  • $3,556Total interest expense
  • $10,970Net interest income
  • $1,625Provision for loan and lease losses
  • $711Total noninterest income
  • $0Fiduciary activities
  • $408Service charges on deposit accounts
  • $0Trading account gains & fees
  • $303Additional noninterest income
  • $9,065Total noninterest expense
  • $4,472Salaries and employee benefits
  • $1,386Premises and equipment expense
  • $3,207Additional noninterest expense
  • $991Pre-tax net operating income
  • $0Securities gains (losses)
  • -$428Applicable income taxes
  • $1,419Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,419Net income attributable to bank
  • $0Net charge-offs
  • $1,419Cash dividends
  • $2,506Sale, conversion, retirement of capital stock, net
  • $666Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.01%Yield on earning assets
  • 1.23%Cost of funding earning assets
  • 3.78%Net interest margin
  • 0.25%Noninterest income to earning assets
  • 3.13%Noninterest expense to earning assets
  • 0.45%Net operating income to assets
  • 0.45%Return on assets (ROA)
  • 0.32%Pretax return on assets
  • 5.44%Return on equity (ROE)
  • 2.89%Retained earnings to average equity (YTD only)
  • 1.13%Net charge-offs to loans
  • 64.84%Credit loss provision to net charge-offs
  • 1.04%Efficiency ratio
  • 77,605Assets per employee
  • 3.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 46.93%Loss allowance to loans
  • 1.16%Loss allowance to noncurrent loans
  • 20.30%Noncurrent assets plus other real estate owned to assets
  • 6.12%Noncurrent loans to loans
  • 5.74%Net loans and leases to deposits
  • 77.14%Net loans and leases to core deposits
  • 79.58%Equity capital to assets
  • 8.51%Core capital (leverage) ratio
  • 8.44%Tier 1 risk-based capital ratio
  • 12.05%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $313,758Average earning assets
  • $26,063Average equity
  • $289,930Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $3Managed Assets
  • 1Number of Accounts
  • $3Personal trust and agency accounts
  • $3Employee 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
  • 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
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 4 New Jersey Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0392Community Bank Of Bergen County, N. J.125 West Pleasant Avenue, Maywood, NJ 7607December 08, 1928Full Service Brick and Mortar
    1181973Rochelle Park Branch210 Rochelle Avenue, Rochelle Park, NJ 7662April 20, 1953Full Service Brick and Mortar
    2364621Community Bank Of Bergen County Nj B12-79 River Road, Fair Lawn, NJ 7410June 30, 2002Full Service Brick and Mortar
    3467758Garfield Branch517 River Road, Garfield, NJ 7026March 15, 2007Full Service Brick and Mortar

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