Delaware National Bank

Headquarters

21035 Dupont Blvd
Georgetown, DE 19947
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.91% →
1-Year CD N.A. 0.85% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Delaware National Bank is an FDIC insured institution located in Georgetown, DE. It was founded in 1979 and has approximately $0.47 billion in assets.

FDIC Insured Yes
FDIC Certificate # 22837
Date Established 1979
Assets $ 471.98 million
Loans $ 335.45 million
Deposits $ 361.14 million
Capital $ 46.05 million
 

For a more detailed analysis of Delaware National Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - November 29, 2020

Your Current Location: Washington, WA 98101

 

Loan Rates - November 29, 2020

Your Current Location: Washington, WA 98101

There are currently no loan rates available for Delaware National Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Washington 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
2.557% 2.500% 0.75 $1,880 $988 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

Note to Delaware National Bank
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Branches

Delaware National Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Seattle,Washington


Delaware National Bank Locations


Financial Details

Delaware National Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Delaware National Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Delaware National Bank U.S. Bank Average
31.86% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Delaware National Bank had $16,198,000 in non-current loans and $610,000 in owned real estate. To cover these potential losses it had $46,046,000 in equity and $6,713,000 in loans loss reserves. That gives it a Texas Ratio of 31.86%.

Return on Equity
Delaware National Bank U.S. Bank Average
9.9% 7.80%

Delaware National Bank has a Return on Equity of 9.9% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Delaware National Bank U.S. Bank Average
9.76% 12.68%

Delaware National Bank has a Capitalization of 9.76% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Delaware National Bank Balance Sheet Analysis

As of November 30, -0001, Delaware National Bank had assets of $471,982,000, loans of $335,449,000, and deposits of $361,139,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 335.45 million
Loan loss allowance $ 6.71 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.61 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 361.14 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 471.98 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Delaware National Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Delaware National Bank’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Delaware National Bank

Branches and Savings

Is Delaware National Bank FDIC insured?

Yes. It is covered under FDIC Certificate #22837.

Why does Delaware National Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Delaware National Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Delaware National Bank a commercial bank?

Yes

Where are Delaware National Bank locations?

See branch locations nearby.

Is Delaware National Bank open on Saturdays?

Is Delaware National Bank open on Sundays?

What time does Delaware National Bank open?

What time does Delaware National Bank close?

Are Delaware National Bank ATMs Open 24/7?

Do Delaware National Bank ATMs accept cash deposits?

Can Delaware National Bank customers use other ATMs?

Do Delaware National Bank branches have notaries?

Will Delaware National Bank notarize my document?

What address for Delaware National Bank should I put for incoming ACH transfers?

Will the Delaware National Bank branch print checks?

Do Delaware National Bank checks expire?

Does Delaware National Bank require US citizenship to open account?

Can Delaware National Bank close my account?

Does Delaware National Bank Report to credit bureaus?

Does Delaware National Bank Use Equifax?

What is Delaware National Bank's ACH Routing Number?

What is Delaware National Bank's SWIFT code?

Products

Does Delaware National Bank offer mortgages?

Compare mortgage rates here.

Does Delaware National Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Delaware National Bank offer personal loans?

Compare personal loan rates here.

Does Delaware National Bank offer student loans?

Will Delaware National Bank cash a check?

Will Delaware National Bank redeem a savings bond?

Does Delaware National Bank cash savings bonds?

Will Delaware National Bank cash money orders?

Can Delaware National Bank issue a money order?

Does Delaware National Bank do currency exchange?

Background on The Bank

Who owns Delaware National Bank?

How long has Delaware National Bank been around?

Can Delaware National Bank transfer to other banks?

Does Delaware National Bank have quick pay?

Does Delaware National Bank accept rolled coins?

Will Delaware National Bank accept loose change?

Where is Delaware National Bank headquarters?

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