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

This bank is inactive as of June 30, 1997

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

  • General
  • FDIC Certificate #: 33979
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Advanta Bank (#18664)
    Federal Reserve ID: 2267759
    Date Established: Febuary 01, 1995
    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 #: 55353
    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: Febuary 01, 1995
    Last Structure Change Effective Date: June 30, 1997
    Last Structure Change Process Date: July 14, 1997
    Last Data Update: July 14, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 501 Carr Road, 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: $1,809.2 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $0Total assets
  • $2,076,433Cash and due from depository institutions
  • $67,917Interest-bearing balances
  • $0Securities
  • $554,626Federal funds sold & reverse repurchase agreements
  • $186,300Net loans & leases
  • $1,140,446Loan loss allowance
  • $34,310Trading account assets
  • $0Bank premises and fixed assets
  • $13Other real estate owned
  • $0Goodwill and other intangibles
  • $127,002Life insurance assets
  • $129All other assets
  • $0Total liabilities and capital
  • $2,076,433Total liabilities
  • $1,920,031Total deposits
  • $716,135Interest-bearing deposits
  • $705,079Deposits held in domestic offices
  • 716135.00%% insured (estimated)
  • $36Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,094,961Subordinated debt
  • $67,500All other liabilities
  • $41,435Total equity capital
  • $41,435Total bank equity capital
  • $156,402Perpetual preferred stock
  • $0Common stock
  • $25,000Surplus
  • $178,130Undivided profits
  • Memoranda
  • $-46,728Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $24,945Income earned, not collected on loans
  • $81,492Earning assets
  • $1,881,372Long-term assets (5+ years)
  • $23,433Average Assets, year-to-date
  • $1,983,484Average Assets, quarterly
  • $2,145,920Volatile liabilities
  • $1,131,325Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $996,511Unused loan commitments
  • $7,120,764Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $156,287Total risk weighted assets
  • $1,405,114Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $151,352Total interest expense
  • $115,479Net interest income
  • $35,873Provision for loan and lease losses
  • $44,428Total noninterest income
  • $123,768Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $123,768Total noninterest expense
  • $164,398Salaries and employee benefits
  • $0Premises and equipment expense
  • $97Additional noninterest expense
  • $164,301Pre-tax net operating income
  • -$49,185Securities gains (losses)
  • $44Applicable income taxes
  • -$17,199Income before extraordinary items
  • -$31,942Extraordinary gains - net
  • $0Net income attributable to bank
  • -$31,942Net charge-offs
  • $14,118Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.25%Cost of funding earning assets
  • 6.29%Net interest margin
  • 1.96%Noninterest income to earning assets
  • 6.75%Noninterest expense to earning assets
  • 8.96%Net operating income to assets
  • -1.61%Return on assets (ROA)
  • -1.61%Pretax return on assets
  • -2.48%Return on equity (ROE)
  • -22.95%Retained earnings to average equity (YTD only)
  • -22.95%Net charge-offs to loans
  • 0.99%Credit loss provision to net charge-offs
  • 314.69%Efficiency ratio
  • 102,956Assets per employee
  • 0.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.92%Loss allowance to noncurrent loans
  • 137.54%Noncurrent assets plus other real estate owned to assets
  • 1.20%Noncurrent loans to loans
  • 2.12%Net loans and leases to deposits
  • 159.25%Net loans and leases to core deposits
  • 10315.18%Equity capital to assets
  • 7.53%Core capital (leverage) ratio
  • 7.15%Tier 1 risk-based capital ratio
  • 11.12%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $1,983,484Average earning assets
  • $139,162Average equity
  • $1,834,477Average loans

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