The Central Jersey Bank and Trust Company in Freehold, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 14, 1995

  • The Central Jersey Bank and Trust Company in Freehold, New Jersey (NJ)
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The Central Jersey Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 11842
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Fleet Bank, National Association (#6357)
    Federal Reserve ID: 70508
    Date Established: January 01, 1932
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 38 (Interstate: No)
    FDIC's unique #: 7571
    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: January 01, 1934
    Last Structure Change Effective Date: January 14, 1995
    Last Structure Change Process Date: January 25, 1995
    Last Data Update: January 25, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: Route 9, Freehold, NJ 7728
    County: Monmouth
    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): Monmouth-Ocean, NJ (#5190)
    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)
  • Financial Summary
  • Total assets: $1,795.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $757Total assets
  • $1,795,466Cash and due from depository institutions
  • $104,438Interest-bearing balances
  • $0Securities
  • $857,800Federal funds sold & reverse repurchase agreements
  • $17,300Net loans & leases
  • $750,583Loan loss allowance
  • $19,103Trading account assets
  • $0Bank premises and fixed assets
  • $31,466Other real estate owned
  • $748Goodwill and other intangibles
  • $33,131Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $1,795,466Total liabilities
  • $1,677,942Total deposits
  • $1,598,390Interest-bearing deposits
  • $1,320,045Deposits held in domestic offices
  • 1598390.00%% insured (estimated)
  • $84Federal funds purchased & repurchase agreements
  • $38,226Trading liabilities
  • $0Other borrowed funds
  • $10,271Subordinated debt
  • $11,634All other liabilities
  • $19,421Total equity capital
  • $19,421Total bank equity capital
  • $117,524Perpetual preferred stock
  • $0Common stock
  • $10,563Surplus
  • $18,175Undivided profits
  • Memoranda
  • $88,786Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $21,502Income earned, not collected on loans
  • $5,433Earning assets
  • $1,625,683Long-term assets (5+ years)
  • $753,521Average Assets, year-to-date
  • $1,792,824Average Assets, quarterly
  • $1,821,189Volatile liabilities
  • $103,420Insider loans
  • $9,822FHLB advances
  • $0Loans and leases held for sale
  • $4,776Unused loan commitments
  • $194,073Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $123,327Total risk weighted assets
  • $932,598Total unused commitments
  • $0Restructured Loans and leases
  • $50,000Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $118,337Total interest expense
  • $43,328Net interest income
  • $75,009Provision for loan and lease losses
  • $2,100Total noninterest income
  • $13,680Fiduciary activities
  • $2,306Service charges on deposit accounts
  • $6,692Trading account gains & fees
  • $0Additional noninterest income
  • $4,682Total noninterest expense
  • $63,225Salaries and employee benefits
  • $29,474Premises and equipment expense
  • $8,906Additional noninterest expense
  • $24,845Pre-tax net operating income
  • $23,364Securities gains (losses)
  • $160Applicable income taxes
  • $5,920Income before extraordinary items
  • $17,604Extraordinary gains - net
  • $0Net income attributable to bank
  • $17,604Net charge-offs
  • $1,055Cash dividends
  • $6,568Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.27%Cost of funding earning assets
  • 2.66%Net interest margin
  • 4.61%Noninterest income to earning assets
  • 0.84%Noninterest expense to earning assets
  • 3.88%Net operating income to assets
  • 0.98%Return on assets (ROA)
  • 0.98%Pretax return on assets
  • 1.31%Return on equity (ROE)
  • 15.16%Retained earnings to average equity (YTD only)
  • 9.50%Net charge-offs to loans
  • 0.14%Credit loss provision to net charge-offs
  • 199.05%Efficiency ratio
  • 71,288Assets per employee
  • 2.37%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 37.31%Loss allowance to loans
  • 2.48%Loss allowance to noncurrent loans
  • 88.84%Noncurrent assets plus other real estate owned to assets
  • 1.24%Noncurrent loans to loans
  • 2.79%Net loans and leases to deposits
  • 46.96%Net loans and leases to core deposits
  • 48.64%Equity capital to assets
  • 6.55%Core capital (leverage) ratio
  • 6.78%Tier 1 risk-based capital ratio
  • 13.22%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $1,792,824Average earning assets
  • $116,114Average equity
  • $1,627,500Average loans

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