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Sussex Bancorp

 
Hoover's Profile: Sussex Bancorp
(NASDAQ (GM):SBBX)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Sussex Bancorp
200 Munsonhurst Rd.
Franklin, NJ 07416-0353
NJ Tel. 973-827-2914
Toll Free 800-511-9900

Type: Public
On the web: http://www.sussexbank.com
Employees: 132
Employee growth: (2.2%)

Sussex Bancorp is the holding company for Sussex Bank, which operates about 10 branches in Sussex County, New Jersey, and two others in Orange County, New York. Targeting individuals and local businesses, the bank offers such standard retail products as checking and savings accounts, NOW and money market accounts, and certificates of deposit. It also provides trust and financial advisory and insurance services. Lending activities consist primarily of commercial mortgages (more than half of the company's loan portfolio) and residential mortgages (more than 20%). To a lesser extent, the bank also writes construction, land development, business, and consumer loans.

Key numbers for fiscal year ending December, 2008:
Sales: $13.8M
One year growth: (19.0%)
Net income: ($1.0)M

Officers:
Chairman, President, and CEO, Sussex Bancorp and SussexBank: Donald L. Kovach
EVP, CFO, and Treasurer, Sussex Bancorp and Sussex Bank: Candace A. (Candy) Leatham
SVP Operations and Information Technology, Sussex Bank: Elizabeth Martin

Competitors:
Lakeland Bancorp
TD Bank USA
Valley National Bancorp

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