United Roosevelt Savings Bank in Carteret, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • United Roosevelt Savings Bank in Carteret, New Jersey (NJ)
  • Show street view No street view available for this location

United Roosevelt Savings Bank - Overview

  • General
  • FDIC Certificate #: 29170
    Status: Active
    Federal Reserve ID: 644776
    Bank Holding Company (Regulatory Top Holder): United Roosevelt Mhc (RSSDID: 2589666, Location: Carteret, NJ)
    Date Established: January 01, 1914
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 3034
    FDIC's unique #: 42004
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: 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: Mortgage Lending Specialization
    Date of Deposit Insurance: Febuary 13, 1940
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 11-15 Cooke Avenue, Carteret, NJ 7008
    County: Middlesex
    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): Middlesex-Somerset-Hunterdon, NJ (#5015)
    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)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $99.1 mil
    Equity capital: $15.5 mil
    Deposits held in domestic offices: $81.6 mil
    Return on assets (ROA): 0.16% ($0.2 mil)
    Quarterly return on assets: 0.15% ($0.1 mil)
    Return on Equity (ROE): 1.06% ($0.2 mil)
    Quarterly return on equity: 0.95% ($0.2 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.28% ($277.4 mil)
    Quarterly Pretax return on assets: 0.25% ($247.7 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
  • 14Total employees (full-time equivalent)
  • $99,087Total assets
  • $8,967Cash and due from depository institutions
  • $6,683Interest-bearing balances
  • $68,874Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $18,782Net loans & leases
  • $198Loan loss allowance
  • $0Trading account assets
  • $644Bank premises and fixed assets
  • $240Other real estate owned
  • $0Goodwill and other intangibles
  • $99,087Life insurance assets
  • $1,580All other assets
  • $83,540Total liabilities and capital
  • $81,573Total liabilities
  • $80,354Total deposits
  • $81,573Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,967Subordinated debt
  • $15,547All other liabilities
  • $15,547Total equity capital
  • $15,547Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $0Surplus
  • $15,347Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $80Income earned, not collected on loans
  • $0Earning assets
  • $262Long-term assets (5+ years)
  • $94,339Average Assets, year-to-date
  • $72,513Average Assets, quarterly
  • $98,708Volatile liabilities
  • $99,018Insider loans
  • $26,738FHLB advances
  • $98,595Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $15,350Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,056Restructured Loans and leases
  • $90Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,424Total interest income
  • $856Total interest expense
  • $2,568Net interest income
  • $0Provision for loan and lease losses
  • $50Total noninterest income
  • $0Fiduciary activities
  • $25Service charges on deposit accounts
  • $0Trading account gains & fees
  • $25Additional noninterest income
  • $2,346Total noninterest expense
  • $1,334Salaries and employee benefits
  • $272Premises and equipment expense
  • $740Additional noninterest expense
  • $272Pre-tax net operating income
  • $0Securities gains (losses)
  • $112Applicable income taxes
  • $160Income before extraordinary items
  • $0Extraordinary gains - net
  • $160Net income attributable to bank
  • $0Net charge-offs
  • $160Cash dividends
  • -$28Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.59%Yield on earning assets
  • 0.90%Cost of funding earning assets
  • 2.69%Net interest margin
  • 0.05%Noninterest income to earning assets
  • 2.46%Noninterest expense to earning assets
  • 0.16%Net operating income to assets
  • 0.16%Return on assets (ROA)
  • 0.28%Pretax return on assets
  • 1.06%Return on equity (ROE)
  • 1.06%Retained earnings to average equity (YTD only)
  • -0.14%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 89,610Assets per employee
  • 7.08%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.04%Loss allowance to noncurrent loans
  • 247.50%Noncurrent assets plus other real estate owned to assets
  • 0.32%Noncurrent loans to loans
  • 0.42%Net loans and leases to deposits
  • 23.02%Net loans and leases to core deposits
  • 23.44%Equity capital to assets
  • 15.69%Core capital (leverage) ratio
  • 15.57%Tier 1 risk-based capital ratio
  • 57.41%Total risk-based capital ratio
  • Memoranda
  • $58Average assets
  • $98,708Average earning assets
  • $15,036Average equity
  • $95,402Average loans

List of branches

  • 1 New Jersey Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042004United Roosevelt Savings Bank11-15 Cooke Avenue, Carteret, NJ 7008January 01, 1914Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with United Roosevelt Savings Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents