Manufacturers Bank - Wilmington in Newark, Delaware (DE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 01, 1993

  • Manufacturers Bank - Wilmington in Newark, Delaware (DE)
  • Show street view No street view available for this location

Manufacturers Bank - Wilmington - Overview

  • General
  • FDIC Certificate #: 26724
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Comerica Bank, National Association (#24843)
    Federal Reserve ID: 62419
    Date Established: July 25, 1986
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 35805
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 25, 1986
    Last Structure Change Effective Date: Febuary 01, 1993
    Last Structure Change Process Date: Febuary 08, 1993
    Last Data Update: Febuary 08, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 411 White Clay Center Drive, Newark, DE 19711
    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)
  • Financial Summary
  • Total assets: $50.5 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $1Total assets
  • $50,465Cash and due from depository institutions
  • $2,591Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $46,769Loan loss allowance
  • $2,253Trading account assets
  • $0Bank premises and fixed assets
  • $23Other real estate owned
  • $0Goodwill and other intangibles
  • $1,073Life insurance assets
  • $9All other assets
  • $0Total liabilities and capital
  • $50,465Total liabilities
  • $44,994Total deposits
  • $0Interest-bearing deposits
  • $0Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,224Subordinated debt
  • $43,400All other liabilities
  • $370Total equity capital
  • $370Total bank equity capital
  • $5,471Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $2,000Undivided profits
  • Memoranda
  • $2,471Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $872Income earned, not collected on loans
  • $314Earning assets
  • $46,769Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $50,056Average Assets, quarterly
  • $50,048Volatile liabilities
  • $1,224Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $94,334Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,462Total risk weighted assets
  • $49,016Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $7,329Total interest expense
  • $2,362Net interest income
  • $4,967Provision for loan and lease losses
  • $2,556Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $0Total noninterest expense
  • $1,641Salaries and employee benefits
  • $106Premises and equipment expense
  • $98Additional noninterest expense
  • $1,437Pre-tax net operating income
  • $770Securities gains (losses)
  • $0Applicable income taxes
  • $262Income before extraordinary items
  • $508Extraordinary gains - net
  • $0Net income attributable to bank
  • $508Net charge-offs
  • $2,481Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 15.50%Cost of funding earning assets
  • 5.00%Net interest margin
  • 10.51%Noninterest income to earning assets
  • 0.00%Noninterest expense to earning assets
  • 3.47%Net operating income to assets
  • 1.01%Return on assets (ROA)
  • 1.01%Pretax return on assets
  • 1.54%Return on equity (ROE)
  • 9.75%Retained earnings to average equity (YTD only)
  • 9.75%Net charge-offs to loans
  • 5.02%Credit loss provision to net charge-offs
  • 103.02%Efficiency ratio
  • 32,978Assets per employee
  • 50.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.60%Loss allowance to noncurrent loans
  • 258.37%Noncurrent assets plus other real estate owned to assets
  • 1.73%Noncurrent loans to loans
  • 1.78%Net loans and leases to deposits
  • 0.00%Net loans and leases to core deposits
  • 0.00%Equity capital to assets
  • 10.84%Core capital (leverage) ratio
  • 11.06%Tier 1 risk-based capital ratio
  • 11.14%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $50,056Average earning assets
  • $5,208Average equity
  • $47,278Average loans

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