U.S. Trust Company of New Jersey in Princeton, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 01, 2002

  • U.S. Trust Company of New Jersey in Princeton, New Jersey (NJ)
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U.S. Trust Company of New Jersey - Overview

  • General
  • FDIC Certificate #: 33757
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: United States Trust Company , National Association (#34061)
    Federal Reserve ID: 2009360
    Date Established: November 13, 1992
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 47967
    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 14, 1997
    Last Structure Change Effective Date: March 01, 2002
    Last Structure Change Process Date: March 20, 2002
    Last Data Update: March 20, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 845 Alexander Road, Princeton, NJ 8543
    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 Summary
  • Total assets: $150.6 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, 2001)

  • Dollar figures in thousands
  • 75Total employees (full-time equivalent)
  • $150,608Total assets
  • $958Cash and due from depository institutions
  • $0Interest-bearing balances
  • $74,008Securities
  • $54,000Federal funds sold & reverse repurchase agreements
  • $12,618Net loans & leases
  • $330Loan loss allowance
  • $0Trading account assets
  • $3,879Bank premises and fixed assets
  • $0Other real estate owned
  • $662Goodwill and other intangibles
  • $0Life insurance assets
  • $4,483All other assets
  • $150,608Total liabilities and capital
  • $115,106Total liabilities
  • $108,149Total deposits
  • $104,106Interest-bearing deposits
  • $108,149Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $6,957All other liabilities
  • $35,502Total equity capital
  • $35,502Total bank equity capital
  • $35,502Perpetual preferred stock
  • $0Common stock
  • $5,144Surplus
  • $22,874Undivided profits
  • Memoranda
  • $7,484Noncurrent loans and leases
  • $4,478Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $422Average Assets, year-to-date
  • $140,626Average Assets, quarterly
  • $48,028Volatile liabilities
  • $141,009Insider loans
  • $149,867FHLB advances
  • $113Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $4,478Total unused commitments
  • $0Restructured Loans and leases
  • $330Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $7,023Total interest income
  • $3,620Total interest expense
  • $3,403Net interest income
  • $0Provision for loan and lease losses
  • $26,627Total noninterest income
  • $12,909Fiduciary activities
  • $1Service charges on deposit accounts
  • $0Trading account gains & fees
  • $13,717Additional noninterest income
  • $19,554Total noninterest expense
  • $12,509Salaries and employee benefits
  • $2,096Premises and equipment expense
  • $4,949Additional noninterest expense
  • $10,476Pre-tax net operating income
  • $531Securities gains (losses)
  • $4,727Applicable income taxes
  • $6,280Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,280Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.35%Yield on earning assets
  • 2.76%Cost of funding earning assets
  • 2.59%Net interest margin
  • 20.29%Noninterest income to earning assets
  • 14.90%Noninterest expense to earning assets
  • 4.21%Net operating income to assets
  • 4.45%Return on assets (ROA)
  • 7.81%Pretax return on assets
  • 19.29%Return on equity (ROE)
  • 19.29%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 62,950Assets per employee
  • 2.01%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.55%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 11.67%Net loans and leases to core deposits
  • 11.68%Equity capital to assets
  • 23.57%Core capital (leverage) ratio
  • 22.81%Tier 1 risk-based capital ratio
  • 84.71%Total risk-based capital ratio
  • Memoranda
  • $86Average assets
  • $141,009Average earning assets
  • $32,561Average equity
  • $131,202Average loans

Total Fiduciary and Related Assets (December 31, 2001)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $2,020,973Managed Assets
  • 1Number of Accounts
  • $2,013,453Personal trust and agency accounts
  • $340,810Employee benefit-defined contribution accounts
  • $13,164Employee benefit-defined benefit accounts
  • $8,175Other retirement accounts
  • $116,930Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $1,515,624Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $18,750Non-managed Assets
  • 1224Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $7,520Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $7,520Fiduciary accounts held in foreign offices

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