Continental Bank of New Jersey in Pine Valley, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 14, 1997

  • Continental Bank of New Jersey in Pine Valley, New Jersey (NJ)
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Continental Bank of New Jersey - Overview

  • General
  • FDIC Certificate #: 20217
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Collective Bank (#28429)
    Federal Reserve ID: 993915
    Date Established: July 20, 1970
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 10837
    FDIC's unique #: 13899
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 20, 1970
    Last Structure Change Effective Date: Febuary 14, 1997
    Last Structure Change Process Date: March 27, 1997
    Last Data Update: March 27, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 1345 Chew Landing Road, Pine Valley, NJ 8021
    County: Camden
    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): Philadelphia, PA-NJ (#6160)
    Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77)
    Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428)
    Core Based Statistical Area (CBSA): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    Core Based Statistical Division: Camden, NJ (#15804)
  • Financial Summary
  • Total assets: $164.4 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)
  • $35Total assets
  • $164,435Cash and due from depository institutions
  • $13,677Interest-bearing balances
  • $2,437Securities
  • $52,190Federal funds sold & reverse repurchase agreements
  • $14,500Net loans & leases
  • $61,715Loan loss allowance
  • $2,039Trading account assets
  • $0Bank premises and fixed assets
  • $2,913Other real estate owned
  • $0Goodwill and other intangibles
  • $3,366Life insurance assets
  • $16,074All other assets
  • $0Total liabilities and capital
  • $164,435Total liabilities
  • $139,642Total deposits
  • $134,851Interest-bearing deposits
  • $105,917Deposits held in domestic offices
  • 134851.00%% insured (estimated)
  • $73Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $3,562Subordinated debt
  • $0All other liabilities
  • $1,229Total equity capital
  • $1,229Total bank equity capital
  • $24,793Perpetual preferred stock
  • $0Common stock
  • $882Surplus
  • $23,736Undivided profits
  • Memoranda
  • $175Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,431Income earned, not collected on loans
  • $608Earning assets
  • $130,842Long-term assets (5+ years)
  • $18,302Average Assets, year-to-date
  • $175,708Average Assets, quarterly
  • $162,962Volatile liabilities
  • $11,963Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $14,342Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $8,505Total risk weighted assets
  • $79,959Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,832Total interest expense
  • $1,211Net interest income
  • $1,621Provision for loan and lease losses
  • $20Total noninterest income
  • $106Fiduciary activities
  • $0Service charges on deposit accounts
  • $59Trading account gains & fees
  • $0Additional noninterest income
  • $47Total noninterest expense
  • $1,555Salaries and employee benefits
  • $392Premises and equipment expense
  • $192Additional noninterest expense
  • $971Pre-tax net operating income
  • $152Securities gains (losses)
  • $81Applicable income taxes
  • $272Income before extraordinary items
  • -$39Extraordinary gains - net
  • $0Net income attributable to bank
  • -$39Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 1.80%Cost of funding earning assets
  • 0.77%Net interest margin
  • 1.03%Noninterest income to earning assets
  • 0.07%Noninterest expense to earning assets
  • 0.99%Net operating income to assets
  • -0.05%Return on assets (ROA)
  • -0.02%Pretax return on assets
  • 0.13%Return on equity (ROE)
  • -0.28%Retained earnings to average equity (YTD only)
  • -0.28%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 38.46%Efficiency ratio
  • 55,935Assets per employee
  • 4.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.20%Loss allowance to noncurrent loans
  • 142.49%Noncurrent assets plus other real estate owned to assets
  • 0.87%Noncurrent loans to loans
  • 2.24%Net loans and leases to deposits
  • 45.77%Net loans and leases to core deposits
  • 49.22%Equity capital to assets
  • 15.08%Core capital (leverage) ratio
  • 5.74%Tier 1 risk-based capital ratio
  • 10.64%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $175,708Average earning assets
  • $14,046Average equity
  • $157,486Average loans

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