NationsBank of Delaware, National Association in Dover, Delaware (DE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 01, 1999

  • NationsBank of Delaware, National Association in Dover, Delaware (DE)
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NationsBank of Delaware, National Association - Overview

  • General
  • FDIC Certificate #: 27486
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Bank of America, National Association (USA) (#27595)
    Federal Reserve ID: 1391433
    Date Established: April 04, 1989
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 40103
    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: April 04, 1989
    Last Structure Change Effective Date: April 01, 1999
    Last Structure Change Process Date: April 14, 1999
    Last Data Update: May 06, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: Blue Hen Corporate Center, Route 113, Dover, DE 19901
    County: Kent
    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): Dover, DE (#2190)
    Core Based Statistical Area (CBSA): Dover, DE (#20100)
    CBSA Metro Statistical Area: Dover, DE (#20100)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $8,352.9 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 388Total employees (full-time equivalent)
  • $8,302,284Total assets
  • $93,293Cash and due from depository institutions
  • $0Interest-bearing balances
  • $26,481Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $7,873,390Net loans & leases
  • $305,447Loan loss allowance
  • $2Trading account assets
  • $4,369Bank premises and fixed assets
  • $0Other real estate owned
  • $116,610Goodwill and other intangibles
  • $0Life insurance assets
  • $188,139All other assets
  • $8,302,284Total liabilities and capital
  • $7,509,869Total liabilities
  • $919Total deposits
  • $0Interest-bearing deposits
  • $919Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,198,988Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $5,974,984Other borrowed funds
  • $150,000Subordinated debt
  • $184,978All other liabilities
  • $792,415Total equity capital
  • $792,415Total bank equity capital
  • $792,415Perpetual preferred stock
  • $0Common stock
  • $38,800Surplus
  • $450,576Undivided profits
  • Memoranda
  • $303,039Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $140,904Earning assets
  • $0Long-term assets (5+ years)
  • $43,160Average Assets, year-to-date
  • $7,899,873Average Assets, quarterly
  • $10,792Volatile liabilities
  • $7,330,272Insider loans
  • $8,043,927FHLB advances
  • $5,927,903Loans and leases held for sale
  • $413Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $29,024,766Total unused commitments
  • $0Restructured Loans and leases
  • $8,350,330Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $862,254Total interest income
  • $364,853Total interest expense
  • $497,401Net interest income
  • $393,158Provision for loan and lease losses
  • $417,849Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $417,849Additional noninterest income
  • $334,947Total noninterest expense
  • $11,786Salaries and employee benefits
  • $2,901Premises and equipment expense
  • $320,260Additional noninterest expense
  • $187,145Pre-tax net operating income
  • $0Securities gains (losses)
  • $70,647Applicable income taxes
  • $116,498Income before extraordinary items
  • $0Extraordinary gains - net
  • $116,498Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $391,696Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 12.42%Yield on earning assets
  • 5.26%Cost of funding earning assets
  • 7.17%Net interest margin
  • 6.02%Noninterest income to earning assets
  • 4.83%Noninterest expense to earning assets
  • 1.59%Net operating income to assets
  • 1.59%Return on assets (ROA)
  • 2.55%Pretax return on assets
  • 16.34%Return on equity (ROE)
  • 16.34%Retained earnings to average equity (YTD only)
  • 5.52%Net charge-offs to loans
  • 100.37%Credit loss provision to net charge-offs
  • 1.48%Efficiency ratio
  • 34,508Assets per employee
  • 21.40%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.73%Loss allowance to noncurrent loans
  • 216.78%Noncurrent assets plus other real estate owned to assets
  • 1.70%Noncurrent loans to loans
  • 1.72%Net loans and leases to deposits
  • 856734.49%Net loans and leases to core deposits
  • 856734.49%Equity capital to assets
  • 9.54%Core capital (leverage) ratio
  • 10.04%Tier 1 risk-based capital ratio
  • 9.41%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $7,330,272Average earning assets
  • $713,075Average equity
  • $6,940,049Average loans

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