Urban National Bank in Franklin Lakes, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 30, 1995

  • Urban National Bank in Franklin Lakes, New Jersey (NJ)
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Urban National Bank - Overview

  • General
  • FDIC Certificate #: 18661
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Hudson United Bank (#12256)
    Federal Reserve ID: 345103
    Date Established: December 17, 1962
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 10 (Interstate: No)
    FDIC's unique #: 12540
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: December 17, 1962
    Last Structure Change Effective Date: June 30, 1995
    Last Structure Change Process Date: July 20, 1995
    Last Data Update: July 20, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 805 Franklin Lakes Road, Franklin Lakes, NJ 7417
    County: Bergen
    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): Bergen-Passaic, NJ (#875)
    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: New York-White Plains-Wayne, NY-NJ (#35644)
  • Financial Summary
  • Total assets: $224.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $114Total assets
  • $241,416Cash and due from depository institutions
  • $14,939Interest-bearing balances
  • $189Securities
  • $104,685Federal funds sold & reverse repurchase agreements
  • $14,000Net loans & leases
  • $98,732Loan loss allowance
  • $1,486Trading account assets
  • $0Bank premises and fixed assets
  • $1,791Other real estate owned
  • $3,127Goodwill and other intangibles
  • $4,142Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $241,416Total liabilities
  • $229,621Total deposits
  • $206,483Interest-bearing deposits
  • $147,577Deposits held in domestic offices
  • 206483.00%% insured (estimated)
  • $70Federal funds purchased & repurchase agreements
  • $18,611Trading liabilities
  • $0Other borrowed funds
  • $1,865Subordinated debt
  • $0All other liabilities
  • $2,662Total equity capital
  • $2,662Total bank equity capital
  • $11,795Perpetual preferred stock
  • $0Common stock
  • $1,230Surplus
  • $1,329Undivided profits
  • Memoranda
  • $9,236Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,730Income earned, not collected on loans
  • $570Earning assets
  • $217,606Long-term assets (5+ years)
  • $71,278Average Assets, year-to-date
  • $225,021Average Assets, quarterly
  • $231,046Volatile liabilities
  • $28,604Insider loans
  • $3,444FHLB advances
  • $0Loans and leases held for sale
  • $267Unused loan commitments
  • $19,629Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $14,251Total risk weighted assets
  • $108,741Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $13,578Total interest expense
  • $4,254Net interest income
  • $9,324Provision for loan and lease losses
  • $125Total noninterest income
  • $1,397Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,199Trading account gains & fees
  • $0Additional noninterest income
  • $198Total noninterest expense
  • $8,327Salaries and employee benefits
  • $4,210Premises and equipment expense
  • $1,326Additional noninterest expense
  • $2,791Pre-tax net operating income
  • $2,269Securities gains (losses)
  • -$83Applicable income taxes
  • $758Income before extraordinary items
  • $1,428Extraordinary gains - net
  • $56Net income attributable to bank
  • $1,484Net charge-offs
  • $255Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.71%Cost of funding earning assets
  • 2.10%Net interest margin
  • 4.61%Noninterest income to earning assets
  • 0.69%Noninterest expense to earning assets
  • 4.12%Net operating income to assets
  • 0.66%Return on assets (ROA)
  • 0.66%Pretax return on assets
  • 1.00%Return on equity (ROE)
  • 12.20%Retained earnings to average equity (YTD only)
  • 12.20%Net charge-offs to loans
  • 0.27%Credit loss provision to net charge-offs
  • 49.02%Efficiency ratio
  • 77,297Assets per employee
  • 2.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.48%Loss allowance to noncurrent loans
  • 39.84%Noncurrent assets plus other real estate owned to assets
  • 2.84%Noncurrent loans to loans
  • 3.72%Net loans and leases to deposits
  • 47.82%Net loans and leases to core deposits
  • 49.78%Equity capital to assets
  • 4.89%Core capital (leverage) ratio
  • 6.35%Tier 1 risk-based capital ratio
  • 13.11%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $225,021Average earning assets
  • $12,160Average equity
  • $202,324Average loans

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