Vitals
  • Total Assets
    428.1M 5.5 %
  • Total Deposits
    343.4M 6.8 %
  • Total Net Loans
    266.1M 8.7 %
  • Net Income
    5.9M 1.9 %
  • Book Value
    60.8M 5.6 %
  • Book Value x2
    121.7M 5.6 %
  • Book Value x3
    182.5M 5.6 %
ROAA

1.414

ROAE

9.992

Efficiency Ratio

55.91

Net Interest Margin

4.159

Balance Sheet Highlights
Financial Highlights Shrewsbury State Bank All Insured Commercial Banks in New Jersey
Balance Sheet $(000)
Total Assets 428,074 809,002
Total Net Loans 266,051 527,925
Total Deposits 343,360 619,265
Total Equity 60,903 68,447
Profitability
Net Income 5,906 18,820
Return on Average Assets 1.414 1.159
Return on Average Equity 9.992 12.441
Net Interest Margin 4.159 3.875
Efficiency Ratio 55.91 67.556
Noninterest Income/Revenue 17.119 23.53
Balance Sheet Ratios
Loan-to-Deposit 77.485 77.171
Securities/Assets .267 .978
Total Equity/Total Assets .142 .085
Tangible Equity/Tangible Assets .142 .029
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 60,460 58,750
Tier 2 Capital 3,193 10,264
Total Capital 63,653 66,332
Total Risk Weighted Assets 298,841 439,075
Leverage Ratio 14.18 9.495
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 20.23 13.978
Total Capital Ratio 21.3 15.016

Timeline for Shrewsbury State Bank

Valley National Bank

Shrewsbury State Bank was acquired by Valley National Bank 19 years

View Profile Mar 31 2005

Shrewsbury Capital Corporation

Shrewsbury Capital Corporation became a new subsidiary organization for Shrewsbury State Bank.

View Profile Dec 01 2000

Shrewsbury Bancorp

Shrewsbury Bancorp became a new parent organization for Shrewsbury State Bank.

View Profile Oct 26 1995

Shrewsbury State Investment Co., Inc.

Shrewsbury State Investment Co., Inc. became a new subsidiary organization for Shrewsbury State Bank.

View Profile Feb 18 1994

Shrewsbury State Bank

Shrewsbury State Bank was established 50 years ago and is currently headquartered in Shrewsbury, NJ.

Mar 25 1974
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Valley National Bank Buyer 22,312,256 Acquisition Discontinued 3/31/2005
Relationships Role Relationship Start Relationship End
Shrewsbury Bancorp Parent 10/26/1995 3/30/2005
Shrewsbury State Investment Co., Inc. Subsidary 2/18/1994 3/30/2005
Shrewsbury Capital Corporation Subsidary 12/1/2000 12/18/2001
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