The Bank of Princeton in Princeton, New Jersey (NJ), PA



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The Bank of Princeton routing number info

Table of contents:
The Bank of Princeton
GeneralFDIC Certificate #: 58513
Status: Active
Federal Reserve ID: 3595271
Date Established: April 23, 2007
WWW: http://www.thebankofprinceton.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 11 (Domestic: 11, Interstate: Yes)
FDIC's unique #: 455079
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: 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: Commercial Lending Specialization
Date of Deposit Insurance: April 23, 2007
Last Structure Change Effective Date: April 03, 2012
Last Structure Change Process Date: April 03, 2012
Last Data Update: April 03, 2012
Data Source Date: April 05, 2012
LocationAddress: 183 Bayard Lane, Princeton, NJ 8540
County: Mercer
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): Trenton, NJ (#8480)
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): Trenton-Ewing, NJ (#45940)
CBSA Metro Statistical Area: Trenton-Ewing, NJ (#45940)
Financial SummaryTotal assets: $664.9 mil
Equity capital: $54.3 mil
Deposits held in domestic offices: $595.6 mil
Return on assets (ROA): 0.50% ($3.3 mil)
Quarterly return on assets: 0.52% ($3.5 mil)
Return on Equity (ROE): 6.15% ($3.3 mil)
Quarterly return on equity: 6.40% ($3.5 mil)
Net income: $2.8 mil
Quarterly Net income: $0.8 mil
Pretax return on assets: 0.69% ($4,587.6 mil)
Quarterly Pretax return on assets: 0.57% ($3,789.8 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)
Total employees (full-time equivalent)107
Total assets$664,871
Cash and due from depository institutions$59,216
Interest-bearing balances$50,368
Securities$177,237
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$405,862
Loan loss allowance $5,362
Trading account assets$0
Bank premises and fixed assets$5,112
Other real estate owned$919
Goodwill and other intangibles$481
All other assets$16,044
Life insurance assets$664,871
Total liabilities and capital$610,553
Total liabilities$595,573
Total deposits$549,643
Interest-bearing deposits$595,573
Deposits held in domestic offices$72
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$11,344
Other borrowed funds $0
Subordinated debt $3,636
All other liabilities $54,318
Total equity capital$54,318
Total bank equity capital$54,318
Perpetual preferred stock$0
Common stock$22,892
Surplus$28,182
Undivided profits $3,244
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $8,712
Earning assets $50
Long-term assets (5+ years) $2,478
Average Assets, year-to-date $633,467
Average Assets, quarterly $327,248
Volatile liabilities $558,677
Insider loans $627,112
FHLB advances $449,397
Loans and leases held for sale $638,006
Unused loan commitments $8,639
Tier 1 (core) risk-based capital $5,356
Tier 2 risk-based capital $51,739
Total risk weighted assets $0
Total unused commitments $3,283
Restructured Loans and leases $61,431
Derivatives$3,309
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $25,589
Total interest expense $7,165
Net interest income $18,424
Provision for loan and lease losses $2,376
Total noninterest income $738
Fiduciary activities $0
Service charges on deposit accounts $392
Trading account gains & fees $0
Additional noninterest income $346
Total noninterest expense $14,886
Salaries and employee benefits $7,153
Premises and equipment expense $2,457
Additional noninterest expense $5,276
Pre-tax net operating income $1,900
Securities gains (losses) $1,976
Applicable income taxes $1,063
Income before extraordinary items $2,813
Extraordinary gains - net $0
Net income attributable to bank $2,813
Net charge-offs $0
Cash dividends $2,813
Sale, conversion, retirement of capital stock, net $708
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.84%
Cost of funding earning assets 1.35%
Net interest margin 3.48%
Noninterest income to earning assets 0.14%
Noninterest expense to earning assets 2.82%
Net operating income to assets 0.25%
Return on assets (ROA) 0.50%
Pretax return on assets 0.69%
Return on equity (ROE) 6.15%
Retained earnings to average equity (YTD only) 6.15%
Net charge-offs to loans 0.21%
Credit loss provision to net charge-offs 335.59%
Efficiency ratio6.04%
Assets per employee$77,685
Cash dividends to net income (YTD only)6.21%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.30%
Noncurrent assets plus other real estate owned to assets 61.55%
Noncurrent loans to loans 1.45%
Net loans and leases to deposits2.12%
Net loans and leases to core deposits 68.15%
Equity capital to assets 71.67%
Core capital (leverage) ratio 8.17%
Tier 1 risk-based capital ratio 8.11%
Total risk-based capital ratio 11.51%
Memoranda
Average assets$13
Average earning assets$558,677
Average equity $45,732
Average loans $528,803
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8 New Jersey Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0455079The Bank Of Princeton183 Bayard Lane, Princeton, NJ 8540April 23, 2007Full Service Brick and Mortar
1470284Pennington Branch2 Route 31, Pennington, NJ 8534December 17, 2007Full Service Brick and Mortar
2474328Hamilton Branch339 Route 33, Hamilton, NJ 8619April 14, 2008Full Service Brick and Mortar
3489499Princeton Branch21 Chambers Street, Princeton, NJ 8542November 25, 2008Full Service Brick and Mortar
4210064Montgomery Branch1185 Route 206 North, Princeton, NJ 8540June 04, 1990Full Service Brick and Mortar
8515150Monroe Branch1 Rossmoor Drive, Suite 1200, Monroe Township, NJ 8831December 29, 2010Full Service Brick and Mortar
9521584Lambertville Branch10 Bridge Street, Lambertville, NJ 8530July 19, 2011Full Service Brick and Mortar
10527743Princeton Branch194 Nassau Street, Princeton, NJ 8542December 28, 2011Full Service Brick and Mortar
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3 Pennsylvania Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
5428630Morebank Branch470 West Cheltenham Avenue, Philadelphia, PA 19126March 01, 2006Full Service Brick and Mortar
6456045Upper Darby Branch7050 Terminal Square, Upper Darby, PA 19082October 16, 2006Full Service Brick and Mortar
7480297Montgomery Branch1222 North Welsh Road, North Wales, PA 19454August 06, 2008Full Service Retail
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