Metropolitan State Bank in Montville, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 28, 2000

  • Metropolitan State Bank in Montville, New Jersey (NJ)
  • Show street view No street view available for this location

Metropolitan State Bank - Overview

  • General
  • FDIC Certificate #: 27260
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Lakeland Bank (#19953)
    Federal Reserve ID: 1192199
    Date Established: June 04, 1988
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    OTS Docket #: 9937
    FDIC's unique #: 39359
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: June 04, 1988
    Last Structure Change Effective Date: January 28, 2000
    Last Structure Change Process Date: March 21, 2000
    Last Data Update: March 21, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 166 Changebridge Road, Montville, NJ 7045
    County: Morris
    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: $112.2 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 38Total employees (full-time equivalent)
  • $112,232Total assets
  • $3,822Cash and due from depository institutions
  • $216Interest-bearing balances
  • $35,148Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $68,846Net loans & leases
  • $751Loan loss allowance
  • $0Trading account assets
  • $2,365Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,051All other assets
  • $112,232Total liabilities and capital
  • $104,240Total liabilities
  • $90,886Total deposits
  • $65,996Interest-bearing deposits
  • $90,886Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $11,534Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,000Other borrowed funds
  • $0Subordinated debt
  • $820All other liabilities
  • $7,992Total equity capital
  • $7,992Total bank equity capital
  • $7,992Perpetual preferred stock
  • $0Common stock
  • $3,349Surplus
  • $5,299Undivided profits
  • Memoranda
  • $-656Noncurrent loans and leases
  • $16,386Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,449Earning assets
  • $0Long-term assets (5+ years)
  • $398Average Assets, year-to-date
  • $104,210Average Assets, quarterly
  • $60,870Volatile liabilities
  • $108,929Insider loans
  • $113,208FHLB advances
  • $23,410Loans and leases held for sale
  • $2,935Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $16,386Total unused commitments
  • $0Restructured Loans and leases
  • $751Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $7,265Total interest income
  • $2,981Total interest expense
  • $4,284Net interest income
  • $556Provision for loan and lease losses
  • $776Total noninterest income
  • $0Fiduciary activities
  • $361Service charges on deposit accounts
  • $0Trading account gains & fees
  • $415Additional noninterest income
  • $3,693Total noninterest expense
  • $1,965Salaries and employee benefits
  • $403Premises and equipment expense
  • $1,325Additional noninterest expense
  • $811Pre-tax net operating income
  • $19Securities gains (losses)
  • $15Applicable income taxes
  • $815Income before extraordinary items
  • $0Extraordinary gains - net
  • $815Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $502Sale, conversion, retirement of capital stock, net
  • $254Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.30%Yield on earning assets
  • 3.00%Cost of funding earning assets
  • 4.31%Net interest margin
  • 0.78%Noninterest income to earning assets
  • 3.71%Noninterest expense to earning assets
  • 0.73%Net operating income to assets
  • 0.75%Return on assets (ROA)
  • 0.76%Pretax return on assets
  • 9.84%Return on equity (ROE)
  • 6.77%Retained earnings to average equity (YTD only)
  • 0.77%Net charge-offs to loans
  • 110.76%Credit loss provision to net charge-offs
  • 2.72%Efficiency ratio
  • 72,984Assets per employee
  • 2.95%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 31.17%Loss allowance to loans
  • 1.08%Loss allowance to noncurrent loans
  • 30.67%Noncurrent assets plus other real estate owned to assets
  • 2.18%Noncurrent loans to loans
  • 3.52%Net loans and leases to deposits
  • 75.75%Net loans and leases to core deposits
  • 87.14%Equity capital to assets
  • 7.12%Core capital (leverage) ratio
  • 7.74%Tier 1 risk-based capital ratio
  • 12.24%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $108,929Average earning assets
  • $8,285Average equity
  • $99,489Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Metropolitan State Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents