Williamstown Bank, Inc. in city_name, state_name - Detailed Financial Reports, Location

Williamstown Bank, Inc. in Williamstown, West Virginia (WV)
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Williamstown Bank, Inc. routing number info

Williamstown Bank, Inc. - Overview

General
FDIC Certificate #: 14744
Status: Active
Federal Reserve ID: 918132
Date Established: January 01, 1919
WWW: http://www.williamstownbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 14466
FDIC's unique #: 9222
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: August 20, 1934
Last Structure Change Effective Date: October 03, 2007
Last Structure Change Process Date: December 21, 2007
Last Data Update: December 21, 2007
Data Source Date: April 05, 2012
Location
Address: 435 Highland Avenue, Williamstown, WV 26187
County: Wood
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Scott Depot
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
Metropolitan Statistical Area (MSA): Parkersburg-Marietta, WV-OH (#6020)
Core Based Statistical Area (CBSA): Parkersburg-Marietta-Vienna, WV-OH (#37620)
CBSA Metro Statistical Area: Parkersburg-Marietta-Vienna, WV-OH (#37620)
History of Changes
Name Change
Financial Summary
Total assets: $133.1 mil
Equity capital: $13.7 mil
Deposits held in domestic offices: $118.8 mil
Return on assets (ROA): 1.10% ($1.5 mil)
Quarterly return on assets: 1.12% ($1.5 mil)
Return on Equity (ROE): 10.96% ($1.5 mil)
Quarterly return on equity: 10.98% ($1.5 mil)
Net income: $1.4 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 1.62% ($2,155.9 mil)
Quarterly Pretax return on assets: 1.82% ($2,422.1 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
33Total employees (full-time equivalent)
$133,082Total assets
$14,034Cash and due from depository institutions
$10,342Interest-bearing balances
$12,193Securities
$2,593Federal funds sold & reverse repurchase agreements
$99,155Net loans & leases
$1,149Loan loss allowance
$0Trading account assets
$2,065Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$133,082Life insurance assets
$3,042All other assets
$119,412Total liabilities and capital
$118,824Total liabilities
$104,303Total deposits
$118,824Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$588Subordinated debt
$13,670All other liabilities
$13,670Total equity capital
$13,670Total bank equity capital
$0Perpetual preferred stock
$300Common stock
$500Surplus
$12,870Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$60Income earned, not collected on loans
$0Earning assets
$432Long-term assets (5+ years)
$124,283Average Assets, year-to-date
$46,514Average Assets, quarterly
$130,510Volatile liabilities
$132,330Insider loans
$92,659FHLB advances
$130,570Loans and leases held for sale
$1,833Unused loan commitments
$924Tier 1 (core) risk-based capital
$13,669Tier 2 risk-based capital
$0Total risk weighted assets
$909Total unused commitments
$5,232Restructured Loans and leases
$188Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$6,662Total interest income
$1,449Total interest expense
$5,213Net interest income
$306Provision for loan and lease losses
$816Total noninterest income
$0Fiduciary activities
$351Service charges on deposit accounts
$0Trading account gains & fees
$465Additional noninterest income
$3,615Total noninterest expense
$1,905Salaries and employee benefits
$378Premises and equipment expense
$1,332Additional noninterest expense
$2,108Pre-tax net operating income
$0Securities gains (losses)
$674Applicable income taxes
$1,434Income before extraordinary items
$0Extraordinary gains - net
$1,434Net income attributable to bank
$0Net charge-offs
$1,434Cash dividends
$238Sale, conversion, retirement of capital stock, net
$480Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.52%Yield on earning assets
1.20%Cost of funding earning assets
4.32%Net interest margin
0.68%Noninterest income to earning assets
3.00%Noninterest expense to earning assets
1.10%Net operating income to assets
1.10%Return on assets (ROA)
1.62%Pretax return on assets
10.96%Return on equity (ROE)
7.29%Retained earnings to average equity (YTD only)
0.25%Net charge-offs to loans
128.57%Credit loss provision to net charge-offs
10.14%Efficiency ratio
59,960Assets per employee
4.03%Cash dividends to net income (YTD only)
Condition Ratios (%)
33.47%Loss allowance to loans
1.15%Loss allowance to noncurrent loans
1915.00%Noncurrent assets plus other real estate owned to assets
0.05%Noncurrent loans to loans
0.06%Net loans and leases to deposits
83.45%Net loans and leases to core deposits
85.60%Equity capital to assets
10.27%Core capital (leverage) ratio
10.47%Tier 1 risk-based capital ratio
14.75%Total risk-based capital ratio
Memoranda
$16Average assets
$130,510Average earning assets
$13,083Average equity
$120,603Average loans

List of branches

2 West Virginia Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	9222	Williamstown Bank, Inc.	435 Highland Avenue, Williamstown, WV 26187	January 01, 1919	Full Service Brick and Mortar
1	232062	Parkersburg Branch	3002 East Seventh Street, Parkersburg, WV 26102	March 10, 1987	Full Service Brick and Mortar

Williamstown Bank, Inc. in Williamstown, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

Williamstown Bank, Inc. - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

Williamstown Bank, Inc. in Williamstown, West Virginia (WV)Overview, Financial Summary, Detailed Financial Reports, Branches

Williamstown Bank, Inc. - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

Williamstown Bank, Inc. in Williamstown, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches