Cape Bank
Cape May Court House, NJ — Domestic Branch of a Domestic Bank
Acquired May 2016
Vitals
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Total Assets1.6B 45.9 %
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Total Deposits1.2B 65.2 %
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Total Net Loans1.2B 51.8 %
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Net Income3.3M 169.7 %
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Book Value164.0M 23.2 %
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Book Value x2327.9M 23.2 %
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Book Value x3491.9M 23.2 %
Balance Sheet Highlights
Financial Highlights | Cape Bank | All Insured Savings Banks in New Jersey |
Balance Sheet $(000) | ||
Total Assets | 1,588,746 | 960,063 |
Total Net Loans | 1,172,028 | 632,057 |
Total Deposits | 1,242,363 | 712,282 |
Total Equity | 163,974 | 117,678 |
Profitability | ||
Net Income | 3,269 | 1,506 |
Return on Average Assets | .82 | .402 |
Return on Average Equity | 8.046 | 3.528 |
Net Interest Margin | 3.741 | 2.771 |
Efficiency Ratio | 58.087 | 78.387 |
Noninterest Income/Revenue | 7.82 | 8.886 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 94.339 | 80.504 |
Securities/Assets | .156 | .217 |
Total Equity/Total Assets | .103 | .123 |
Tangible Equity/Tangible Assets | .088 | .118 |
Capital Adequacy | ||
Tier 1 Common Capital | 135,248 | 114,807 |
Tier 1 Capital | 135,248 | 114,807 |
Tier 2 Capital | 10,201 | 5,490 |
Total Capital | 145,449 | 120,283 |
Total Risk Weighted Assets | 1,202,928 | 606,447 |
Leverage Ratio | 8.64 | 11.671 |
Common Equity Tier 1 Capital Ratio | 11.24 | 22.438 |
Tier 1 Capital Ratio | 11.24 | 22.438 |
Total Capital Ratio | 12.09 | 23.358 |
Timeline for Cape Bank
Colonial Bank, Fsb
Acquisition: Cape Bank acquired a new subsidiary, Colonial Bank, Fsb, 9 years
View Profile Apr 01 2015Cobk Investments
Cobk Investments became a new subsidiary organization for Cape Bank.
View Profile Apr 01 2015Cohansey Bridge, Llc
Cohansey Bridge, Llc became a new subsidiary organization for Cape Bank.
View Profile Apr 01 2015Cape Bancorp, Inc.
Cape Bancorp, Inc. became a new parent organization for Cape Bank.
View Profile Jul 21 2011Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Oceanfirst Bank | Buyer | 4,156,113 | Acquisition | Discontinued | 5/2/2016 |
Colonial Bank, Fsb | Seller | 571,977 | Acquisition | Discontinued | 4/1/2015 |
Boardwalk Bank | Seller | 450,157 | Acquisition | Discontinued | 2/1/2008 |
Guardian Savings And Loan Association | Seller | 98,952 | Discontinued | 7/1/1991 |
Relationships | Role | Relationship Start | Relationship End |
Cape Bancorp, Inc. | Parent | 12/31/2015 | 5/1/2016 |
Cape Bancorp, Inc. | Parent | 7/21/2011 | 12/30/2015 |
Cobk Investments | Subsidary | 4/1/2015 | 5/1/2016 |
Cohansey Bridge, Llc | Subsidary | 4/1/2015 | 5/1/2016 |
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