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 79.6 and a capital leverage ratio of 18.4. 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).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.9 on a scale of 0 to 10). Operating profits as a percentage of assets at 4.1%, coupled with a return on assets of 3.9 has resulted in Excellent (8.6) profitability.
Asset Mix:
Cash (78%), comm re (14%), home mtgs (2%), other (6%)
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.
