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

This bank is inactive as of January 07, 2002

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

  • General
  • FDIC Certificate #: 33367
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Citibank (South Dakota), N.A. (#23360)
    Federal Reserve ID: 1833063
    Date Established: April 05, 1991
    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 #: 46946
    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: April 05, 1991
    Last Structure Change Effective Date: January 07, 2002
    Last Structure Change Process Date: January 29, 2002
    Last Data Update: January 29, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 4550 New Linden Hill 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: $287.9 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, 2001)

  • Dollar figures in thousands
  • 563Total employees (full-time equivalent)
  • $287,913Total assets
  • $65,006Cash and due from depository institutions
  • $796Interest-bearing balances
  • $0Securities
  • $84,600Federal funds sold & reverse repurchase agreements
  • $66,869Net loans & leases
  • $5,227Loan loss allowance
  • $0Trading account assets
  • $0Bank premises and fixed assets
  • $0Other real estate owned
  • $3,383Goodwill and other intangibles
  • $0Life insurance assets
  • $68,055All other assets
  • $287,913Total liabilities and capital
  • $203,427Total liabilities
  • $60,093Total deposits
  • $53,899Interest-bearing deposits
  • $60,093Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $143,334All other liabilities
  • $84,486Total equity capital
  • $84,486Total bank equity capital
  • $84,486Perpetual preferred stock
  • $0Common stock
  • $18,000Surplus
  • $15,188Undivided profits
  • Memoranda
  • $51,298Noncurrent loans and leases
  • $315,971Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $4,117Earning assets
  • $0Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $152,265Average Assets, quarterly
  • $0Volatile liabilities
  • $385,864Insider loans
  • $357,247FHLB advances
  • $53,899Loans and leases held for sale
  • $6Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $315,971Total unused commitments
  • $0Restructured Loans and leases
  • $2,142Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $29,843Total interest income
  • $6,969Total interest expense
  • $22,874Net interest income
  • $7,092Provision for loan and lease losses
  • $107,861Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $107,861Additional noninterest income
  • $102,002Total noninterest expense
  • $6,820Salaries and employee benefits
  • $1,205Premises and equipment expense
  • $93,977Additional noninterest expense
  • $21,641Pre-tax net operating income
  • $0Securities gains (losses)
  • $8,092Applicable income taxes
  • $13,549Income before extraordinary items
  • $0Extraordinary gains - net
  • $13,549Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $6,892Sale, conversion, retirement of capital stock, net
  • $5,167Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 10.70%Yield on earning assets
  • 2.50%Cost of funding earning assets
  • 8.21%Net interest margin
  • 38.69%Noninterest income to earning assets
  • 36.59%Noninterest expense to earning assets
  • 3.51%Net operating income to assets
  • 3.51%Return on assets (ROA)
  • 5.61%Pretax return on assets
  • 17.07%Return on equity (ROE)
  • 10.56%Retained earnings to average equity (YTD only)
  • 9.31%Net charge-offs to loans
  • 102.90%Credit loss provision to net charge-offs
  • 4.17%Efficiency ratio
  • 77,584Assets per employee
  • 0.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 38.14%Loss allowance to loans
  • 7.25%Loss allowance to noncurrent loans
  • 126.96%Noncurrent assets plus other real estate owned to assets
  • 1.43%Noncurrent loans to loans
  • 5.71%Net loans and leases to deposits
  • 111.28%Net loans and leases to core deposits
  • 1079.58%Equity capital to assets
  • 29.34%Core capital (leverage) ratio
  • 31.55%Tier 1 risk-based capital ratio
  • 49.56%Total risk-based capital ratio
  • Memoranda
  • $51Average assets
  • $385,864Average earning assets
  • $79,393Average equity
  • $278,780Average loans

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