Enterprise National Bank N.J. in Kenilworth, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Enterprise National Bank N.J. in Kenilworth, New Jersey (NJ)
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Enterprise National Bank N.J. - Overview

  • General
  • FDIC Certificate #: 57055
    Status: Active
    Federal Reserve ID: 3133011
    Date Established: August 19, 2002
    WWW: http://www.enterprisebank.net
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 356462
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: August 19, 2002
    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: 490 Boulevard, Kenilworth, NJ 7033
    County: Union
    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): Newark, NJ (#5640)
    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: Newark-Union, NJ-PA (#35084)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $132.6 mil
    Equity capital: $18.1 mil
    Deposits held in domestic offices: $108.7 mil
    Return on assets (ROA): 0.33% ($0.4 mil)
    Quarterly return on assets: 0.23% ($0.3 mil)
    Return on Equity (ROE): 2.32% ($0.4 mil)
    Quarterly return on equity: 1.68% ($0.3 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.62% ($821.9 mil)
    Quarterly Pretax return on assets: 0.42% ($556.8 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
  • 26Total employees (full-time equivalent)
  • $132,570Total assets
  • $11,853Cash and due from depository institutions
  • $9,859Interest-bearing balances
  • $18,017Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $98,822Net loans & leases
  • $1,569Loan loss allowance
  • $0Trading account assets
  • $484Bank premises and fixed assets
  • $296Other real estate owned
  • $0Goodwill and other intangibles
  • $132,570Life insurance assets
  • $3,098All other assets
  • $114,471Total liabilities and capital
  • $108,700Total liabilities
  • $99,561Total deposits
  • $108,700Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,500Trading liabilities
  • $0Other borrowed funds
  • $271Subordinated debt
  • $18,099All other liabilities
  • $18,099Total equity capital
  • $18,099Total bank equity capital
  • $0Perpetual preferred stock
  • $20,645Common stock
  • $0Surplus
  • $-2,546Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,164Income earned, not collected on loans
  • $0Earning assets
  • $393Long-term assets (5+ years)
  • $126,698Average Assets, year-to-date
  • $60,722Average Assets, quarterly
  • $124,161Volatile liabilities
  • $130,848Insider loans
  • $104,211FHLB advances
  • $132,181Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $16,914Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,690Restructured Loans and leases
  • $6,995Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,111Total interest income
  • $1,407Total interest expense
  • $4,704Net interest income
  • $233Provision for loan and lease losses
  • $126Total noninterest income
  • $0Fiduciary activities
  • $31Service charges on deposit accounts
  • $0Trading account gains & fees
  • $95Additional noninterest income
  • $3,841Total noninterest expense
  • $2,078Salaries and employee benefits
  • $519Premises and equipment expense
  • $1,244Additional noninterest expense
  • $756Pre-tax net operating income
  • $9Securities gains (losses)
  • $353Applicable income taxes
  • $412Income before extraordinary items
  • $0Extraordinary gains - net
  • $412Net income attributable to bank
  • $0Net charge-offs
  • $412Cash dividends
  • $3Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.20%Yield on earning assets
  • 1.20%Cost of funding earning assets
  • 4.00%Net interest margin
  • 0.11%Noninterest income to earning assets
  • 3.27%Noninterest expense to earning assets
  • 0.33%Net operating income to assets
  • 0.33%Return on assets (ROA)
  • 0.62%Pretax return on assets
  • 2.32%Return on equity (ROE)
  • 2.32%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 7766.67%Credit loss provision to net charge-offs
  • 329.67%Efficiency ratio
  • 79,524Assets per employee
  • 5.10%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.56%Loss allowance to noncurrent loans
  • 30.38%Noncurrent assets plus other real estate owned to assets
  • 4.12%Noncurrent loans to loans
  • 5.14%Net loans and leases to deposits
  • 90.91%Net loans and leases to core deposits
  • 96.37%Equity capital to assets
  • 13.65%Core capital (leverage) ratio
  • 12.80%Tier 1 risk-based capital ratio
  • 16.23%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $124,161Average earning assets
  • $17,787Average equity
  • $117,468Average loans

List of branches

  • 3 New Jersey Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0356462Enterprise National Bank N.J.490 Boulevard, Kenilworth, NJ 7033August 19, 2002Full Service Brick and Mortar
    1447905Edison Branch3900 Park Avenue, Suite 108, Edison, NJ 8820January 02, 2006Full Service Brick and Mortar
    2521914Bloomfield Office Branch324 Broad Street, Bloomfield, NJ 7003May 23, 2011Full Service Brick and Mortar

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