# FIRST BANK OF DELAWARE
WILMINGTON, DE · FDIC certificate 34929 · asset band <$300M · latest filing 2012-09 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 6 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $178.0M | |
| Deposits | $95.4M | |
| Loans and leases | $97.4M | |
| Total equity | $39.0M | |
| Loans / deposits | 99.84% (p95 of band) | 69.20% |
| Liquid assets / assets | 40.98% (p62 of band) | |
| Uninsured deposits / deposits | 12.16% (p69 of band) | 8.50% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 22.47% (p97 of band) | |
| FHLB advances / assets | 22.47% | |
| Tier 1 leverage | 19.56% (p95 of band) | 10.13% |
| Unrealized securities loss / equity | 0.76% (p22 of band) | 3.81% |
| AOCI / equity | -0.15% (p15 of band) | |
| ROA (annualized) | -4.06% (p1 of band) | 0.80% |
| Net interest margin | 2.57% (p6 of band) | 3.77% |
| Efficiency ratio | 293.25% (p100 of band) | |
| Noncurrent loans | 0.00% (p5 of band) | 1.27% |
| Net charge-offs (annualized) | 0.00% (p21 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 92% | |
| Construction % of loans | 48.38% (p80 of band) | |
| Auto loans | $38,000 (0.04% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -47.8% | |
| Employees | 24 | |

## Flags firing in the latest filing

- **wholesale funding >15%** (`liq_wholesale`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | charge-offs p90 |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 2 | wholesale funding >15% |  |
| 2012-03 | 6 | capital falling, losing money, expense ratio p90, NIM <2.5%, deposits shrinking | charge-offs p90 |
| 2012-06 | 6 | uninsured deposits leaving | capital falling |
| 2012-09 | 6 | assets shrinking | NIM <2.5% |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-07-23 [Case Summary: CashCall Chapter 11 - Bondoro](https://news.google.com/rss/articles/CBMiQ0FVX3lxTE5TalNEM3A0c0hVeUMxTjlIVTlhYlR0SEI0YkkxelF4ekVGMUNQcC1CSHZxWHBacHJIeHh0MGJVVTZZVnc?oc=5) · Bondoro
- 2021-06-24 [Walande Brice - Spicer-Mullikin Funeral Homes & Crematory](https://news.google.com/rss/articles/CBMiU0FVX3lxTE4ySHpycURYampTYlBOaXZvMzVOQUpIRXowcjd5Q2lNSWhyU3hRWTdmREFWQXpHWHdlN0FnQWR4akc2QWhka1RJbmdlOU9FX1RSeUEw?oc=5) · Spicer-Mullikin Funeral Homes &amp; Crematory
- 2017-08-17 [Heartland Data Breach Update: Thousands of Institutions Impacted - BankInfoSecurity](https://news.google.com/rss/articles/CBMiogFBVV95cUxNWVEyRWhPeVlpYXZaX19sN1VhVk5zZ1RJb2xUMlNFUmhWdnU2c1NxVXRJcVBxYTJXM0ptVjFreVRaQjJQNkdoQmFKWmQxU3ZNMU5ROGRsbVVreFdIeUhHMmEwSjdnaHVoaDd3ZmhWQmdDX1huU3UyeFlYakxsMW1DTEJEMmVsR3BLelpjd0xENjB1eFBqOXFFcFdtc1lqVE44YlE?oc=5) · BankInfoSecurity

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34929 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/49.json (key "34929", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide