Harvest Community Bank
Pennsville, NJ
$124M
total assets, December 31, 2016
$124M
total assets, December 31, 2016
Harvest Community Bank was a state nonmember bank in Pennsville, NJ. It failed on Jan 13, 2017, and First-citizens Bank & Trust Company took over its deposits. At its last report it held $124.2 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2016
This bank failed
- Failed on
- Jan 13, 2017
- Assets
- $124M
- Deposits
- $122M
- Estimated cost
- $22.2M
- Deposits went to
- First-citizens Bank & Trust Company, Raleigh, NC
Total assets
$124M
-12.4% in a year · -1.7% in a quarter
Deposits
$122M
-9.5% in a year · -1.3% in a quarter
Loans
$98.8M
-13.5% in a year · -3.2% in a quarter
Profit so far
-$1.7M
Jan 1 to Dec 31, 2016
Capital ratio
1.44%
-0.98 pts in a year
Return on assets
-1.30%
+2.33 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 285 North Broadway, Pennsville, NJ, 08070
- County
- Salem
- Established
- Jan 18, 2000
- Failed
- Jan 13, 2017
- Employees
- 32
- Branches
- 4
- Id
- b34951
Quarter by quarter
March 31, 2000 to December 31, 2016
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Harvest Community Bank?
$124.2 million in total assets and $122.2 million in deposits as of December 31, 2016, with assets down 12.4% from a year before. Its loans were $98.8 million.
How many branches does Harvest Community Bank have?
4 branches in New Jersey as of June 30, 2026.
Is Harvest Community Bank profitable?
No: it lost $1.73 million from January 1 to December 31, 2016. Its return on assets was -1.30% a year; about 1% is typical.
When did Harvest Community Bank fail?
Jan 13, 2017. First-citizens Bank & Trust Company of Raleigh, NC took over its deposits. The estimated cost of the failure was $22.2 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.