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)
  • Show street view No street view available for this location

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

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Associates National Bank (Delaware).
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents