FDIC Certificate #: 57366 Status: Active Federal Reserve ID: 3162767 Date Established: January 27, 2003 WWW:http://www.mwabank.com Trust Powers Granted: No Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 17935 FDIC's unique #: 362579 Numeric code: 33 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Mortgage Lending Specialization Date of Deposit Insurance: January 27, 2003 Last Structure Change Effective Date: July 21, 2011 Last Structure Change Process Date: July 21, 2011 Last Data Update: July 21, 2011 Data Source Date: April 05, 2012
Location
Address: 100 17th Street, Rock Island, IL 61201 County: Rock Island Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Princeton Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Metropolitan Statistical Area (MSA): Davenport-Moline-Rock Island, IA-IL (#1960) Core Based Statistical Area (CBSA): Davenport-Moline-Rock Island, IA-IL (#19340) CBSA Metro Statistical Area: Davenport-Moline-Rock Island, IA-IL (#19340)
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $247.1 mil Equity capital: $24.0 mil Deposits held in domestic offices: $196.6 mil Return on assets (ROA): 0.17% ($0.4 mil) Quarterly return on assets: 0.22% ($0.5 mil) Return on Equity (ROE): 1.81% ($0.4 mil) Quarterly return on equity: 2.26% ($0.5 mil) Net income: $0.4 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.19% ($469.5 mil) Quarterly Pretax return on assets: 0.25% ($617.7 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
32Total employees (full-time equivalent)
$247,090Total assets
$12,591Cash and due from depository institutions
$12,209Interest-bearing balances
$68,486Securities
$0Federal funds sold & reverse repurchase agreements
$158,372Net loans & leases
$1,696Loan loss allowance
$0Trading account assets
$590Bank premises and fixed assets
$300Other real estate owned
$216Goodwill and other intangibles
$247,090Life insurance assets
$6,535All other assets
$223,059Total liabilities and capital
$196,619Total liabilities
$190,610Total deposits
$196,619Interest-bearing deposits
$76Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$24,550Trading liabilities
$0Other borrowed funds
$1,890Subordinated debt
$24,031All other liabilities
$24,031Total equity capital
$24,031Total bank equity capital
$0Perpetual preferred stock
$1Common stock
$38,253Surplus
$-14,223Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,545Income earned, not collected on loans
$0Earning assets
$851Long-term assets (5+ years)
$239,067Average Assets, year-to-date
$0Average Assets, quarterly
$247,092Volatile liabilities
$248,842Insider loans
$120,817FHLB advances
$244,638Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$22,413Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$14,625Restructured Loans and leases
$3,396Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$10,946Total interest income
$2,669Total interest expense
$8,277Net interest income
$2,489Provision for loan and lease losses
$893Total noninterest income
$0Fiduciary activities
$71Service charges on deposit accounts
$0Trading account gains & fees
$822Additional noninterest income
$6,214Total noninterest expense
$2,554Salaries and employee benefits
$1,196Premises and equipment expense
$2,464Additional noninterest expense
$467Pre-tax net operating income
$0Securities gains (losses)
$45Applicable income taxes
$422Income before extraordinary items
$0Extraordinary gains - net
$422Net income attributable to bank
$0Net charge-offs
$422Cash dividends
$1,134Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.61%Yield on earning assets
1.12%Cost of funding earning assets
3.49%Net interest margin
0.38%Noninterest income to earning assets
2.62%Noninterest expense to earning assets
0.17%Net operating income to assets
0.17%Return on assets (ROA)
0.19%Pretax return on assets
1.81%Return on equity (ROE)
1.81%Retained earnings to average equity (YTD only)
0.71%Net charge-offs to loans
219.49%Credit loss provision to net charge-offs
2.61%Efficiency ratio
67,764Assets per employee
7.72%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.06%Loss allowance to noncurrent loans
66.64%Noncurrent assets plus other real estate owned to assets
1.15%Noncurrent loans to loans
1.59%Net loans and leases to deposits
80.55%Net loans and leases to core deposits
82.05%Equity capital to assets
9.73%Core capital (leverage) ratio
9.16%Tier 1 risk-based capital ratio
18.55%Total risk-based capital ratio
Memoranda
$20Average assets
$247,092Average earning assets
$23,265Average equity
$237,449Average loans
List of branches
1 Illinois Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
362579
Mwabank
100 17th Street, Rock Island, IL 61201
January 27, 2003
Full Service Brick and Mortar
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