American Express Centurion Bank in Wilmington, Delaware (DE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 1996

  • American Express Centurion Bank in Wilmington, Delaware (DE)
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American Express Centurion Bank - Overview

  • General
  • FDIC Certificate #: 26365
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: American Express Centurion Bank (#27471)
    Federal Reserve ID: 76818
    Date Established: September 17, 1985
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 32930
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: September 17, 1985
    Last Structure Change Effective Date: July 01, 1996
    Last Structure Change Process Date: September 04, 1996
    Last Data Update: September 04, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 301 North Walnut Street, Wilmington, DE 19801
    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: $10,746.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $830Total assets
  • $11,173,428Cash and due from depository institutions
  • $204,390Interest-bearing balances
  • $200,800Securities
  • $2,672,320Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $8,032,700Loan loss allowance
  • $395,093Trading account assets
  • $0Bank premises and fixed assets
  • $1,913Other real estate owned
  • $0Goodwill and other intangibles
  • $262,105Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $11,173,428Total liabilities
  • $10,160,103Total deposits
  • $1,791,201Interest-bearing deposits
  • $1,757,685Deposits held in domestic offices
  • 533501.00%% insured (estimated)
  • $59Federal funds purchased & repurchase agreements
  • $2,831,366Trading liabilities
  • $0Other borrowed funds
  • $5,356,870Subordinated debt
  • $0All other liabilities
  • $180,666Total equity capital
  • $180,666Total bank equity capital
  • $1,013,325Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $358,011Undivided profits
  • Memoranda
  • $654,814Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $157,518Income earned, not collected on loans
  • $76,281Earning assets
  • $10,905,820Long-term assets (5+ years)
  • $2,117Average Assets, year-to-date
  • $10,956,852Average Assets, quarterly
  • $11,302,423Volatile liabilities
  • $6,707,551Insider loans
  • $596FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $19,784,369Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,013,325Total risk weighted assets
  • $8,458,259Total unused commitments
  • $0Restructured Loans and leases
  • $1,521,689Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,390,522Total interest expense
  • $586,680Net interest income
  • $803,842Provision for loan and lease losses
  • $397,015Total noninterest income
  • $274,338Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $274,338Total noninterest expense
  • $340,607Salaries and employee benefits
  • $41,521Premises and equipment expense
  • $11,148Additional noninterest expense
  • $287,938Pre-tax net operating income
  • $340,558Securities gains (losses)
  • $0Applicable income taxes
  • $123,341Income before extraordinary items
  • $217,217Extraordinary gains - net
  • $0Net income attributable to bank
  • $217,217Net charge-offs
  • $341,326Cash dividends
  • $100,000Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 13.05%Cost of funding earning assets
  • 5.50%Net interest margin
  • 7.54%Noninterest income to earning assets
  • 2.57%Noninterest expense to earning assets
  • 3.20%Net operating income to assets
  • 1.98%Return on assets (ROA)
  • 1.98%Pretax return on assets
  • 3.11%Return on equity (ROE)
  • 22.40%Retained earnings to average equity (YTD only)
  • 12.09%Net charge-offs to loans
  • 4.56%Credit loss provision to net charge-offs
  • 116.32%Efficiency ratio
  • 31,591Assets per employee
  • 13.46%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 46.04%Loss allowance to loans
  • 4.69%Loss allowance to noncurrent loans
  • 250.82%Noncurrent assets plus other real estate owned to assets
  • 1.41%Noncurrent loans to loans
  • 1.87%Net loans and leases to deposits
  • 448.45%Net loans and leases to core deposits
  • 23966.76%Equity capital to assets
  • 9.07%Core capital (leverage) ratio
  • 8.90%Tier 1 risk-based capital ratio
  • 11.98%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $10,956,852Average earning assets
  • $969,741Average equity
  • $10,659,286Average loans

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