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

This bank is inactive as of March 29, 1999

  • PNC National Bank in Wilmington, Delaware (DE)
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PNC National Bank - Overview

  • General
  • FDIC Certificate #: 34425
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: FIA Card Services, National Association (#33318)
    Federal Reserve ID: 2524331
    Date Established: December 20, 1996
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 57188
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: December 20, 1996
    Last Structure Change Effective Date: March 29, 1999
    Last Structure Change Process Date: April 14, 1999
    Last Data Update: April 14, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 300 Bellevue Parkway, Suite 200, Wilmington, DE 19809
    County: New Castle
    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
    Metropolitan Statistical Area (MSA): Wilmington-Newark, DE-MD (#9160)
    Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77)
    Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428)
    Core Based Statistical Area (CBSA): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    Core Based Statistical Division: Wilmington, DE-MD-NJ (#48864)
  • Financial Summary
  • Total assets: $3,150.6 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 1,029Total employees (full-time equivalent)
  • $3,150,630Total assets
  • $2,174Cash and due from depository institutions
  • $0Interest-bearing balances
  • $17,954Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $2,735,369Net loans & leases
  • $217,209Loan loss allowance
  • $0Trading account assets
  • $4,369Bank premises and fixed assets
  • $0Other real estate owned
  • $291,523Goodwill and other intangibles
  • $0Life insurance assets
  • $99,241All other assets
  • $3,150,630Total liabilities and capital
  • $2,535,160Total liabilities
  • $15,652Total deposits
  • $10,000Interest-bearing deposits
  • $15,652Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $76,250Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $2,400,000Other borrowed funds
  • $0Subordinated debt
  • $43,258All other liabilities
  • $615,470Total equity capital
  • $615,470Total bank equity capital
  • $615,470Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $655,600Undivided profits
  • Memoranda
  • $-40,330Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $62,454Earning assets
  • $0Long-term assets (5+ years)
  • $20,585Average Assets, year-to-date
  • $2,753,323Average Assets, quarterly
  • $492Volatile liabilities
  • $3,907,848Insider loans
  • $3,601,234FHLB advances
  • $2,336,250Loans and leases held for sale
  • $136Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $14,714,670Total unused commitments
  • $0Restructured Loans and leases
  • $3,021,207Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $538,943Total interest income
  • $190,585Total interest expense
  • $348,358Net interest income
  • $281,250Provision for loan and lease losses
  • $128,794Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $128,794Additional noninterest income
  • $263,510Total noninterest expense
  • $46,784Salaries and employee benefits
  • $7,464Premises and equipment expense
  • $209,262Additional noninterest expense
  • -$67,608Pre-tax net operating income
  • $0Securities gains (losses)
  • -$23,022Applicable income taxes
  • -$44,586Income before extraordinary items
  • $0Extraordinary gains - net
  • -$44,586Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $279,389Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 15.49%Yield on earning assets
  • 5.48%Cost of funding earning assets
  • 10.01%Net interest margin
  • 3.70%Noninterest income to earning assets
  • 7.58%Noninterest expense to earning assets
  • -1.14%Net operating income to assets
  • -1.14%Return on assets (ROA)
  • -1.73%Pretax return on assets
  • -7.71%Return on equity (ROE)
  • -7.71%Retained earnings to average equity (YTD only)
  • 7.54%Net charge-offs to loans
  • 100.67%Credit loss provision to net charge-offs
  • 0.76%Efficiency ratio
  • 47,547Assets per employee
  • 3.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 7.36%Loss allowance to noncurrent loans
  • 347.79%Noncurrent assets plus other real estate owned to assets
  • 1.98%Noncurrent loans to loans
  • 2.12%Net loans and leases to deposits
  • 17476.16%Net loans and leases to core deposits
  • 48396.48%Equity capital to assets
  • 19.53%Core capital (leverage) ratio
  • 12.89%Tier 1 risk-based capital ratio
  • 15.37%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $3,907,848Average earning assets
  • $578,613Average equity
  • $3,478,373Average loans

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