Boatmen's Bank of Delaware in New Castle, Delaware (DE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 01, 1994

  • Boatmen's Bank of Delaware in New Castle, Delaware (DE)
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Boatmen's Bank of Delaware - Overview

  • General
  • FDIC Certificate #: 27144
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Boatmen's Credit Card Bank (#33889)
    Federal Reserve ID: 1162594
    Date Established: January 04, 1988
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 38857
    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: January 04, 1988
    Last Structure Change Effective Date: April 01, 1994
    Last Structure Change Process Date: April 13, 1994
    Last Data Update: April 13, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 2 Read's Way, New Castle, DE 19720
    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: $501.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $152Total assets
  • $411,693Cash and due from depository institutions
  • $38Interest-bearing balances
  • $0Securities
  • $30,208Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $366,361Loan loss allowance
  • $6,500Trading account assets
  • $0Bank premises and fixed assets
  • $1,534Other real estate owned
  • $0Goodwill and other intangibles
  • $10,001Life insurance assets
  • $3,551All other assets
  • $0Total liabilities and capital
  • $411,693Total liabilities
  • $384,065Total deposits
  • $858Interest-bearing deposits
  • $400Deposits held in domestic offices
  • 858.00%% insured (estimated)
  • $100Federal funds purchased & repurchase agreements
  • $353,900Trading liabilities
  • $0Other borrowed funds
  • $25,000Subordinated debt
  • $0All other liabilities
  • $4,307Total equity capital
  • $4,307Total bank equity capital
  • $27,628Perpetual preferred stock
  • $0Common stock
  • $8,800Surplus
  • $8,800Undivided profits
  • Memoranda
  • $10,028Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,869Income earned, not collected on loans
  • $2,040Earning assets
  • $396,569Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $348,423Average Assets, quarterly
  • $400,101Volatile liabilities
  • $379,300Insider loans
  • $64FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,044,244Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $27,619Total risk weighted assets
  • $386,296Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $42,207Total interest expense
  • $9,436Net interest income
  • $32,771Provision for loan and lease losses
  • $9,084Total noninterest income
  • $12,639Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $12,639Total noninterest expense
  • $18,892Salaries and employee benefits
  • $3,748Premises and equipment expense
  • $704Additional noninterest expense
  • $14,440Pre-tax net operating income
  • $17,434Securities gains (losses)
  • $706Applicable income taxes
  • $6,998Income before extraordinary items
  • $11,142Extraordinary gains - net
  • $0Net income attributable to bank
  • $11,142Net charge-offs
  • $7,183Cash dividends
  • $5,081Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 12.53%Cost of funding earning assets
  • 2.80%Net interest margin
  • 9.73%Noninterest income to earning assets
  • 3.75%Noninterest expense to earning assets
  • 5.61%Net operating income to assets
  • 3.07%Return on assets (ROA)
  • 3.20%Pretax return on assets
  • 5.21%Return on equity (ROE)
  • 47.53%Retained earnings to average equity (YTD only)
  • 25.85%Net charge-offs to loans
  • 2.31%Credit loss provision to net charge-offs
  • 126.47%Efficiency ratio
  • 40,570Assets per employee
  • 2.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 45.60%Loss allowance to loans
  • 1.74%Loss allowance to noncurrent loans
  • 226.56%Noncurrent assets plus other real estate owned to assets
  • 0.70%Noncurrent loans to loans
  • 0.77%Net loans and leases to deposits
  • 42699.42%Net loans and leases to core deposits
  • 79991.48%Equity capital to assets
  • 6.71%Core capital (leverage) ratio
  • 7.16%Tier 1 risk-based capital ratio
  • 7.15%Total risk-based capital ratio
  • Memoranda
  • $8Average assets
  • $348,423Average earning assets
  • $23,443Average equity
  • $336,747Average loans

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