Minotola National Bank in Vineland, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 22, 2006

  • Minotola National Bank in Vineland, New Jersey (NJ)
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Minotola National Bank - Overview

  • General
  • FDIC Certificate #: 6480
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Susquehanna Bank DV (#6443)
    Federal Reserve ID: 680617
    Date Established: September 04, 1913
    WWW: http://www.minotolabank.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 15 (Interstate: No)
    OTS Docket #: 8807
    FDIC's unique #: 4332
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: April 22, 2006
    Last Structure Change Process Date: June 29, 2006
    Last Data Update: June 29, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1748 South Lincoln Avenue, Vineland, NJ 8360
    County: Cumberland
    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): Vineland-Millville-Bridgeton, NJ (#8760)
    Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77)
    Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428)
    Core Based Statistical Area (CBSA): Vineland-Millville-Bridgeton, NJ (#47220)
    CBSA Metro Statistical Area: Vineland-Millville-Bridgeton, NJ (#47220)
  • Financial Summary
  • Total assets: $632.0 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, 2005)

  • Dollar figures in thousands
  • 258Total employees (full-time equivalent)
  • $633,098Total assets
  • $26,257Cash and due from depository institutions
  • $1,314Interest-bearing balances
  • $61,598Securities
  • $36,525Federal funds sold & reverse repurchase agreements
  • $484,063Net loans & leases
  • $5,071Loan loss allowance
  • $0Trading account assets
  • $16,648Bank premises and fixed assets
  • $0Other real estate owned
  • $1,057Goodwill and other intangibles
  • $0Life insurance assets
  • $6,950All other assets
  • $633,098Total liabilities and capital
  • $551,980Total liabilities
  • $547,831Total deposits
  • $405,228Interest-bearing deposits
  • $547,831Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $46Other borrowed funds
  • $0Subordinated debt
  • $4,103All other liabilities
  • $81,118Total equity capital
  • $81,118Total bank equity capital
  • $81,118Perpetual preferred stock
  • $0Common stock
  • $3,580Surplus
  • $3,798Undivided profits
  • Memoranda
  • $73,740Noncurrent loans and leases
  • $134,503Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,125Earning assets
  • $18Long-term assets (5+ years)
  • $2,248Average Assets, year-to-date
  • $583,500Average Assets, quarterly
  • $43,591Volatile liabilities
  • $613,659Insider loans
  • $628,266FHLB advances
  • $59,465Loans and leases held for sale
  • $672Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,113Total risk weighted assets
  • $134,503Total unused commitments
  • $0Restructured Loans and leases
  • $5,596Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $34,022Total interest income
  • $6,308Total interest expense
  • $27,714Net interest income
  • $41Provision for loan and lease losses
  • $6,691Total noninterest income
  • $0Fiduciary activities
  • $1,649Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5,042Additional noninterest income
  • $24,103Total noninterest expense
  • $13,036Salaries and employee benefits
  • $3,513Premises and equipment expense
  • $7,554Additional noninterest expense
  • $10,261Pre-tax net operating income
  • $8Securities gains (losses)
  • $3,952Applicable income taxes
  • $6,317Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,317Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $92Sale, conversion, retirement of capital stock, net
  • $3,270Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.99%Yield on earning assets
  • 1.11%Cost of funding earning assets
  • 4.88%Net interest margin
  • 1.18%Noninterest income to earning assets
  • 4.24%Noninterest expense to earning assets
  • 1.03%Net operating income to assets
  • 1.03%Return on assets (ROA)
  • 1.67%Pretax return on assets
  • 7.91%Return on equity (ROE)
  • 3.82%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 44.57%Credit loss provision to net charge-offs
  • 111.98%Efficiency ratio
  • 69,903Assets per employee
  • 2.45%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 51.77%Loss allowance to loans
  • 1.04%Loss allowance to noncurrent loans
  • 450.76%Noncurrent assets plus other real estate owned to assets
  • 0.18%Noncurrent loans to loans
  • 0.23%Net loans and leases to deposits
  • 88.36%Net loans and leases to core deposits
  • 99.12%Equity capital to assets
  • 12.81%Core capital (leverage) ratio
  • 12.84%Tier 1 risk-based capital ratio
  • 15.11%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $613,659Average earning assets
  • $79,817Average equity
  • $567,929Average loans

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