Lincoln Park Bancorp
LPBC
Other OTC10.10
USD
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Lincoln Park Bancorp
LPBC
(Other OTC)
Recent
price
10.10
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Lincoln Park Bancorp (LPBC) operates as the holding company for Lincoln 1st Bank, a community bank providing retail and commercial banking products and services primarily in New Jersey, United States. Lincoln 1st Bank offers deposit products including demand deposits, passbook savings accounts, statement savings accounts, money market deposit accounts, holiday and vacation club accounts, student saver accounts, interest-bearing NOW checking accounts, New Jersey consumer checking accounts, small business checking accounts, and certificates of deposit; lending products such as first mortgage loans for one- to four-family residential real estate purchases or refinancings, home equity loans, home equity lines of credit, personal auto loans, passbook loans, overdraft credit reserve accounts, residential construction loans, commercial mortgage loans, small business lines of credit, small business term loans, and small business short-term notes; and other services comprising direct deposits, safe deposit boxes, notary services, medallion signature guarantees, wire transfers, night deposits, ATM cards, credit and debit cards, and money orders. The bank operates through two branches in Lincoln Park and Montville, New Jersey, with headquarters in Pine Brook, New Jersey, and traces its origins to 1923. In July 2022, Ion Bank completed the acquisition of Lincoln Park Bancorp from Lincoln Park Bancorp, MHC and others, resulting in Lincoln 1st Bank merging into Ion Bank and Lincoln Park Bancorp, MHC dissolving; post-acquisition, key executives from Lincoln 1st Bank, including Co-President and COO Philip B. Vaz as New Jersey Regional President and Co-President and CFO Erik Terpstra as Director of Risk at Ion Bank, integrated into the acquirer, with one Lincoln Park director joining Ion Bank's boards.