Highlands Community Bank, National Association
Clinton, NJ
$19.7M
total assets, June 30, 1992
$19.7M
total assets, June 30, 1992
Highlands Community Bank, National Association was a national bank in Clinton, NJ. It failed on Sep 25, 1992, and Somerset Trust Co took over its deposits. At its last report it held $19.7 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1992
This bank failed
- Failed on
- Sep 25, 1992
- Assets
- $19.7M
- Deposits
- $19.5M
- Estimated cost
- $2.5M
- Deposits went to
- Somerset Trust Co, Somerville, NJ
Total assets
$19.7M
+0.4% in a year · +1.6% in a quarter
Deposits
$19.5M
+6.8% in a year · +3.8% in a quarter
Loans
$12.0M
-7.5% in a year · -5.8% in a quarter
Profit so far
-$956K
Jan 1 to Jun 30, 1992
Capital ratio
-0.23%
-6.01 pts in a year
Return on assets
-10.05%
-6.40 pts in a year
Facts
- Type
- National bank
- Head office
- Route 31, Clinton, NJ, 08809
- County
- Hunterdon
- Established
- Nov 21, 1986
- Failed
- Sep 25, 1992
- Employees
- 10
- Id
- b26844
Quarter by quarter
December 31, 1986 to June 30, 1992
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 Highlands Community Bank, National Association?
$19.7 million in total assets and $19.5 million in deposits as of June 30, 1992, with assets up 0.4% from a year before. Its loans were $12.0 million.
Is Highlands Community Bank, National Association profitable?
No: it lost $956,000 from January 1 to June 30, 1992. Its return on assets was -10.05% a year; about 1% is typical.
When did Highlands Community Bank, National Association fail?
Sep 25, 1992. Somerset Trust Co of Somerville, NJ took over its deposits. The estimated cost of the failure was $2.51 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.