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

This bank is inactive as of December 31, 2008

  • Noble Community Bank in Sparta, New Jersey (NJ)
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Noble Community Bank - Overview

  • General
  • FDIC Certificate #: 57837
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Highlands State Bank (#58048)
    Federal Reserve ID: 3376144
    Date Established: August 29, 2005
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 427730
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: August 29, 2005
    Last Structure Change Effective Date: December 31, 2008
    Last Structure Change Process Date: January 23, 2009
    Last Data Update: January 23, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 351 Sparta Avenue, Sparta, NJ 7871
    County: Sussex
    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): Newark, NJ (#5640)
    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: Newark-Union, NJ-PA (#35084)
  • Financial Summary
  • Total assets: $44.9 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, 2007)

  • Dollar figures in thousands
  • 13Total employees (full-time equivalent)
  • $35,051Total assets
  • $5,648Cash and due from depository institutions
  • $5,140Interest-bearing balances
  • $4,003Securities
  • $2,950Federal funds sold & reverse repurchase agreements
  • $21,330Net loans & leases
  • $256Loan loss allowance
  • $0Trading account assets
  • $804Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $316All other assets
  • $35,051Total liabilities and capital
  • $29,164Total liabilities
  • $28,925Total deposits
  • $26,566Interest-bearing deposits
  • $28,925Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $239All other liabilities
  • $5,887Total equity capital
  • $5,887Total bank equity capital
  • $5,887Perpetual preferred stock
  • $0Common stock
  • $4,359Surplus
  • $4,320Undivided profits
  • Memoranda
  • $-2,792Noncurrent loans and leases
  • $6,956Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $183Average Assets, year-to-date
  • $33,423Average Assets, quarterly
  • $9,686Volatile liabilities
  • $32,290Insider loans
  • $34,564FHLB advances
  • $6,242Loans and leases held for sale
  • $1,904Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $6,956Total unused commitments
  • $0Restructured Loans and leases
  • $256Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $1,981Total interest income
  • $1,108Total interest expense
  • $873Net interest income
  • $87Provision for loan and lease losses
  • $19Total noninterest income
  • $0Fiduciary activities
  • $14Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5Additional noninterest income
  • $1,714Total noninterest expense
  • $824Salaries and employee benefits
  • $379Premises and equipment expense
  • $511Additional noninterest expense
  • -$909Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$909Income before extraordinary items
  • $0Extraordinary gains - net
  • -$909Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.42%Yield on earning assets
  • 3.59%Cost of funding earning assets
  • 2.83%Net interest margin
  • 0.06%Noninterest income to earning assets
  • 5.56%Noninterest expense to earning assets
  • -2.82%Net operating income to assets
  • -2.82%Return on assets (ROA)
  • -2.82%Pretax return on assets
  • -14.41%Return on equity (ROE)
  • -14.41%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 192,152Assets per employee
  • 2.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.19%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 73.74%Net loans and leases to core deposits
  • 94.04%Equity capital to assets
  • 16.80%Core capital (leverage) ratio
  • 17.25%Tier 1 risk-based capital ratio
  • 23.43%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $32,290Average earning assets
  • $6,308Average equity
  • $30,838Average loans

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