First State Bank

Status:Inactive as of 10/14/2011
 Absorption - Assisted
Successor Bank:Northfield Bank
Headquarters:First State Bank
16 Commerce Drive
Cranford, NJ 07016
Established:01/18/2006
FDIC Insurance:01/18/2006
FDIC Cert:#58046
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$191,852,000
Total Deposits:$188,099,000

History

2006-01-18Institution established: Original name:First State Bank
2011-10-14Failed. Acquired with government financial assistance and subsequently operated as part of Northfield Bank (28710)
2012-11-03Acquired Flatbush Federal Savings and Loan Association (29435) in BROOKLYN, NY
2016-01-08Acquired Hopewell Valley Community Bank (34942) in PENNINGTON, NJ
2020-07-01Acquired Victory State Bank (34565) in STATEN ISLAND, NY

Financial Information (2011-09-30 and Older)