Calvin B. Taylor Bank of Delaware in Ocean View, Delaware (DE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 26, 2002

  • Calvin B. Taylor Bank of Delaware in Ocean View, Delaware (DE)
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Calvin B. Taylor Bank of Delaware - Overview

  • General
  • FDIC Certificate #: 34567
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Calvin B. Taylor Banking Company of Berlin, Maryland (#5874)
    Federal Reserve ID: 2604925
    Date Established: May 22, 1998
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 59075
    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: May 22, 1998
    Last Structure Change Effective Date: September 26, 2002
    Last Structure Change Process Date: October 29, 2002
    Last Data Update: October 29, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 50 Atlantic Avenue, Ocean View, DE 19970
    County: Sussex
    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
    Core Based Statistical Area (CBSA): Seaford, DE (#42580)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $14.6 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
  • 7Total employees (full-time equivalent)
  • $12,004Total assets
  • $3,027Cash and due from depository institutions
  • $655Interest-bearing balances
  • $250Securities
  • $3,747Federal funds sold & reverse repurchase agreements
  • $4,850Net loans & leases
  • $66Loan loss allowance
  • $0Trading account assets
  • $86Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $44All other assets
  • $12,004Total liabilities and capital
  • $9,102Total liabilities
  • $9,066Total deposits
  • $7,962Interest-bearing deposits
  • $9,066Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $36All other liabilities
  • $2,902Total equity capital
  • $2,902Total bank equity capital
  • $2,902Perpetual preferred stock
  • $0Common stock
  • $2,500Surplus
  • $500Undivided profits
  • Memoranda
  • $-98Noncurrent loans and leases
  • $769Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $27Average Assets, year-to-date
  • $9,502Average Assets, quarterly
  • $2,163Volatile liabilities
  • $11,498Insider loans
  • $12,519FHLB advances
  • $524Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $769Total unused commitments
  • $0Restructured Loans and leases
  • $61Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $614Total interest income
  • $155Total interest expense
  • $459Net interest income
  • $10Provision for loan and lease losses
  • $53Total noninterest income
  • $0Fiduciary activities
  • $27Service charges on deposit accounts
  • $0Trading account gains & fees
  • $26Additional noninterest income
  • $446Total noninterest expense
  • $222Salaries and employee benefits
  • $102Premises and equipment expense
  • $122Additional noninterest expense
  • $56Pre-tax net operating income
  • $0Securities gains (losses)
  • $21Applicable income taxes
  • $35Income before extraordinary items
  • $0Extraordinary gains - net
  • $35Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.61%Yield on earning assets
  • 1.67%Cost of funding earning assets
  • 4.94%Net interest margin
  • 0.57%Noninterest income to earning assets
  • 4.80%Noninterest expense to earning assets
  • 0.30%Net operating income to assets
  • 0.30%Return on assets (ROA)
  • 0.49%Pretax return on assets
  • 1.21%Return on equity (ROE)
  • 1.21%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 87,109Assets per employee
  • 1.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.34%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 53.50%Net loans and leases to core deposits
  • 56.78%Equity capital to assets
  • 24.18%Core capital (leverage) ratio
  • 22.35%Tier 1 risk-based capital ratio
  • 59.66%Total risk-based capital ratio
  • Memoranda
  • $61Average assets
  • $11,498Average earning assets
  • $2,890Average equity
  • $9,293Average loans

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