The National Bank of Sussex County in Branchville, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 29, 2001

  • The National Bank of Sussex County in Branchville, New Jersey (NJ)
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The National Bank of Sussex County - Overview

  • General
  • FDIC Certificate #: 6315
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Lakeland Bank (#19953)
    Federal Reserve ID: 755609
    Date Established: December 07, 1933
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 10 (Interstate: No)
    OTS Docket #: 14182
    FDIC's unique #: 4260
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 29, 2001
    Last Structure Change Process Date: July 18, 2001
    Last Data Update: July 18, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: Broad Street, Branchville, NJ 7826
    County: Sussex
    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): Newark, NJ (#5640)
    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: Newark-Union, NJ-PA (#35084)
  • Financial Summary
  • Total assets: $329.8 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, 2000)

  • Dollar figures in thousands
  • 120Total employees (full-time equivalent)
  • $319,160Total assets
  • $12,891Cash and due from depository institutions
  • $649Interest-bearing balances
  • $113,212Securities
  • $25,875Federal funds sold & reverse repurchase agreements
  • $148,071Net loans & leases
  • $4,157Loan loss allowance
  • $0Trading account assets
  • $7,132Bank premises and fixed assets
  • $0Other real estate owned
  • $1,047Goodwill and other intangibles
  • $0Life insurance assets
  • $10,932All other assets
  • $319,160Total liabilities and capital
  • $295,497Total liabilities
  • $275,876Total deposits
  • $223,114Interest-bearing deposits
  • $275,876Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $6,091Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $10,000Other borrowed funds
  • $0Subordinated debt
  • $3,530All other liabilities
  • $23,663Total equity capital
  • $23,663Total bank equity capital
  • $23,663Perpetual preferred stock
  • $0Common stock
  • $6,000Surplus
  • $11,200Undivided profits
  • Memoranda
  • $6,463Noncurrent loans and leases
  • $30,390Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $665Earning assets
  • $0Long-term assets (5+ years)
  • $644Average Assets, year-to-date
  • $287,807Average Assets, quarterly
  • $122,081Volatile liabilities
  • $294,910Insider loans
  • $308,273FHLB advances
  • $24,830Loans and leases held for sale
  • $4,245Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,780Total risk weighted assets
  • $30,390Total unused commitments
  • $0Restructured Loans and leases
  • $2,233Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $19,982Total interest income
  • $8,181Total interest expense
  • $11,801Net interest income
  • $0Provision for loan and lease losses
  • $3,087Total noninterest income
  • $0Fiduciary activities
  • $1,783Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,304Additional noninterest income
  • $8,602Total noninterest expense
  • $4,797Salaries and employee benefits
  • $1,980Premises and equipment expense
  • $1,825Additional noninterest expense
  • $6,286Pre-tax net operating income
  • -$168Securities gains (losses)
  • $2,236Applicable income taxes
  • $3,882Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,882Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$197Sale, conversion, retirement of capital stock, net
  • $2,377Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.59%Yield on earning assets
  • 3.11%Cost of funding earning assets
  • 4.48%Net interest margin
  • 1.17%Noninterest income to earning assets
  • 3.27%Noninterest expense to earning assets
  • 1.35%Net operating income to assets
  • 1.32%Return on assets (ROA)
  • 2.07%Pretax return on assets
  • 17.46%Return on equity (ROE)
  • 6.77%Retained earnings to average equity (YTD only)
  • -0.14%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 57,771Assets per employee
  • 2.66%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 61.23%Loss allowance to loans
  • 2.73%Loss allowance to noncurrent loans
  • 625.11%Noncurrent assets plus other real estate owned to assets
  • 0.21%Noncurrent loans to loans
  • 0.44%Net loans and leases to deposits
  • 53.67%Net loans and leases to core deposits
  • 57.58%Equity capital to assets
  • 7.41%Core capital (leverage) ratio
  • 7.33%Tier 1 risk-based capital ratio
  • 12.80%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $294,910Average earning assets
  • $22,239Average equity
  • $263,255Average loans

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