Metuchen Savings Bank in Metuchen, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Metuchen Savings Bank in Metuchen, New Jersey (NJ)
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Metuchen Savings Bank routing number info

Metuchen Savings Bank - Overview

  • General
  • FDIC Certificate #: 30099
    Status: Active
    Federal Reserve ID: 849777
    Date Established: January 01, 1897
    WWW: http://www.metuchensavingsbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 4742
    FDIC's unique #: 42933
    Numeric code: 42
    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: Mortgage Lending Specialization
    Date of Deposit Insurance: December 30, 1960
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 429 Main St, Metuchen, NJ 8840
    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)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $268.0 mil
    Equity capital: $27.4 mil
    Deposits held in domestic offices: $229.0 mil
    Return on assets (ROA): 0.30% ($0.8 mil)
    Quarterly return on assets: 0.15% ($0.4 mil)
    Return on Equity (ROE): 3.32% ($0.9 mil)
    Quarterly return on equity: 1.50% ($0.4 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.17% ($455.7 mil)
    Quarterly Pretax return on assets: 0.26% ($696.9 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
  • 47Total employees (full-time equivalent)
  • $268,046Total assets
  • $20,460Cash and due from depository institutions
  • $19,745Interest-bearing balances
  • $102,360Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $135,485Net loans & leases
  • $1,297Loan loss allowance
  • $0Trading account assets
  • $3,616Bank premises and fixed assets
  • $1,328Other real estate owned
  • $94Goodwill and other intangibles
  • $268,046Life insurance assets
  • $4,703All other assets
  • $240,613Total liabilities and capital
  • $228,972Total liabilities
  • $218,145Total deposits
  • $228,972Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $9,994Trading liabilities
  • $0Other borrowed funds
  • $1,647Subordinated debt
  • $27,433All other liabilities
  • $27,433Total equity capital
  • $27,433Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $0Surplus
  • $27,233Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $240Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $902Income earned, not collected on loans
  • $0Earning assets
  • $977Long-term assets (5+ years)
  • $257,590Average Assets, year-to-date
  • $181,921Average Assets, quarterly
  • $274,802Volatile liabilities
  • $269,581Insider loans
  • $112,988FHLB advances
  • $265,979Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $26,886Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $11,994Restructured Loans and leases
  • $722Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,397Total interest income
  • $2,293Total interest expense
  • $8,104Net interest income
  • $838Provision for loan and lease losses
  • $445Total noninterest income
  • $0Fiduciary activities
  • $81Service charges on deposit accounts
  • $0Trading account gains & fees
  • $364Additional noninterest income
  • $7,304Total noninterest expense
  • $3,692Salaries and employee benefits
  • $575Premises and equipment expense
  • $3,037Additional noninterest expense
  • $407Pre-tax net operating income
  • $67Securities gains (losses)
  • -$355Applicable income taxes
  • $829Income before extraordinary items
  • $0Extraordinary gains - net
  • $829Net income attributable to bank
  • $0Net charge-offs
  • $829Cash dividends
  • $916Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.94%Yield on earning assets
  • 0.87%Cost of funding earning assets
  • 3.07%Net interest margin
  • 0.17%Noninterest income to earning assets
  • 2.77%Noninterest expense to earning assets
  • 0.28%Net operating income to assets
  • 0.30%Return on assets (ROA)
  • 0.17%Pretax return on assets
  • 3.32%Return on equity (ROE)
  • 3.32%Retained earnings to average equity (YTD only)
  • 0.67%Net charge-offs to loans
  • 91.48%Credit loss provision to net charge-offs
  • 1.36%Efficiency ratio
  • 85,437Assets per employee
  • 5.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.95%Loss allowance to noncurrent loans
  • 143.79%Noncurrent assets plus other real estate owned to assets
  • 0.83%Noncurrent loans to loans
  • 0.66%Net loans and leases to deposits
  • 59.17%Net loans and leases to core deposits
  • 60.80%Equity capital to assets
  • 10.23%Core capital (leverage) ratio
  • 10.11%Tier 1 risk-based capital ratio
  • 23.80%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $274,802Average earning assets
  • $24,953Average equity
  • $263,782Average loans

List of branches

  • 2 New Jersey Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    042933Metuchen Savings Bank429 Main St, Metuchen, NJ 8840January 01, 1897Full Service Brick and Mortar
    1418909Metuchen Branch442 Main Street, Metuchen, NJ 8840April 21, 2003Full Service Brick and Mortar

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