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Overview / Commentary
409 Silverside Road
Wilmington, DE 19809

The Bancorp Bank is headquartered in Wilmington and is the 9th largest bank in the state of Delaware. It is also the 190th largest bank in the nation. It was established in 2000 and as of March of 2014, it had grown to 584 employees at 1 location. The Bancorp Bank has a C+ health rating.

Reviews (4)

Bancorp Bank Tries To Make You Pay For Their Mistakes.

After attempting to cash out my IRA, I was wrongly mislead over a dozen times, received someone else's information via email and lied to several more times.  When I wanted them to fix their mistake - they wanted me to pay for it.  

How do I know they haven't sent my information to other people?  How do I know they actually keep my confidential information private?  In two words:  they don't.

Bancorp Bank

I had a $1000.00 loan returned to the loan company because Bancorp is not a "traditional" bank.  Now I have to open a checking account with a "traditional" bank and wait 30 days to receive the loan. 

Frustrated With Bancorp!

I have a checking account through Bancorp that was given to me from the university I was attending. I had it for about a year without any problems (mainly because I didn't use it). I decided to make the account one of my primary checking accounts and that has turned out to be a big mistake. The bank goes offline and I have no access to my funds. I tried both debit and credit transactions and both were declined. It is becoming a frequent problem and I never know when it will happen. I was at 7/11 the second time it happened and had to put my items back (and yes, I had plenty of funds). As of now, my account is not being recognized via pc or their automated system. I am so frustrated. I am going to report this and promptly switch banks. This bank proves to be unpredictable!



Looks Like A Fraud, Acts Like A Fraud, Most Likely IS A Fraud.

A couple of days ago I made the mistake of purchasing a prepaid Visa card from this bank to make an online purchase. One account said the bank responded saying the funds were "reserved." Another account said they refused them payment as well. I went to their web site and called their number and a recording said this number was not available in my area. I Emailed this morning and have no response. My next call will be to the main office of Rite Aid which is where I bought this useless piece of plastic. It is a damn shame when you make a purchase from a legitimate business and find the product is bogus!!!


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 The Bancorp Bank had $71.31 million in non-current loans and owned real-estate with $362.45 million in equity and loan loss allowances on hand to cover it. This gives The Bancorp Bank a Texas Ratio of 19.67% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for The Bancorp Bank increased slightly from 12.23% as of March 31, 2013 to 19.67% as of March 31, 2014, resulting in a negative change of 60.85%. This indicates that the balance sheet and financial strength for The Bancorp Bank has declined slightly in recent periods.

Deposit Growth


In the past year, The Bancorp Bank has increased its total deposits by $512.54 million, resulting in 13.54% 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 The Bancorp Bank has shown is excellent.



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. The Bancorp Bank has $4.67 billion in assets with $362.45 million in equity, resulting in a capitalization level of 7.75%, which is below average.

Institution Statistics

FDIC Certificate #35444
Year Established2000
Primary RegulatorFDIC
Assets and Liabilities
Assets$4.67 billion
Loans$2.22 billion
Deposits$4.30 billion
Equity Capital$316.05 million
Loan Loss Allowance$46.41 million
Unbacked Noncurrent Loans$43.55 million
Real Estate Owned$27.76 million
Historic Data - March 2013
Assets$4.12 billion
Equity Capital$280.33 million
Loan Loss Allowance$34.88 million
Unbacked Noncurrent Loans$43.55 million
Real Estate Owned$4.54 million
Profit Margin - Quarterly
Net Interest Margin2.46%
Return on Assets0.01%
Return on Equity0.16%
Interest Income$29.47 million

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The Bancorp Bank Locations
The Bancorp Bank409 Silverside RoadWilmington, DE 19809