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
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