New Jersey Community Bank in Freehold, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches


New Jersey Community Bank - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Summary
  • Total 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
  • 25Total employees (full-time equivalent)
  • $132,018Total assets
  • $15,742Cash and due from depository institutions
  • $14,223Interest-bearing balances
  • $20,188Securities
  • $5,325Federal funds sold & reverse repurchase agreements
  • $86,756Net loans & leases
  • $1,101Loan loss allowance
  • $0Trading account assets
  • $2,586Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $132,018Life insurance assets
  • $1,421All other assets
  • $116,724Total liabilities and capital
  • $116,417Total liabilities
  • $110,337Total deposits
  • $116,417Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $307Subordinated debt
  • $15,294All other liabilities
  • $15,294Total equity capital
  • $15,294Total bank equity capital
  • $0Perpetual preferred stock
  • $3,462Common stock
  • $13,930Surplus
  • $-2,098Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,013Income earned, not collected on loans
  • $0Earning assets
  • $363Long-term assets (5+ years)
  • $126,492Average Assets, year-to-date
  • $29,479Average Assets, quarterly
  • $124,531Volatile liabilities
  • $130,686Insider loans
  • $97,033FHLB advances
  • $129,694Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $14,796Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $11,090Restructured Loans and leases
  • $3,266Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,896Total interest income
  • $1,459Total interest expense
  • $4,437Net interest income
  • $244Provision for loan and lease losses
  • $451Total noninterest income
  • $0Fiduciary activities
  • $345Service charges on deposit accounts
  • $0Trading account gains & fees
  • $106Additional noninterest income
  • $3,685Total noninterest expense
  • $2,107Salaries and employee benefits
  • $644Premises and equipment expense
  • $934Additional noninterest expense
  • $959Pre-tax net operating income
  • $0Securities gains (losses)
  • $407Applicable income taxes
  • $552Income before extraordinary items
  • $0Extraordinary gains - net
  • $552Net income attributable to bank
  • $0Net charge-offs
  • $552Cash dividends
  • $118Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.95%Yield on earning assets
  • 1.23%Cost of funding earning assets
  • 3.73%Net interest margin
  • 0.38%Noninterest income to earning assets
  • 3.10%Noninterest expense to earning assets
  • 0.44%Net operating income to assets
  • 0.44%Return on assets (ROA)
  • 0.77%Pretax return on assets
  • 3.69%Return on equity (ROE)
  • 3.69%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 206.78%Credit loss provision to net charge-offs
  • 10.19%Efficiency ratio
  • 75,389Assets per employee
  • 5.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.25%Loss allowance to noncurrent loans
  • 108.69%Noncurrent assets plus other real estate owned to assets
  • 0.77%Noncurrent loans to loans
  • 1.15%Net loans and leases to deposits
  • 74.52%Net loans and leases to core deposits
  • 85.41%Equity capital to assets
  • 11.58%Core capital (leverage) ratio
  • 11.41%Tier 1 risk-based capital ratio
  • 15.25%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $124,531Average earning assets
  • $14,968Average equity
  • $118,996Average loans

List of branches

  • 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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