JCPenney National Bank in Harrington, Delaware (DE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 24, 1997

  • JCPenney National Bank in Harrington, Delaware (DE)
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JCPenney National Bank - Overview

  • General
  • FDIC Certificate #: 4810
    Status: Inactive
    Closing history: Absorption - Without Assistance
    Acquiring institution: The First National Bank of Wyoming (#4819)
    Federal Reserve ID: 36018
    Date Established: January 01, 1888
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 3214
    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: January 01, 1934
    Last Structure Change Effective Date: October 24, 1997
    Last Structure Change Process Date: November 14, 1997
    Last Data Update: November 14, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 9 Commerce Street, Harrington, DE 19952
    County: Kent
    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): Dover, DE (#2190)
    Core Based Statistical Area (CBSA): Dover, DE (#20100)
    CBSA Metro Statistical Area: Dover, DE (#20100)
  • Financial Summary
  • Total assets: $174.6 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)
  • $69Total assets
  • $626,739Cash and due from depository institutions
  • $4,675Interest-bearing balances
  • $0Securities
  • $862Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $599,865Loan loss allowance
  • $39,011Trading account assets
  • $0Bank premises and fixed assets
  • $697Other real estate owned
  • $190Goodwill and other intangibles
  • $20,450Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $626,739Total liabilities
  • $580,542Total deposits
  • $564,088Interest-bearing deposits
  • $539,416Deposits held in domestic offices
  • 564088.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $10,700Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $5,754Total equity capital
  • $5,754Total bank equity capital
  • $46,197Perpetual preferred stock
  • $0Common stock
  • $210Surplus
  • $27,450Undivided profits
  • Memoranda
  • $18,537Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $14,340Income earned, not collected on loans
  • $232Earning assets
  • $600,727Long-term assets (5+ years)
  • $36,129Average Assets, year-to-date
  • $659,541Average Assets, quarterly
  • $640,377Volatile liabilities
  • $77,910Insider loans
  • $107FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,690,073Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $46,197Total risk weighted assets
  • $609,638Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $110,777Total interest expense
  • $33,030Net interest income
  • $77,747Provision for loan and lease losses
  • $63,000Total noninterest income
  • $18,660Fiduciary activities
  • $0Service charges on deposit accounts
  • $384Trading account gains & fees
  • $0Additional noninterest income
  • $18,276Total noninterest expense
  • $31,588Salaries and employee benefits
  • $1,541Premises and equipment expense
  • $302Additional noninterest expense
  • $29,745Pre-tax net operating income
  • $1,819Securities gains (losses)
  • $1Applicable income taxes
  • $719Income before extraordinary items
  • $1,101Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,101Net charge-offs
  • $60,960Cash 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
  • 17.46%Cost of funding earning assets
  • 5.21%Net interest margin
  • 12.26%Noninterest income to earning assets
  • 2.94%Noninterest expense to earning assets
  • 4.98%Net operating income to assets
  • 0.17%Return on assets (ROA)
  • 0.17%Pretax return on assets
  • 0.28%Return on equity (ROE)
  • 2.36%Retained earnings to average equity (YTD only)
  • 2.36%Net charge-offs to loans
  • 9.20%Credit loss provision to net charge-offs
  • 103.35%Efficiency ratio
  • 32,765Assets per employee
  • 9.08%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 6.11%Loss allowance to noncurrent loans
  • 272.04%Noncurrent assets plus other real estate owned to assets
  • 2.32%Noncurrent loans to loans
  • 2.24%Net loans and leases to deposits
  • 106.34%Net loans and leases to core deposits
  • 120.73%Equity capital to assets
  • 7.37%Core capital (leverage) ratio
  • 7.19%Tier 1 risk-based capital ratio
  • 7.58%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $659,541Average earning assets
  • $46,596Average equity
  • $634,319Average loans

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