Chemical Bank New Jersey, National Association in Chester, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 06, 1995

  • Chemical Bank New Jersey, National Association in Chester, New Jersey (NJ)
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Chemical Bank New Jersey, National Association - Overview

  • General
  • FDIC Certificate #: 6312
    Status: Inactive
    Closing history: Office Sold
    Acquiring institution: PNC Bank, New Jersey, National Association (#27266)
    Federal Reserve ID: 865601
    Date Established: April 01, 1890
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 129 (Interstate: No)
    FDIC's unique #: 4258
    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: January 01, 1934
    Last Structure Change Effective Date: October 06, 1995
    Last Structure Change Process Date: October 25, 1995
    Last Data Update: October 25, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: Route 206 And Maple Avenue, Chester, NJ 7930
    County: Morris
    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): Newark, NJ (#5640)
    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: Newark-Union, NJ-PA (#35084)
  • History of Changes
  • Merger - Without Assistance
    Corrections
    Office Purchased
    Office Sold
  • Financial Summary
  • Total assets: $5,427.0 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)
  • $1,903Total assets
  • $5,774,527Cash and due from depository institutions
  • $443,232Interest-bearing balances
  • $8,495Securities
  • $1,052,491Federal funds sold & reverse repurchase agreements
  • $660,000Net loans & leases
  • $3,458,979Loan loss allowance
  • $84,774Trading account assets
  • $0Bank premises and fixed assets
  • $67,712Other real estate owned
  • $3,020Goodwill and other intangibles
  • $88,985Life insurance assets
  • $108All other assets
  • $0Total liabilities and capital
  • $5,774,527Total liabilities
  • $5,384,518Total deposits
  • $5,040,501Interest-bearing deposits
  • $3,994,799Deposits held in domestic offices
  • 5040489.00%% insured (estimated)
  • $78Federal funds purchased & repurchase agreements
  • $149,673Trading liabilities
  • $0Other borrowed funds
  • $57,720Subordinated debt
  • $0All other liabilities
  • $136,624Total equity capital
  • $136,624Total bank equity capital
  • $390,009Perpetual preferred stock
  • $0Common stock
  • $70,265Surplus
  • $155,171Undivided profits
  • Memoranda
  • $164,573Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $14,749Income earned, not collected on loans
  • $20,945Earning assets
  • $5,179,965Long-term assets (5+ years)
  • $1,559,706Average Assets, year-to-date
  • $5,782,654Average Assets, quarterly
  • $5,772,958Volatile liabilities
  • $577,092Insider loans
  • $4,026FHLB advances
  • $0Loans and leases held for sale
  • $1,173Unused loan commitments
  • $718,117Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $406,848Total risk weighted assets
  • $4,333,730Total unused commitments
  • $0Restructured Loans and leases
  • $1,393,258Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $360,993Total interest expense
  • $132,639Net interest income
  • $228,354Provision for loan and lease losses
  • -$25,000Total noninterest income
  • $68,289Fiduciary activities
  • $0Service charges on deposit accounts
  • $21,257Trading account gains & fees
  • -$41Additional noninterest income
  • $47,073Total noninterest expense
  • $204,516Salaries and employee benefits
  • $81,482Premises and equipment expense
  • $24,805Additional noninterest expense
  • $98,229Pre-tax net operating income
  • $117,127Securities gains (losses)
  • $2,165Applicable income taxes
  • $49,254Income before extraordinary items
  • $70,038Extraordinary gains - net
  • $0Net income attributable to bank
  • $70,038Net charge-offs
  • $11,115Cash dividends
  • $73,000Sale, 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
  • 7.00%Cost of funding earning assets
  • 2.57%Net interest margin
  • 4.42%Noninterest income to earning assets
  • 1.32%Noninterest expense to earning assets
  • 3.96%Net operating income to assets
  • 1.19%Return on assets (ROA)
  • 1.21%Pretax return on assets
  • 2.06%Return on equity (ROE)
  • 17.09%Retained earnings to average equity (YTD only)
  • -0.72%Net charge-offs to loans
  • 0.32%Credit loss provision to net charge-offs
  • -224.92%Efficiency ratio
  • 68,938Assets per employee
  • 3.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 104.23%Loss allowance to loans
  • 2.39%Loss allowance to noncurrent loans
  • 574.78%Noncurrent assets plus other real estate owned to assets
  • 0.31%Noncurrent loans to loans
  • 0.42%Net loans and leases to deposits
  • 68.62%Net loans and leases to core deposits
  • 74.13%Equity capital to assets
  • 6.75%Core capital (leverage) ratio
  • 7.09%Tier 1 risk-based capital ratio
  • 9.39%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $5,782,654Average earning assets
  • $409,779Average equity
  • $5,160,635Average loans

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