- bankencyclopedia.com
- Banks in New Jersey (NJ)
- Urban National Bank
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)
-
Show street view
No street view available for this location
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
Comment about this bank, ask questions, or add new information about it:
- bankencyclopedia.com
- Banks in New Jersey (NJ)
- Urban National Bank
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Urban National 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.