Bancorp of new jersey, inc. (BKJ)
Balance Sheet / Yearly
Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Cash and due from banks

2,601

2,636

1,826

3,541

3,171

4,688

2,533

1,627

4,178

2,855

1,981

2,628

2,287

3,982

1,646

2,238

1,986

2,019

2,043

1,218

2,517

2,537

2,282

2,115

2,627

2,315

41

765

1,216

1,191

971

642

1,245

838

605

Interest bearing deposits

101,885

80,273

68,156

59,024

81,627

55,257

58,102

90,540

99,737

114,143

89,727

73,896

89,690

82,815

59,433

71,497

96,899

72,027

49,399

20,386

20,848

11,676

25,970

35,168

20,476

29,921

44,401

29,852

30,818

24,939

21,608

31,117

26,041

13,175

22,134

Federal funds sold

4,035

3,315

2,609

1,977

1,280

453

452

452

452

452

452

452

452

453

453

454

454

455

456

456

457

457

458

458

459

459

460

461

461

461

462

463

463

464

465

Total cash and cash equivalents

108,521

86,224

72,591

64,542

86,078

60,398

61,087

92,619

104,367

117,450

92,160

76,976

92,429

87,250

61,532

74,189

99,339

74,501

51,898

22,060

23,822

14,670

28,710

37,741

23,562

32,695

44,902

31,078

32,495

26,591

23,041

32,222

27,749

14,477

23,204

Interest bearing time deposits

500

500

500

500

750

1,000

1,000

1,000

1,000

1,000

-

1,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities available for sale

26,914

27,572

31,993

32,293

40,725

51,433

52,179

53,234

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest bearing time deposits

-

-

-

-

-

-

-

-

-

-

1,000

-

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

500

250

250

250

250

250

250

250

250

250

-

Securities available for sale

-

-

-

-

-

-

-

-

59,245

49,666

57,650

61,589

61,778

58,680

61,080

64,750

64,280

55,813

56,195

58,451

62,114

63,953

68,389

68,048

54,369

60,507

50,935

88,480

83,225

85,819

79,755

56,645

40,575

38,457

27,923

Securities held to maturity (fair value $264 and $5,852 at September 30, 2019 and December 31, 2018, respectively)

264

-

5,852

5,852

5,852

5,852

6,058

6,058

4,411

7,076

8,964

7,343

5,096

5,096

5,396

5,829

8,718

8,715

11,261

15,923

13,106

13,106

11,125

18,011

21,610

11,723

9,323

5,482

3,660

928

877

4,787

3,910

5,238

3,728

Restricted investment in bank stock, at cost

3,088

3,155

3,612

3,239

2,190

2,265

1,305

1,380

1,455

1,665

1,909

1,983

2,281

2,580

1,947

2,020

2,092

2,165

2,090

2,162

1,754

1,066

792

792

792

792

669

669

669

669

549

549

549

549

491

Loans receivable

798,074

782,344

773,618

765,919

744,097

741,053

723,789

721,191

693,626

676,033

684,972

660,571

660,206

654,882

652,293

645,062

625,128

651,574

650,415

633,958

588,645

537,926

503,257

472,465

474,225

472,411

445,547

435,729

418,055

402,809

386,622

365,160

352,955

334,739

302,103

Deferred loan fees and costs, net

830

850

892

937

858

878

786

798

743

719

702

586

499

437

399

381

374

396

419

414

429

366

356

339

293

259

198

180

160

135

100

66

67

61

-

Allowance for loan losses

8,696

8,530

8,383

8,393

8,149

8,188

8,111

8,317

7,985

7,993

8,241

8,287

8,320

8,226

8,076

8,020

7,719

7,878

7,502

7,192

6,647

6,046

5,978

5,775

5,649

5,534

5,213

5,072

5,022

5,101

4,771

4,474

4,298

4,324

3,749

Net loans

788,548

772,964

764,343

756,589

735,090

731,987

714,892

712,076

684,898

667,321

676,029

651,698

651,387

646,219

643,818

636,661

617,035

643,300

642,494

626,352

581,569

531,514

496,923

466,351

468,283

466,618

440,136

430,477

412,873

397,573

381,751

360,620

348,590

330,354

298,354

Premises and equipment, net

12,996

13,173

13,305

13,440

13,489

13,463

13,578

13,725

13,792

13,736

13,679

13,497

12,949

12,375

11,345

10,500

10,125

10,114

10,148

10,136

10,172

10,236

10,332

10,427

10,361

10,254

10,216

10,224

10,270

10,349

10,355

10,203

10,112

9,994

9,927

Accrued interest receivable

2,849

2,921

3,124

2,841

2,894

2,676

2,810

2,695

2,642

2,294

2,532

2,366

2,376

2,271

2,425

2,305

2,340

2,343

2,498

2,441

2,454

2,196

2,186

1,456

2,081

1,953

2,029

1,732

2,094

1,740

1,733

1,515

1,457

1,692

1,285

Other real estate owned

1,363

1,363

511

511

511

-

415

415

456

456

456

614

614

614

512

512

549

731

737

897

1,067

1,067

478

964

234

-

-

-

-

-

-

-

-

-

1,938

Right of use asset

12,865

13,067

13,266

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

3,776

3,779

3,847

3,929

4,061

4,407

4,135

4,205

5,616

5,211

5,295

5,374

5,162

5,311

4,839

5,154

4,704

4,261

4,157

4,266

4,011

3,802

4,167

6,001

4,197

3,731

2,991

2,982

3,257

2,814

3,279

3,051

3,185

2,288

3,405

Total assets

961,684

924,718

912,944

883,736

891,640

873,481

857,459

887,407

877,882

865,875

859,674

822,440

835,072

821,396

793,894

802,920

810,182

802,943

782,478

743,688

701,069

642,610

624,102

610,791

585,989

588,523

561,451

571,374

548,793

526,733

501,590

469,842

436,377

403,299

370,255

Liabilities and Stockholders' Equity
LIABILITIES:
Deposits:
Noninterest-bearing demand deposits

