Central Jersey Bancorp, incorporated on March 7, 2000, is a bank holding company. The Company combined its two bank subsidiaries, Monmouth Community Bank, N.A. and Allaire Community Bank, into a single banking entity, named Central Jersey Bank, National Association. As of December 31, 2007, it operated 12 branch facilities located in Belmar, Bradley Beach, Long Branch, Manasquan, Point Pleasant, Spring Lake Heights, Little Silver, Neptune City, Ocean Grove, and Wall Township, New Jersey. The company was founded in 1998 and is headquartered in Long Branch, New Jersey.
In late December 2008 Central Jersey Bancorp announced it would receive $11.3 million from the Treasury Department under its Capital Purchase Program in exchange for preferred stock and warrants. At the end of January 2009 the company reported a record net income of $2.9 million for the year ended December 31, 2008.
Resources
Bank Bio Chart | Financial Documents | Federal contracts
Lobbying reports | Political Contributions | Related Articles
Bailout Bank Bio: Central Jersey Bancorp
|
Federal Equity Investment |
|
|
Total Revenue |
|
|
Net Income |
|
|
Number of Employees |
128 |
|
Corporate Headquarters |
Long Branch, New Jersey |
|
Business Sector |
Bank |
|
Officers and Directors |
Vaccaro, James, Chairman of the Board, President, Chief Executive Officer of Central Jersey Bancorp Bank |
|
Corporate Website |
|
|
Executive Compensation |
No federal contracts located.
No lobbying documents located.
Center for Responsive Politics (last accessed 02/03/2009)
January 30, 2009 Central Jersey Bancorp Reports Record Net Income for 2008 of $2.9 Million (TradingMarkets.com)
January 15, 2008 Central Jersey Bancorp Announces Common Stock Repurchase Program (Reuters)
January 3, 2009 Central Jersey Bank gets $11M in bailout funds (APP.com)
Last Updated February 3, 2009
Get Social