To a significantly lesser extent, the Bank invests in commercial real estate loans, multi-family loans, construction and land development loans and home equity loans, as well as consumer loans and obligations of the federal government and federal agencies, along with states and municipalities. The Bank conducts its business through its administrative and branch office, located in Caldwell, New Jersey, and seven other full-service branch offices, all of which are located in the Northern New Jersey counties of Essex, Morris and Bergen.
Results reflect higher average loan balances, offset by higher interest paid on deposits.
Earnings suffered from increased real estate losses. All Rights Reserved. Privacy Policy - Terms of Service Company information Copyright Market Guide . Data and information is provided for informational purposes only, and is not intended for trading purposes.