ING Bank, fsb in Wilmington, Delaware (DE)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • ING Bank, fsb in Wilmington, Delaware (DE)
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ING Bank, fsb - Overview

  • General
  • 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
  • NoIDNameAddressEstablishedService TypeMap
    080573Ing Bank, Fsb1 South Orange Street, Wilmington, DE 19801August 04, 2000Full Service Brick and Mortar

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