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

  • Metuchen Savings Bank in Metuchen, New Jersey (NJ)
  • Show street view No street view available for this location

Metuchen Savings Bank - Overview

  • General
  • FDIC Certificate #: 30099
    Status: Active
    Federal Reserve ID: 849777
    Date Established: January 01, 1897
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 4742
    FDIC's unique #: 42933
    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: Mortgage Lending Specialization
    Date of Deposit Insurance: December 30, 1960
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 429 Main St, Metuchen, NJ 8840
    County: Middlesex
    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): Middlesex-Somerset-Hunterdon, NJ (#5015)
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $268.0 mil
    Equity capital: $27.4 mil
    Deposits held in domestic offices: $229.0 mil
    Return on assets (ROA): 0.30% ($0.8 mil)
    Quarterly return on assets: 0.15% ($0.4 mil)
    Return on Equity (ROE): 3.32% ($0.9 mil)
    Quarterly return on equity: 1.50% ($0.4 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.17% ($455.7 mil)
    Quarterly Pretax return on assets: 0.26% ($696.9 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
  • 47Total employees (full-time equivalent)
  • $268,046Total assets
  • $20,460Cash and due from depository institutions
  • $19,745Interest-bearing balances
  • $102,360Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $135,485Net loans & leases
  • $1,297Loan loss allowance
  • $0Trading account assets
  • $3,616Bank premises and fixed assets
  • $1,328Other real estate owned
  • $94Goodwill and other intangibles
  • $268,046Life insurance assets
  • $4,703All other assets
  • $240,613Total liabilities and capital
  • $228,972Total liabilities
  • $218,145Total deposits
  • $228,972Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $9,994Trading liabilities
  • $0Other borrowed funds
  • $1,647Subordinated debt
  • $27,433All other liabilities
  • $27,433Total equity capital
  • $27,433Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $0Surplus
  • $27,233Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $240Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $902Income earned, not collected on loans
  • $0Earning assets
  • $977Long-term assets (5+ years)
  • $257,590Average Assets, year-to-date
  • $181,921Average Assets, quarterly
  • $274,802Volatile liabilities
  • $269,581Insider loans
  • $112,988FHLB advances
  • $265,979Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $26,886Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $11,994Restructured Loans and leases
  • $722Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,397Total interest income
  • $2,293Total interest expense
  • $8,104Net interest income
  • $838Provision for loan and lease losses
  • $445Total noninterest income
  • $0Fiduciary activities
  • $81Service charges on deposit accounts
  • $0Trading account gains & fees
  • $364Additional noninterest income
  • $7,304Total noninterest expense
  • $3,692Salaries and employee benefits
  • $575Premises and equipment expense
  • $3,037Additional noninterest expense
  • $407Pre-tax net operating income
  • $67Securities gains (losses)
  • -$355Applicable income taxes
  • $829Income before extraordinary items
  • $0Extraordinary gains - net
  • $829Net income attributable to bank
  • $0Net charge-offs
  • $829Cash dividends
  • $916Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.94%Yield on earning assets
  • 0.87%Cost of funding earning assets
  • 3.07%Net interest margin
  • 0.17%Noninterest income to earning assets
  • 2.77%Noninterest expense to earning assets
  • 0.28%Net operating income to assets
  • 0.30%Return on assets (ROA)
  • 0.17%Pretax return on assets
  • 3.32%Return on equity (ROE)
  • 3.32%Retained earnings to average equity (YTD only)
  • 0.67%Net charge-offs to loans
  • 91.48%Credit loss provision to net charge-offs
  • 1.36%Efficiency ratio
  • 85,437Assets per employee
  • 5.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.95%Loss allowance to noncurrent loans
  • 143.79%Noncurrent assets plus other real estate owned to assets
  • 0.83%Noncurrent loans to loans
  • 0.66%Net loans and leases to deposits
  • 59.17%Net loans and leases to core deposits
  • 60.80%Equity capital to assets
  • 10.23%Core capital (leverage) ratio
  • 10.11%Tier 1 risk-based capital ratio
  • 23.80%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $274,802Average earning assets
  • $24,953Average equity
  • $263,782Average loans

List of branches

  • 2 New Jersey Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042933Metuchen Savings Bank429 Main St, Metuchen, NJ 8840January 01, 1897Full Service Brick and Mortar
    1418909Metuchen Branch442 Main Street, Metuchen, NJ 8840April 21, 2003Full Service Brick and Mortar

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 Metuchen Savings 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