FDIC Certificate #: 24216 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Chase Bank USA, National Association (#23702) Federal Reserve ID: 262013 Date Established: January 03, 1983 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 16864 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 03, 1983 Last Structure Change Effective Date: June 01, 2000 Last Structure Change Process Date: June 16, 2000 Last Data Update: June 16, 2000 Data Source Date: April 05, 2012
Location
Address: 1201 North Market Street, Wilmington, DE 19801 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: $1,466.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
1,401Total employees (full-time equivalent)
$1,386,272Total assets
$117,067Cash and due from depository institutions
$83,651Interest-bearing balances
$270,451Securities
$764,000Federal funds sold & reverse repurchase agreements
$13,115Net loans & leases
$100Loan loss allowance
$0Trading account assets
$76,421Bank premises and fixed assets
$8,947Other real estate owned
$75,663Goodwill and other intangibles
$0Life insurance assets
$60,608All other assets
$1,386,272Total liabilities and capital
$1,039,968Total liabilities
$877,506Total deposits
$624,929Interest-bearing deposits
$642,664Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$999Other borrowed funds
$0Subordinated debt
$161,463All other liabilities
$346,304Total equity capital
$346,304Total bank equity capital
$346,304Perpetual preferred stock
$0Common stock
$25,000Surplus
$168,334Undivided profits
Memoranda
$152,970Noncurrent loans and leases
$44Noncurrent 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)
$76Average Assets, year-to-date
$1,131,217Average Assets, quarterly
$135,185Volatile liabilities
$1,312,194Insider loans
$1,374,080FHLB advances
$613,187Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$44Total unused commitments
$0Restructured Loans and leases
$100Derivatives
$72,509Total assets and liabilities in foreign offices
Income and Expense (December 31, 1999)
Dollar figures in thousands
$55,830Total interest income
$18,057Total interest expense
$37,773Net interest income
-$908Provision for loan and lease losses
$328,347Total noninterest income
$4,575Fiduciary activities
$25,874Service charges on deposit accounts
$0Trading account gains & fees
$297,898Additional noninterest income
$252,078Total noninterest expense
$89,062Salaries and employee benefits
$52,290Premises and equipment expense
$110,728Additional noninterest expense
$114,950Pre-tax net operating income
-$150Securities gains (losses)
$39,795Applicable income taxes
$75,005Income before extraordinary items
$0Extraordinary gains - net
$75,005Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$25Sale, conversion, retirement of capital stock, net
$100,000Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.20%Yield on earning assets
1.68%Cost of funding earning assets
3.52%Net interest margin
30.59%Noninterest income to earning assets
23.49%Noninterest expense to earning assets
5.72%Net operating income to assets
5.72%Return on assets (ROA)
8.75%Pretax return on assets
19.40%Return on equity (ROE)
-6.46%Retained earnings to average equity (YTD only)
-0.26%Net charge-offs to loans
3632.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
67,823Assets per employee
0.99%Cash dividends to net income (YTD only)
Condition Ratios (%)
133.32%Loss allowance to loans
0.76%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
1.49%Net loans and leases to core deposits
4.94%Equity capital to assets
24.98%Core capital (leverage) ratio
20.01%Tier 1 risk-based capital ratio
41.37%Total risk-based capital ratio
Memoranda
$41Average assets
$1,312,194Average earning assets
$386,628Average equity
$1,073,300Average 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 Chase Manhattan 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.
Comment about this bank, ask questions, or add new information about it: