N.J.M. Bank, FSB in West Trenton, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • N.J.M. Bank, FSB in West Trenton, New Jersey (NJ)
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N.J.M. Bank, FSB - Overview

  • General
  • FDIC Certificate #: 35057
    Status: Active
    Federal Reserve ID: 2846761
    Date Established: September 08, 1999
    WWW: http://www.njmbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 15263
    FDIC's unique #: 74361
    Numeric code: 33
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: September 08, 1999
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 301 Sullivan Way, West Trenton, NJ 8628
    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)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $635.9 mil
    Equity capital: $52.5 mil
    Deposits held in domestic offices: $509.2 mil
    Return on assets (ROA): 0.51% ($3.2 mil)
    Quarterly return on assets: 1.05% ($6.7 mil)
    Return on Equity (ROE): 6.22% ($3.3 mil)
    Quarterly return on equity: 12.74% ($6.8 mil)
    Net income: $3.1 mil
    Quarterly Net income: $1.7 mil
    Pretax return on assets: 0.54% ($3,433.7 mil)
    Quarterly Pretax return on assets: 0.69% ($4,387.5 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
  • 58Total employees (full-time equivalent)
  • $635,867Total assets
  • $86,152Cash and due from depository institutions
  • $83,913Interest-bearing balances
  • $242,377Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $299,323Net loans & leases
  • $1,429Loan loss allowance
  • $0Trading account assets
  • $314Bank premises and fixed assets
  • $87Other real estate owned
  • $28Goodwill and other intangibles
  • $635,867Life insurance assets
  • $7,586All other assets
  • $583,328Total liabilities and capital
  • $509,178Total liabilities
  • $491,901Total deposits
  • $509,178Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $71,149Trading liabilities
  • $0Other borrowed funds
  • $3,001Subordinated debt
  • $52,539All other liabilities
  • $52,539Total equity capital
  • $52,539Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $37,499Surplus
  • $15,039Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,341Income earned, not collected on loans
  • $0Earning assets
  • $1,953Long-term assets (5+ years)
  • $625,613Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $610,250Volatile liabilities
  • $632,850Insider loans
  • $247,822FHLB advances
  • $632,642Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $50,585Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $40,388Restructured Loans and leases
  • $581Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $21,263Total interest income
  • $9,942Total interest expense
  • $11,321Net interest income
  • $610Provision for loan and lease losses
  • $742Total noninterest income
  • $0Fiduciary activities
  • $348Service charges on deposit accounts
  • $0Trading account gains & fees
  • $394Additional noninterest income
  • $8,863Total noninterest expense
  • $5,455Salaries and employee benefits
  • $822Premises and equipment expense
  • $2,586Additional noninterest expense
  • $2,590Pre-tax net operating income
  • $696Securities gains (losses)
  • $181Applicable income taxes
  • $3,105Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,105Net income attributable to bank
  • $0Net charge-offs
  • $3,105Cash dividends
  • $674Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.58%Yield on earning assets
  • 1.67%Cost of funding earning assets
  • 1.91%Net interest margin
  • 0.12%Noninterest income to earning assets
  • 1.49%Noninterest expense to earning assets
  • 0.40%Net operating income to assets
  • 0.51%Return on assets (ROA)
  • 0.54%Pretax return on assets
  • 6.22%Return on equity (ROE)
  • 6.22%Retained earnings to average equity (YTD only)
  • 0.22%Net charge-offs to loans
  • 90.50%Credit loss provision to net charge-offs
  • 4.75%Efficiency ratio
  • 72,229Assets per employee
  • 10.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.48%Loss allowance to noncurrent loans
  • 22.54%Noncurrent assets plus other real estate owned to assets
  • 1.01%Noncurrent loans to loans
  • 2.11%Net loans and leases to deposits
  • 58.79%Net loans and leases to core deposits
  • 61.86%Equity capital to assets
  • 8.26%Core capital (leverage) ratio
  • 8.00%Tier 1 risk-based capital ratio
  • 20.41%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $610,250Average earning assets
  • $49,894Average equity
  • $594,069Average loans

List of branches

  • 3 New Jersey Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    074361N.J.m. Bank, Fsb301 Sullivan Way, West Trenton, NJ 8628September 08, 1999Full Service Brick and Mortar
    2448956Parsippany Branch1699 Littleton Road, Parsippany, NJ 7054November 04, 2002Full Service Brick and Mortar
    3516707Hammonton Branch840 12th Street, Hammonton, NJ 8037January 03, 2011Full Service Brick and Mortar

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