Equibank (Delaware) National Association in Wilmington, Delaware (DE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 01, 1993

  • Equibank (Delaware) National Association in Wilmington, Delaware (DE)
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Equibank (Delaware) National Association - Overview

  • General
  • FDIC Certificate #: 26908
    Status: Inactive
    Federal Reserve ID: 557018
    Date Established: Febuary 04, 1987
    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 #: 36256
    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: Febuary 04, 1987
    Last Structure Change Effective Date: June 01, 1993
    Last Structure Change Process Date: July 21, 1993
    Last Data Update: July 21, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 3411 Silverside 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)
  • History of Changes
  • Other Liquidations and Closings
  • Financial Summary
  • Total assets: $37.4 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $0Total assets
  • $40,614Cash and due from depository institutions
  • $0Interest-bearing balances
  • $0Securities
  • $858Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $39,685Loan loss allowance
  • $7,542Trading account assets
  • $0Bank premises and fixed assets
  • $9Other real estate owned
  • $0Goodwill and other intangibles
  • $62Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $40,614Total liabilities
  • $3,598Total deposits
  • $4Interest-bearing deposits
  • $0Deposits held in domestic offices
  • 4.00%% insured (estimated)
  • $100Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $3,264Subordinated debt
  • $0All other liabilities
  • $330Total equity capital
  • $330Total bank equity capital
  • $37,016Perpetual preferred stock
  • $0Common stock
  • $12,500Surplus
  • $16,109Undivided profits
  • Memoranda
  • $8,407Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,382Income earned, not collected on loans
  • $35Earning assets
  • $40,543Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $49,646Average Assets, quarterly
  • $42,779Volatile liabilities
  • $3,264Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $37,016Total risk weighted assets
  • $41,216Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $11,895Total interest expense
  • $1,978Net interest income
  • $9,917Provision for loan and lease losses
  • $4,042Total noninterest income
  • $360Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $360Total noninterest expense
  • $1,337Salaries and employee benefits
  • $2Premises and equipment expense
  • $4Additional noninterest expense
  • $1,331Pre-tax net operating income
  • $4,898Securities gains (losses)
  • $0Applicable income taxes
  • $12Income before extraordinary items
  • $4,886Extraordinary gains - net
  • $0Net income attributable to bank
  • $4,886Net charge-offs
  • $7,777Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 24.00%Cost of funding earning assets
  • 3.99%Net interest margin
  • 20.01%Noninterest income to earning assets
  • 0.73%Noninterest expense to earning assets
  • 2.70%Net operating income to assets
  • 9.84%Return on assets (ROA)
  • 9.84%Pretax return on assets
  • 9.87%Return on equity (ROE)
  • 14.21%Retained earnings to average equity (YTD only)
  • 14.21%Net charge-offs to loans
  • 13.39%Credit loss provision to net charge-offs
  • 51.97%Efficiency ratio
  • 13,010Assets per employee
  • 0.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 15.97%Loss allowance to noncurrent loans
  • 316.62%Noncurrent assets plus other real estate owned to assets
  • 5.86%Noncurrent loans to loans
  • 5.04%Net loans and leases to deposits
  • 992125.00%Net loans and leases to core deposits
  • 992125.00%Equity capital to assets
  • 91.14%Core capital (leverage) ratio
  • 86.48%Tier 1 risk-based capital ratio
  • 89.81%Total risk-based capital ratio
  • Memoranda
  • $91Average assets
  • $49,646Average earning assets
  • $34,394Average equity
  • $49,564Average loans

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