Bankers Savings in Perth Amboy, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 30, 1997

  • Bankers Savings in Perth Amboy, New Jersey (NJ)
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Bankers Savings - Overview

  • General
  • FDIC Certificate #: 12029
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Sovereign Bank, National Association (#29950)
    Federal Reserve ID: 42701
    Date Established: July 01, 1869
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 15 (Interstate: No)
    FDIC's unique #: 7665
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: August 30, 1997
    Last Structure Change Process Date: October 07, 1997
    Last Data Update: October 07, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 210 Smith Street, Perth Amboy, NJ 8862
    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)
  • Financial Summary
  • Total assets: $2,566.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $264Total assets
  • $2,459,784Cash and due from depository institutions
  • $15,957Interest-bearing balances
  • $0Securities
  • $741,660Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $1,665,638Loan loss allowance
  • $6,596Trading account assets
  • $0Bank premises and fixed assets
  • $10,846Other real estate owned
  • $4,661Goodwill and other intangibles
  • $17,594Life insurance assets
  • $3,428All other assets
  • $0Total liabilities and capital
  • $2,459,784Total liabilities
  • $2,267,343Total deposits
  • $1,641,265Interest-bearing deposits
  • $1,578,453Deposits held in domestic offices
  • 1641265.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $616,205Trading liabilities
  • $0Other borrowed funds
  • $301Subordinated debt
  • $0All other liabilities
  • $9,572Total equity capital
  • $9,572Total bank equity capital
  • $192,441Perpetual preferred stock
  • $0Common stock
  • $2,500Surplus
  • $20,033Undivided profits
  • Memoranda
  • $169,908Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $24,359Income earned, not collected on loans
  • $9,442Earning assets
  • $2,407,298Long-term assets (5+ years)
  • $265,756Average Assets, year-to-date
  • $2,163,184Average Assets, quarterly
  • $2,394,967Volatile liabilities
  • $683,370Insider loans
  • $6,258FHLB advances
  • $0Loans and leases held for sale
  • $8,916Unused loan commitments
  • $77,808Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $189,680Total risk weighted assets
  • $1,142,578Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $153,105Total interest expense
  • $90,918Net interest income
  • $62,187Provision for loan and lease losses
  • $3,950Total noninterest income
  • $2,147Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,144Trading account gains & fees
  • $0Additional noninterest income
  • $1,003Total noninterest expense
  • $22,505Salaries and employee benefits
  • $9,018Premises and equipment expense
  • $2,855Additional noninterest expense
  • $10,632Pre-tax net operating income
  • $37,879Securities gains (losses)
  • $0Applicable income taxes
  • $13,499Income before extraordinary items
  • $24,380Extraordinary gains - net
  • $0Net income attributable to bank
  • $24,380Net charge-offs
  • $5,491Cash dividends
  • $18,000Sale, conversion, retirement of capital stock, net
  • $319Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.26%Cost of funding earning assets
  • 4.31%Net interest margin
  • 2.95%Noninterest income to earning assets
  • 0.10%Noninterest expense to earning assets
  • 1.07%Net operating income to assets
  • 1.13%Return on assets (ROA)
  • 1.13%Pretax return on assets
  • 1.75%Return on equity (ROE)
  • 13.00%Retained earnings to average equity (YTD only)
  • 3.40%Net charge-offs to loans
  • 0.36%Credit loss provision to net charge-offs
  • 71.94%Efficiency ratio
  • 33,758Assets per employee
  • 9.32%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 73.83%Loss allowance to loans
  • 0.39%Loss allowance to noncurrent loans
  • 27.08%Noncurrent assets plus other real estate owned to assets
  • 1.18%Noncurrent loans to loans
  • 1.46%Net loans and leases to deposits
  • 101.49%Net loans and leases to core deposits
  • 105.80%Equity capital to assets
  • 7.82%Core capital (leverage) ratio
  • 7.87%Tier 1 risk-based capital ratio
  • 16.60%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $2,163,184Average earning assets
  • $187,490Average equity
  • $2,107,857Average loans

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