Union County Savings Bank in city_name, state_name - Detailed Financial Reports, Location

Union County Savings Bank in Elizabeth, New Jersey (NJ)
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Union County Savings Bank routing number info

Union County Savings Bank - Overview

General
FDIC Certificate #: 12013
Status: Active
Federal Reserve ID: 373601
Date Established: October 01, 1883
Trust Powers Granted: No
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
FDIC's unique #: 7656
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: All Other Specialization > 1 Billion
Date of Deposit Insurance: January 01, 1934
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: 320 North Broad Street, Elizabeth, NJ 7207
County: Union
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)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $1,477.4 mil
Equity capital: $186.4 mil
Deposits held in domestic offices: $1,280.4 mil
Return on assets (ROA): 0.74% ($10.9 mil)
Quarterly return on assets: 0.02% ($0.3 mil)
Return on Equity (ROE): 5.52% ($10.3 mil)
Quarterly return on equity: 0.12% ($0.2 mil)
Net income: $10.4 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 1.07% ($15,808.7 mil)
Quarterly Pretax return on assets: 1.29% ($19,059.0 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
42Total employees (full-time equivalent)
$1,477,444Total assets
$358,296Cash and due from depository institutions
$334,826Interest-bearing balances
$967,169Securities
$0Federal funds sold & reverse repurchase agreements
$119,433Net loans & leases
$629Loan loss allowance
$0Trading account assets
$2,138Bank premises and fixed assets
$445Other real estate owned
$0Goodwill and other intangibles
$1,477,444Life insurance assets
$29,963All other assets
$1,291,057Total liabilities and capital
$1,280,446Total liabilities
$1,259,050Total deposits
$1,280,446Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$10,611Subordinated debt
$186,387All other liabilities
$186,387Total equity capital
$186,387Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$176,035Surplus
$10,352Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$18,386Income earned, not collected on loans
$17,943Earning assets
$9,632Long-term assets (5+ years)
$1,421,428Average Assets, year-to-date
$1,040,876Average Assets, quarterly
$1,408,584Volatile liabilities
$1,456,467Insider loans
$407,986FHLB advances
$1,432,131Loans and leases held for sale
$1,136Unused loan commitments
$1,136Tier 1 (core) risk-based capital
$185,371Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$11,961Restructured Loans and leases
$6Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$38,169Total interest income
$18,626Total interest expense
$19,543Net interest income
$37Provision for loan and lease losses
$98Total noninterest income
$0Fiduciary activities
$45Service charges on deposit accounts
$0Trading account gains & fees
$53Additional noninterest income
$8,047Total noninterest expense
$4,396Salaries and employee benefits
$463Premises and equipment expense
$3,188Additional noninterest expense
$11,557Pre-tax net operating income
$3,450Securities gains (losses)
$4,637Applicable income taxes
$10,370Income before extraordinary items
$0Extraordinary gains - net
$10,370Net income attributable to bank
$0Net charge-offs
$10,370Cash dividends
$37Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
2.83%Yield on earning assets
1.38%Cost of funding earning assets
1.45%Net interest margin
0.01%Noninterest income to earning assets
0.60%Noninterest expense to earning assets
0.57%Net operating income to assets
0.74%Return on assets (ROA)
1.07%Pretax return on assets
5.52%Return on equity (ROE)
5.52%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
100.00%Credit loss provision to net charge-offs
313.35%Efficiency ratio
40,970Assets per employee
35.18%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.52%Loss allowance to noncurrent loans
3.42%Noncurrent assets plus other real estate owned to assets
1.27%Noncurrent loans to loans
15.31%Net loans and leases to deposits
9.33%Net loans and leases to core deposits
9.57%Equity capital to assets
12.62%Core capital (leverage) ratio
12.94%Tier 1 risk-based capital ratio
45.44%Total risk-based capital ratio
Memoranda
$46Average assets
$1,408,584Average earning assets
$187,746Average equity
$1,349,250Average loans

List of branches

4 New Jersey Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	7656	Union County Savings Bank	320 North Broad Street, Elizabeth, NJ 7207	October 01, 1883	Full Service Brick and Mortar
1	226213	Broad Street Branch	61 Broad Street, Elizabeth, NJ 7201	April 07, 1958	Full Service Brick and Mortar
2	226214	Union Branch	Chestnut Street And Indian Run Pkwy., Union, NJ 7083	September 13, 1975	Full Service Brick and Mortar
3	226215	Cranford Branch	201 North Avenue West, Cranford, NJ 7016	April 25, 1981	Full Service Brick and Mortar

Joseph T. Kinelski

⚠

Question: I have been granted Guardianship of my mother's assets. I will need to cash out some CDs in order to continue paying her bills which include nursing home payments. The branch my mother dealt with is 61 broad street.

Can you put me in contact with the branch manager so I can make an appointment for the week of dec. 30th.

I need to know what I have to do to get this done.

Thank you

Joe Kinelski

Union County Savings Bank in Elizabeth, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

Union County Savings Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Union County Savings Bank in Elizabeth, New Jersey (NJ)Overview, Financial Summary, Detailed Financial Reports, Branches

Union County Savings Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Union County Savings Bank in Elizabeth, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches