The First National Bank of Elmer in Elmer, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • The First National Bank of Elmer in Elmer, New Jersey (NJ)
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The First National Bank of Elmer - Overview

  • General
  • FDIC Certificate #: 6464
    Status: Active
    Federal Reserve ID: 609010
    Bank Holding Company (Regulatory Top Holder): Elmer Bancorp, Inc. (RSSDID: 2947985, Location: Elmer, NJ)
    Date Established: May 01, 1903
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 6 (Domestic: 6, Interstate: No)
    FDIC's unique #: 4324
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 02, 2010
    Last Structure Change Process Date: June 02, 2010
    Last Data Update: June 02, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 10 South Main Street, Elmer, NJ 8318
    County: Salem
    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: Wilmington, DE-MD-NJ (#48864)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $214.2 mil
    Equity capital: $21.1 mil
    Deposits held in domestic offices: $191.8 mil
    Return on assets (ROA): 0.74% ($1.6 mil)
    Quarterly return on assets: 0.42% ($0.9 mil)
    Return on Equity (ROE): 7.65% ($1.6 mil)
    Quarterly return on equity: 4.27% ($0.9 mil)
    Net income: $1.6 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.11% ($2,377.5 mil)
    Quarterly Pretax return on assets: 0.60% ($1,285.1 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
  • 77Total employees (full-time equivalent)
  • $214,189Total assets
  • $24,525Cash and due from depository institutions
  • $20,036Interest-bearing balances
  • $9,352Securities
  • $5,075Federal funds sold & reverse repurchase agreements
  • $167,424Net loans & leases
  • $2,062Loan loss allowance
  • $0Trading account assets
  • $4,710Bank premises and fixed assets
  • $154Other real estate owned
  • $0Goodwill and other intangibles
  • $214,189Life insurance assets
  • $2,949All other assets
  • $193,125Total liabilities and capital
  • $191,750Total liabilities
  • $180,579Total deposits
  • $191,750Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,375Subordinated debt
  • $21,064All other liabilities
  • $21,064Total equity capital
  • $21,064Total bank equity capital
  • $0Perpetual preferred stock
  • $350Common stock
  • $392Surplus
  • $20,322Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,283Income earned, not collected on loans
  • $0Earning assets
  • $751Long-term assets (5+ years)
  • $201,887Average Assets, year-to-date
  • $13,632Average Assets, quarterly
  • $214,534Volatile liabilities
  • $215,053Insider loans
  • $158,784FHLB advances
  • $218,139Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $21,034Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $25,109Restructured Loans and leases
  • $651Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,775Total interest income
  • $1,935Total interest expense
  • $8,840Net interest income
  • $328Provision for loan and lease losses
  • $1,183Total noninterest income
  • $146Fiduciary activities
  • $537Service charges on deposit accounts
  • $0Trading account gains & fees
  • $500Additional noninterest income
  • $7,306Total noninterest expense
  • $4,302Salaries and employee benefits
  • $1,073Premises and equipment expense
  • $1,931Additional noninterest expense
  • $2,389Pre-tax net operating income
  • $0Securities gains (losses)
  • $806Applicable income taxes
  • $1,583Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,583Net income attributable to bank
  • $0Net charge-offs
  • $1,583Cash dividends
  • $331Sale, conversion, retirement of capital stock, net
  • $775Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.33%Yield on earning assets
  • 0.96%Cost of funding earning assets
  • 4.37%Net interest margin
  • 0.59%Noninterest income to earning assets
  • 3.62%Noninterest expense to earning assets
  • 0.74%Net operating income to assets
  • 0.74%Return on assets (ROA)
  • 1.11%Pretax return on assets
  • 7.65%Return on equity (ROE)
  • 3.91%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 99.09%Credit loss provision to net charge-offs
  • 8.21%Efficiency ratio
  • 72,892Assets per employee
  • 2.78%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 48.96%Loss allowance to loans
  • 1.22%Loss allowance to noncurrent loans
  • 62.81%Noncurrent assets plus other real estate owned to assets
  • 1.60%Noncurrent loans to loans
  • 1.94%Net loans and leases to deposits
  • 87.31%Net loans and leases to core deposits
  • 89.73%Equity capital to assets
  • 9.83%Core capital (leverage) ratio
  • 9.64%Tier 1 risk-based capital ratio
  • 13.25%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $214,534Average earning assets
  • $20,684Average equity
  • $202,065Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $11,258Managed Assets
  • 1Number of Accounts
  • $10,698Personal trust and agency accounts
  • $5,645Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $113Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $742Other fiduciary accounts
  • $2,126Fiduciary accounts held in foreign offices
  • $2,072Non-managed Assets
  • 47Number of Accounts
  • $0Personal trust and agency accounts
  • $113Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $560Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $275Fiduciary accounts held in foreign offices

List of branches

  • 6 New Jersey Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    04324The First National Bank Of Elmer10 South Main Street, Elmer, NJ 8318May 01, 1903Full Service Brick and Mortar
    1210246Harding BranchRoute 40 Harding Highway, Upper Pittsgrove Township, NJ 8318October 18, 1975Full Service Brick and Mortar
    2210247Pittsgrove BranchElmer-Centerton Road, Pittsgrove, NJ 8318December 05, 1987Full Service Brick and Mortar
    3210248Elk Branch100 Clayton Aura Road, Glassboro, NJ 8028December 17, 1988Full Service Brick and Mortar
    4428759The Woodstown Branch11 Bailey Street, Pilesgrove, NJ 8098April 19, 2004Full Service Brick and Mortar
    5465462Upper Deerfield Office Branch1168 State Highway 77, Bridgeton, NJ 8302June 20, 2007Full Service Brick and Mortar

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