Applied Bank

601 Delaware Avenue
Wilmington, DE 19801
888-839-7952
www.appliedbank.com

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Applied Bank is headquartered in Wilmington and is the 25^th largest bank in the state of Delaware. It is also the 2,869^th largest bank in the nation. It was established in 1996 and as of December of 2011, it had grown to 38 employees at 3 locations. Applied Bank has a 5-star health rating.

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See Rates for: Checking | Savings | Money Market | CD

Applied Bank Checking Account Rates

	Apy	Min	Max	Product
	0.10%	$1k	-	NOW Accounts

Applied Bank Savings Account Rates

Apy	Min	Max	Product
0.10%	$100	-	Savings Account
0.10%	-	-	Applied Bank Club
0.10%	-	-	Applied Bonus Young Savers

Applied Bank Money Market Rates

	Apy	Min	Max	Product
	0.15%	$25k	-	Money Market Account

Applied Bank CD Rates

Apy	Min	Max	Product
0.15%	$2,500	-	6 Month CD
0.15%	$2,500	-	9 Month CD
0.15%	$2,500	-	12 Month CD
0.15%	$2,500	-	18 Month CD
0.15%	$2,500	-	24 Month CD
0.15%	$2,500	-	30 Month CD
0.15%	$2,500	-	36 Month CD
0.15%	$2,500	-	48 Month CD
0.15%	$2,500	-	60 Month CD
0.15%	$95k	-	6 Month Jumbo CD
0.15%	$95k	-	9 Month Jumbo CD
0.15%	$95k	-	12 Month Jumbo CD
0.15%	$95k	-	18 Month Jumbo CD
0.15%	$95k	-	24 Month Jumbo CD
0.15%	$95k	-	30 Month Jumbo CD
0.15%	$95k	-	36 Month Jumbo CD
0.15%	$95k	-	48 Month Jumbo CD
0.15%	$95k	-	60 Month Jumbo CD
0.05%	$2,500	-	60 Day CD
0.05%	$2,500	-	90 Day CD
0.05%	$95k	-	60 Day Jumbo CD
0.05%	$95k	-	90 Day Jumbo CD

Rates updated: 5/22/2012

Data for Q4 2011

Institution Statistics

Applied Bank
FDIC Certificate #	34193
BankRate Report	View
Year Established	1996
Employees	38
Primary Regulator	FDIC
Assets and Liabilities
Assets	$220.47 million
Loans	$67.10 million
Deposits	$163.85 million
Equity Capital	$56.32 million
Loan Loss Allowance	$917,000
Unbacked Noncurrent Loans	$7,000
Historic Data - December 2010
Assets	$241.03 million
Equity Capital	$51.88 million
Loan Loss Allowance	$769,000
Unbacked Noncurrent Loans	$14,000
Profit Margin - Quarterly
Net Interest Margin	3.1%
Return on Assets	2.31%
Return on Equity	8.49%
Interest Income	$6.27 million

Institution Health

Overall Score:

5 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Applied Bank had $7,000 in non-current loans and owned real-estate with $57.24 million in equity and loan loss allowances on hand to cover it. This gives Applied Bank a Texas Ratio of 0.01% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Applied Bank decreased significantly from 0.03% as of December 31, 2010 to 0.01% as of December 31, 2011, resulting in a positive change of 54.01%.This indicates that the balance sheet and financial strength for Applied Bank has improved significantly in recent periods.
Deposit Growth
In the past year, Applied Bank has decreased its total deposits by -$24.68 million, resulting in -13.09% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Applied Bank has shown is poor.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Applied Bank has $220.47 million in assets with $57.24 million in equity, resulting in a capitalization level of 25.96%, which is excellent.

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