Bessemer Trust Company

Bessemer Trust Company Locations
100 Woodbridge Center Drive
Woodbridge, NJ 7095
www.bessemer.com



Bessemer Trust Company is headquartered in New York and is the 29th largest bank in the state of New York. It is also the 335th largest bank in the nation. It was established in 1974 and as of December of 2011, it had grown to 396 employees at 1 location. Bessemer Trust Company has a 5-star health rating.


Data for Q4 2011

Bessemer Trust Company consists of multiple companies with separate FDIC numbers. Click on an FDIC number to view the health for that company:

21868 - Bessemer Trust Company, National Association
20015 - Bessemer Trust Company

Institution Statistics


Bessemer Trust Company, National Association
FDIC Certificate #21868
BankRate ReportView
Year Established1974
Employees396
Primary RegulatorOCC

Assets and Liabilities

Assets$2.07 billion
Loans$247.80 million
Deposits$1.84 billion
Equity Capital$165.75 million

Historic Data - December 2010

Assets$1.39 billion
Equity Capital$159.44 million

Profit Margin - Quarterly

Net Interest Margin0.58%
Return on Assets2.64%
Return on Equity24.41%
Interest Income$8.53 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Bessemer Trust Company had $0 in non-current loans and owned real-estate with $165.75 million in equity and loan loss allowances on hand to cover it. This gives Bessemer Trust Company a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Deposit Growth5
In the past year, Bessemer Trust Company has increased its total deposits by $663.66 million, resulting in 56.38% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bessemer Trust Company has shown is excellent.
Capitalization3
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bessemer Trust Company has $2.07 billion in assets with $165.75 million in equity, resulting in a capitalization level of 8.01%, which is average.
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