128,152

113,279

130,361

118,489

139,386

152,154

136,938

133,661

142,227

143,045

134,959

137,564

148,319

146,399

121,180

117,919

108,765

93,744

88,379

89,510

79,722

79,943

71,845

69,620

71,520

69,768

63,159

65,910

66,914

55,933

49,388

49,585

49,820

38,471

33,244

Savings and interest bearing transaction accounts

272,516

278,743

280,627

298,108

285,569

250,185

271,293

307,583

297,265

282,178

281,001

287,682

269,826

250,484

244,503

232,456

221,749

214,631

203,951

200,585

198,482

178,807

175,628

219,145

-

-

-

196,369

-

-

-

-

-

-

-

Time deposits $250 and under

268,199

249,215

220,518

213,855

228,519

231,181

231,148

231,224

223,986

223,979

205,563

156,477

161,579

163,757

179,915

192,560

-

-

-

175,250

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Time deposits over $250

131,040

120,764

111,470

106,250

119,466

121,488

119,617

115,825

112,977

117,354

133,767

136,265

145,515

144,521

146,705

157,804

-

-

-

183,629

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Savings and interest bearing transaction accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

145,763

156,239

136,584

-

117,747

110,537

89,196

131,374

71,968

63,713

97,730

Time deposits under $100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

55,090

62,616

57,692

-

45,110

50,126

50,399

-

50,122

51,653

49,955

-

49,532

46,730

50,776

-

41,370

52,962

-

Time deposits $100 and over

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

321,387

329,014

329,014

-

282,352

268,333

267,690

264,555

260,785

255,411

255,411

253,456

258,281

258,633

258,633

235,204

218,402

194,759

187,447

Total deposits

799,907

762,001

742,976

736,702

772,940

755,008

758,996

788,293

776,455

766,556

755,290

717,988

725,239

705,161

692,303

700,739

706,991

700,005

679,036

648,974

605,666

577,209

565,562

553,320

528,190

533,071

505,109

515,735

492,474

471,833

447,993

416,163

381,560

349,905

318,421

Borrowed funds

49,847

51,169

59,960

51,658

28,349

30,034

11,713

13,385

15,050

16,709

23,362

25,008

31,648

38,281

24,908

26,529

28,144

29,752

-

32,950

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease liability

13,333

13,490

13,642

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowed funds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

31,354

-

33,025

5,434

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other liabilities

5,490

5,539

5,425

6,269

2,646

2,576

2,165

2,420

2,782

2,316

2,500

2,300

2,078

2,527

2,334

2,499

2,463

1,943

1,601

1,870

3,024

1,739

1,718

1,521

2,904

1,719

1,979

1,919

2,089

1,389

1,450

1,773

3,892

1,419

1,696

Total liabilities

868,577

832,199

822,003

794,629

803,935

787,618

772,874

804,098

794,287

785,581

781,152

745,296

758,965

745,969

719,545

729,767

737,598

731,700

711,991

683,794

641,715

584,382

567,280

554,841

531,094

534,790

507,088

517,654

494,563

473,222

449,443

417,936

385,452

351,324

320,117

Commitments and Contingencies

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Stockholders’ equity:
Common stock, no par value, authorized 20,000,000 shares; issued and outstanding 7,293,697 at September 30, 2019 and 7,295,466 at December 31, 2018

76,913

76,848

76,780

76,713

76,654

76,574

70,342

70,182

69,442

67,487

61,772

61,524

61,293

60,922

60,561

60,509

60,456

60,404

60,349

50,998

50,946

50,894

50,570

50,475

50,086

49,762

49,708

49,689

49,653

49,618

49,582

49,546

49,507

49,468

49,390

Retained earnings

16,236

15,719

14,375

12,814

11,628

9,866

14,825

13,482

14,243

12,894

16,875

15,813

14,814

14,512

13,858

12,940

12,286

11,304

10,385

9,635

9,377

8,439

7,682

7,132

6,286

5,379

4,580

3,747

4,143

3,313

2,631

2,046

1,075

2,257

807

Accumulated other comprehensive loss

-42

-48

-214

-420

-577

-577

-582

-355

-90

-87

-125

-193

-

-7

-70

-296

-158

-465

-247

-739

-969

-1,105

-1,430

-1,657

-1,477

-1,408

75

284

434

580

-66

314

343

250

-59

Total stockholders’ equity

93,107

92,519

90,941

89,107

87,705

85,863

84,585

83,309

83,595

80,294

78,522

77,144

76,107

75,427

74,349

73,153

72,584

71,243

70,487

59,894

59,354

58,228

56,822

55,950

54,895

53,733

54,363

53,720

54,230

53,511

52,147

51,906

50,925

-

50,138

Total stockholders' equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

51,975

-

Total liabilities and stockholders’ equity

961,684

924,718

912,944

883,736

891,640

873,481

857,459

887,407

877,882

865,875

859,674

822,440

835,072

821,396

793,894

802,920

810,182

802,943

782,478

743,688

701,069

642,610

624,102

610,791

585,989

588,523

561,451

571,374

548,793

526,733

501,590

469,842

436,377

403,299

370,255