South Jersey Savings and Loan Association - Overview
General
FDIC Certificate #: 30456 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Richmond County Savings Bank (#16027) Federal Reserve ID: 458076 Date Established: January 01, 1925 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 5377 FDIC's unique #: 43290 Numeric code: 35 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: Yes Date of Deposit Insurance: March 23, 1950 Last Structure Change Effective Date: August 01, 2000 Last Structure Change Process Date: November 08, 2000 Last Data Update: November 08, 2000 Data Source Date: April 05, 2012
Location
Address: 4651 Route 42, Turnersville, NJ 8012 County: Gloucester 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: $310.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
69Total employees (full-time equivalent)
$321,347Total assets
$3,803Cash and due from depository institutions
$396Interest-bearing balances
$161,275Securities
$350Federal funds sold & reverse repurchase agreements
$147,658Net loans & leases
$1,043Loan loss allowance
$0Trading account assets
$2,922Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$5,339All other assets
$321,347Total liabilities and capital
$277,242Total liabilities
$239,009Total deposits
$231,762Interest-bearing deposits
$239,009Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$37,074Other borrowed funds
$0Subordinated debt
$1,159All other liabilities
$44,105Total equity capital
$44,105Total bank equity capital
$44,105Perpetual preferred stock
$0Common stock
$1Surplus
$15,363Undivided profits
Memoranda
$28,741Noncurrent loans and leases
$5,250Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$217Earning assets
$0Long-term assets (5+ years)
$776Average Assets, year-to-date
$309,679Average Assets, quarterly
$0Volatile liabilities
$312,876Insider loans
$323,286FHLB advances
$58,718Loans and leases held for sale
$208Unused loan commitments
$37,074Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,250Total unused commitments
$0Restructured Loans and leases
$1,043Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$20,983Total interest income
$11,678Total interest expense
$9,305Net interest income
$155Provision for loan and lease losses
$728Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$728Additional noninterest income
$6,125Total noninterest expense
$3,812Salaries and employee benefits
$1,233Premises and equipment expense
$1,080Additional noninterest expense
$3,753Pre-tax net operating income
-$37Securities gains (losses)
$1,359Applicable income taxes
$2,357Income before extraordinary items
$0Extraordinary gains - net
$2,357Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$42Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.97%Yield on earning assets
3.88%Cost of funding earning assets
3.09%Net interest margin
0.24%Noninterest income to earning assets
2.03%Noninterest expense to earning assets
0.76%Net operating income to assets
0.75%Return on assets (ROA)
1.19%Pretax return on assets
5.89%Return on equity (ROE)
5.89%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
369.05%Credit loss provision to net charge-offs
93.05%Efficiency ratio
61,049Assets per employee
4.66%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.70%Loss allowance to noncurrent loans
480.65%Noncurrent assets plus other real estate owned to assets
0.07%Noncurrent loans to loans
0.15%Net loans and leases to deposits
61.78%Net loans and leases to core deposits
67.93%Equity capital to assets
13.73%Core capital (leverage) ratio
13.85%Tier 1 risk-based capital ratio
37.05%Total risk-based capital ratio
Memoranda
$38Average assets
$312,876Average earning assets
$40,026Average equity
$301,242Average loans
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