The Felton Bank
Felton, DE — Domestic Branch of a Domestic Bank
Acquired Jan 2011
Vitals
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Total Assets81.5M -13.7 %
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Total Deposits71.8M -12.0 %
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Total Net Loans60.9M -19.1 %
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Net Income-2624000.0000
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Book Value8.9M -22.7 %
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Book Value x217.8M -22.7 %
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Book Value x326.8M -22.7 %
Balance Sheet Highlights
| Financial Highlights | The Felton Bank | All Insured Commercial Banks in Delaware |
| Balance Sheet $(000) | ||
| Total Assets | 81,465 | 28,701,364 |
| Total Net Loans | 60,935 | 14,626,238 |
| Total Deposits | 71,819 | 22,138,697 |
| Total Equity | 8,925 | 4,030,266 |
| Profitability | ||
| Net Income | -2,624 | 204,318 |
| Return on Average Assets | -3.029 | .526 |
| Return on Average Equity | -25.527 | 2.136 |
| Net Interest Margin | 3.743 | 3.258 |
| Efficiency Ratio | 164.592 | 70.217 |
| Noninterest Income/Revenue | -.218 | 27.785 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 84.845 | 1444.167 |
| Securities/Assets | .028 | .309 |
| Total Equity/Total Assets | .11 | .14 |
| Tangible Equity/Tangible Assets | .094 | .073 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 7,683 | 2,482,286 |
| Tier 2 Capital | 776 | 556,212 |
| Total Capital | 8,459 | 3,038,497 |
| Total Risk Weighted Assets | 61,086 | 19,750,279 |
| Leverage Ratio | 9.41 | 20.462 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 12.58 | 1127.479 |
| Total Capital Ratio | 13.85 | 1128.625 |
Timeline for The Felton Bank
Shore United Bank
The Felton Bank was acquired by Shore United Bank 13 years
View Profile Jan 01 2011
Shore Bancshares, Inc.
Shore Bancshares, Inc. became a new parent organization for The Felton Bank.
View Profile Apr 01 2004
Midstate Bancorp, Inc.
Midstate Bancorp, Inc. became a new parent organization for The Felton Bank.
View Profile Oct 21 1996
The Felton Bank
The Felton Bank was established 106 years ago and is currently headquartered in Felton, DE.
Jul 09 1917| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Shore United Bank | Buyer | 1,129,999 | Pooling of Interests | Discontinued | 1/1/2011 |
| Relationships | Role | Relationship Start | Relationship End |
| Shore Bancshares, Inc. | Parent | 4/1/2004 | 12/31/2010 |
| Midstate Bancorp, Inc. | Parent | 10/21/1996 | 3/31/2004 |
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