The Bancorp Bank in Wilmington, Delaware (DE)

Show street view No street view available for this location

The Bancorp Bank routing number info

Table of contents:
The Bancorp Bank
GeneralFDIC 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
LocationAddress: 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 ChangesChange in Location
Financial SummaryTotal 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)
Total employees (full-time equivalent)428
Total assets$3,005,724
Cash and due from depository institutions$749,139
Interest-bearing balances$652,946
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$1,715,260
Loan loss allowance $29,568
Trading account assets$0
Bank premises and fixed assets$8,358
Other real estate owned$7,405
Goodwill and other intangibles$8,004
All other assets$54,285
Life insurance assets$3,005,724
Total liabilities and capital$2,799,021
Total liabilities$2,755,807
Total deposits$1,257,637
Interest-bearing deposits$2,755,807
Deposits held in domestic offices$79
% insured (estimated)33177.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $10,037
All other liabilities $206,703
Total equity capital$206,703
Total bank equity capital$206,703
Perpetual preferred stock$0
Common stock$3,804
Undivided profits $22,572
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $21,688
Earning assets $249
Long-term assets (5+ years) $8,476
Average Assets, year-to-date $2,831,479
Average Assets, quarterly $555,656
Volatile liabilities $2,816,087
Insider loans $3,196,906
FHLB advances $1,795,127
Loans and leases held for sale $3,029,779
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $185,702
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $380,295
Back to page top, Back to table top

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $88,442
Total interest expense $10,411
Net interest income $78,031
Provision for loan and lease losses $21,498
Total noninterest income $29,287
Fiduciary activities $0
Service charges on deposit accounts $2,907
Trading account gains & fees $0
Additional noninterest income $26,380
Total noninterest expense $71,882
Salaries and employee benefits $31,108
Premises and equipment expense $7,569
Additional noninterest expense $33,205
Pre-tax net operating income $13,938
Securities gains (losses) $684
Applicable income taxes $4,798
Income before extraordinary items $9,824
Extraordinary gains - net $0
Net income attributable to bank $9,824
Net charge-offs $0
Cash dividends $9,824
Sale, conversion, retirement of capital stock, net $15,993
Net operating income $0
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets3.46%
Cost of funding earning assets 0.41%
Net interest margin 3.05%
Noninterest income to earning assets 1.15%
Noninterest expense to earning assets 2.81%
Net operating income to assets 0.33%
Return on assets (ROA) 0.35%
Pretax return on assets 0.52%
Return on equity (ROE) 4.97%
Retained earnings to average equity (YTD only) 4.97%
Net charge-offs to loans 0.95%
Credit loss provision to net charge-offs 134.42%
Efficiency ratio2.22%
Assets per employee$66,048
Cash dividends to net income (YTD only)7.02%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.69%
Noncurrent assets plus other real estate owned to assets 136.33%
Noncurrent loans to loans 0.97%
Net loans and leases to deposits1.24%
Net loans and leases to core deposits 62.24%
Equity capital to assets 204.05%
Core capital (leverage) ratio 6.88%
Tier 1 risk-based capital ratio 6.13%
Total risk-based capital ratio 10.34%
Average assets$12
Average earning assets$2,816,087
Average equity $197,659
Average loans $2,555,866
Back to page top, Back to table top

1 Delaware Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
080043The Bancorp Bank409 Silverside Road, Wilmington, DE 19809July 28, 2000Full Service Brick and Mortar
Back to page top

User Contributions:

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 The Bancorp Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.