FDIC Certificate #: 35444 Status: Active Federal Reserve ID: 2858960 Bank Holding Company (Regulatory Top Holder): Bancorp, Inc., The (RSSDID: 2858951, Location: Wilmington, DE) Date Established: July 28, 2000 WWW:http://www.thebancorp.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 80043 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: July 28, 2000 Last Structure Change Effective Date: November 07, 2008 Last Structure Change Process Date: November 18, 2009 Last Data Update: November 18, 2009 Data Source Date: April 05, 2012
Location
Address: 409 Silverside Road, Wilmington, DE 19809 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
Change in Location
Financial Summary
Total assets: $3,005.7 mil Equity capital: $206.7 mil Deposits held in domestic offices: $2,755.8 mil Return on assets (ROA): 0.35% ($10.5 mil) Quarterly return on assets: 0.44% ($13.2 mil) Return on Equity (ROE): 4.97% ($10.3 mil) Quarterly return on equity: 6.88% ($14.2 mil) Net income: $9.8 mil Quarterly Net income: $3.5 mil Pretax return on assets: 0.52% ($15,629.8 mil) Quarterly Pretax return on assets: 0.63% ($18,936.1 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
428Total employees (full-time equivalent)
$3,005,724Total assets
$749,139Cash and due from depository institutions
$652,946Interest-bearing balances
$463,273Securities
$0Federal funds sold & reverse repurchase agreements
$1,715,260Net loans & leases
$29,568Loan loss allowance
$0Trading account assets
$8,358Bank premises and fixed assets
$7,405Other real estate owned
$8,004Goodwill and other intangibles
$3,005,724Life insurance assets
$54,285All other assets
$2,799,021Total liabilities and capital
$2,755,807Total liabilities
$1,257,637Total deposits
$2,755,807Interest-bearing deposits
$79Deposits held in domestic offices
33177.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$10,037Subordinated debt
$206,703All other liabilities
$206,703Total equity capital
$206,703Total bank equity capital
$0Perpetual preferred stock
$3,804Common stock
$180,327Surplus
$22,572Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$21,688Income earned, not collected on loans
$249Earning assets
$8,476Long-term assets (5+ years)
$2,831,479Average Assets, year-to-date
$555,656Average Assets, quarterly
$2,816,087Volatile liabilities
$3,196,906Insider loans
$1,795,127FHLB advances
$3,029,779Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$185,702Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$380,295Restructured Loans and leases
$52,851Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$88,442Total interest income
$10,411Total interest expense
$78,031Net interest income
$21,498Provision for loan and lease losses
$29,287Total noninterest income
$0Fiduciary activities
$2,907Service charges on deposit accounts
$0Trading account gains & fees
$26,380Additional noninterest income
$71,882Total noninterest expense
$31,108Salaries and employee benefits
$7,569Premises and equipment expense
$33,205Additional noninterest expense
$13,938Pre-tax net operating income
$684Securities gains (losses)
$4,798Applicable income taxes
$9,824Income before extraordinary items
$0Extraordinary gains - net
$9,824Net income attributable to bank
$0Net charge-offs
$9,824Cash dividends
$15,993Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.46%Yield on earning assets
0.41%Cost of funding earning assets
3.05%Net interest margin
1.15%Noninterest income to earning assets
2.81%Noninterest expense to earning assets
0.33%Net operating income to assets
0.35%Return on assets (ROA)
0.52%Pretax return on assets
4.97%Return on equity (ROE)
4.97%Retained earnings to average equity (YTD only)
0.95%Net charge-offs to loans
134.42%Credit loss provision to net charge-offs
2.22%Efficiency ratio
66,048Assets per employee
7.02%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.69%Loss allowance to noncurrent loans
136.33%Noncurrent assets plus other real estate owned to assets
0.97%Noncurrent loans to loans
1.24%Net loans and leases to deposits
62.24%Net loans and leases to core deposits
204.05%Equity capital to assets
6.88%Core capital (leverage) ratio
6.13%Tier 1 risk-based capital ratio
10.34%Total risk-based capital ratio
Memoranda
$12Average assets
$2,816,087Average earning assets
$197,659Average equity
$2,555,866Average loans
List of branches
1 Delaware Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
80043
The Bancorp Bank
409 Silverside Road, Wilmington, DE 19809
July 28, 2000
Full Service Brick and Mortar
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