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Applied Bank
Applied Bank
| RSSD ID 2467670 | CERTIFICATE 34193 | ABA NUMBER 31100966 |
| 2200 Concord Pike |
Quarter Ended : |
2025-09-30 |
| Wilmington, Delaware, 19803 |
Updated : |
2025-10-30 |
| www.appliedbank.com |
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| Institution Profile |
| Year Opened : |
1996 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Other Specialized Under 1 Billion |
| Number of Offices : |
2 |
Number of Employees : |
24 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 266,833 |
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Total Interest Income | 9,760 |
| Total Liabilities | 218,838 |
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Total NonInterest Income | 1,828 |
| Total Bank Equity Capital | 47,995 |
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Total Interest Expense | 40 |
| Total Deposits | 217,843 |
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Total NonInterest Expense | 3,653 |
| Net Loans & Leases | 53,821 |
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Net Income | 7,538 |
| Loan Loss Allowance | 310 |
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Net Charge Offs | 3 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 48,330 |
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Total loans | 54,741 |
| Total assets for the leverage ratio | 264,210 |
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Loans secured by real estate: | 54,690 |
| Tier 1 Leverage Ratio | 18.17 |
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Commercial and industrial loans | 449 |
| Tier 1 Capital Ratio | 79.76 |
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Loans to individuals - Credit Cards | 13 |
| Total Capital Ratio | 80.31 |
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Loans to individuals - Other | 0 |
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