FDIC Certificate #: 35489 Status: Active Federal Reserve ID: 2933616 Date Established: August 04, 2000 WWW:http://www.ingdirect.com Trust Powers Granted: No Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 16782 FDIC's unique #: 80573 Numeric code: 33 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Mortgage Lending Specialization Date of Deposit Insurance: August 04, 2000 Last Structure Change Effective Date: July 21, 2011 Last Structure Change Process Date: July 21, 2011 Last Data Update: July 21, 2011 Data Source Date: April 05, 2012
Location
Address: 1 South Orange Street, Wilmington, DE 19801 County: New Castle Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: Atlanta 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
Change in Primary Regulatory Agency
Financial Summary
Total assets: $92,212.5 mil Equity capital: $9,052.9 mil Deposits held in domestic offices: $82,984.2 mil Return on assets (ROA): 0.17% ($156.8 mil) Quarterly return on assets: 0.39% ($359.6 mil) Return on Equity (ROE): 1.74% ($157.5 mil) Quarterly return on equity: 4.01% ($363.0 mil) Net income: $155.8 mil Quarterly Net income: $90.7 mil Pretax return on assets: 0.26% ($239,752.5 mil) Quarterly Pretax return on assets: 0.55% ($507,168.7 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
2,418Total employees (full-time equivalent)
$92,212,498Total assets
$6,494,850Cash and due from depository institutions
$6,450,602Interest-bearing balances
$41,276,319Securities
$0Federal funds sold & reverse repurchase agreements
$41,050,800Net loans & leases
$446,935Loan loss allowance
$2,569Trading account assets
$100,081Bank premises and fixed assets
$210,780Other real estate owned
$183,959Goodwill and other intangibles
$92,212,498Life insurance assets
$2,893,140All other assets
$83,159,554Total liabilities and capital
$82,984,186Total liabilities
$82,984,186Total deposits
$82,984,186Interest-bearing deposits
$97Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$175,368Subordinated debt
$9,052,944All other liabilities
$9,052,944Total equity capital
$9,052,944Total bank equity capital
$0Perpetual preferred stock
$1Common stock
$9,629,993Surplus
$-577,050Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,219,589Income earned, not collected on loans
$0Earning assets
$194,639Long-term assets (5+ years)
$88,780,290Average Assets, year-to-date
$0Average Assets, quarterly
$91,068,168Volatile liabilities
$91,950,208Insider loans
$31,709,208FHLB advances
$92,115,959Loans and leases held for sale
$1,140,997Unused loan commitments
$0Tier 1 (core) risk-based capital
$8,956,405Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,431,529Restructured Loans and leases
$4,174,891Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,519,094Total interest income
$851,178Total interest expense
$1,667,916Net interest income
$465,101Provision for loan and lease losses
-$289,564Total noninterest income
$0Fiduciary activities
$21,943Service charges on deposit accounts
$246Trading account gains & fees
-$311,753Additional noninterest income
$652,708Total noninterest expense
$246,795Salaries and employee benefits
$72,466Premises and equipment expense
$333,447Additional noninterest expense
$260,543Pre-tax net operating income
-$22,864Securities gains (losses)
$81,835Applicable income taxes
$155,844Income before extraordinary items
$0Extraordinary gains - net
$155,844Net income attributable to bank
$0Net charge-offs
$155,844Cash dividends
$408,209Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
2.88%Yield on earning assets
0.97%Cost of funding earning assets
1.91%Net interest margin
-0.33%Noninterest income to earning assets
0.75%Noninterest expense to earning assets
0.19%Net operating income to assets
0.17%Return on assets (ROA)
0.26%Pretax return on assets
1.74%Return on equity (ROE)
1.74%Retained earnings to average equity (YTD only)
0.99%Net charge-offs to loans
113.94%Credit loss provision to net charge-offs
1.78%Efficiency ratio
46,649Assets per employee
38.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.08%Loss allowance to noncurrent loans
36.65%Noncurrent assets plus other real estate owned to assets
1.55%Noncurrent loans to loans
2.94%Net loans and leases to deposits
49.47%Net loans and leases to core deposits
49.55%Equity capital to assets
9.82%Core capital (leverage) ratio
9.72%Tier 1 risk-based capital ratio
28.25%Total risk-based capital ratio
Memoranda
$29Average assets
$91,068,168Average earning assets
$8,970,535Average equity
$87,527,562Average loans
List of branches
1 Delaware Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
80573
Ing Bank, Fsb
1 South Orange Street, Wilmington, DE 19801
August 04, 2000
Full Service Brick and Mortar
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