Delaware National Bank in city_name, state_name - Detailed Financial Reports, Location

Delaware National Bank in Georgetown, Delaware (DE)
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Delaware National Bank - Overview

General
FDIC Certificate #: 22837
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Fulton Bank, National Association (#7551)
Federal Reserve ID: 26916
Date Established: April 05, 1979
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 13 (Interstate: No)
OTS Docket #: 11954
FDIC's unique #: 15953
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: No
Date of Deposit Insurance: April 05, 1979
Last Structure Change Effective Date: December 03, 2010
Last Structure Change Process Date: December 30, 2010
Last Data Update: December 30, 2010
Data Source Date: April 05, 2012
Location
Address: 21035 Dupont Blvd, Georgetown, DE 19947
County: Sussex
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: New York
FDIC Field Office: Claymont
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
Core Based Statistical Area (CBSA): Seaford, DE (#42580)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $472.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2009)

Dollar figures in thousands
97Total employees (full-time equivalent)
$486,231Total assets
$4,067Cash and due from depository institutions
$476Interest-bearing balances
$115,130Securities
$12,274Federal funds sold & reverse repurchase agreements
$328,953Net loans & leases
$8,960Loan loss allowance
$0Trading account assets
$6,563Bank premises and fixed assets
$698Other real estate owned
$7,886Goodwill and other intangibles
$0Life insurance assets
$10,660All other assets
$486,231Total liabilities and capital
$444,301Total liabilities
$350,844Total deposits
$291,078Interest-bearing deposits
$350,844Deposits held in domestic offices
86.48%% insured (estimated)
$5,088Federal funds purchased & repurchase agreements
$0Trading liabilities
$86,019Other borrowed funds
$0Subordinated debt
$2,350All other liabilities
$41,930Total equity capital
$41,930Total bank equity capital
$41,930Perpetual preferred stock
$0Common stock
$830Surplus
$21,947Undivided profits
Memoranda
$19,153Noncurrent loans and leases
$75,290Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$7,319Earning assets
$0Long-term assets (5+ years)
$1,769Average Assets, year-to-date
$456,833Average Assets, quarterly
$119,262Volatile liabilities
$494,925Insider loans
$498,452FHLB advances
$112,675Loans and leases held for sale
$9,870Unused loan commitments
$85,000Tier 1 (core) risk-based capital
$15,486Tier 2 risk-based capital
$2,618Total risk weighted assets
$75,290Total unused commitments
$0Restructured Loans and leases
$4,150Derivatives

Income and Expense (December 31, 2009)

Dollar figures in thousands
$23,648Total interest income
$9,487Total interest expense
$14,161Net interest income
$5,900Provision for loan and lease losses
$5,401Total noninterest income
$0Fiduciary activities
$2,606Service charges on deposit accounts
$0Trading account gains & fees
$2,795Additional noninterest income
$13,163Total noninterest expense
$4,835Salaries and employee benefits
$1,287Premises and equipment expense
$7,041Additional noninterest expense
$499Pre-tax net operating income
$827Securities gains (losses)
$334Applicable income taxes
$992Income before extraordinary items
$0Extraordinary gains - net
$992Net income attributable to bank
$0Net charge-offs
$992Cash dividends
$2,637Sale, conversion, retirement of capital stock, net
$450Net operating income

Performance and Condition Ratios (December 31, 2009)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.14%Yield on earning assets
2.06%Cost of funding earning assets
3.08%Net interest margin
1.17%Noninterest income to earning assets
2.86%Noninterest expense to earning assets
0.08%Net operating income to assets
0.20%Return on assets (ROA)
0.27%Pretax return on assets
2.42%Return on equity (ROE)
1.32%Retained earnings to average equity (YTD only)
0.76%Net charge-offs to loans
223.74%Credit loss provision to net charge-offs
2.43%Efficiency ratio
65,801Assets per employee
5.01%Cash dividends to net income (YTD only)
Condition Ratios (%)
45.36%Loss allowance to loans
2.65%Loss allowance to noncurrent loans
122.42%Noncurrent assets plus other real estate owned to assets
1.65%Noncurrent loans to loans
2.17%Net loans and leases to deposits
93.76%Net loans and leases to core deposits
117.79%Equity capital to assets
8.62%Core capital (leverage) ratio
7.05%Tier 1 risk-based capital ratio
10.65%Total risk-based capital ratio
Memoranda
$12Average assets
$494,925Average earning assets
$40,949Average equity
$459,850Average loans

Delaware National Bank in Georgetown, Delaware (DE)
Overview, Financial Summary, Detailed Financial Reports, Branches

Delaware National Bank - Overview

Assets and Liabilities (December 31, 2009)

Income and Expense (December 31, 2009)

Performance and Condition Ratios (December 31, 2009)

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Delaware National Bank in Georgetown, Delaware (DE)Overview, Financial Summary, Detailed Financial Reports, Branches

Delaware National Bank - Overview

Assets and Liabilities (December 31, 2009)

Income and Expense (December 31, 2009)

Performance and Condition Ratios (December 31, 2009)

Comment about this bank, ask questions, or add new information about it:

Delaware National Bank in Georgetown, Delaware (DE)
Overview, Financial Summary, Detailed Financial Reports, Branches