Applied Bank
Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 73.5 and a capital leverage ratio of 16.0. Operating profits as a percentage of assets at 3.7%, coupled with a return on assets of 3.6 has resulted in Excellent (10.0) profitability.
Other Rating Factors:
A current level of 0.0 percent of nonperforming loans to core capital combined with 0.0 percent from a year earlier contributes to the Excellent asset quality (9.9). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (9.0 on a scale of 0 to 10).
Asset Mix:
Cash (79%), comm re (14%), home mtgs (1%), home eq lns (1%), comm loans (0%), other (4%)
States with Branches:
DE
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Investment Rating
--
Address
2200 Concord Pike
Wilmington, DE 19803
Wilmington, DE 19803
Phone Number
(888) 839-7952
Year Founded
1996
FDIC Number
Website
Largest Affiliates
No affiliate information available.