Bank of Wolcott in city_name, state_name - Detailed Financial Reports, Location

Bank of Wolcott in Wolcott, Indiana (IN)
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Bank of Wolcott routing number info

Bank of Wolcott - Overview

General
FDIC Certificate #: 16201
Status: Active
Federal Reserve ID: 729842
Bank Holding Company (Regulatory Top Holder): Wolcott Bancorp (RSSDID: 1210208, Location: Wolcott, IN)
Date Established: October 16, 1944
WWW: http://www.bankofwolcott.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 10402
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: October 16, 1944
Last Structure Change Effective Date: November 30, 2011
Last Structure Change Process Date: January 04, 2012
Last Data Update: January 04, 2012
Data Source Date: April 05, 2012
Location
Address: 105 North Range Street, Wolcott, IN 47995
County: White
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Indianapolis
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
History of Changes
Participated in Absorption/Consolidation/Merger
Financial Summary
Total assets: $118.4 mil
Equity capital: $11.0 mil
Deposits held in domestic offices: $99.4 mil
Return on assets (ROA): 1.48% ($1.7 mil)
Quarterly return on assets: 0.46% ($0.5 mil)
Return on Equity (ROE): 15.26% ($1.7 mil)
Quarterly return on equity: 4.67% ($0.5 mil)
Net income: $1.6 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 1.49% ($1,763.6 mil)
Quarterly Pretax return on assets: 0.46% ($544.5 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

Dollar figures in thousands
28Total employees (full-time equivalent)
$118,361Total assets
$15,920Cash and due from depository institutions
$4,321Interest-bearing balances
$18,424Securities
$0Federal funds sold & reverse repurchase agreements
$78,960Net loans & leases
$1,210Loan loss allowance
$0Trading account assets
$1,840Bank premises and fixed assets
$70Other real estate owned
$0Goodwill and other intangibles
$118,361Life insurance assets
$3,147All other assets
$107,335Total liabilities and capital
$99,384Total liabilities
$81,152Total deposits
$99,384Interest-bearing deposits
$90Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$7,390Trading liabilities
$0Other borrowed funds
$561Subordinated debt
$11,026All other liabilities
$11,026Total equity capital
$11,026Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$3,300Surplus
$7,626Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$930Income earned, not collected on loans
$0Earning assets
$1,044Long-term assets (5+ years)
$101,705Average Assets, year-to-date
$42,368Average Assets, quarterly
$108,680Volatile liabilities
$113,204Insider loans
$76,317FHLB advances
$113,079Loans and leases held for sale
$1,430Unused loan commitments
$1,430Tier 1 (core) risk-based capital
$10,330Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$12,610Restructured Loans and leases
$1,467Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$5,384Total interest income
$977Total interest expense
$4,407Net interest income
$620Provision for loan and lease losses
$703Total noninterest income
$22Fiduciary activities
$230Service charges on deposit accounts
$0Trading account gains & fees
$451Additional noninterest income
$2,874Total noninterest expense
$1,373Salaries and employee benefits
$344Premises and equipment expense
$1,157Additional noninterest expense
$1,616Pre-tax net operating income
$3Securities gains (losses)
$14Applicable income taxes
$1,605Income before extraordinary items
$0Extraordinary gains - net
$1,605Net income attributable to bank
$0Net charge-offs
$1,605Cash dividends
$356Sale, conversion, retirement of capital stock, net
$558Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.47%Yield on earning assets
0.99%Cost of funding earning assets
4.48%Net interest margin
0.71%Noninterest income to earning assets
2.92%Noninterest expense to earning assets
1.47%Net operating income to assets
1.48%Return on assets (ROA)
1.49%Pretax return on assets
15.26%Return on equity (ROE)
9.95%Retained earnings to average equity (YTD only)
0.45%Net charge-offs to loans
174.16%Credit loss provision to net charge-offs
6.28%Efficiency ratio
56,243Assets per employee
4.23%Cash dividends to net income (YTD only)
Condition Ratios (%)
34.77%Loss allowance to loans
1.51%Loss allowance to noncurrent loans
130.11%Noncurrent assets plus other real estate owned to assets
0.84%Noncurrent loans to loans
1.16%Net loans and leases to deposits
79.45%Net loans and leases to core deposits
84.84%Equity capital to assets
9.32%Core capital (leverage) ratio
9.14%Tier 1 risk-based capital ratio
13.54%Total risk-based capital ratio
Memoranda
$15Average assets
$108,680Average earning assets
$10,521Average equity
$98,469Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$3,950Managed Assets
1Number of Accounts
$1,646Personal trust and agency accounts
$1,646Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
12Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$2,304Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

3 Indiana Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	10402	Bank Of Wolcott	105 North Range Street, Wolcott, IN 47995	October 16, 1944	Full Service Brick and Mortar
1	237596	Monticello Branch	116 North Sixth Street, Monticello, IN 47960	September 01, 1998	Full Service Brick and Mortar
2	521852	Remington Branch	506 N Maine St, Remington, IN 47977	November 01, 2010	Full Service Brick and Mortar

Bank of Wolcott in Wolcott, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Wolcott - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Bank of Wolcott in Wolcott, Indiana (IN)Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Wolcott - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Bank of Wolcott in Wolcott, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches