Vista Bank, National Association in Phillipsburg, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 24, 2002

  • Vista Bank, National Association in Phillipsburg, New Jersey (NJ)
  • Show street view No street view available for this location

Vista Bank, National Association - Overview

  • General
  • FDIC Certificate #: 6407
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: United Trust Bank (#6308)
    Federal Reserve ID: 46905
    Date Established: March 18, 1856
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 16 (Interstate: No)
    OTS Docket #: 12711
    FDIC's unique #: 4298
    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: August 24, 2002
    Last Structure Change Process Date: October 03, 2002
    Last Data Update: October 03, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 305 Roseberry Street, Phillipsburg, NJ 8865
    County: Warren
    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)
    Core Based Statistical Area (CBSA): Allentown-Bethlehem-Easton, PA-NJ (#10900)
    CBSA Metro Statistical Area: Allentown-Bethlehem-Easton, PA-NJ (#10900)
  • Financial Summary
  • Total assets: $711.1 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, 2001)

  • Dollar figures in thousands
  • 163Total employees (full-time equivalent)
  • $737,328Total assets
  • $26,936Cash and due from depository institutions
  • $2,410Interest-bearing balances
  • $242,853Securities
  • $2,000Federal funds sold & reverse repurchase agreements
  • $432,945Net loans & leases
  • $6,375Loan loss allowance
  • $0Trading account assets
  • $6,191Bank premises and fixed assets
  • $647Other real estate owned
  • $584Goodwill and other intangibles
  • $0Life insurance assets
  • $25,172All other assets
  • $737,328Total liabilities and capital
  • $679,801Total liabilities
  • $625,385Total deposits
  • $592,379Interest-bearing deposits
  • $625,385Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $39,557Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $12,000Other borrowed funds
  • $0Subordinated debt
  • $2,859All other liabilities
  • $57,527Total equity capital
  • $57,527Total bank equity capital
  • $57,527Perpetual preferred stock
  • $0Common stock
  • $11,339Surplus
  • $9,930Undivided profits
  • Memoranda
  • $36,258Noncurrent loans and leases
  • $71,249Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,245Earning assets
  • $130Long-term assets (5+ years)
  • $3,509Average Assets, year-to-date
  • $680,208Average Assets, quarterly
  • $323,692Volatile liabilities
  • $703,560Insider loans
  • $716,878FHLB advances
  • $99,396Loans and leases held for sale
  • $7,183Unused loan commitments
  • $12,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $71,249Total unused commitments
  • $0Restructured Loans and leases
  • $6,375Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $48,791Total interest income
  • $22,162Total interest expense
  • $26,629Net interest income
  • $900Provision for loan and lease losses
  • $4,978Total noninterest income
  • $435Fiduciary activities
  • $2,993Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,550Additional noninterest income
  • $18,103Total noninterest expense
  • $6,633Salaries and employee benefits
  • $3,204Premises and equipment expense
  • $8,266Additional noninterest expense
  • $12,604Pre-tax net operating income
  • $252Securities gains (losses)
  • $3,885Applicable income taxes
  • $8,971Income before extraordinary items
  • $0Extraordinary gains - net
  • $8,971Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $691Sale, conversion, retirement of capital stock, net
  • $4,790Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.42%Yield on earning assets
  • 3.37%Cost of funding earning assets
  • 4.05%Net interest margin
  • 0.76%Noninterest income to earning assets
  • 2.75%Noninterest expense to earning assets
  • 1.25%Net operating income to assets
  • 1.28%Return on assets (ROA)
  • 1.83%Pretax return on assets
  • 16.32%Return on equity (ROE)
  • 7.61%Retained earnings to average equity (YTD only)
  • 0.16%Net charge-offs to loans
  • 130.25%Credit loss provision to net charge-offs
  • 19.54%Efficiency ratio
  • 56,924Assets per employee
  • 4.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 53.39%Loss allowance to loans
  • 1.45%Loss allowance to noncurrent loans
  • 283.96%Noncurrent assets plus other real estate owned to assets
  • 0.39%Noncurrent loans to loans
  • 0.51%Net loans and leases to deposits
  • 69.23%Net loans and leases to core deposits
  • 75.75%Equity capital to assets
  • 7.80%Core capital (leverage) ratio
  • 7.37%Tier 1 risk-based capital ratio
  • 10.30%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $703,560Average earning assets
  • $54,968Average equity
  • $657,416Average loans

Total Fiduciary and Related Assets (December 31, 2001)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $44,303Managed Assets
  • 1Number of Accounts
  • $43,035Personal trust and agency accounts
  • $22,376Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $5,864Other retirement accounts
  • $1,653Corporate trust and agency accounts
  • $1Investment management agency accounts
  • $13,141Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 107Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,268Other retirement accounts
  • $417Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $851Fiduciary accounts held in foreign offices

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Vista Bank, National Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents