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

This bank is inactive as of November 14, 1997

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

  • General
  • FDIC Certificate #: 33981
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Fleet Bank (RI), National Association (#34746)
    Federal Reserve ID: 2267991
    Date Established: Febuary 02, 1995
    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 #: 55355
    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 02, 1995
    Last Structure Change Effective Date: November 14, 1997
    Last Structure Change Process Date: January 21, 1998
    Last Data Update: April 11, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 824 Market Street, Wilmington, DE 19899
    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: $447.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $67Total assets
  • $502,474Cash and due from depository institutions
  • $14,873Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $450,560Loan loss allowance
  • $79,472Trading account assets
  • $0Bank premises and fixed assets
  • $1,355Other real estate owned
  • $0Goodwill and other intangibles
  • $35,686Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $502,474Total liabilities
  • $322,344Total deposits
  • $2,601Interest-bearing deposits
  • $169Deposits held in domestic offices
  • 2601.00%% insured (estimated)
  • $100Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $308,976Subordinated debt
  • $0All other liabilities
  • $10,767Total equity capital
  • $10,767Total bank equity capital
  • $180,130Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $177,289Undivided profits
  • Memoranda
  • $2,341Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $9,601Income earned, not collected on loans
  • $4,485Earning assets
  • $450,560Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $899,905Average Assets, quarterly
  • $515,650Volatile liabilities
  • $308,976Insider loans
  • $85FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,868,501Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $179,453Total risk weighted assets
  • $497,016Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $50,486Total interest expense
  • $16,381Net interest income
  • $34,105Provision for loan and lease losses
  • $32,065Total noninterest income
  • $20,370Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $20,370Total noninterest expense
  • $18,455Salaries and employee benefits
  • $3,176Premises and equipment expense
  • $393Additional noninterest expense
  • $14,886Pre-tax net operating income
  • $3,955Securities gains (losses)
  • $0Applicable income taxes
  • $1,614Income before extraordinary items
  • $2,341Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,341Net charge-offs
  • $31,396Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.22%Cost of funding earning assets
  • 2.02%Net interest margin
  • 4.20%Noninterest income to earning assets
  • 2.51%Noninterest expense to earning assets
  • 2.28%Net operating income to assets
  • 0.26%Return on assets (ROA)
  • 0.26%Pretax return on assets
  • 0.44%Return on equity (ROE)
  • 1.15%Retained earnings to average equity (YTD only)
  • 1.15%Net charge-offs to loans
  • 3.75%Credit loss provision to net charge-offs
  • 102.13%Efficiency ratio
  • 33,878Assets per employee
  • 7.50%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 14.99%Loss allowance to noncurrent loans
  • 827.75%Noncurrent assets plus other real estate owned to assets
  • 1.91%Noncurrent loans to loans
  • 1.81%Net loans and leases to deposits
  • 17322.57%Net loans and leases to core deposits
  • 17322.57%Equity capital to assets
  • 35.85%Core capital (leverage) ratio
  • 35.81%Tier 1 risk-based capital ratio
  • 36.11%Total risk-based capital ratio
  • Memoranda
  • $38Average assets
  • $899,905Average earning assets
  • $204,399Average equity
  • $811,196Average loans

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