Grand Bank, National Association in Hamilton, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Grand Bank, National Association in Hamilton, New Jersey (NJ)
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Grand Bank, National Association - Overview

  • General
  • FDIC Certificate #: 57274
    Status: Active
    Federal Reserve ID: 3093964
    Date Established: March 01, 2002
    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 #: 360575
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: March 01, 2002
    Last Structure Change Effective Date: July 31, 2008
    Last Structure Change Process Date: July 31, 2008
    Last Data Update: July 31, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: One Edinburg Road, Hamilton, NJ 8619
    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: $337.4 mil
    Equity capital: $24.8 mil
    Deposits held in domestic offices: $251.5 mil
    Return on assets (ROA): -2.85% (-$9.6 mil)
    Quarterly return on assets: -10.01% (-$33.7 mil)
    Return on Equity (ROE): -33.72% (-$8.4 mil)
    Quarterly return on equity: -121.36% (-$30.3 mil)
    Net income: -$10.8 mil
    Quarterly Net income: -$8.9 mil
    Pretax return on assets: -2.85% (-$9,616.9 mil)
    Quarterly Pretax return on assets: -10.01% (-$33,777.3 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
  • 305Total employees (full-time equivalent)
  • $337,436Total assets
  • $9,905Cash and due from depository institutions
  • $5,454Interest-bearing balances
  • $6,621Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $279,267Net loans & leases
  • $3,523Loan loss allowance
  • $0Trading account assets
  • $5,179Bank premises and fixed assets
  • $3,476Other real estate owned
  • $11,959Goodwill and other intangibles
  • $337,436Life insurance assets
  • $21,029All other assets
  • $312,614Total liabilities and capital
  • $251,480Total liabilities
  • $226,980Total deposits
  • $251,480Interest-bearing deposits
  • $72Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $48,859Trading liabilities
  • $7,000Other borrowed funds
  • $5,275Subordinated debt
  • $24,822All other liabilities
  • $24,822Total equity capital
  • $24,822Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $30,344Surplus
  • $-5,522Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $146,141Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $12,743Income earned, not collected on loans
  • $0Earning assets
  • $804Long-term assets (5+ years)
  • $291,342Average Assets, year-to-date
  • $16,212Average Assets, quarterly
  • $377,538Volatile liabilities
  • $354,600Insider loans
  • $205,024FHLB advances
  • $353,649Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $23,465Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $282,083Restructured Loans and leases
  • $4,358Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $15,519Total interest income
  • $4,740Total interest expense
  • $10,779Net interest income
  • $1,565Provision for loan and lease losses
  • $47,984Total noninterest income
  • $0Fiduciary activities
  • $271Service charges on deposit accounts
  • $0Trading account gains & fees
  • $47,713Additional noninterest income
  • $67,955Total noninterest expense
  • $41,586Salaries and employee benefits
  • $4,974Premises and equipment expense
  • $21,395Additional noninterest expense
  • -$10,757Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$10,757Income before extraordinary items
  • $0Extraordinary gains - net
  • -$10,757Net income attributable to bank
  • $0Net charge-offs
  • -$10,757Cash dividends
  • $2,067Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.68%Yield on earning assets
  • 1.43%Cost of funding earning assets
  • 3.25%Net interest margin
  • 14.47%Noninterest income to earning assets
  • 20.49%Noninterest expense to earning assets
  • -2.85%Net operating income to assets
  • -2.85%Return on assets (ROA)
  • -2.85%Pretax return on assets
  • -33.72%Return on equity (ROE)
  • -33.72%Retained earnings to average equity (YTD only)
  • 0.65%Net charge-offs to loans
  • 75.71%Credit loss provision to net charge-offs
  • -4.45%Efficiency ratio
  • 115,642Assets per employee
  • 1.11%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.25%Loss allowance to noncurrent loans
  • 27.65%Noncurrent assets plus other real estate owned to assets
  • 4.81%Noncurrent loans to loans
  • 4.51%Net loans and leases to deposits
  • 111.05%Net loans and leases to core deposits
  • 133.76%Equity capital to assets
  • 7.36%Core capital (leverage) ratio
  • 6.64%Tier 1 risk-based capital ratio
  • 11.45%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $377,538Average earning assets
  • $31,898Average equity
  • $331,649Average loans

List of branches

  • 3 New Jersey Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0360575Grand Bank, National AssociationOne Edinburg Road, Hamilton, NJ 8619March 01, 2002Full Service Brick and Mortar
    2478889Hamilton Square Office Branch1905 Route 33, Suite 2, Hamilton, NJ 8690April 09, 2008Full Service Brick and Mortar
    3505860Route 33 Branch2265 State Highway 33, Hamilton, NJ 8609April 09, 2008Full Service Brick and Mortar

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