The Newton Trust Company
Newton, NJ — Domestic Branch of a Domestic Bank
Acquired Nov 2005
Vitals
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Total Assets374.7M 0.9 %
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Total Deposits268.6M 2.7 %
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Total Net Loans188.1M -5.9 %
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Net Income2.5M 185.4 %
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Book Value99.7M 2.7 %
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Book Value x2199.5M 2.7 %
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Book Value x3299.2M 2.7 %
Balance Sheet Highlights
Financial Highlights | The Newton Trust Company | All Insured Commercial Banks in New Jersey |
Balance Sheet $(000) | ||
Total Assets | 374,669 | 710,094 |
Total Net Loans | 188,071 | 424,841 |
Total Deposits | 268,630 | 554,434 |
Total Equity | 99,727 | 67,441 |
Profitability | ||
Net Income | 2,477 | 13,898 |
Return on Average Assets | .893 | 1.16 |
Return on Average Equity | 3.353 | 12.106 |
Net Interest Margin | 4.236 | 3.905 |
Efficiency Ratio | 59.517 | 67.202 |
Noninterest Income/Revenue | 9.166 | 18.736 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 70.011 | 77.611 |
Securities/Assets | .172 | .71 |
Total Equity/Total Assets | .266 | .095 |
Tangible Equity/Tangible Assets | .091 | .01 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 34,355 | 55,666 |
Tier 2 Capital | 1,942 | 6,995 |
Total Capital | 36,297 | 61,092 |
Total Risk Weighted Assets | 204,666 | 407,116 |
Leverage Ratio | 10.76 | 9.741 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 16.79 | 14.381 |
Total Capital Ratio | 17.73 | 15.416 |
Timeline for The Newton Trust Company
Lakeland Bank
The Newton Trust Company was acquired by Lakeland Bank 18 years
View Profile Nov 05 2005Lakeland Bancorp, Inc.
Lakeland Bancorp, Inc. became a new parent organization for The Newton Trust Company.
View Profile Jul 01 2004Newton Investment Corp.
Newton Investment Corp. became a new subsidiary organization for The Newton Trust Company.
View Profile Apr 01 1989Newton Financial Corporation
Newton Financial Corporation became a new parent organization for The Newton Trust Company.
View Profile Jul 21 1983The Newton Trust Company
The Newton Trust Company was established 122 years ago and is currently headquartered in Newton, NJ.
Apr 01 1902Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Lakeland Bank | Buyer | 4,893,899 | Pooling of Interests | Discontinued | 11/5/2005 |
Relationships | Role | Relationship Start | Relationship End |
Lakeland Bancorp, Inc. | Parent | 7/1/2004 | 11/4/2005 |
Newton Financial Corporation | Parent | 12/30/1998 | 6/30/2004 |
Newton Financial Corporation | Parent | 3/31/1988 | 12/29/1998 |
Newton Financial Corporation | Parent | 7/21/1983 | 3/30/1988 |
Newton Investment Corp. | Subsidary | 4/1/1989 | 11/4/2005 |
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