FDIC Certificate #: 35297 Status: Inactive Federal Reserve ID: 2882068 Date Established: Febuary 09, 2000 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 15646 FDIC's unique #: 77687 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: Febuary 09, 2000 Last Structure Change Effective Date: March 31, 2008 Last Structure Change Process Date: April 10, 2008 Last Data Update: April 10, 2008 Data Source Date: April 05, 2012
Location
Address: 1 Beaver Valley Road, 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)
History of Changes
Other Liquidations and Closings
Change in Insurance Status
Financial Summary
Total assets: $1.5 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2007)
Dollar figures in thousands
0Total employees (full-time equivalent)
$1,539Total assets
$755Cash and due from depository institutions
$433Interest-bearing balances
$779Securities
$0Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$0Loan loss allowance
$0Trading account assets
$0Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$5All other assets
$1,539Total liabilities and capital
$289Total liabilities
$0Total deposits
$0Interest-bearing deposits
$0Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$289All other liabilities
$1,250Total equity capital
$1,250Total bank equity capital
$1,250Perpetual preferred stock
$0Common stock
$1Surplus
$6,291Undivided profits
Memoranda
$-5,042Noncurrent loans and leases
$0Noncurrent 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)
$5Average Assets, year-to-date
$1,212Average Assets, quarterly
$0Volatile liabilities
$2,768Insider loans
$2,290FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$146Total interest income
$35Total interest expense
$111Net interest income
$0Provision for loan and lease losses
$270Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$270Additional noninterest income
$720Total noninterest expense
$6Salaries and employee benefits
$35Premises and equipment expense
$679Additional noninterest expense
-$339Pre-tax net operating income
$0Securities gains (losses)
$3Applicable income taxes
-$342Income before extraordinary items
$0Extraordinary gains - net
-$342Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.67%Yield on earning assets
1.36%Cost of funding earning assets
4.31%Net interest margin
10.48%Noninterest income to earning assets
27.95%Noninterest expense to earning assets
-12.36%Net operating income to assets
-12.36%Return on assets (ROA)
-12.25%Pretax return on assets
-34.94%Return on equity (ROE)
-34.94%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
188,976Assets per employee
0.00%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.00%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
0.00%Net loans and leases to core deposits
0.00%Equity capital to assets
81.22%Core capital (leverage) ratio
81.20%Tier 1 risk-based capital ratio
209.75%Total risk-based capital ratio
Memoranda
$210Average assets
$2,768Average earning assets
$979Average equity
$2,576Average loans
Total Fiduciary and Related Assets (December 31, 2006)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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