First Washington State Bank in city_name, state_name - Detailed Financial Reports, Location

First Washington State Bank in Windsor, New Jersey (NJ)
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First Washington State Bank - Overview

General
FDIC Certificate #: 32725
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Fulton Bank of New Jersey (#27614)
Federal Reserve ID: 1412598
Date Established: November 30, 1989
WWW: http://www.fwsb.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 16 (Interstate: No)
OTS Docket #: 10736
FDIC's unique #: 45588
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: November 30, 1989
Last Structure Change Effective Date: Febuary 10, 2007
Last Structure Change Process Date: March 01, 2007
Last Data Update: March 01, 2007
Data Source Date: April 05, 2012
Location
Address: Route 130, Windsor, NJ 8561
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: $590.9 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, 2006)

Dollar figures in thousands
116Total employees (full-time equivalent)
$590,943Total assets
$8,460Cash and due from depository institutions
$400Interest-bearing balances
$202,552Securities
$0Federal funds sold & reverse repurchase agreements
$273,891Net loans & leases
$3,256Loan loss allowance
$0Trading account assets
$11,077Bank premises and fixed assets
$0Other real estate owned
$89,627Goodwill and other intangibles
$1,054Life insurance assets
$5,336All other assets
$590,943Total liabilities and capital
$471,978Total liabilities
$428,464Total deposits
$362,497Interest-bearing deposits
$428,464Deposits held in domestic offices
0.00%% insured (estimated)
$34,069Federal funds purchased & repurchase agreements
$0Trading liabilities
$4,594Other borrowed funds
$0Subordinated debt
$4,851All other liabilities
$118,965Total equity capital
$118,965Total bank equity capital
$118,965Perpetual preferred stock
$0Common stock
$5,821Surplus
$119,274Undivided profits
Memoranda
$-6,130Noncurrent loans and leases
$37,153Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,606Earning assets
$0Long-term assets (5+ years)
$2,853Average Assets, year-to-date
$476,843Average Assets, quarterly
$126,067Volatile liabilities
$585,710Insider loans
$591,788FHLB advances
$70,990Loans and leases held for sale
$11,286Unused loan commitments
$4,022Tier 1 (core) risk-based capital
$3,967Tier 2 risk-based capital
$1,187Total risk weighted assets
$37,153Total unused commitments
$0Restructured Loans and leases
$3,256Derivatives

Income and Expense (December 31, 2006)

Dollar figures in thousands
$29,472Total interest income
$13,781Total interest expense
$15,691Net interest income
$0Provision for loan and lease losses
$2,633Total noninterest income
$0Fiduciary activities
$965Service charges on deposit accounts
$0Trading account gains & fees
$1,668Additional noninterest income
$12,063Total noninterest expense
$4,842Salaries and employee benefits
$1,953Premises and equipment expense
$5,268Additional noninterest expense
$6,261Pre-tax net operating income
$4Securities gains (losses)
$1,534Applicable income taxes
$4,731Income before extraordinary items
$0Extraordinary gains - net
$4,731Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$193Sale, conversion, retirement of capital stock, net
$4,150Net operating income

Performance and Condition Ratios (December 31, 2006)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.28%Yield on earning assets
2.94%Cost of funding earning assets
3.34%Net interest margin
0.56%Noninterest income to earning assets
2.57%Noninterest expense to earning assets
0.81%Net operating income to assets
0.81%Return on assets (ROA)
1.07%Pretax return on assets
4.01%Return on equity (ROE)
0.49%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
32.44%Efficiency ratio
61,591Assets per employee
5.09%Cash dividends to net income (YTD only)
Condition Ratios (%)
87.72%Loss allowance to loans
1.17%Loss allowance to noncurrent loans
202.74%Noncurrent assets plus other real estate owned to assets
0.27%Noncurrent loans to loans
0.58%Net loans and leases to deposits
63.92%Net loans and leases to core deposits
69.32%Equity capital to assets
20.13%Core capital (leverage) ratio
6.48%Tier 1 risk-based capital ratio
10.42%Total risk-based capital ratio
Memoranda
$11Average assets
$585,710Average earning assets
$117,900Average equity
$469,447Average loans

First Washington State Bank in Windsor, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Washington State Bank - Overview

Assets and Liabilities (December 31, 2006)

Income and Expense (December 31, 2006)

Performance and Condition Ratios (December 31, 2006)

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

First Washington State Bank in Windsor, New Jersey (NJ)Overview, Financial Summary, Detailed Financial Reports, Branches

First Washington State Bank - Overview

Assets and Liabilities (December 31, 2006)

Income and Expense (December 31, 2006)

Performance and Condition Ratios (December 31, 2006)

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

First Washington State Bank in Windsor, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches