The First National Bank Of Elmer Mortgage Rates, Fees & Info
Elmer, NJ
LEI: 549300O3C6Y0X1FKZJ98
Tax ID: 21-0445725
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Mortgage Data
Bank Data
Review & Overview
The First National Bank Of Elmer is a smaller bank specializing in
various types of mortgages.
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Originations
0
Origination Dollar Volume (All Markets)
$0
Employee count
71
Bank Details
Branches
| Bank Name |
Branch |
Branch Type |
Deposits (000's) |
| The First National Bank of Elmer |
10 South Main Street Elmer, NJ 8318 |
Full Service B&M
|
$85,929 |
| The First National Bank of Elmer |
100 Clayton Aura Road Glassboro, NJ 8028 |
Full Service B&M
|
$74,804 |
| The First National Bank of Elmer |
11 Bailey Street Pilesgrove, NJ 8098 |
Full Service B&M
|
$46,220 |
| The First National Bank of Elmer |
1168 State Highway 77 Bridgeton, NJ 8302 |
Full Service B&M
|
$39,581 |
| The First National Bank of Elmer |
130 Harding Highway Elmer, NJ 8318 |
Full Service B&M
|
$36,025 |
| The First National Bank of Elmer |
806 Centerton Road Elmer, NJ 8318 |
Full Service B&M
|
$57,977 |
For 2021, The First National Bank Of Elmer had 6 branches.
Yearly Performance Overview
Bank Income
The First National Bank Of Elmer's gross interest income from loans was $12,735,000.
The First National Bank Of Elmer's net interest income from loans was $11,872,000.
The First National Bank Of Elmer's fee based income from loans was $292,000.
The First National Bank Of Elmer's net income from loans was $1,992,000.
Bank Expenses
| Item |
Value (in 000's) |
| Total interest expense |
$863 |
| Provision for credit losses |
$300 |
| Total noninterest expense |
$9,862 |
| Salaries and employee benefits |
$5,673 |
| Premises and equipment expense |
$1,163 |
| Additional noninterest expense |
$3,026 |
| Applicable income taxes |
$752 |
| Net charge-offs |
$-77 |
| Cash dividends |
$506 |
The First National Bank Of Elmer's interest expense for loans was $863,000.
The First National Bank Of Elmer's payroll and benefits expense were $5,673,000.
The First National Bank Of Elmer's property, plant and equipment expenses $1,163,000.
Deposits
| Type |
Value (in 000's) |
| Total deposits |
$344,594 |
| Deposits held in domestic offices |
$344,594 |
| Deposits by Individuals, partnerships, and corporations |
$302,355 |
| Deposits by U.S. Government |
$0 |
| Deposits by States and political subdivisions in the U.S. |
$42,239 |
| Deposits by Commercial banks and other depository institutions in U.S. |
$0 |
| Deposits by Banks in foreign countries |
$0 |
| Deposits by Foreign governments and official institutions |
$0 |
| Transaction accounts |
$30,767 |
| Demand deposits |
$24,793 |
| Nontransaction accounts |
$313,827 |
| Money market deposit accounts (MMDAs) |
$42,683 |
| Other savings deposits (excluding MMDAs) |
$220,627 |
| Total time deposits |
$50,517 |
| Total time and savings deposits |
$319,801 |
| Noninterest-bearing deposits |
$24,793 |
| Interest-bearing deposits |
$319,801 |
| Retail deposits |
$336,649 |
| IRAs and Keogh plan accounts |
$15,856 |
| Brokered deposits |
$0 |
| Deposits held in foreign offices |
$0 |
Assets
| Asset |
Value (in 000's) |
| Total Assets |
$375,688 |
| Cash & Balances due from depository institutions |
$4,062 |
| Interest-bearing balances |
$1,484 |
| Total securities |
$29,698 |
| Federal funds sold & reverse repurchase |
$78,479 |
| Net loans and leases |
$249,464 |
| Loan and leases loss allowance |
$4,557 |
| Trading account assets |
$0 |
| Bank premises and fixed assets |
$3,647 |
| Other real estate owned |
