Indus American Bank Information
Basic Information
Bank Name: Indus American Bank
Status: Inactive [Since 2018-04-17]
Holding Company: Ia Bancorp, Inc.
Concentration: Commercial Lending Specialization
Address:
1630 Oak Tree Road
Edison, New Jersey 8820
United States
Website: https://www.indusamericanbank.com
General Information
Established: 12/12/2005
Total Branches: 5
Headquarters Located: Edison
Assets: $ 231,155,000
Equity Capital: $ 19,414,000
Deposits: $ 190,262,000
Domestic Deposits: $ 190,262,000
Net Income: $ 100,000
Quarterly Net Income: $ 60,000
Return on Assets: 0.04%
Return on Equity: 0.52%
Pretax Return on Assets: 0.05%
FDIC Information
Certificate No.: 57983
Insurance: 2005-12-12
Unique ID: 433038
Structural Event: Merger - Without Assistance
Supervisory Region: New York
Federal Reserve District: New York
Federal Reserve ID No.: 3369959
Geographic Region: New York
Supervisory Region: New York
Field Office: Jamesburg
Supervisory Office: New York
More Information
County: Middlesex
State & County No.: 34023
State Identification Code: 34
Interstate Branches: Yes
Domestic Offices: 5
Conservatorship: No
CMSA: New York-Northern New Jersey-Long Island, NY-NJ-CT-PA
CMSA Division No.: No
Trust Powers: No
Metropolitan Statistical Area: Middlesex-Somerset-Hunterdon, NJ
Metropolitan Statistical Area No.: 5015
CSA: New York-Newark, NY-NJ-CT-PA
CSA Code: 408
CBSA: New York-Newark-Jersey City, NY-NJ-PA
CBSA Code: 35620
CBSA Metropolitan Statistical Areas: New York-Newark-Jersey City, NY-NJ-PA
CBSA Division: New York-Jersey City-White Plains, NY-NJ
CBSA Division Number: 35614
City of High Holder: Edison
FFIEC Call Report 31 Filer: No
Chartering Agency: STATE
OCC Charter Number: 0
Charter Class:
Commercial bank, state charter and Fed nonmember, supervised by the FDIC.
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Office of Thrift Supervision Region: Northeast
Regulator:
Office of the Comptroller (OCC) Districts: Northeast
Report Date: 31 December 2017, Last Updated: 5 October 2018