FDIC Certificate #: 34981 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Greater Community Bank (#26480) Federal Reserve ID: 2791795 Date Established: April 27, 1999 WWW:http://www.rockcommunitybank.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 62155 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: April 27, 1999 Last Structure Change Effective Date: January 01, 2006 Last Structure Change Process Date: Febuary 14, 2006 Last Data Update: Febuary 14, 2006 Data Source Date: April 05, 2012
Location
Address: 7 Center Avenue, Little Falls, NJ 7424 County: Passaic 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): Bergen-Passaic, NJ (#875) 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: $73.5 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2005)
Dollar figures in thousands
8Total employees (full-time equivalent)
$73,477Total assets
$4,722Cash and due from depository institutions
$2,659Interest-bearing balances
$1,206Securities
$45,900Federal funds sold & reverse repurchase agreements
$21,022Net loans & leases
$559Loan loss allowance
$0Trading account assets
$140Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$487All other assets
$73,477Total liabilities and capital
$68,153Total liabilities
$67,939Total deposits
$58,244Interest-bearing deposits
$67,939Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$214All other liabilities
$5,324Total equity capital
$5,324Total bank equity capital
$5,324Perpetual preferred stock
$0Common stock
$2,500Surplus
$2,500Undivided profits
Memoranda
$324Noncurrent loans and leases
$6,429Noncurrent 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)
$123Average Assets, year-to-date
$70,787Average Assets, quarterly
$9,760Volatile liabilities
$49,683Insider loans
$60,235FHLB advances
$3,066Loans and leases held for sale
$1,188Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$6,429Total unused commitments
$0Restructured Loans and leases
$376Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$2,120Total interest income
$813Total interest expense
$1,307Net interest income
$15Provision for loan and lease losses
$71Total noninterest income
$0Fiduciary activities
$47Service charges on deposit accounts
$0Trading account gains & fees
$24Additional noninterest income
$824Total noninterest expense
$400Salaries and employee benefits
$153Premises and equipment expense
$271Additional noninterest expense
$539Pre-tax net operating income
$0Securities gains (losses)
$187Applicable income taxes
$352Income before extraordinary items
$0Extraordinary gains - net
$352Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$1Sale, conversion, retirement of capital stock, net
$500Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.50%Yield on earning assets
1.73%Cost of funding earning assets
2.78%Net interest margin
0.15%Noninterest income to earning assets
1.75%Noninterest expense to earning assets
0.71%Net operating income to assets
0.71%Return on assets (ROA)
1.08%Pretax return on assets
6.59%Return on equity (ROE)
-2.77%Retained earnings to average equity (YTD only)
-0.00%Net charge-offs to loans
-1500.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
59,797Assets per employee
9.18%Cash dividends to net income (YTD only)
Condition Ratios (%)
142.05%Loss allowance to loans
2.59%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
30.94%Net loans and leases to core deposits
32.40%Equity capital to assets
7.25%Core capital (leverage) ratio
9.45%Tier 1 risk-based capital ratio
17.94%Total risk-based capital ratio
Memoranda
$19Average assets
$49,683Average earning assets
$5,345Average equity
$47,065Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Rock Community Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: