RomAsia Bank in Monmouth Junction, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • RomAsia Bank in Monmouth Junction, New Jersey (NJ)
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RomAsia Bank - Overview

  • General
  • FDIC Certificate #: 58702
    Status: Active
    Federal Reserve ID: 3793787
    Date Established: June 23, 2008
    WWW: http://www.romasiabank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 18057
    FDIC's unique #: 463204
    Numeric code: 33
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: June 23, 2008
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 4287 Us Highway 1, Monmouth Junction, NJ 8852
    County: Middlesex
    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): Middlesex-Somerset-Hunterdon, NJ (#5015)
    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)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $136.8 mil
    Equity capital: $15.7 mil
    Deposits held in domestic offices: $109.9 mil
    Return on assets (ROA): 0.11% ($0.2 mil)
    Quarterly return on assets: 0.19% ($0.3 mil)
    Return on Equity (ROE): 1.12% ($0.2 mil)
    Quarterly return on equity: 1.80% ($0.3 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.20% ($273.6 mil)
    Quarterly Pretax return on assets: 0.34% ($465.1 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
  • 24Total employees (full-time equivalent)
  • $136,783Total assets
  • $6,402Cash and due from depository institutions
  • $2,567Interest-bearing balances
  • $67,406Securities
  • $2,500Federal funds sold & reverse repurchase agreements
  • $57,534Net loans & leases
  • $576Loan loss allowance
  • $0Trading account assets
  • $923Bank premises and fixed assets
  • $0Other real estate owned
  • $8Goodwill and other intangibles
  • $136,783Life insurance assets
  • $2,010All other assets
  • $121,048Total liabilities and capital
  • $109,937Total liabilities
  • $106,434Total deposits
  • $109,937Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $10,316Trading liabilities
  • $0Other borrowed funds
  • $795Subordinated debt
  • $15,735All other liabilities
  • $15,735Total equity capital
  • $15,735Total bank equity capital
  • $0Perpetual preferred stock
  • $2,650Common stock
  • $15,083Surplus
  • $-1,998Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,905Income earned, not collected on loans
  • $0Earning assets
  • $480Long-term assets (5+ years)
  • $130,007Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $132,686Volatile liabilities
  • $134,878Insider loans
  • $68,515FHLB advances
  • $135,915Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $14,867Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $15,235Restructured Loans and leases
  • $1,416Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,558Total interest income
  • $1,773Total interest expense
  • $3,785Net interest income
  • $24Provision for loan and lease losses
  • $54Total noninterest income
  • $0Fiduciary activities
  • $6Service charges on deposit accounts
  • $0Trading account gains & fees
  • $48Additional noninterest income
  • $3,664Total noninterest expense
  • $1,812Salaries and employee benefits
  • $1,181Premises and equipment expense
  • $671Additional noninterest expense
  • $151Pre-tax net operating income
  • $109Securities gains (losses)
  • $111Applicable income taxes
  • $149Income before extraordinary items
  • $0Extraordinary gains - net
  • $149Net income attributable to bank
  • $0Net charge-offs
  • $149Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.36%Yield on earning assets
  • 1.39%Cost of funding earning assets
  • 2.97%Net interest margin
  • 0.04%Noninterest income to earning assets
  • 2.88%Noninterest expense to earning assets
  • 0.06%Net operating income to assets
  • 0.11%Return on assets (ROA)
  • 0.20%Pretax return on assets
  • 1.12%Return on equity (ROE)
  • 1.12%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
  • 95,442Assets per employee
  • 5.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.99%Loss allowance to noncurrent loans
  • 30.24%Noncurrent assets plus other real estate owned to assets
  • 1.39%Noncurrent loans to loans
  • 3.28%Net loans and leases to deposits
  • 52.33%Net loans and leases to core deposits
  • 55.14%Equity capital to assets
  • 11.50%Core capital (leverage) ratio
  • 10.94%Tier 1 risk-based capital ratio
  • 21.70%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $132,686Average earning assets
  • $13,335Average equity
  • $127,412Average loans

List of branches

  • 2 New Jersey Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    0463204Romasia Bank4287 Us Highway 1, Monmouth Junction, NJ 8852June 23, 2008Full Service Brick and Mortar
    1520220Edison Branch561 Us Hwy 1, Edison, NJ 8817June 05, 2010Full Service Brick and Mortar

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