Company Information

  

Address: 601 DELSEA DRIVE  
City: WASHINGTON TOWNSHIP 
State: NJ 
Zip Code: 08080 
Telephone: 856 256-2500 

Description of Business

Primary SIC Code: 6022
(As filed with the SEC)  

The Bank is a New Jersey-chartered commercial bank, incorporated in August 1998. It commenced operations in January 1999. The Bank maintains its principal office at 601 Delsea Drive, Washington Township, New Jersey in the Parke Place age-restricted community. It also conducts business through office's in Northfield and another office in Washington Township. The Bank is a full service commercial bank, with an emphasis on providing personal and business financial services to individuals and small to mid-sized businesses in Gloucester, Atlantic and Cape May Counties in New Jersey and the Philadelphia area in Pennsylvania. The Bank focuses its commercial loan originations on small and mid-sized business. Commercial loan products include residential and commercial real estate construction loans; working capital loans and lines of credit; demand, term and time loans; and equipment, inventory and accounts receivable financing.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20171.440.12015.56
03/20171.780.09110.89
12/20161.700.09110.78
09/20161.960.0736.98
06/20161.850.0736.36
03/20161.170.0669.40
12/20151.170.0588.79
09/20151.010.05810.37

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.31Total Liab/Total Assets0.87
Net Inc/Total Assets0.02Total Liab/Inv Cap0.95
Net Inc/Inv Cap0.02Total Liab/Comm Equity14.82
Pretax Inc/Net Sales0.53Interest Coverage Ratio21.53
Net Inc/Net Sales0.35Curr Debt/Equity0.63
Cash Flow/Net Sales0.24LTD/EquityNA
SG&A/NetSales0.32Total Debt/Equity0.63
Asset Utilization   Liquidity  
Net Receivables Turnover17.13Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E3.34  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 12.36 11.49 11.53 10.50
Cost of Goods Sold 1.55 1.47 1.42 1.37
Selling & Admin Exps 3.56 3.69 3.77 4.18
Operating Income NA NA NA NA
Interest Exp 0.42 0.38 0.35 0.33
Pretax Income 5.83 5.46 5.30 3.93
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 3.70 3.46 3.38 3.88

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 69.29 89.93 122.46 96.45
Receivables - Total 3.33 3.23 3.12 2.90
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 15.62 15.01 15.73 15.67
Total Assets 1,042.91 1,016.39 1,016.19 954.60
Liabilities        
Accounts Payable 0.63 0.62 0.66 0.58
Debt in Current Liabilities 99.65 79.65 79.65 69.65
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 910.56 886.64 889.05 829.40
Stockholder's Equity        
Minority Interest -0.12 -0.05 -0.04 -0.01
Preferred Stock 19.83 19.90 20.00 20.00
Common Stock 0.72 0.72 0.72 0.71
Retained Earnings 52.45 49.96 47.48 45.09
Treasury Stock -3.02 -3.02 -3.02 -3.02
Total Stockholders' Equity 132.35 129.74 127.13 125.20
Total Liabilities and Stockholders' Equity 1,042.91 1,016.39 1,016.19 954.60

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 1.18 2.96 0.97 3.85
Net Cash Provided by Investing Activities -43.95 -31.50 -40.56 -30.59
Net Cash Provided by Financing Activities 22.54 -2.45 58.16 26.25

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201242.117.310.80
12/201340.217.571.17
12/201445.7610.471.09
12/201544.4910.701.17
12/201652.4918.511.70
Growth Rates5.6626.1320.74

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17551,90524.84




Report Date : 10/23/2017

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