$0 |
| Goodwill and other intangibles |
$60 |
| All other assets |
$10,278 |
Liabilities
| Liabilities |
Value (in 000's) |
| Total liabilities and capital |
$375,688 |
| Total Liabilities |
$346,294 |
| Total deposits |
$344,594 |
| Interest-bearing deposits |
$319,801 |
| Deposits held in domestic offices |
$344,594 |
| % insured (estimated) |
$78 |
| Federal funds purchased and repurchase agreements |
$0 |
| Trading liabilities |
$0 |
| Other borrowed funds |
$0 |
| Subordinated debt |
$0 |
| All other liabilities |
$1,700 |
Issued Loan Types
| Type |
Value (in 000's) |
| Net loans and leases |
$249,464 |
| Loan and leases loss allowance |
$4,557 |
| Total loans and leases (domestic) |
$254,021 |
| All real estate loans |
$231,254 |
| Real estate loans in domestic offices |
$231,254 |
| Construction and development loans |
$9,580 |
| Residential 1-4 family construction |
$3,281 |
| Other construction, all land development and other land |
$6,299 |
| Loans secured by nonfarm nonresidential properties |
$117,055 |
| Nonfarm nonresidential secured by owner-occupied properties |
$52,829 |
| Commercial real estate & other non-farm, non-residential |
$64,226 |
| Multifamily residential real estate |
$3,895 |
| 1-4 family residential loans |
$99,307 |
| Farmland loans |
$1,417 |
| Loans held in foreign offices |
$0 |
| Farm loans |
$2,114 |
| Commercial and industrial loans |
$20,481 |
| To non-U.S. addressees |
$0 |
| Loans to individuals |
$500 |
| Credit card loans |
$0 |
| Related Plans |
$8 |
| Consumer Auto Loans |
$21 |
| Other loans to individuals |
$471 |
| All other loans & leases |
$0 |
| Loans to foreign governments and official institutions |
$0 |
| Other loans |
$0 |
| Loans to depository institutions and acceptances of other banks |
$0 |
| Loans not secured by real estate |
$0 |
| Loans secured by real estate to non-U.S. addressees |
$0 |
| Restructured Loans & leases |
$4,688 |
| Non 1-4 family restructured loans & leases |
$3,026 |
| Total loans and leases (foreign) |
$0 |
The First National Bank of Elmer had $249,464,000 of loans outstanding in 2021. $231,254,000 of loans were in real estate loans.
$9,580,000 of loans were in development loans. $3,895,000 of loans were in multifamily mortgage loans.
$99,307,000 of loans were in 1-4 family mortgage loans. $2,114,000 of loans were in farm loans. $0
of loans were in credit card loans. $21,000 of loans were in the auto loan category.
Small Business Loans
| Categorization |
# of Loans in Category |
$ amount of loans (in 000's) |
Average $/loan |
| Nonfarm, nonresidential loans - <$1MM |
206 |
$47,282 |
$229,524 |
| Nonfarm, nonresidential loans - <$100k |
54 |
$893 |
$16,537 |
| Nonfarm, nonresidential loans - $100-250k |
57 |
$7,293 |
$127,947 |
| Nonfarm, nonresidential loans - $250k-1MM |
95 |
$39,096 |
$411,537 |
| Commercial & Industrial, US addressed loans - <$1MM |
287 |
$17,587 |
$61,279 |
| Commercial & Industrial, US addressed loans - <$100k |
205 |
$2,837 |
$13,839 |
| Commercial & Industrial, US addressed loans - $100-250k |
44 |
$3,958 |
$89,955 |
| Commercial & Industrial, US addressed loans - $250k-1MM |
38 |
$10,792 |
$284,000 |
| Farmland loans - <$1MM |
12 |
$857 |
$71,417 |
| Farmland loans - <$100k |
8 |
$174 |
$21,750 |
| Farmland loans - $100-250k |
1 |
$249 |
$249,000 |
| Farmland loans - $250k-1MM |
3 |
$434 |
$144,667 |
| Agriculture operations loans - <$1MM |
28 |
$765 |
$27,321 |
| Agriculture operations loans - <$100k |
19 |
$185 |
$9,737 |
| Agriculture operations loans - $100-250k |
7 |
$384 |
$54,857 |
| Agriculture operations loans - $250k-1MM |
2 |
$196 |
$98,000 |