Vitals
  • Total Assets
    1.4B -7.7 %
  • Total Deposits
    1.1B -7.1 %
  • Total Net Loans
    894.8M -1.7 %
  • Net Income
    -408000.0000 -104.0 %
  • Book Value
    179.9M 2.6 %
  • Book Value x2
    359.7M 2.6 %
  • Book Value x3
    539.6M 2.6 %
ROAA

-.04

ROAE

-.308

Efficiency Ratio

54.461

Net Interest Margin

4.08

Balance Sheet Highlights
Financial Highlights Skylands Community Bank All Insured Commercial Banks in New Jersey
Balance Sheet $(000)
Total Assets 1,354,653 508,346
Total Net Loans 894,799 317,207
Total Deposits 1,112,343 424,169
Total Equity 179,851 55,000
Profitability
Net Income -408 1,807
Return on Average Assets -.04 .416
Return on Average Equity -.308 4.244
Net Interest Margin 4.08 3.792
Efficiency Ratio 54.461 74.154
Noninterest Income/Revenue 12.929 17.801
Balance Sheet Ratios
Loan-to-Deposit 80.443 79.628
Securities/Assets .19 .172
Total Equity/Total Assets .133 .108
Tangible Equity/Tangible Assets .079 .101
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 103,579 50,225
Tier 2 Capital 15,796 4,636
Total Capital 119,375 54,806
Total Risk Weighted Assets 960,553 348,561
Leverage Ratio 8.1 9.689
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 10.78 13.305
Total Capital Ratio 12.43 14.594

Timeline for Skylands Community Bank

Fulton Bank Of New Jersey

Skylands Community Bank was acquired by Fulton Bank Of New Jersey 12 years

View Profile Oct 22 2011

Bts Enterprises, Llc

Bts Enterprises, Llc became a new subsidiary organization for Skylands Community Bank.

View Profile Apr 28 2009

Somerset Valley Bank

Acquisition: Skylands Community Bank acquired a new subsidiary, Somerset Valley Bank, 17 years

View Profile May 05 2007

Somerset Valley Investment Co., Inc.

Somerset Valley Investment Co., Inc. became a new subsidiary organization for Skylands Community Bank.

View Profile May 05 2007

Skylands Community Loan Participation, Llc

Skylands Community Loan Participation, Llc became a new subsidiary organization for Skylands Community Bank.

View Profile Jun 01 2003

Want to see more?

Complete timeline for Skylands Community Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Fulton Bank Of New Jersey Buyer 3,830,369 Pooling of Interests Discontinued 10/22/2011
Somerset Valley Bank Seller 549,490 Pooling of Interests Discontinued 5/5/2007
Relationships Role Relationship Start Relationship End
Fulton Financial Corporation Parent 8/2/2000 10/21/2011
Skylands Financial Corporation Parent 9/17/1999 8/1/2000
Skylands Management Company, Inc Subsidary 8/1/2000 10/21/2011
Skylands Community Loan Participation, Llc Subsidary 6/1/2003 10/21/2011
Bts Enterprises, Llc Subsidary 4/28/2009 10/21/2011
Somerset Valley Investment Co., Inc. Subsidary 6/30/2007 2/13/2008
Somerset Valley Investment Co., Inc. Subsidary 5/5/2007 6/29/2007
Skylands Community Investment Company, Inc. Subsidary 2/24/1995 7/31/2000
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