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BANCORP OF NEW JERSEY INC

FORT LEE, NJ
Enter an executive or company name

Bancorp Of New Jersey, Inc. operates as a bank holding company of Bank of New Jersey that provides various banking products and services to individuals, businesses, non-profit organizations, and governmental units. The company offers various deposit products, including interest and noninterest checking, passbook savings, and money market accounts; and time deposits, such as certificates of deposit and individual retirement accounts. Its loan portfolio consists of commercial real estate, commercial and industrial, residential, consumer, and home equity loans. In addition, the company offers mai...l, telephone, Internet, and electronic banking services; and check cards, ATM cards, credit cards, and automatic and ACH transfer services, as well as invests in securities. It operates through a network of 9 branch offices located in Fort Lee, Hackensack, Haworth, Englewood, Cliffside Park, Englewood Cliffs, and Woodcliff Lake. The company was founded in 2006 and is based in Fort Lee, New Jersey.View more

For its 2016 fiscal year, BANCORP OF NEW JERSEY INC, listed the following executives on its annual proxy statement to the SEC.
Equity
Cash Compensation
Other
name and title
total compensation
Former President & CEO
$89,238
Senior Vice President and Chief Financial Officer
$288,522
Interim President & CEO
$48,800
President & Chief Executive Officer
$376,615
Executive Vice President, Chief Lending Officer
$148,661

The charts on this page feature a breakdown of the total annual pay for the top executives at BANCORP OF NEW JERSEY INC as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. BANCORP OF NEW JERSEY INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. BANCORP OF NEW JERSEY INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

For its 2016 fiscal year, BANCORP OF NEW JERSEY INC, listed the following board members on its annual proxy statement to the SEC.
Fees Earned
Stock Awards
Option Awards
Non-stock Inc. Plan Comp.
Change in Pen. & Non-q Def. Comp.
Other
Name
total compensation
$25,000
$26,700
$32,000
$24,700
$24,300
$25,100
$25,800
$20,000

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However, for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.

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