Wilmington Savings Fund Society, FSB in Wilmington, Delaware (DE), PA, NV
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Wilmington Savings Fund Society, FSB in Wilmington, Delaware (DE), PA, NV
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Wilmington Savings Fund Society, FSB - Overview

  • General
  • FDIC Certificate #: 17838
    Status: Active
    Federal Reserve ID: 437914
    Date Established: Febuary 18, 1832
    WWW: http://www.wsfsbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 43 (Domestic: 43, Interstate: Yes)
    OTS Docket #: 7938
    FDIC's unique #: 11782
    Numeric code: 33
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: Febuary 06, 1958
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 500 Delaware Avenue, Wilmington, DE 19801
    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 Primary Regulatory Agency
  • Financial Summary
  • Total assets: $4,281.1 mil
    Equity capital: $436.4 mil
    Deposits held in domestic offices: $3,150.2 mil
    Return on assets (ROA): 0.55% ($23.5 mil)
    Quarterly return on assets: 0.58% ($24.8 mil)
    Return on Equity (ROE): 5.38% ($23.5 mil)
    Quarterly return on equity: 5.65% ($24.6 mil)
    Net income: $22.7 mil
    Quarterly Net income: $6.1 mil
    Pretax return on assets: 0.83% ($35,533.5 mil)
    Quarterly Pretax return on assets: 0.89% ($38,102.2 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ 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
  • 760Total employees (full-time equivalent)
  • $4,281,149Total assets
  • $468,017Cash and due from depository institutions
  • $4,858Interest-bearing balances
  • $856,071Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $2,712,213Net loans & leases
  • $53,080Loan loss allowance
  • $12,432Trading account assets
  • $35,945Bank premises and fixed assets
  • $11,695Other real estate owned
  • $32,381Goodwill and other intangibles
  • $4,281,149Life insurance assets
  • $152,395All other assets
  • $3,844,704Total liabilities and capital
  • $3,150,237Total liabilities
  • $2,623,483Total deposits
  • $3,150,237Interest-bearing deposits
  • $69Deposits held in domestic offices
  • 87927.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $568,682Trading liabilities
  • $0Other borrowed funds
  • $37,858Subordinated debt
  • $436,445All other liabilities
  • $436,445Total equity capital
  • $436,445Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $182,797Surplus
  • $253,647Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $72,058Income earned, not collected on loans
  • $0Earning assets
  • $11,743Long-term assets (5+ years)
  • $3,585,574Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $4,104,353Volatile liabilities
  • $4,234,628Insider loans
  • $3,233,606FHLB advances
  • $4,237,958Loans and leases held for sale
  • $63,392Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $393,725Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $630,912Restructured Loans and leases
  • $1,804Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $158,618Total interest income
  • $31,987Total interest expense
  • $126,631Net interest income
  • $27,996Provision for loan and lease losses
  • $50,141Total noninterest income
  • $0Fiduciary activities
  • $11,975Service charges on deposit accounts
  • $0Trading account gains & fees
  • $38,166Additional noninterest income
  • $119,463Total noninterest expense
  • $60,775Salaries and employee benefits
  • $23,834Premises and equipment expense
  • $34,854Additional noninterest expense
  • $29,313Pre-tax net operating income
  • $4,878Securities gains (losses)
  • $11,489Applicable income taxes
  • $22,702Income before extraordinary items
  • $0Extraordinary gains - net
  • $22,702Net income attributable to bank
  • $0Net charge-offs
  • $22,702Cash dividends
  • $22,966Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.62%Yield on earning assets
  • 0.93%Cost of funding earning assets
  • 3.69%Net interest margin
  • 1.46%Noninterest income to earning assets
  • 3.48%Noninterest expense to earning assets
  • 0.47%Net operating income to assets
  • 0.55%Return on assets (ROA)
  • 0.83%Pretax return on assets
  • 5.38%Return on equity (ROE)
  • 5.38%Retained earnings to average equity (YTD only)
  • 0.86%Net charge-offs to loans
  • 121.90%Credit loss provision to net charge-offs
  • 2.50%Efficiency ratio
  • 66,748Assets per employee
  • 5.63%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.92%Loss allowance to noncurrent loans
  • 73.66%Noncurrent assets plus other real estate owned to assets
  • 1.96%Noncurrent loans to loans
  • 2.61%Net loans and leases to deposits
  • 86.10%Net loans and leases to core deposits
  • 100.33%Equity capital to assets
  • 10.19%Core capital (leverage) ratio
  • 9.29%Tier 1 risk-based capital ratio
  • 12.18%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $4,104,353Average earning assets
  • $422,276Average equity
  • $3,434,802Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $10,624,065Managed Assets
  • 1Number of Accounts
  • $440,161Personal trust and agency accounts
  • $354,282Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $7,898Corporate trust and agency accounts
  • $30,072Investment management agency accounts
  • $37,249Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $10,660Non-managed Assets
  • 1788Number of Accounts
  • $0Personal trust and agency accounts
  • $7,898Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $10,183,904Other retirement accounts
  • $9,943,330Corporate trust and agency accounts
  • $21Other fiduciary accounts
  • $3,668Fiduciary accounts held in foreign offices

