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

GSL Savings Bank - Overview

  • General
  • FDIC Certificate #: 28708
    Status: Active
    Federal Reserve ID: 564678
    Date Established: January 01, 1907
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 2195
    FDIC's unique #: 41542
    Numeric code: 42
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: August 06, 1937
    Last Structure Change Effective Date: December 01, 2006
    Last Structure Change Process Date: December 01, 2006
    Last Data Update: December 01, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 6823 Bergenline Ave, Guttenberg, NJ 7093
    County: Hudson
    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): Jersey City, NJ (#3640)
    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)
  • Financial Summary
  • Total assets: $92.3 mil
    Equity capital: $14.6 mil
    Deposits held in domestic offices: $76.0 mil
    Return on assets (ROA): 0.24% ($0.2 mil)
    Quarterly return on assets: 0.26% ($0.2 mil)
    Return on Equity (ROE): 1.52% ($0.2 mil)
    Quarterly return on equity: 1.62% ($0.2 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.39% ($360.0 mil)
    Quarterly Pretax return on assets: 0.43% ($396.9 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, 2011)

  • Dollar figures in thousands
  • 17Total employees (full-time equivalent)
  • $92,296Total assets
  • $5,880Cash and due from depository institutions
  • $5,388Interest-bearing balances
  • $57,281Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $25,656Net loans & leases
  • $382Loan loss allowance
  • $0Trading account assets
  • $1,032Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $92,296Life insurance assets
  • $2,447All other assets
  • $77,659Total liabilities and capital
  • $75,981Total liabilities
  • $72,884Total deposits
  • $75,981Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,000Trading liabilities
  • $0Other borrowed funds
  • $678Subordinated debt
  • $14,637All other liabilities
  • $14,637Total equity capital
  • $14,637Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $14,637Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $363Income earned, not collected on loans
  • $0Earning assets
  • $594Long-term assets (5+ years)
  • $88,325Average Assets, year-to-date
  • $77,084Average Assets, quarterly
  • $92,402Volatile liabilities
  • $92,123Insider loans
  • $30,245FHLB advances
  • $91,785Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $14,606Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,164Restructured Loans and leases
  • $333Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,665Total interest income
  • $819Total interest expense
  • $2,846Net interest income
  • $12Provision for loan and lease losses
  • $76Total noninterest income
  • $0Fiduciary activities
  • $25Service charges on deposit accounts
  • $0Trading account gains & fees
  • $51Additional noninterest income
  • $2,551Total noninterest expense
  • $1,475Salaries and employee benefits
  • $461Premises and equipment expense
  • $615Additional noninterest expense
  • $359Pre-tax net operating income
  • $0Securities gains (losses)
  • $138Applicable income taxes
  • $221Income before extraordinary items
  • $0Extraordinary gains - net
  • $221Net income attributable to bank
  • $0Net charge-offs
  • $221Cash dividends
  • $44Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.15%Yield on earning assets
  • 0.93%Cost of funding earning assets
  • 3.22%Net interest margin
  • 0.09%Noninterest income to earning assets
  • 2.89%Noninterest expense to earning assets
  • 0.24%Net operating income to assets
  • 0.24%Return on assets (ROA)
  • 0.39%Pretax return on assets
  • 1.52%Return on equity (ROE)
  • 1.52%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 27.27%Credit loss provision to net charge-offs
  • 8.43%Efficiency ratio
  • 87,303Assets per employee
  • 5.43%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.47%Loss allowance to noncurrent loans
  • 105.23%Noncurrent assets plus other real estate owned to assets
  • 0.39%Noncurrent loans to loans
  • 1.39%Net loans and leases to deposits
  • 33.77%Net loans and leases to core deposits
  • 36.50%Equity capital to assets
  • 15.86%Core capital (leverage) ratio
  • 15.91%Tier 1 risk-based capital ratio
  • 48.29%Total risk-based capital ratio
  • Memoranda
  • $50Average assets
  • $92,402Average earning assets
  • $14,506Average equity
  • $88,368Average loans

List of branches

  • 2 New Jersey Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041542Gsl Savings Bank6823 Bergenline Ave, Guttenberg, NJ 7093January 01, 1907Full Service Brick and Mortar
    100270180215 Bergen Boulevard Branch215 Bergen Boulevard, Fairview, NJ 7022June 30, 1987Full Service Brick and Mortar

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