First Bank of Delaware in Wilmington, Delaware (DE)



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First Bank of Delaware routing number info

Table of contents:
First Bank of Delaware
GeneralFDIC Certificate #: 34929
Status: Active
Federal Reserve ID: 2791281
Date Established: June 01, 1999
WWW: http://www.fbdel.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 62048
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: June 01, 1999
Last Structure Change Effective Date: November 30, 2011
Last Structure Change Process Date: December 12, 2011
Last Data Update: December 12, 2011
Data Source Date: April 05, 2012
LocationAddress: 1000 Rocky Run Parkway, Wilmington, DE 19803
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 SummaryTotal assets: $256.0 mil
Equity capital: $46.0 mil
Deposits held in domestic offices: $168.3 mil
Return on assets (ROA): 0.68% ($1.7 mil)
Quarterly return on assets: -3.03% (-$7.8 mil)
Return on Equity (ROE): 3.39% ($1.6 mil)
Quarterly return on equity: -15.77% (-$7.3 mil)
Net income: $1.6 mil
Quarterly Net income: -$1.9 mil
Pretax return on assets: 1.10% ($2,816.4 mil)
Quarterly Pretax return on assets: -4.82% (-$12,341.0 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, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)38
Total assets$256,038
Cash and due from depository institutions$120,271
Interest-bearing balances$108,886
Securities$4,218
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$119,966
Loan loss allowance $2,214
Trading account assets$0
Bank premises and fixed assets$2,175
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$9,408
Life insurance assets$256,038
Total liabilities and capital$210,024
Total liabilities$168,326
Total deposits$101,641
Interest-bearing deposits$168,326
Deposits held in domestic offices$87
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$40,000
Other borrowed funds $0
Subordinated debt $1,698
All other liabilities $46,014
Total equity capital$46,014
Total bank equity capital$46,014
Perpetual preferred stock$0
Common stock$571
Surplus$13,583
Undivided profits $31,860
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $75
Earning assets $0
Long-term assets (5+ years) $503
Average Assets, year-to-date $233,070
Average Assets, quarterly $29,115
Volatile liabilities $230,032
Insider loans $244,474
FHLB advances $130,267
Loans and leases held for sale $255,560
Unused loan commitments $1,562
Tier 1 (core) risk-based capital $1,562
Tier 2 risk-based capital $45,758
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $17,792
Derivatives$3,793
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $10,375
Total interest expense $1,247
Net interest income $9,128
Provision for loan and lease losses $670
Total noninterest income $8,872
Fiduciary activities $0
Service charges on deposit accounts $42
Trading account gains & fees $0
Additional noninterest income $8,830
Total noninterest expense $14,801
Salaries and employee benefits $4,802
Premises and equipment expense $1,361
Additional noninterest expense $8,638
Pre-tax net operating income $2,529
Securities gains (losses) $0
Applicable income taxes $955
Income before extraordinary items $1,574
Extraordinary gains - net $0
Net income attributable to bank $1,574
Net charge-offs $0
Cash dividends $1,574
Sale, conversion, retirement of capital stock, net $4,136
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.91%
Cost of funding earning assets 0.59%
Net interest margin 4.32%
Noninterest income to earning assets 4.20%
Noninterest expense to earning assets 7.00%
Net operating income to assets 0.68%
Return on assets (ROA) 0.68%
Pretax return on assets 1.10%
Return on equity (ROE) 3.39%
Retained earnings to average equity (YTD only) 3.39%
Net charge-offs to loans 3.22%
Credit loss provision to net charge-offs 16.20%
Efficiency ratio0.77%
Assets per employee$82,228
Cash dividends to net income (YTD only)6.74%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.81%
Noncurrent assets plus other real estate owned to assets 2952.00%
Noncurrent loans to loans 0.03%
Net loans and leases to deposits0.06%
Net loans and leases to core deposits 71.27%
Equity capital to assets 75.31%
Core capital (leverage) ratio 17.97%
Tier 1 risk-based capital ratio 17.90%
Total risk-based capital ratio 35.13%
Memoranda
Average assets$36
Average earning assets$230,032
Average equity $46,451
Average loans $211,380
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2 Delaware Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
062048First Bank Of Delaware1000 Rocky Run Parkway, Wilmington, DE 19803June 01, 1999Full Service Brick and Mortar
2432628Limestone Road Branch5301 Limestone Road, Wilmington, DE 19808September 27, 2004Full Service Brick and Mortar
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