Roselle Savings Bank in Roselle, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Roselle Savings Bank in Roselle, New Jersey (NJ)
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Roselle Savings Bank - Overview

  • General
  • FDIC Certificate #: 28567
    Status: Active
    Federal Reserve ID: 324274
    Date Established: January 01, 1889
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 1861
    FDIC's unique #: 41401
    Numeric code: 42
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: July 12, 1937
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 235 Chestnut St, Roselle, NJ 7203
    County: Union
    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)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $419.2 mil
    Equity capital: $66.4 mil
    Deposits held in domestic offices: $329.9 mil
    Return on assets (ROA): 0.45% ($1.9 mil)
    Quarterly return on assets: 0.54% ($2.3 mil)
    Return on Equity (ROE): 2.86% ($1.9 mil)
    Quarterly return on equity: 3.39% ($2.2 mil)
    Net income: $1.9 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 0.62% ($2,599.1 mil)
    Quarterly Pretax return on assets: 0.90% ($3,772.9 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, 2011)

  • Dollar figures in thousands
  • 42Total employees (full-time equivalent)
  • $419,215Total assets
  • $30,370Cash and due from depository institutions
  • $29,184Interest-bearing balances
  • $290,654Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $78,943Net loans & leases
  • $607Loan loss allowance
  • $0Trading account assets
  • $897Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $419,215Life insurance assets
  • $18,351All other assets
  • $352,815Total liabilities and capital
  • $329,911Total liabilities
  • $328,732Total deposits
  • $329,911Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 18000.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $4,904Subordinated debt
  • $66,400All other liabilities
  • $66,400Total equity capital
  • $66,400Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $66,400Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $458Income earned, not collected on loans
  • $0Earning assets
  • $1,467Long-term assets (5+ years)
  • $398,781Average Assets, year-to-date
  • $267,601Average Assets, quarterly
  • $412,984Volatile liabilities
  • $417,658Insider loans
  • $105,693FHLB advances
  • $415,340Loans and leases held for sale
  • $11,872Unused loan commitments
  • $5,899Tier 1 (core) risk-based capital
  • $61,914Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $5,973Total unused commitments
  • $508Restructured Loans and leases
  • $295Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $13,098Total interest income
  • $4,560Total interest expense
  • $8,538Net interest income
  • $824Provision for loan and lease losses
  • $917Total noninterest income
  • $0Fiduciary activities
  • $18Service charges on deposit accounts
  • $0Trading account gains & fees
  • $899Additional noninterest income
  • $6,268Total noninterest expense
  • $3,589Salaries and employee benefits
  • $590Premises and equipment expense
  • $2,089Additional noninterest expense
  • $2,363Pre-tax net operating income
  • $186Securities gains (losses)
  • $692Applicable income taxes
  • $1,857Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,857Net income attributable to bank
  • $0Net charge-offs
  • $1,857Cash dividends
  • $1,579Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.35%Yield on earning assets
  • 1.17%Cost of funding earning assets
  • 2.18%Net interest margin
  • 0.23%Noninterest income to earning assets
  • 1.60%Noninterest expense to earning assets
  • 0.42%Net operating income to assets
  • 0.45%Return on assets (ROA)
  • 0.62%Pretax return on assets
  • 2.86%Return on equity (ROE)
  • 2.86%Retained earnings to average equity (YTD only)
  • 1.95%Net charge-offs to loans
  • 52.18%Credit loss provision to net charge-offs
  • 2.02%Efficiency ratio
  • 66,293Assets per employee
  • 9.98%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.76%Loss allowance to noncurrent loans
  • 132.53%Noncurrent assets plus other real estate owned to assets
  • 0.11%Noncurrent loans to loans
  • 0.58%Net loans and leases to deposits
  • 23.93%Net loans and leases to core deposits
  • 24.59%Equity capital to assets
  • 15.84%Core capital (leverage) ratio
  • 14.91%Tier 1 risk-based capital ratio
  • 58.58%Total risk-based capital ratio
  • Memoranda
  • $59Average assets
  • $412,984Average earning assets
  • $64,995Average equity
  • $391,323Average loans

List of branches

  • 4 New Jersey Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041401Roselle Savings Bank235 Chestnut St, Roselle, NJ 7203January 01, 1889Full Service Brick and Mortar
    1004349314 Morristown Rd Branch14 Morristown Rd, Bernardsville, NJ 7924January 01, 1920Full Service Brick and Mortar
    101268573118 W Main St Branch118 W Main St, High Bridge, NJ 8829January 01, 1889Full Service Brick and Mortar
    102268574655 Raritan Road Branch655 Raritan Road, Cranford, NJ 7016January 19, 1995Full Service Brick and Mortar

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