FDIC Certificate #: 27041 Status: Active Federal Reserve ID: 30418 Date Established: September 08, 1987 WWW:http://www.collegesavings.com Trust Powers Granted: No Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 38498 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: Other Specialized Lending < 1 Billion Date of Deposit Insurance: September 08, 1987 Last Structure Change Effective Date: July 31, 2008 Last Structure Change Process Date: July 31, 2008 Last Data Update: July 31, 2008 Data Source Date: April 05, 2012
Location
Address: 5 Vaughn Drive, Princeton, NJ 8540 County: Mercer 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): Trenton, NJ (#8480) 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): Trenton-Ewing, NJ (#45940) CBSA Metro Statistical Area: Trenton-Ewing, NJ (#45940)
Financial Summary
Total assets: $569.1 mil Equity capital: $43.1 mil Deposits held in domestic offices: $336.6 mil Return on assets (ROA): 0.46% ($2.6 mil) Quarterly return on assets: 0.07% ($0.4 mil) Return on Equity (ROE): 6.10% ($2.6 mil) Quarterly return on equity: 0.90% ($0.4 mil) Net income: $2.5 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.71% ($4,040.7 mil) Quarterly Pretax return on assets: 0.11% ($626.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
21Total employees (full-time equivalent)
$569,108Total assets
$534Cash and due from depository institutions
$534Interest-bearing balances
$343,362Securities
$0Federal funds sold & reverse repurchase agreements
$211,489Net loans & leases
$67Loan loss allowance
$0Trading account assets
$93Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$569,108Life insurance assets
$13,630All other assets
$525,983Total liabilities and capital
$336,632Total liabilities
$336,632Total deposits
$336,632Interest-bearing deposits
$100Deposits held in domestic offices
179418.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$9,933Subordinated debt
$43,125All other liabilities
$43,125Total equity capital
$43,125Total bank equity capital
$0Perpetual preferred stock
$2,500Common stock
$45,945Surplus
$-5,320Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$7,267Income earned, not collected on loans
$7,090Earning assets
$9,305Long-term assets (5+ years)
$555,385Average Assets, year-to-date
$160,504Average Assets, quarterly
$547,746Volatile liabilities
$550,009Insider loans
$197,699FHLB advances
$563,900Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$38,855Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$15,393Total interest income
$8,919Total interest expense
$6,474Net interest income
$73Provision for loan and lease losses
$330Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$330Additional noninterest income
$4,593Total noninterest expense
$2,076Salaries and employee benefits
$304Premises and equipment expense
$2,213Additional noninterest expense
$2,138Pre-tax net operating income
$1,746Securities gains (losses)
$1,358Applicable income taxes
$2,526Income before extraordinary items
$0Extraordinary gains - net
$2,526Net income attributable to bank
$0Net charge-offs
$2,526Cash dividends
$62Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
2.89%Yield on earning assets
1.67%Cost of funding earning assets
1.22%Net interest margin
0.06%Noninterest income to earning assets
0.86%Noninterest expense to earning assets
0.25%Net operating income to assets
0.46%Return on assets (ROA)
0.71%Pretax return on assets
6.10%Return on equity (ROE)
6.10%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
117.74%Credit loss provision to net charge-offs
35.66%Efficiency ratio
67,504Assets per employee
27.10%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.03%Loss allowance to noncurrent loans
0.92%Noncurrent assets plus other real estate owned to assets
1.28%Noncurrent loans to loans
3.44%Net loans and leases to deposits
62.82%Net loans and leases to core deposits
99.48%Equity capital to assets
7.58%Core capital (leverage) ratio
6.89%Tier 1 risk-based capital ratio
19.65%Total risk-based capital ratio
Memoranda
$20Average assets
$547,746Average earning assets
$41,442Average equity
$532,799Average loans
Total Fiduciary and Related Assets (December 31, 2005)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$175,318Managed Assets
1Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
11002Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$175,318Other retirement accounts
$175,318Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
List of branches
1 New Jersey Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
38498
College Savings Bank
5 Vaughn Drive, Princeton, NJ 8540
September 08, 1987
Full Service Brick and Mortar
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