Hudson United Bank in Mahwah, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 31, 2006

  • Hudson United Bank in Mahwah, New Jersey (NJ)
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Hudson United Bank - Overview

  • General
  • FDIC Certificate #: 12256
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: TD Bank, National Association (#18409)
    Federal Reserve ID: 919308
    Date Established: July 28, 1890
    WWW: http://www.hudsonunitedbank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 203 (Interstate: No)
    OTS Docket #: 12794
    FDIC's unique #: 7791
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: January 31, 2006
    Last Structure Change Process Date: Febuary 21, 2006
    Last Data Update: Febuary 21, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1000 Macarthur Boulevard, Mahwah, NJ 7430
    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)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $8,785.8 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, 2005)

  • Dollar figures in thousands
  • 1,780Total employees (full-time equivalent)
  • $8,785,751Total assets
  • $224,884Cash and due from depository institutions
  • $6,357Interest-bearing balances
  • $2,785,278Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $5,209,622Net loans & leases
  • $53,124Loan loss allowance
  • $0Trading account assets
  • $73,788Bank premises and fixed assets
  • $5,199Other real estate owned
  • $99,973Goodwill and other intangibles
  • $0Life insurance assets
  • $387,007All other assets
  • $8,785,751Total liabilities and capital
  • $8,138,968Total liabilities
  • $6,760,553Total deposits
  • $6,242,450Interest-bearing deposits
  • $6,760,553Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $614,412Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $474,161Other borrowed funds
  • $200,000Subordinated debt
  • $89,842All other liabilities
  • $646,783Total equity capital
  • $646,783Total bank equity capital
  • $646,783Perpetual preferred stock
  • $0Common stock
  • $9,200Surplus
  • $581,328Undivided profits
  • Memoranda
  • $56,255Noncurrent loans and leases
  • $2,727,846Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $31,788Earning assets
  • $1,997Long-term assets (5+ years)
  • $46,325Average Assets, year-to-date
  • $8,001,257Average Assets, quarterly
  • $2,545,696Volatile liabilities
  • $8,975,666Insider loans
  • $8,913,447FHLB advances
  • $1,864,186Loans and leases held for sale
  • $7,508Unused loan commitments
  • $472,881Tier 1 (core) risk-based capital
  • $270,146Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,727,846Total unused commitments
  • $0Restructured Loans and leases
  • $253,124Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $479,721Total interest income
  • $154,395Total interest expense
  • $325,326Net interest income
  • $37,800Provision for loan and lease losses
  • $110,637Total noninterest income
  • $3,055Fiduciary activities
  • $30,594Service charges on deposit accounts
  • $0Trading account gains & fees
  • $76,988Additional noninterest income
  • $292,205Total noninterest expense
  • $100,635Salaries and employee benefits
  • $44,682Premises and equipment expense
  • $146,888Additional noninterest expense
  • $105,958Pre-tax net operating income
  • $1,632Securities gains (losses)
  • $15,328Applicable income taxes
  • $92,262Income before extraordinary items
  • $0Extraordinary gains - net
  • $92,262Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $45,475Sale, conversion, retirement of capital stock, net
  • $70,019Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.83%Yield on earning assets
  • 1.87%Cost of funding earning assets
  • 3.95%Net interest margin
  • 1.34%Noninterest income to earning assets
  • 3.55%Noninterest expense to earning assets
  • 1.01%Net operating income to assets
  • 1.03%Return on assets (ROA)
  • 1.20%Pretax return on assets
  • 14.27%Return on equity (ROE)
  • 3.44%Retained earnings to average equity (YTD only)
  • 0.90%Net charge-offs to loans
  • 83.12%Credit loss provision to net charge-offs
  • 3.16%Efficiency ratio
  • 65,904Assets per employee
  • 4.94%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 75.89%Loss allowance to loans
  • 1.01%Loss allowance to noncurrent loans
  • 167.12%Noncurrent assets plus other real estate owned to assets
  • 0.42%Noncurrent loans to loans
  • 0.60%Net loans and leases to deposits
  • 77.06%Net loans and leases to core deposits
  • 87.05%Equity capital to assets
  • 7.36%Core capital (leverage) ratio
  • 6.56%Tier 1 risk-based capital ratio
  • 8.84%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $8,975,666Average earning assets
  • $646,590Average equity
  • $8,234,783Average 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
  • $363,420Managed Assets
  • 1Number of Accounts
  • $335,353Personal trust and agency accounts
  • $104,727Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $64,924Other retirement accounts
  • $24,327Corporate trust and agency accounts
  • $20,425Investment management agency accounts
  • $116,074Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $4,876Non-managed Assets
  • 501Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $28,067Other retirement accounts
  • $3,912Corporate trust and agency accounts
  • $5,113Other fiduciary accounts
  • $7,109Fiduciary accounts held in foreign offices

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