South Jersey Savings and Loan Association in Turnersville, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 01, 2000

  • South Jersey Savings and Loan Association in Turnersville, New Jersey (NJ)
  • Show street view No street view available for this location

South Jersey Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 30456
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Richmond County Savings Bank (#16027)
    Federal Reserve ID: 458076
    Date Established: January 01, 1925
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 5377
    FDIC's unique #: 43290
    Numeric code: 35
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: March 23, 1950
    Last Structure Change Effective Date: August 01, 2000
    Last Structure Change Process Date: November 08, 2000
    Last Data Update: November 08, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 4651 Route 42, Turnersville, NJ 8012
    County: Gloucester
    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): Philadelphia, PA-NJ (#6160)
    Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77)
    Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428)
    Core Based Statistical Area (CBSA): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    Core Based Statistical Division: Camden, NJ (#15804)
  • Financial Summary
  • Total assets: $310.1 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 69Total employees (full-time equivalent)
  • $321,347Total assets
  • $3,803Cash and due from depository institutions
  • $396Interest-bearing balances
  • $161,275Securities
  • $350Federal funds sold & reverse repurchase agreements
  • $147,658Net loans & leases
  • $1,043Loan loss allowance
  • $0Trading account assets
  • $2,922Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $5,339All other assets
  • $321,347Total liabilities and capital
  • $277,242Total liabilities
  • $239,009Total deposits
  • $231,762Interest-bearing deposits
  • $239,009Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $37,074Other borrowed funds
  • $0Subordinated debt
  • $1,159All other liabilities
  • $44,105Total equity capital
  • $44,105Total bank equity capital
  • $44,105Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $15,363Undivided profits
  • Memoranda
  • $28,741Noncurrent loans and leases
  • $5,250Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $217Earning assets
  • $0Long-term assets (5+ years)
  • $776Average Assets, year-to-date
  • $309,679Average Assets, quarterly
  • $0Volatile liabilities
  • $312,876Insider loans
  • $323,286FHLB advances
  • $58,718Loans and leases held for sale
  • $208Unused loan commitments
  • $37,074Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,250Total unused commitments
  • $0Restructured Loans and leases
  • $1,043Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $20,983Total interest income
  • $11,678Total interest expense
  • $9,305Net interest income
  • $155Provision for loan and lease losses
  • $728Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $728Additional noninterest income
  • $6,125Total noninterest expense
  • $3,812Salaries and employee benefits
  • $1,233Premises and equipment expense
  • $1,080Additional noninterest expense
  • $3,753Pre-tax net operating income
  • -$37Securities gains (losses)
  • $1,359Applicable income taxes
  • $2,357Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,357Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $42Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.97%Yield on earning assets
  • 3.88%Cost of funding earning assets
  • 3.09%Net interest margin
  • 0.24%Noninterest income to earning assets
  • 2.03%Noninterest expense to earning assets
  • 0.76%Net operating income to assets
  • 0.75%Return on assets (ROA)
  • 1.19%Pretax return on assets
  • 5.89%Return on equity (ROE)
  • 5.89%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 369.05%Credit loss provision to net charge-offs
  • 93.05%Efficiency ratio
  • 61,049Assets per employee
  • 4.66%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.70%Loss allowance to noncurrent loans
  • 480.65%Noncurrent assets plus other real estate owned to assets
  • 0.07%Noncurrent loans to loans
  • 0.15%Net loans and leases to deposits
  • 61.78%Net loans and leases to core deposits
  • 67.93%Equity capital to assets
  • 13.73%Core capital (leverage) ratio
  • 13.85%Tier 1 risk-based capital ratio
  • 37.05%Total risk-based capital ratio
  • Memoranda
  • $38Average assets
  • $312,876Average earning assets
  • $40,026Average equity
  • $301,242Average 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 South Jersey Savings and Loan Association.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents