Artisans' Bank in Wilmington, Delaware (DE)
Overview, Financial Summary, Detailed Financial Reports, Branches

Artisans' Bank - Overview

  • General
  • FDIC Certificate #: 17123
    Status: Active
    Federal Reserve ID: 73116
    Date Established: Febuary 28, 1861
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 13 (Domestic: 13, Interstate: No)
    OTS Docket #: 13184
    FDIC's unique #: 11166
    Numeric code: 42
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: July 03, 1952
    Last Structure Change Effective Date: June 24, 2008
    Last Structure Change Process Date: June 24, 2008
    Last Data Update: June 24, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 2961 Centerville Road, Wilmington, DE 19808
    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: $543.9 mil
    Equity capital: $39.4 mil
    Deposits held in domestic offices: $476.4 mil
    Return on assets (ROA): -0.09% (-$0.5 mil)
    Quarterly return on assets: -0.94% (-$5.1 mil)
    Return on Equity (ROE): -1.38% (-$0.5 mil)
    Quarterly return on equity: -12.80% (-$5.0 mil)
    Net income: -$0.5 mil
    Quarterly Net income: -$1.3 mil
    Pretax return on assets: -0.20% (-$1,087.8 mil)
    Quarterly Pretax return on assets: -0.77% (-$4,188.1 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, 2011)

  • Dollar figures in thousands
  • 132Total employees (full-time equivalent)
  • $543,915Total assets
  • $42,977Cash and due from depository institutions
  • $35,595Interest-bearing balances
  • $116,110Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $341,185Net loans & leases
  • $11,275Loan loss allowance
  • $0Trading account assets
  • $28,374Bank premises and fixed assets
  • $7,656Other real estate owned
  • $0Goodwill and other intangibles
  • $543,915Life insurance assets
  • $7,613All other assets
  • $504,492Total liabilities and capital
  • $476,401Total liabilities
  • $448,920Total deposits
  • $476,401Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $20,000Trading liabilities
  • $0Other borrowed funds
  • $8,091Subordinated debt
  • $39,423All other liabilities
  • $39,423Total equity capital
  • $39,423Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $7,000Surplus
  • $32,423Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $200Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $19,132Income earned, not collected on loans
  • $0Earning assets
  • $1,203Long-term assets (5+ years)
  • $492,890Average Assets, year-to-date
  • $79,648Average Assets, quarterly
  • $586,600Volatile liabilities
  • $548,653Insider loans
  • $403,908FHLB advances
  • $544,128Loans and leases held for sale
  • $2,731Unused loan commitments
  • $2,731Tier 1 (core) risk-based capital
  • $35,175Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $44,774Restructured Loans and leases
  • $4,340Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $24,319Total interest income
  • $5,298Total interest expense
  • $19,021Net interest income
  • $3,390Provision for loan and lease losses
  • $841Total noninterest income
  • $0Fiduciary activities
  • $678Service charges on deposit accounts
  • $0Trading account gains & fees
  • $163Additional noninterest income
  • $18,686Total noninterest expense
  • $9,310Salaries and employee benefits
  • $2,576Premises and equipment expense
  • $6,800Additional noninterest expense
  • -$2,214Pre-tax net operating income
  • $1,022Securities gains (losses)
  • -$664Applicable income taxes
  • -$528Income before extraordinary items
  • $0Extraordinary gains - net
  • -$528Net income attributable to bank
  • $0Net charge-offs
  • -$528Cash dividends
  • $4,315Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.55%Yield on earning assets
  • 0.99%Cost of funding earning assets
  • 3.56%Net interest margin
  • 0.16%Noninterest income to earning assets
  • 3.49%Noninterest expense to earning assets
  • -0.20%Net operating income to assets
  • -0.09%Return on assets (ROA)
  • -0.20%Pretax return on assets
  • -1.38%Return on equity (ROE)
  • -1.38%Retained earnings to average equity (YTD only)
  • 1.07%Net charge-offs to loans
  • 78.56%Credit loss provision to net charge-offs
  • 0.27%Efficiency ratio
  • 94,079Assets per employee
  • 4.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.20%Loss allowance to noncurrent loans
  • 58.93%Noncurrent assets plus other real estate owned to assets
  • 4.93%Noncurrent loans to loans
  • 5.43%Net loans and leases to deposits
  • 71.62%Net loans and leases to core deposits
  • 73.43%Equity capital to assets
  • 7.25%Core capital (leverage) ratio
  • 6.46%Tier 1 risk-based capital ratio
  • 8.71%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $586,600Average earning assets
  • $38,255Average equity
  • $535,026Average loans

List of branches

  • 13 Delaware Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011166Artisans' Bank2961 Centerville Road, Wilmington, DE 19808Febuary 28, 1861Full Service Brick and Mortar
    1240604Graylyn Branch1706 Marsh Road, Wilmington, DE 19810July 07, 1959Full Service Brick and Mortar
    2240605Dover Branch1555 South Governors Avenue, Dover, DE 19904December 01, 1965Full Service Brick and Mortar
    3240606Midway Branch4901 Kirkwood Highway, Wilmington, DE 19808March 01, 1961Full Service Brick and Mortar
    6240609Talleyville Branch3631 Silverside Road, Wilmington, DE 19810July 10, 1989Full Service Brick and Mortar
    7240610Pike Creek Branch4551 Linden Hill Road, Wilmington, DE 19808April 17, 1995Full Service Brick and Mortar
    8240611Bear Branch1124 Pulaski Highway, Bear, DE 19701July 19, 1999Full Service Brick and Mortar
    9419486Glasgow Branch2424 Pulaski Highway, Newark, DE 19702December 01, 2002Full Service Brick and Mortar
    10429366Rehoboth Branch19358 Miller Road, Rehoboth Beach, DE 19971April 05, 2004Full Service Brick and Mortar
    11441637Milford Branch100 Aereson Drive, Milford, DE 19963September 13, 2004Full Service Brick and Mortar
    12470819Little Falls Branch2961 Centerville Road, Wilmington, DE 19808September 19, 2007Full Service Brick and Mortar
    13472083W. Ninth Street Branch223 W. Ninth Street, Wilmington, DE 19801January 14, 2008Full Service Brick and Mortar
    14476975Millville Branch35696 Atlantic Avenue, Millville, DE 19967April 28, 2008Full Service Brick and Mortar

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