Pamrapo Savings Bank, SLA in Bayonne, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 06, 2010

  • Pamrapo Savings Bank, SLA in Bayonne, New Jersey (NJ)
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Pamrapo Savings Bank, SLA - Overview

  • General
  • FDIC Certificate #: 30579
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: BCB Community Bank (#35541)
    Federal Reserve ID: 312271
    Date Established: January 01, 1887
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 5584
    FDIC's unique #: 43413
    Numeric code: 35
    Regulator: OTS
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 18, 1953
    Last Structure Change Effective Date: July 06, 2010
    Last Structure Change Process Date: July 15, 2010
    Last Data Update: July 15, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 611 Avenue C, Bayonne, NJ 7002
    County: Hudson
    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): Jersey City, NJ (#3640)
    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: New York-White Plains-Wayne, NY-NJ (#35644)
  • Financial Summary
  • Total assets: $528.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2009)

  • Dollar figures in thousands
  • 87Total employees (full-time equivalent)
  • $558,536Total assets
  • $21,887Cash and due from depository institutions
  • $14,814Interest-bearing balances
  • $99,801Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $421,668Net loans & leases
  • $4,288Loan loss allowance
  • $0Trading account assets
  • $2,615Bank premises and fixed assets
  • $384Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $12,181All other assets
  • $558,536Total liabilities and capital
  • $510,678Total liabilities
  • $449,337Total deposits
  • $412,256Interest-bearing deposits
  • $449,337Deposits held in domestic offices
  • 89.77%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $51,000Other borrowed funds
  • $0Subordinated debt
  • $10,341All other liabilities
  • $47,858Total equity capital
  • $47,858Total bank equity capital
  • $47,858Perpetual preferred stock
  • $0Common stock
  • $17Surplus
  • $18,474Undivided profits
  • Memoranda
  • $29,367Noncurrent loans and leases
  • $16,856Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $20,248Earning assets
  • $0Long-term assets (5+ years)
  • $2,651Average Assets, year-to-date
  • $536,283Average Assets, quarterly
  • $0Volatile liabilities
  • $580,100Insider loans
  • $565,551FHLB advances
  • $145,796Loans and leases held for sale
  • $2,963Unused loan commitments
  • $51,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $16,856Total unused commitments
  • $1,876Restructured Loans and leases
  • $4,288Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $31,915Total interest income
  • $11,493Total interest expense
  • $20,422Net interest income
  • $4,025Provision for loan and lease losses
  • $1,795Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,795Additional noninterest income
  • $23,610Total noninterest expense
  • $8,466Salaries and employee benefits
  • $2,629Premises and equipment expense
  • $12,515Additional noninterest expense
  • -$5,418Pre-tax net operating income
  • $0Securities gains (losses)
  • -$369Applicable income taxes
  • -$5,049Income before extraordinary items
  • $0Extraordinary gains - net
  • -$5,049Net income attributable to bank
  • $0Net charge-offs
  • -$5,049Cash dividends
  • $3,313Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.74%Yield on earning assets
  • 2.07%Cost of funding earning assets
  • 3.67%Net interest margin
  • 0.32%Noninterest income to earning assets
  • 4.24%Noninterest expense to earning assets
  • -0.87%Net operating income to assets
  • -0.87%Return on assets (ROA)
  • -0.93%Pretax return on assets
  • -10.12%Return on equity (ROE)
  • -10.12%Retained earnings to average equity (YTD only)
  • 0.77%Net charge-offs to loans
  • 121.49%Credit loss provision to net charge-offs
  • -0.42%Efficiency ratio
  • 106,270Assets per employee
  • 6.42%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.01%Loss allowance to noncurrent loans
  • 21.18%Noncurrent assets plus other real estate owned to assets
  • 3.69%Noncurrent loans to loans
  • 4.75%Net loans and leases to deposits
  • 93.84%Net loans and leases to core deposits
  • 118.93%Equity capital to assets
  • 8.57%Core capital (leverage) ratio
  • 8.89%Tier 1 risk-based capital ratio
  • 13.46%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $580,100Average earning assets
  • $49,900Average equity
  • $556,326Average loans

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