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


  • Freehold Savings Bank in Freehold, New Jersey (NJ)
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Freehold Savings Bank - Overview

  • General
  • FDIC Certificate #: 30519
    Status: Active
    Federal Reserve ID: 588478
    Date Established: January 01, 1869
    WWW: http://www.freeholdsla.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 5489
    FDIC's unique #: 43353
    Numeric code: 37
    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: Mortgage Lending Specialization
    Date of Deposit Insurance: September 11, 1951
    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: 68 W Main St, Freehold, NJ 7728
    County: Monmouth
    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): Monmouth-Ocean, NJ (#5190)
    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: Edison-New Brunswick, NJ (#20764)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $262.4 mil
    Equity capital: $32.2 mil
    Deposits held in domestic offices: $182.6 mil
    Return on assets (ROA): 0.63% ($1.7 mil)
    Quarterly return on assets: 0.60% ($1.6 mil)
    Return on Equity (ROE): 5.17% ($1.7 mil)
    Quarterly return on equity: 4.89% ($1.6 mil)
    Net income: $1.6 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.97% ($2,544.9 mil)
    Quarterly Pretax return on assets: 0.90% ($2,361.2 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
  • 18Total employees (full-time equivalent)
  • $262,356Total assets
  • $5,869Cash and due from depository institutions
  • $5,013Interest-bearing balances
  • $180,139Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $61,120Net loans & leases
  • $637Loan loss allowance
  • $0Trading account assets
  • $1,147Bank premises and fixed assets
  • $50Other real estate owned
  • $0Goodwill and other intangibles
  • $262,356Life insurance assets
  • $14,031All other assets
  • $230,164Total liabilities and capital
  • $182,619Total liabilities
  • $179,515Total deposits
  • $182,619Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $42,920Trading liabilities
  • $0Other borrowed funds
  • $4,625Subordinated debt
  • $32,192All other liabilities
  • $32,192Total equity capital
  • $32,192Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $0Surplus
  • $32,191Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $161Income earned, not collected on loans
  • $0Earning assets
  • $651Long-term assets (5+ years)
  • $246,272Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $258,182Volatile liabilities
  • $262,597Insider loans
  • $84,598FHLB advances
  • $262,356Loans and leases held for sale
  • $8,051Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $32,192Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,305Restructured Loans and leases
  • $1,122Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,584Total interest income
  • $3,248Total interest expense
  • $5,336Net interest income
  • $0Provision for loan and lease losses
  • $473Total noninterest income
  • $0Fiduciary activities
  • $48Service charges on deposit accounts
  • $0Trading account gains & fees
  • $425Additional noninterest income
  • $3,309Total noninterest expense
  • $2,019Salaries and employee benefits
  • $600Premises and equipment expense
  • $690Additional noninterest expense
  • $2,500Pre-tax net operating income
  • $0Securities gains (losses)
  • $876Applicable income taxes
  • $1,624Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,624Net income attributable to bank
  • $0Net charge-offs
  • $1,624Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.54%Yield on earning assets
  • 1.34%Cost of funding earning assets
  • 2.20%Net interest margin
  • 0.20%Noninterest income to earning assets
  • 1.37%Noninterest expense to earning assets
  • 0.63%Net operating income to assets
  • 0.63%Return on assets (ROA)
  • 0.97%Pretax return on assets
  • 5.17%Return on equity (ROE)
  • 5.17%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 56,963Assets per employee
  • 14.58%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.03%Loss allowance to noncurrent loans
  • 395.65%Noncurrent assets plus other real estate owned to assets
  • 0.08%Noncurrent loans to loans
  • 0.26%Net loans and leases to deposits
  • 33.47%Net loans and leases to core deposits
  • 38.41%Equity capital to assets
  • 12.27%Core capital (leverage) ratio
  • 12.27%Tier 1 risk-based capital ratio
  • 38.05%Total risk-based capital ratio
  • Memoranda
  • $39Average assets
  • $258,182Average earning assets
  • $31,384Average equity
  • $242,310Average loans

List of branches

  • 2 New Jersey Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    043353Freehold Savings Bank68 W Main St, Freehold, NJ 7728January 01, 1869Full Service Brick and Mortar
    100280665Freehold Twp Branch3649 Rt. 9, Freehold, NJ 7728June 30, 1985Full Service Brick and Mortar

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