FDIC Certificate #: 29170 Status: Active Federal Reserve ID: 644776 Bank Holding Company (Regulatory Top Holder): United Roosevelt Mhc (RSSDID: 2589666, Location: Carteret, NJ) Date Established: January 01, 1914 Trust Powers Granted: No Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 3034 FDIC's unique #: 42004 Numeric code: 41 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: Mortgage Lending Specialization Date of Deposit Insurance: Febuary 13, 1940 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: 11-15 Cooke Avenue, Carteret, NJ 7008 County: Middlesex 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): Middlesex-Somerset-Hunterdon, NJ (#5015) 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)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $99.1 mil Equity capital: $15.5 mil Deposits held in domestic offices: $81.6 mil Return on assets (ROA): 0.16% ($0.2 mil) Quarterly return on assets: 0.15% ($0.1 mil) Return on Equity (ROE): 1.06% ($0.2 mil) Quarterly return on equity: 0.95% ($0.2 mil) Net income: $0.2 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.28% ($277.4 mil) Quarterly Pretax return on assets: 0.25% ($247.7 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
14Total employees (full-time equivalent)
$99,087Total assets
$8,967Cash and due from depository institutions
$6,683Interest-bearing balances
$68,874Securities
$0Federal funds sold & reverse repurchase agreements
$18,782Net loans & leases
$198Loan loss allowance
$0Trading account assets
$644Bank premises and fixed assets
$240Other real estate owned
$0Goodwill and other intangibles
$99,087Life insurance assets
$1,580All other assets
$83,540Total liabilities and capital
$81,573Total liabilities
$80,354Total deposits
$81,573Interest-bearing deposits
$99Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,967Subordinated debt
$15,547All other liabilities
$15,547Total equity capital
$15,547Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$0Surplus
$15,347Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$80Income earned, not collected on loans
$0Earning assets
$262Long-term assets (5+ years)
$94,339Average Assets, year-to-date
$72,513Average Assets, quarterly
$98,708Volatile liabilities
$99,018Insider loans
$26,738FHLB advances
$98,595Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$15,350Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,056Restructured Loans and leases
$90Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,424Total interest income
$856Total interest expense
$2,568Net interest income
$0Provision for loan and lease losses
$50Total noninterest income
$0Fiduciary activities
$25Service charges on deposit accounts
$0Trading account gains & fees
$25Additional noninterest income
$2,346Total noninterest expense
$1,334Salaries and employee benefits
$272Premises and equipment expense
$740Additional noninterest expense
$272Pre-tax net operating income
$0Securities gains (losses)
$112Applicable income taxes
$160Income before extraordinary items
$0Extraordinary gains - net
$160Net income attributable to bank
$0Net charge-offs
$160Cash dividends
-$28Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.59%Yield on earning assets
0.90%Cost of funding earning assets
2.69%Net interest margin
0.05%Noninterest income to earning assets
2.46%Noninterest expense to earning assets
0.16%Net operating income to assets
0.16%Return on assets (ROA)
0.28%Pretax return on assets
1.06%Return on equity (ROE)
1.06%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
89,610Assets per employee
7.08%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.04%Loss allowance to noncurrent loans
247.50%Noncurrent assets plus other real estate owned to assets
0.32%Noncurrent loans to loans
0.42%Net loans and leases to deposits
23.02%Net loans and leases to core deposits
23.44%Equity capital to assets
15.69%Core capital (leverage) ratio
15.57%Tier 1 risk-based capital ratio
57.41%Total risk-based capital ratio
Memoranda
$58Average assets
$98,708Average earning assets
$15,036Average equity
$95,402Average loans
List of branches
1 New Jersey Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
42004
United Roosevelt Savings Bank
11-15 Cooke Avenue, Carteret, NJ 7008
January 01, 1914
Full Service Brick and Mortar
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