New Jersey Community Bank in Freehold, New Jersey (NJ)



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New Jersey Community Bank routing number info

Table of contents:
New Jersey Community Bank
GeneralFDIC Certificate #: 58664
Status: Active
Federal Reserve ID: 3654712
Date Established: July 01, 2008
WWW: http://www.njcbk.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 462081
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: 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: Commercial Lending Specialization
Date of Deposit Insurance: July 01, 2008
Last Structure Change Effective Date: December 01, 2011
Last Structure Change Process Date: December 13, 2011
Last Data Update: December 13, 2011
Data Source Date: April 05, 2012
LocationAddress: 3441 Highway 9, Freehold, NJ 7728
County: Monmouth
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): Monmouth-Ocean, NJ (#5190)
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)
Financial SummaryTotal assets: $132.0 mil
Equity capital: $15.3 mil
Deposits held in domestic offices: $116.4 mil
Return on assets (ROA): 0.44% ($0.6 mil)
Quarterly return on assets: 0.42% ($0.6 mil)
Return on Equity (ROE): 3.69% ($0.6 mil)
Quarterly return on equity: 3.62% ($0.5 mil)
Net income: $0.6 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.77% ($1,016.5 mil)
Quarterly Pretax return on assets: 0.65% ($858.1 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)
Total employees (full-time equivalent)25
Total assets$132,018
Cash and due from depository institutions$15,742
Interest-bearing balances$14,223
Securities$20,188
Federal funds sold & reverse repurchase agreements$5,325
Net loans & leases$86,756
Loan loss allowance $1,101
Trading account assets$0
Bank premises and fixed assets$2,586
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$1,421
Life insurance assets$132,018
Total liabilities and capital$116,724
Total liabilities$116,417
Total deposits$110,337
Interest-bearing deposits$116,417
Deposits held in domestic offices$86
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $307
All other liabilities $15,294
Total equity capital$15,294
Total bank equity capital$15,294
Perpetual preferred stock$0
Common stock$3,462
Surplus$13,930
Undivided profits $-2,098
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $1,013
Earning assets $0
Long-term assets (5+ years) $363
Average Assets, year-to-date $126,492
Average Assets, quarterly $29,479
Volatile liabilities $124,531
Insider loans $130,686
FHLB advances $97,033
Loans and leases held for sale $129,694
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $14,796
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $11,090
Derivatives$3,266
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $5,896
Total interest expense $1,459
Net interest income $4,437
Provision for loan and lease losses $244
Total noninterest income $451
Fiduciary activities $0
Service charges on deposit accounts $345
Trading account gains & fees $0
Additional noninterest income $106
Total noninterest expense $3,685
Salaries and employee benefits $2,107
Premises and equipment expense $644
Additional noninterest expense $934
Pre-tax net operating income $959
Securities gains (losses) $0
Applicable income taxes $407
Income before extraordinary items $552
Extraordinary gains - net $0
Net income attributable to bank $552
Net charge-offs $0
Cash dividends $552
Sale, conversion, retirement of capital stock, net $118
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.95%
Cost of funding earning assets 1.23%
Net interest margin 3.73%
Noninterest income to earning assets 0.38%
Noninterest expense to earning assets 3.10%
Net operating income to assets 0.44%
Return on assets (ROA) 0.44%
Pretax return on assets 0.77%
Return on equity (ROE) 3.69%
Retained earnings to average equity (YTD only) 3.69%
Net charge-offs to loans 0.14%
Credit loss provision to net charge-offs 206.78%
Efficiency ratio10.19%
Assets per employee$75,389
Cash dividends to net income (YTD only)5.28%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.25%
Noncurrent assets plus other real estate owned to assets 108.69%
Noncurrent loans to loans 0.77%
Net loans and leases to deposits1.15%
Net loans and leases to core deposits 74.52%
Equity capital to assets 85.41%
Core capital (leverage) ratio 11.58%
Tier 1 risk-based capital ratio 11.41%
Total risk-based capital ratio 15.25%
Memoranda
Average assets$16
Average earning assets$124,531
Average equity $14,968
Average loans $118,996
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3 New Jersey Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0462081New Jersey Community Bank3441 Highway 9, Freehold, NJ 7728July 01, 2008Full Service Brick and Mortar
1492808Neptune City Branch118 Third Avenue, Neptune City, NJ 7753July 06, 2009Full Service Brick and Mortar
2520598Cranbury Branch68 South Main Street, Cranbury, NJ 8512June 09, 2011Full Service Brick and Mortar
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