FDIC Certificate #: 57306 Status: Inactive Federal Reserve ID: 3207444 Date Established: August 19, 2003 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 361026 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: August 19, 2003 Last Structure Change Effective Date: December 31, 2006 Last Structure Change Process Date: January 09, 2007 Last Data Update: January 09, 2007 Data Source Date: April 05, 2012
Location
Address: 92 Read's Way, Suite 210, New Castle, DE 19720 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: $2.7 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2005)
Dollar figures in thousands
2Total employees (full-time equivalent)
$3,487Total assets
$8Cash and due from depository institutions
$0Interest-bearing balances
$3,301Securities
$0Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$0Loan loss allowance
$0Trading account assets
$10Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$168All other assets
$3,487Total liabilities and capital
$761Total liabilities
$500Total deposits
$0Interest-bearing deposits
$500Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$261All other liabilities
$2,726Total equity capital
$2,726Total bank equity capital
$2,726Perpetual preferred stock
$0Common stock
$1,000Surplus
$1,000Undivided profits
Memoranda
$726Noncurrent 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)
$0Average Assets, year-to-date
$3,301Average Assets, quarterly
$0Volatile liabilities
$5,126Insider loans
$6,051FHLB advances
$500Loans 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, 2005)
Dollar figures in thousands
$88Total interest income
$20Total interest expense
$68Net interest income
$0Provision for loan and lease losses
$3,427Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$3,427Additional noninterest income
$1,426Total noninterest expense
$225Salaries and employee benefits
$46Premises and equipment expense
$1,155Additional noninterest expense
$2,069Pre-tax net operating income
$0Securities gains (losses)
$769Applicable income taxes
$1,300Income before extraordinary items
$0Extraordinary gains - net
$1,300Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$1,350Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
1.76%Yield on earning assets
0.40%Cost of funding earning assets
1.36%Net interest margin
68.68%Noninterest income to earning assets
28.58%Noninterest expense to earning assets
25.36%Net operating income to assets
25.36%Return on assets (ROA)
40.36%Pretax return on assets
42.45%Return on equity (ROE)
-1.63%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
40,801Assets per employee
1.74%Cash dividends to net income (YTD only)
Condition Ratios (%)
103.85%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
78.18%Core capital (leverage) ratio
51.83%Tier 1 risk-based capital ratio
78.20%Total risk-based capital ratio
Memoranda
$78Average assets
$5,126Average earning assets
$3,062Average equity
$4,990Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with JLB Service Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: