Tinton Falls State Bank in Tinton Falls, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 15, 1999

  • Tinton Falls State Bank in Tinton Falls, New Jersey (NJ)
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Tinton Falls State Bank - Overview

  • General
  • FDIC Certificate #: 27455
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Commerce Bank/Shore, National Association (#21002)
    Federal Reserve ID: 1368462
    Date Established: Febuary 18, 1989
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Interstate: No)
    OTS Docket #: 10284
    FDIC's unique #: 39979
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 18, 1989
    Last Structure Change Effective Date: January 15, 1999
    Last Structure Change Process Date: Febuary 26, 1999
    Last Data Update: Febuary 26, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 656 Shrewsbury Avenue, Tinton Falls, NJ 7701
    County: Monmouth
    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): Monmouth-Ocean, NJ (#5190)
    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)
  • Financial Summary
  • Total assets: $201.5 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, 1998)

  • Dollar figures in thousands
  • 113Total employees (full-time equivalent)
  • $201,524Total assets
  • $12,426Cash and due from depository institutions
  • $40Interest-bearing balances
  • $26,050Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $158,820Net loans & leases
  • $2,123Loan loss allowance
  • $0Trading account assets
  • $1,912Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,316All other assets
  • $201,524Total liabilities and capital
  • $189,275Total liabilities
  • $180,703Total deposits
  • $119,699Interest-bearing deposits
  • $180,703Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $6,000Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $2,572All other liabilities
  • $12,249Total equity capital
  • $12,249Total bank equity capital
  • $12,249Perpetual preferred stock
  • $0Common stock
  • $4,505Surplus
  • $4,661Undivided profits
  • Memoranda
  • $3,083Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $505Earning assets
  • $0Long-term assets (5+ years)
  • $961Average Assets, year-to-date
  • $184,910Average Assets, quarterly
  • $34,961Volatile liabilities
  • $183,841Insider loans
  • $195,429FHLB advances
  • $22,771Loans and leases held for sale
  • $2,101Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $32,823Total unused commitments
  • $0Restructured Loans and leases
  • $159,936Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $16,421Total interest income
  • $4,027Total interest expense
  • $12,394Net interest income
  • $1,342Provision for loan and lease losses
  • $1,427Total noninterest income
  • $0Fiduciary activities
  • $1,218Service charges on deposit accounts
  • $0Trading account gains & fees
  • $209Additional noninterest income
  • $11,182Total noninterest expense
  • $5,957Salaries and employee benefits
  • $1,771Premises and equipment expense
  • $3,454Additional noninterest expense
  • $1,297Pre-tax net operating income
  • $9Securities gains (losses)
  • $809Applicable income taxes
  • $497Income before extraordinary items
  • $0Extraordinary gains - net
  • $497Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $270Sale, conversion, retirement of capital stock, net
  • $281Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.72%Yield on earning assets
  • 2.38%Cost of funding earning assets
  • 7.34%Net interest margin
  • 0.84%Noninterest income to earning assets
  • 6.62%Noninterest expense to earning assets
  • 0.27%Net operating income to assets
  • 0.27%Return on assets (ROA)
  • 0.71%Pretax return on assets
  • 3.92%Return on equity (ROE)
  • 1.70%Retained earnings to average equity (YTD only)
  • 0.20%Net charge-offs to loans
  • 497.04%Credit loss provision to net charge-offs
  • 9.77%Efficiency ratio
  • 80,906Assets per employee
  • 1.78%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 56.54%Loss allowance to loans
  • 1.32%Loss allowance to noncurrent loans
  • 420.40%Noncurrent assets plus other real estate owned to assets
  • 0.25%Noncurrent loans to loans
  • 0.31%Net loans and leases to deposits
  • 87.89%Net loans and leases to core deposits
  • 96.88%Equity capital to assets
  • 6.08%Core capital (leverage) ratio
  • 6.33%Tier 1 risk-based capital ratio
  • 7.64%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $183,841Average earning assets
  • $12,678Average equity
  • $168,919Average loans

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