List of branches

  • 36 Delaware Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011782Wilmington Savings Fund Society, Fsb500 Delaware Avenue, Wilmington, DE 19801Febuary 18, 1832Full Service Brick and Mortar
    3242912Union Street Branch211 North Union Street, Wilmington, DE 19805Febuary 18, 1832Full Service Brick and Mortar
    4242913Fairfax Branch2005 Concord Pike, Wilmington, DE 19803August 19, 1957Full Service Brick and Mortar
    5242914Prices Corner Branch3202 Kirkwood Highway, Wilmington, DE 19808October 22, 1962Full Service Brick and Mortar
    6242915Trolley Square Branch1711 Delaware Avenue, Wilmington, DE 19806October 02, 1967Full Service Brick and Mortar
    13242922University Plaza Branch100 University Plaza, Newark, DE 19702July 09, 1973Full Service Brick and Mortar
    16242925Pike Creek Center Branch4730 Limestone Road, Wilmington, DE 19808September 11, 1974Full Service Brick and Mortar
    17242926Holly Oak Branch2105 Philadelphia Pike, Claymont, DE 19703November 01, 1974Full Service Brick and Mortar
    19242928Branmar Plaza Branch1712 Foulk Road, Wilmington, DE 19803August 21, 1978Full Service Brick and Mortar
    20242929College Square Branch115 College Square, Newark, DE 19711August 10, 1987Full Service Brick and Mortar
    23242932Airport Plaza Branch144 North Dupont Highway, New Castle, DE 19720May 30, 1989Full Service Brick and Mortar
    24242933Middletown Branch400 East Main Street, Middletown, DE 19709June 10, 1995Full Service Brick and Mortar
    27242934Dover Mart Branch290 South Dupont Highway, Dover, DE 19901December 15, 1995Full Service Retail
    28242935Stanton Branch1600 West Newport Pike, Wilmington, DE 19804November 01, 1996Full Service Retail
    29242936Glasgow Branch2400 Peoples Plaza, Newark, DE 19702November 11, 1996Full Service Retail
    34340786Brandywine Branch2522 Foulk Road, Wilmington, DE 19810June 09, 1999Full Service Retail
    38359055Hockessin Branch7450 Lancaster Pike, Hockessin, DE 19707June 16, 2000Full Service Brick and Mortar
    45362287Delaware City Bank Branch145 Clinton Street, Delaware City, DE 19706January 01, 1888Full Service Brick and Mortar
    46240730Concord Square Branch4401 Concord Pike, Wilmington, DE 19803July 26, 1962Full Service Brick and Mortar
    47246329Crossroads Shopping Center Branch2080 New Castle Avenue, New Castle, DE 19720March 17, 1965Full Service Brick and Mortar
    53495415Fox Run Branch210 Fox Hunt Drive, Bear, DE 19701November 15, 2003Full Service Brick and Mortar
    54495417Rehoboth Beach Branch19335 Coastal Highway, Rehoboth Beach, DE 19971July 15, 2003Full Service Brick and Mortar
    55495419Camden Branch4566 South Dupont Highway, Camden, DE 19934November 15, 2004Full Service Brick and Mortar
    56495420West Dover Branch1486 Forrest Avenue, Dover, DE 19904Febuary 15, 2006Full Service Brick and Mortar
    57495425Long Neck Branch25926 Plaza Drive, Millsboro, DE 19966September 14, 2006Full Service Brick and Mortar
    58495428Smyrna Branch400 Jimmy Drive, Smyrna, DE 19977October 18, 2006Full Service Brick and Mortar
    59495430Greenville Branch3908 Kennett Pike, Wilmington, DE 19807April 23, 2007Full Service Brick and Mortar
    60495431Lewes Branch34383 Carpenters Way, Lewes, DE 19958May 21, 2007Full Service Brick and Mortar
    61495433Millsboro Branch26644 Center View Drive, Millsboro, DE 19966May 18, 2009Full Service Brick and Mortar
    62495434Ocean View Branch69 Atlantic Avenue, Ocean View, DE 19970June 08, 2009Full Service Brick and Mortar
    63495436Selbyville Branch38394 Dupont Boulevard, Selbyville, DE 19975July 14, 2008Full Service Brick and Mortar
    6548183Greenville Wealth Mangement Center3801 Kennett Pike, Suite C-200, Greenville, DE 19807Febuary 14, 1994Limited Service Trust
    69522070Cash Connect Branch500 Creek View Road Suite 100, Newark, DE 19711June 21, 2011Limited Service Administrative
    72522073Seaford Branch22820 Sussex Highway Sussex Common Shopping Center Unit 19, Seaford, DE 19973May 26, 2011Full Service Brick and Mortar
    73522074Milford Branch688 North Dupont Boulevard, Milford, DE 19963April 14, 2011Full Service Brick and Mortar
    75522194Cash Connect Branch500 Creek View Road Suite 100, Newark, DE 19711June 21, 2011Limited Service Administrative
  • 1 Nevada Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    68465245Las Vegas Wealth Management Office101 Convention Center Drive, Suite P109, Las Vegas, NV 89109September 01, 2005Limited Service Trust
  • 6 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    30242937Glen Mills Branch395 Wilmington-West Chester Pike, Glen Mills, PA 19342March 18, 1998Full Service Brick and Mortar
    43432686Longwood Branch826 East Baltimore Pike Suite # 7, Kennett Square, PA 19348November 15, 2000Full Service Brick and Mortar
    64495438Oxford Branch59 South Third Street, Suite 1, Oxford, PA 19363August 01, 2008Full Service Brick and Mortar
    70522071Media Branch100 East State Street, Media, PA 19063June 24, 2011Full Service Brick and Mortar
    71522072Edgmont Branch5000 West Chester Pike, Newtown Square, PA 19073June 17, 2011Full Service Brick and Mortar
    74522075West Chester Branch400 East Market Street, West Chester, PA 19382November 19, 2010Full Service Brick and Mortar

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