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)
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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

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