College Savings Bank
Princeton, NJ — State Savings Bank
Acquired Dec 2015
Vitals
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Total Assets299.6M -37.2 %
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Total Deposits246.4M -29.8 %
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Total Net Loans
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Net Income6.5M 81,600.0 %
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Book Value46.7M 8.1 %
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Book Value x293.4M 8.1 %
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Book Value x3140.0M 8.1 %
Balance Sheet Highlights
Financial Highlights | College Savings Bank | All Insured Savings Banks in New Jersey |
Balance Sheet $(000) | ||
Total Assets | 299,553 | 1,085,999 |
Total Net Loans | — | 714,750 |
Total Deposits | 246,449 | 789,227 |
Total Equity | 46,682 | 136,143 |
Profitability | ||
Net Income | 6,520 | 5,174 |
Return on Average Assets | 2.215 | .392 |
Return on Average Equity | 19.119 | 3.335 |
Net Interest Margin | .214 | 2.69 |
Efficiency Ratio | 49.781 | 80.169 |
Noninterest Income/Revenue | 68.117 | 10.528 |
Balance Sheet Ratios | ||
Loan-to-Deposit | — | 78.438 |
Securities/Assets | .203 | |
Total Equity/Total Assets | .156 | .125 |
Tangible Equity/Tangible Assets | .156 | .119 |
Capital Adequacy | ||
Tier 1 Common Capital | 46,543 | 122,967 |
Tier 1 Capital | 46,543 | 122,967 |
Tier 2 Capital | — | 6,406 |
Total Capital | 46,543 | 129,346 |
Total Risk Weighted Assets | 4,142 | 699,593 |
Leverage Ratio | 14.24 | 11.87 |
Common Equity Tier 1 Capital Ratio | 1123.68 | 24.669 |
Tier 1 Capital Ratio | 1123.68 | 24.669 |
Total Capital Ratio | 1123.68 | 25.6 |
Timeline for College Savings Bank
Pacific Lifecorp
Pacific Lifecorp became a new parent organization for College Savings Bank.
View Profile Jul 21 2011College Savings Bank
College Savings Bank was established 36 years ago and is currently headquartered in Princeton, NJ.
Sep 08 1987Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Nexbank, Ssb | Buyer | 4,004,673 | Acquisition | Discontinued | 12/1/2015 |
Relationships | Role | Relationship Start | Relationship End |
Pacific Lifecorp | Parent | 7/21/2011 | 1/12/2012 |
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