The Bancorp Bank in Wilmington, Delaware (DE)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Bancorp Bank - Overview

  • General
  • 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
    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
  • NoIDNameAddressEstablishedService TypeMap
    080043The Bancorp Bank409 Silverside Road, Wilmington, DE 19809July 28, 2000Full Service Brick and Mortar

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