New Jersey National Bank in Philadelphia, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 06, 1996

  • New Jersey National Bank in Philadelphia, Pennsylvania (PA)
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New Jersey National Bank - Overview

  • General
  • FDIC Certificate #: 6500
    Status: Inactive
    Closing history: Change in Location
    Acquiring institution: Corestates Bank, National Association (#719)
    Federal Reserve ID: 748713
    Date Established: January 01, 1804
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 186 (Interstate: No)
    FDIC's unique #: 4346
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: December 06, 1996
    Last Structure Change Process Date: December 12, 1996
    Last Data Update: December 12, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: Broad And Chestnut Street, Philadelphia, PA 19107
    County: Philadelphia
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Philadelphia
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Philadelphia, PA-NJ (#6160)
    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): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    Core Based Statistical Division: Philadelphia, PA (#37964)
  • History of Changes
  • Merger - Without Assistance
    Corrections
    Change NONGEOFLDOFF from Default
    Change in Location
  • Financial Summary
  • Total assets: $7,954.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $1,570Total assets
  • $6,245,047Cash and due from depository institutions
  • $471,629Interest-bearing balances
  • $9,594Securities
  • $623,536Federal funds sold & reverse repurchase agreements
  • $1,704,000Net loans & leases
  • $3,112,965Loan loss allowance
  • $121,166Trading account assets
  • $0Bank premises and fixed assets
  • $75,048Other real estate owned
  • $15,171Goodwill and other intangibles
  • $221,751Life insurance assets
  • $20,947All other assets
  • $0Total liabilities and capital
  • $6,245,047Total liabilities
  • $5,762,579Total deposits
  • $5,522,774Interest-bearing deposits
  • $4,253,442Deposits held in domestic offices
  • 5522774.00%% insured (estimated)
  • $82Federal funds purchased & repurchase agreements
  • $12,739Trading liabilities
  • $0Other borrowed funds
  • $13,733Subordinated debt
  • $75,000All other liabilities
  • $138,333Total equity capital
  • $138,333Total bank equity capital
  • $482,468Perpetual preferred stock
  • $0Common stock
  • $34,588Surplus
  • $236,048Undivided profits
  • Memoranda
  • $211,832Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $66,159Income earned, not collected on loans
  • $21,107Earning assets
  • $5,450,095Long-term assets (5+ years)
  • $323,736Average Assets, year-to-date
  • $6,203,756Average Assets, quarterly
  • $6,172,420Volatile liabilities
  • $172,217Insider loans
  • $77,617FHLB advances
  • $0Loans and leases held for sale
  • $33,453Unused loan commitments
  • $309,714Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $460,593Total risk weighted assets
  • $3,815,063Total unused commitments
  • $0Restructured Loans and leases
  • $2,173,785Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $421,751Total interest expense
  • $133,772Net interest income
  • $287,979Provision for loan and lease losses
  • $12,600Total noninterest income
  • $57,973Fiduciary activities
  • $12,762Service charges on deposit accounts
  • $32,839Trading account gains & fees
  • $0Additional noninterest income
  • $12,372Total noninterest expense
  • $213,389Salaries and employee benefits
  • $59,466Premises and equipment expense
  • $25,720Additional noninterest expense
  • $128,203Pre-tax net operating income
  • $119,963Securities gains (losses)
  • $18Applicable income taxes
  • $48,962Income before extraordinary items
  • $71,019Extraordinary gains - net
  • $0Net income attributable to bank
  • $71,019Net charge-offs
  • $4,121Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.62%Cost of funding earning assets
  • 2.42%Net interest margin
  • 5.20%Noninterest income to earning assets
  • 1.05%Noninterest expense to earning assets
  • 3.85%Net operating income to assets
  • 1.14%Return on assets (ROA)
  • 1.14%Pretax return on assets
  • 1.93%Return on equity (ROE)
  • 16.23%Retained earnings to average equity (YTD only)
  • 16.23%Net charge-offs to loans
  • 0.13%Credit loss provision to net charge-offs
  • 305.75%Efficiency ratio
  • 60,579Assets per employee
  • 3.98%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.75%Loss allowance to noncurrent loans
  • 183.14%Noncurrent assets plus other real estate owned to assets
  • 1.30%Noncurrent loans to loans
  • 2.05%Net loans and leases to deposits
  • 56.37%Net loans and leases to core deposits
  • 57.89%Equity capital to assets
  • 7.73%Core capital (leverage) ratio
  • 7.57%Tier 1 risk-based capital ratio
  • 12.07%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $6,203,756Average earning assets
  • $437,704Average equity
  • $5,537,221Average loans

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