United Jersey Bank/South, National Association in Cherry Hill, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 16, 1994

  • United Jersey Bank/South, National Association in Cherry Hill, New Jersey (NJ)
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United Jersey Bank/South, National Association - Overview

  • General
  • FDIC Certificate #: 6454
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Summit Bank (#550)
    Federal Reserve ID: 516819
    Date Established: September 26, 1816
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 37 (Interstate: No)
    OTS Docket #: 11058
    FDIC's unique #: 4317
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: July 16, 1994
    Last Structure Change Process Date: August 09, 1994
    Last Data Update: August 09, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 1800 Cherry Avenue West, Cherry Hill, NJ 8002
    County: Camden
    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: $1,283.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $429Total assets
  • $1,235,640Cash and due from depository institutions
  • $108,455Interest-bearing balances
  • $4,675Securities
  • $261,731Federal funds sold & reverse repurchase agreements
  • $21,500Net loans & leases
  • $813,411Loan loss allowance
  • $18,393Trading account assets
  • $0Bank premises and fixed assets
  • $8,507Other real estate owned
  • $5,067Goodwill and other intangibles
  • $16,732Life insurance assets
  • $237All other assets
  • $0Total liabilities and capital
  • $1,235,640Total liabilities
  • $1,157,558Total deposits
  • $1,065,911Interest-bearing deposits
  • $792,951Deposits held in domestic offices
  • 1065911.00%% insured (estimated)
  • $79Federal funds purchased & repurchase agreements
  • $67,631Trading liabilities
  • $0Other borrowed funds
  • $5,004Subordinated debt
  • $11,150All other liabilities
  • $7,862Total equity capital
  • $7,862Total bank equity capital
  • $78,082Perpetual preferred stock
  • $1,500Common stock
  • $11,186Surplus
  • $16,008Undivided profits
  • Memoranda
  • $49,388Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $22,949Income earned, not collected on loans
  • $6,063Earning assets
  • $1,101,317Long-term assets (5+ years)
  • $218,048Average Assets, year-to-date
  • $1,239,563Average Assets, quarterly
  • $1,231,802Volatile liabilities
  • $103,979Insider loans
  • $11,415FHLB advances
  • $0Loans and leases held for sale
  • $71Unused loan commitments
  • $222,805Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $77,845Total risk weighted assets
  • $907,795Total unused commitments
  • $0Restructured Loans and leases
  • $75,000Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $87,188Total interest expense
  • $27,258Net interest income
  • $59,930Provision for loan and lease losses
  • $7,602Total noninterest income
  • $8,275Fiduciary activities
  • $0Service charges on deposit accounts
  • $6,768Trading account gains & fees
  • $0Additional noninterest income
  • $1,507Total noninterest expense
  • $44,541Salaries and employee benefits
  • $14,542Premises and equipment expense
  • $4,862Additional noninterest expense
  • $25,137Pre-tax net operating income
  • $16,062Securities gains (losses)
  • $294Applicable income taxes
  • $5,570Income before extraordinary items
  • $10,786Extraordinary gains - net
  • $539Net income attributable to bank
  • $11,325Net charge-offs
  • $1,839Cash dividends
  • $5,511Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.88%Cost of funding earning assets
  • 2.46%Net interest margin
  • 5.42%Noninterest income to earning assets
  • 0.75%Noninterest expense to earning assets
  • 4.03%Net operating income to assets
  • 0.85%Return on assets (ROA)
  • 0.91%Pretax return on assets
  • 1.36%Return on equity (ROE)
  • 15.08%Retained earnings to average equity (YTD only)
  • 7.74%Net charge-offs to loans
  • 0.22%Credit loss provision to net charge-offs
  • 413.38%Efficiency ratio
  • 65,189Assets per employee
  • 2.88%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 48.66%Loss allowance to loans
  • 2.21%Loss allowance to noncurrent loans
  • 80.15%Noncurrent assets plus other real estate owned to assets
  • 2.27%Noncurrent loans to loans
  • 2.76%Net loans and leases to deposits
  • 76.31%Net loans and leases to core deposits
  • 78.62%Equity capital to assets
  • 6.32%Core capital (leverage) ratio
  • 6.31%Tier 1 risk-based capital ratio
  • 8.58%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $1,239,563Average earning assets
  • $75,115Average equity
  • $1,106,246Average loans

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