Company Description (as filed with the SEC)
The Company, a New Jersey corporation, is a bank holding company headquartered in Vineland, New Jersey with its executive office in Mt. Laurel, New Jersey. The Company’s principal subsidiary is the Bank. At December 31, 2012, the Company had total assets of $3.2 billion, total liabilities of $3.0 billion and total shareholders’ equity of $262.6 million. The Company’s principal business is to serve as a holding company for the Bank. As a registered bank holding company, the Company is subject to the supervision and regulation of the FRB. At December 31, 2012, the Company had 685 full-time and 65 part-time employees. As of December 31, 2012, the Company had 62 locations throughout New Jersey. Through the Bank, the Company provides a comprehensive array of commercial and consumer banking services. The Company’s lending services to businesses include term loans and lines of credit, mortgage loans, construction loans and equipment leasing. ... More ...