Wilmington Trust, National Association in Baltimore, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 2011

  • Wilmington Trust, National Association in Baltimore, Maryland (MD)
  • Show street view No street view available for this location

Wilmington Trust, National Association - Overview

  • General
  • FDIC Certificate #: 33911
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Wilmington Trust, National Association (#34069)
    Federal Reserve ID: 2214052
    Date Established: June 10, 1994
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    OTS Docket #: 12090
    FDIC's unique #: 54767
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: June 10, 1994
    Last Structure Change Effective Date: July 01, 2011
    Last Structure Change Process Date: July 15, 2011
    Last Data Update: July 15, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 111 South Calvert Street, Suite 2620, Baltimore, MD 21202
    County: Baltimore City
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Baltimore
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Baltimore, MD (#720)
    Consolidated Metropolitan Statistical Area (CMSA): Washington-Baltimore, DC-MD-VA-WV (#97)
    Combined Statistical Area (CSA): Washington-Baltimore-Northern Virginia, DC-MD-VA-WV (#548)
    Core Based Statistical Area (CBSA): Baltimore-Towson, MD (#12580)
    CBSA Metro Statistical Area: Baltimore-Towson, MD (#12580)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $494.9 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, 2010)

  • Dollar figures in thousands
  • 522Total employees (full-time equivalent)
  • $1,980,893Total assets
  • $620,166Cash and due from depository institutions
  • $259,163Interest-bearing balances
  • $69,176Securities
  • $140,000Federal funds sold & reverse repurchase agreements
  • $960,582Net loans & leases
  • $53,274Loan loss allowance
  • $0Trading account assets
  • $16,297Bank premises and fixed assets
  • $3,766Other real estate owned
  • $106,632Goodwill and other intangibles
  • $0Life insurance assets
  • $64,274All other assets
  • $1,980,893Total liabilities and capital
  • $1,722,776Total liabilities
  • $1,584,360Total deposits
  • $1,041,528Interest-bearing deposits
  • $1,584,360Deposits held in domestic offices
  • 69.66%% insured (estimated)
  • $15,007Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $123,409All other liabilities
  • $258,117Total equity capital
  • $258,117Total bank equity capital
  • $258,117Perpetual preferred stock
  • $0Common stock
  • $3,000Surplus
  • $296,463Undivided profits
  • Memoranda
  • $-41,346Noncurrent loans and leases
  • $339,647Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $81,949Earning assets
  • $193Long-term assets (5+ years)
  • $2,942Average Assets, year-to-date
  • $1,428,921Average Assets, quarterly
  • $0Volatile liabilities
  • $1,995,166Insider loans
  • $1,882,120FHLB advances
  • $29,289Loans and leases held for sale
  • $555Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $339,647Total unused commitments
  • $1,920Restructured Loans and leases
  • $14,606Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $49,939Total interest income
  • $13,725Total interest expense
  • $36,214Net interest income
  • $54,865Provision for loan and lease losses
  • $188,026Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $188,026Additional noninterest income
  • $201,760Total noninterest expense
  • $81,483Salaries and employee benefits
  • $18,283Premises and equipment expense
  • $101,994Additional noninterest expense
  • -$32,385Pre-tax net operating income
  • -$36Securities gains (losses)
  • -$94Applicable income taxes
  • -$32,327Income before extraordinary items
  • $0Extraordinary gains - net
  • -$32,327Net income attributable to bank
  • $0Net charge-offs
  • -$32,327Cash dividends
  • $27,164Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.23%Yield on earning assets
  • 0.89%Cost of funding earning assets
  • 2.34%Net interest margin
  • 12.15%Noninterest income to earning assets
  • 13.03%Noninterest expense to earning assets
  • -1.62%Net operating income to assets
  • -1.62%Return on assets (ROA)
  • -1.62%Pretax return on assets
  • -12.52%Return on equity (ROE)
  • -12.52%Retained earnings to average equity (YTD only)
  • 2.46%Net charge-offs to loans
  • 201.98%Credit loss provision to net charge-offs
  • 0.83%Efficiency ratio
  • 86,494Assets per employee
  • 3.79%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 5.25%Loss allowance to noncurrent loans
  • 65.01%Noncurrent assets plus other real estate owned to assets
  • 4.33%Noncurrent loans to loans
  • 8.08%Net loans and leases to deposits
  • 60.63%Net loans and leases to core deposits
  • 61.18%Equity capital to assets
  • 13.03%Core capital (leverage) ratio
  • 7.32%Tier 1 risk-based capital ratio
  • 12.04%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $1,995,166Average earning assets
  • $258,270Average equity
  • $1,548,007Average loans

Total Fiduciary and Related Assets (December 31, 2010)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $34,795,140Managed Assets
  • 1Number of Accounts
  • $10,247,575Personal trust and agency accounts
  • $3,116,447Employee benefit-defined contribution accounts
  • $10,393Employee benefit-defined benefit accounts
  • $150,792Other retirement accounts
  • $364,677Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $6,066,673Other fiduciary accounts
  • $538,593Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 17608Number of Accounts
  • $0Personal trust and agency accounts
  • $364,677Employee benefit-defined contribution accounts
  • $482,366Employee benefit-defined benefit accounts
  • $24,547,565Other retirement accounts
  • $1,155,961Corporate trust and agency accounts
  • $16,915,358Other fiduciary accounts
  • $1,239,205Fiduciary accounts held in foreign offices

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 Wilmington Trust, National Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents