World Financial Network National Bank

World Financial Network National Bank is headquartered in Wilmington and is the 9^th largest bank in the state of Delaware. It is also the 171^st largest bank in the nation. It was established in 1989 and as of March of 2012, it had grown to 98 employees at 1 location. World Financial Network National Bank has a 5-star health rating.

Data for Q1 2012

Institution Statistics World Financial Network Bank FDIC Certificate # 27499 BankRate Report View Year Established 1989 Employees 98 Primary Regulator FDIC Assets and Liabilities Assets $4.83 billion Loans $4.33 billion Deposits $941.85 million Equity Capital $837.93 million Loan Loss Allowance $393.74 million Unbacked Noncurrent Loans $119.20 million Historic Data - March 2011 Assets $4.77 billion Equity Capital $720.01 million Loan Loss Allowance $424.68 million Unbacked Noncurrent Loans $141.02 million Profit Margin - Quarterly Net Interest Margin 27.37% Return on Assets 8.32% Return on Equity 50.95% Interest Income $336.62 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 March 31, 2012 World Financial Network National Bank had $119.2 million in non-current loans and owned real-estate with $1.23 billion in equity and loan loss allowances on hand to cover it. This gives World Financial Network National Bank a Texas Ratio of 9.68% 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 World Financial Network National Bank decreased slightly from 12.32% as of March 31, 2011 to 9.68% as of March 31, 2012, resulting in a positive change of 21.44%.This indicates that the balance sheet and financial strength for World Financial Network National Bank has improved slightly in recent periods. Deposit Growth In the past year, World Financial Network National Bank has increased its total deposits by $350.49 million, resulting in 59.27% 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 World Financial Network National Bank has shown is excellent. 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. World Financial Network National Bank has $4.83 billion in assets with $1.23 billion in equity, resulting in a capitalization level of 25.51%, which is excellent.

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