Lehigh Savings Bank, SLA in Union, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 28, 1996

  • Lehigh Savings Bank, SLA in Union, New Jersey (NJ)
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Lehigh Savings Bank, SLA - Overview

  • General
  • FDIC Certificate #: 32565
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Union Center National Bank (#6431)
    Federal Reserve ID: 1163340
    Date Established: December 09, 1987
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 8457
    FDIC's unique #: 45399
    Numeric code: 35
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: December 09, 1987
    Last Structure Change Effective Date: June 28, 1996
    Last Structure Change Process Date: July 08, 1996
    Last Data Update: July 08, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 952 Stuyvesant Avenue, Union, NJ 7083
    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)
  • Financial Summary
  • Total assets: $76.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $21Total assets
  • $73,821Cash and due from depository institutions
  • $4,577Interest-bearing balances
  • $3,913Securities
  • $50,337Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $15,740Loan loss allowance
  • $323Trading account assets
  • $0Bank premises and fixed assets
  • $1,856Other real estate owned
  • $209Goodwill and other intangibles
  • $1,102Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $73,821Total liabilities
  • $69,873Total deposits
  • $67,701Interest-bearing deposits
  • $64,007Deposits held in domestic offices
  • 67701.00%% insured (estimated)
  • $99Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,000Subordinated debt
  • $0All other liabilities
  • $172Total equity capital
  • $172Total bank equity capital
  • $3,948Perpetual preferred stock
  • $0Common stock
  • $3,925Surplus
  • $171Undivided profits
  • Memoranda
  • $-148Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $654Income earned, not collected on loans
  • $96Earning assets
  • $69,990Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $78,452Average Assets, quarterly
  • $76,908Volatile liabilities
  • $6,009Insider loans
  • $83FHLB advances
  • $2,000Loans and leases held for sale
  • $0Unused loan commitments
  • $484Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,996Total risk weighted assets
  • $19,990Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,202Total interest expense
  • $3,107Net interest income
  • $2,095Provision for loan and lease losses
  • $70Total noninterest income
  • $248Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $248Total noninterest expense
  • $2,053Salaries and employee benefits
  • $768Premises and equipment expense
  • $404Additional noninterest expense
  • $881Pre-tax net operating income
  • $220Securities gains (losses)
  • $3Applicable income taxes
  • $7Income before extraordinary items
  • $216Extraordinary gains - net
  • $0Net income attributable to bank
  • $216Net charge-offs
  • $58Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.99%Cost of funding earning assets
  • 4.17%Net interest margin
  • 2.81%Noninterest income to earning assets
  • 0.33%Noninterest expense to earning assets
  • 2.76%Net operating income to assets
  • 0.27%Return on assets (ROA)
  • 0.28%Pretax return on assets
  • 0.28%Return on equity (ROE)
  • 5.63%Retained earnings to average equity (YTD only)
  • 5.63%Net charge-offs to loans
  • 0.35%Credit loss provision to net charge-offs
  • 120.69%Efficiency ratio
  • 87,623Assets per employee
  • 3.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.01%Loss allowance to noncurrent loans
  • 49.39%Noncurrent assets plus other real estate owned to assets
  • 1.17%Noncurrent loans to loans
  • 4.07%Net loans and leases to deposits
  • 23.25%Net loans and leases to core deposits
  • 24.71%Equity capital to assets
  • 5.35%Core capital (leverage) ratio
  • 5.41%Tier 1 risk-based capital ratio
  • 19.99%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $78,452Average earning assets
  • $3,837Average equity
  • $74,470Average loans

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