Applied Bank

Wilmington, DE
IDRSSD: 2467670
Total Assets
$266.83M
Latest filing
Total Deposits
$217.84M
Latest filing
Net Interest Margin
4.77%
Profitability

Locations

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Main Office
Applied Bank
2200 Concord Pike
Wilmington, DE 19803
Full Service - Brick and Mortar
Updated 11/14/2025Established 07/01/1996FDIC Certificate 56851

Branches (1)

Page 1 of 1
NameAddressCity / State
Applied Bank (Main)2200 Concord PikeWilmington, DE
REHOBOTH BEACH37012 Country Club RdRehoboth Beach, DE
Showing 1 of 1

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date07/01/1996
Community BankYes
Ownership TypeNot Mutual
ZIP19803
State and County Number10003
Subchapter S CorporationsYes
Trust PowersN/A
Federal Reserve ID Number03
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictNew York
Core Based Statistical Area NamePhiladelphia-Camden-Wilmington, PA-NJ-DE-MD

Operational Info

Number of Employees25
Domestic Offices2
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance07/01/1996
Primary Insurance AgencyDIF
Websitewww.appliedbank.com
Data Updated11/14/2025
CERT34193
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$266.83M
Total Deposits$217.84M
Total Liabilities$218.84M
Total Equity Capital$47.99M
Net Income$2.39M
Net Loans and Leases$53.82M
Assets Per Employee ($Millions)$11.12M
Bank Premises and Fixed Assets$73.00k
Cash and Balances due from Depository Institutions$212.15M
Deposits Held in Domestic Offices$217.84M

Key Performance Ratios

Return on Assets (ROA)3.53%
Return on Equity (ROE)20.42%
Net Interest Margin4.77%
Efficiency Ratio34.13%
Tier 1 Risk-Based Capital Ratio79.756%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets-0.02%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets17.987%
Earning Assets to total Assets99.21%

Income and Expense

Total Interest Income$3.22M
Total Noninterest Income$592.00k
Total Interest Expense$14.00k
Total Noninterest Expense$1.29M
Net Interest Income$3.20M
Pre-tax Net Operating Income$2.51M
Provision for Credit Losses$-12,000
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$13.00k
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$982.00k
Total Liabilities and Capital$266.83M

Securities

Securities$0
Available-for-sale debt securities$0
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Applied Bank?
$266.83M as of the latest filing.
How much are Applied Bank's total deposits?
$217.84M in total deposits.
Where is Applied Bank located?
Wilmington, DE.
What is the Net Interest Margin?
4.77%.
How many domestic offices does it operate?
2.
When was it established?
07/01/1996.
What is the Return on Assets (ROA)?
3.53%.
How much are total loans and leases?
$53.82M (latest filing).
What is the total interest income (latest filing)?
$3.22M.