Commerce Bank/Delaware, National Association in Wilmington, Delaware (DE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 01, 2005

  • Commerce Bank/Delaware, National Association in Wilmington, Delaware (DE)
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Commerce Bank/Delaware, National Association - Overview

  • General
  • FDIC Certificate #: 34877
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Commerce Bank, National Association (#21140)
    Federal Reserve ID: 2699109
    Date Established: December 18, 1999
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 8 (Interstate: No)
    FDIC's unique #: 61939
    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: December 18, 1999
    Last Structure Change Effective Date: May 01, 2005
    Last Structure Change Process Date: May 16, 2005
    Last Data Update: May 16, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 2502 Marsh Road, Wilmington, DE 19810
    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: $403.1 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, 2004)

  • Dollar figures in thousands
  • 146Total employees (full-time equivalent)
  • $381,363Total assets
  • $26,197Cash and due from depository institutions
  • $0Interest-bearing balances
  • $207,821Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $119,667Net loans & leases
  • $1,535Loan loss allowance
  • $0Trading account assets
  • $24,639Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $3,039All other assets
  • $381,363Total liabilities and capital
  • $358,358Total liabilities
  • $357,238Total deposits
  • $329,935Interest-bearing deposits
  • $357,238Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,120All other liabilities
  • $23,005Total equity capital
  • $23,005Total bank equity capital
  • $23,005Perpetual preferred stock
  • $0Common stock
  • $4,000Surplus
  • $16,920Undivided profits
  • Memoranda
  • $2,085Noncurrent loans and leases
  • $55,263Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $71Earning assets
  • $0Long-term assets (5+ years)
  • $1,429Average Assets, year-to-date
  • $327,488Average Assets, quarterly
  • $216,020Volatile liabilities
  • $373,036Insider loans
  • $439,373FHLB advances
  • $36,256Loans and leases held for sale
  • $1,588Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $55,263Total unused commitments
  • $0Restructured Loans and leases
  • $1,535Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $14,916Total interest income
  • $2,227Total interest expense
  • $12,689Net interest income
  • $400Provision for loan and lease losses
  • $4,863Total noninterest income
  • $0Fiduciary activities
  • $4,491Service charges on deposit accounts
  • $0Trading account gains & fees
  • $372Additional noninterest income
  • $10,811Total noninterest expense
  • $3,904Salaries and employee benefits
  • $2,855Premises and equipment expense
  • $4,052Additional noninterest expense
  • $6,341Pre-tax net operating income
  • $0Securities gains (losses)
  • $2,345Applicable income taxes
  • $3,996Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,996Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $66Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.61%Yield on earning assets
  • 0.69%Cost of funding earning assets
  • 3.92%Net interest margin
  • 1.50%Noninterest income to earning assets
  • 3.34%Noninterest expense to earning assets
  • 1.07%Net operating income to assets
  • 1.07%Return on assets (ROA)
  • 1.70%Pretax return on assets
  • 18.90%Return on equity (ROE)
  • 18.90%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 606.06%Credit loss provision to net charge-offs
  • 102.14%Efficiency ratio
  • 61,594Assets per employee
  • 2.61%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.27%Loss allowance to noncurrent loans
  • 2161.97%Noncurrent assets plus other real estate owned to assets
  • 0.02%Noncurrent loans to loans
  • 0.06%Net loans and leases to deposits
  • 33.50%Net loans and leases to core deposits
  • 37.28%Equity capital to assets
  • 6.03%Core capital (leverage) ratio
  • 6.04%Tier 1 risk-based capital ratio
  • 11.84%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $373,036Average earning assets
  • $21,148Average equity
  • $323,294Average loans

Total Fiduciary and Related Assets (December 31, 2004)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $3,008Managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 3Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $3,008Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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