BANCORP OF NEW JERSEY,INC. (NYSEMKT:BKJ) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02(b) — Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
On January 6, 2017, Diane M. Spinner, a director of the Registrant and the Bank of New Jersey (the “Bank”), the Registrant’s wholly owned subsidiary and a New Jersey state chartered commercial bank, resigned from the Board of Directors of both the Registrant and the Bank. There were no disagreements between Ms. Spinner and the Registrant or the Bank leading to her resignation.
About BANCORP OF NEW JERSEY, INC. (NYSEMKT:BKJ)
Bancorp of New Jersey, Inc. is a bank holding company for Bank of New Jersey (the Bank). The Company’s primary business is ownership and supervision of the Bank. The Company, through the Bank, conducts a traditional commercial banking business, accepting deposits from the general public, including individuals, businesses, non-profit organizations and governmental units. The Bank makes commercial loans, consumer loans, and both residential and commercial real estate loans. In addition, the Bank provides other customer services and makes investments in securities. The principal market for its deposit gathering and lending activities lies within Bergen County in New Jersey. The total loans amount to approximately $652.3 million; total securities amount to approximately $66.59 million, and total deposits amount to approximately $692.3 million. The Bank’s subsidiaries include BONJ-New York Corp., BONJ-New Jersey Investment Company, BONJ-Delaware Investment Company and BONJ REIT Inc. BANCORP OF NEW JERSEY, INC. (NYSEMKT:BKJ) Recent Trading Information
BANCORP OF NEW JERSEY, INC. (NYSEMKT:BKJ) closed its last trading session 00.00 at 13.35 with 16,006 shares trading hands.