Garden State Bancshares, Inc.

Garden State Bancshares, Inc. was acquired by Summit Bancorporation. Garden State Bancshares, Inc. operates as a bank. The company offers demand deposits and interest and non-interest bearing time and savings deposits. The company's deposits include jumbo deposits and retail time deposits. It provides commercial and industrial loans, consumer loans, and commercial real estate loans. The bank offers consumer loans, including personal loans. The bank offers commercial real estate loans for land development and on-site construction of industrial, commercial, residential, or farm buildings in the United States; real estate-backed residential loans; and commercial loans collateralized by real estate properties. The bank offers domestic and foreign commercial and industrial loans. The bank offers loans for the purpose of financing agricultural production; loans which include planned and unplanned overdrafts, to governments in non-U.S. countries, to their official institutions, and to international and regional institutions. For 1995, it has an asset value of 311,796 USD. It has generated a net income of 3,233 USD in December 31, 1995. Garden State Bancshares, Inc. was founded in 1985 and is based in Jackson, New Jersey.