The Trust Company Of New Jersey
Jersey City, NJ — Domestic Branch of a Domestic Bank
Acquired May 2004
Vitals
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Total Assets4.2B -2.4 %
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Total Deposits3.2B -4.1 %
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Total Net Loans2.2B 8.9 %
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Net Income8.1M 131.7 %
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Book Value276.4M 3.6 %
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Book Value x2552.8M 3.6 %
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Book Value x3829.2M 3.6 %
Balance Sheet Highlights
| Financial Highlights | The Trust Company Of New Jersey | All Insured Commercial Banks in New Jersey |
| Balance Sheet $(000) | ||
| Total Assets | 4,203,640 | 764,502 |
| Total Net Loans | 2,193,116 | 403,232 |
| Total Deposits | 3,220,874 | 623,740 |
| Total Equity | 276,443 | 61,558 |
| Profitability | ||
| Net Income | 8,094 | 4,300 |
| Return on Average Assets | .767 | 1.075 |
| Return on Average Equity | 11.998 | 12.132 |
| Net Interest Margin | 3.435 | 3.913 |
| Efficiency Ratio | 87.341 | 68.983 |
| Noninterest Income/Revenue | 11.761 | 19.098 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 68.091 | 71.829 |
| Securities/Assets | .371 | .71 |
| Total Equity/Total Assets | .066 | .081 |
| Tangible Equity/Tangible Assets | .064 | .043 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 253,158 | 55,071 |
| Tier 2 Capital | 10,191 | 5,643 |
| Total Capital | 263,349 | 62,229 |
| Total Risk Weighted Assets | 2,473,638 | 423,877 |
| Leverage Ratio | 6 | 9.433 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 10.23 | 13.977 |
| Total Capital Ratio | 10.65 | 15.048 |
Timeline for The Trust Company Of New Jersey
North Fork Bank
The Trust Company Of New Jersey was acquired by North Fork Bank 19 years
View Profile May 15 2004
Trustcompany Bancorporation, The
Acquisition: The Trust Company Of New Jersey acquired a new subsidiary, Trustcompany Bancorporation, The , 30 years
View Profile Dec 29 1993
Trustcompany Bancorporation, The
Trustcompany Bancorporation, The became a new parent organization for The Trust Company Of New Jersey.
View Profile Nov 01 1985
The Trust Company Of New Jersey
The Trust Company Of New Jersey became a new parent organization for The Trust Company Of New Jersey.
View Profile Dec 31 1980
The Trust Company Of New Jersey
The Trust Company Of New Jersey became a new subsidiary organization for The Trust Company Of New Jersey.
View Profile Dec 31 1980
Want to see more?
Complete timeline for The Trust Company Of New Jersey is available.
View Complete Timeline| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| North Fork Bank | Buyer | 53,638,994 | Acquisition | Discontinued | 5/15/2004 |
| Trustcompany Bancorporation, The | Seller | Discontinued | 12/29/1993 | ||
| West Bergen Trust Company | Seller | Failure | 4/22/1939 | ||
| Trust Co Of Nj | Seller | Failure | 4/22/1939 |
| Relationships | Role | Relationship Start | Relationship End |
| Trustcompany Bancorporation, The | Parent | 11/1/1985 | 12/28/1993 |
| The Trust Company Of New Jersey | Parent | 12/31/1980 | 2/17/1983 |
| Wilshire Oil Company Of Texas | Parent | 12/31/1970 | 2/17/1983 |
| The Trust Company Of New Jersey | Subsidary | 12/31/1980 | 2/17/1983 |
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