Willow Financial Bank in Wayne, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 06, 2008

  • Willow Financial Bank in Wayne, Pennsylvania (PA)
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Willow Financial Bank - Overview

  • General
  • FDIC Certificate #: 30089
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Harleysville National Bank and Trust Company (#7516)
    Federal Reserve ID: 848172
    Date Established: January 01, 1909
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 4726
    FDIC's unique #: 42923
    Numeric code: 38
    Regulator: OTS
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: June 25, 1940
    Last Structure Change Effective Date: December 06, 2008
    Last Structure Change Process Date: December 22, 2008
    Last Data Update: December 22, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 170 South Warner Road, Wayne, PA 19087
    County: Montgomery
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Philadelphia
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Philadelphia, PA-NJ (#6160)
    Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77)
    Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428)
    Core Based Statistical Area (CBSA): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    Core Based Statistical Division: Philadelphia, PA (#37964)
  • Financial Summary
  • Total assets: $1,583.0 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, 2007)

  • Dollar figures in thousands
  • 413Total employees (full-time equivalent)
  • $1,627,236Total assets
  • $41,816Cash and due from depository institutions
  • $12,291Interest-bearing balances
  • $271,050Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,115,236Net loans & leases
  • $12,666Loan loss allowance
  • $0Trading account assets
  • $11,937Bank premises and fixed assets
  • $447Other real estate owned
  • $105,646Goodwill and other intangibles
  • $12,169Life insurance assets
  • $81,104All other assets
  • $1,627,236Total liabilities and capital
  • $1,410,489Total liabilities
  • $994,439Total deposits
  • $818,766Interest-bearing deposits
  • $994,439Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $95,784Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $307,164Other borrowed funds
  • $0Subordinated debt
  • $13,102All other liabilities
  • $216,747Total equity capital
  • $216,747Total bank equity capital
  • $216,747Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $180,638Undivided profits
  • Memoranda
  • $36,109Noncurrent loans and leases
  • $298,995Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $10,093Earning assets
  • $0Long-term assets (5+ years)
  • $7,125Average Assets, year-to-date
  • $1,398,577Average Assets, quarterly
  • $0Volatile liabilities
  • $1,557,522Insider loans
  • $1,597,896FHLB advances
  • $466,613Loans and leases held for sale
  • $135Unused loan commitments
  • $302,578Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $298,995Total unused commitments
  • $1Restructured Loans and leases
  • $12,666Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $87,000Total interest income
  • $42,629Total interest expense
  • $44,371Net interest income
  • $1,414Provision for loan and lease losses
  • $13,947Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $13,947Additional noninterest income
  • $48,985Total noninterest expense
  • $26,697Salaries and employee benefits
  • $10,377Premises and equipment expense
  • $11,911Additional noninterest expense
  • $7,919Pre-tax net operating income
  • $146Securities gains (losses)
  • $1,478Applicable income taxes
  • $6,587Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,587Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2,022Sale, conversion, retirement of capital stock, net
  • $2,000Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.44%Yield on earning assets
  • 3.16%Cost of funding earning assets
  • 3.29%Net interest margin
  • 1.03%Noninterest income to earning assets
  • 3.63%Noninterest expense to earning assets
  • 0.42%Net operating income to assets
  • 0.42%Return on assets (ROA)
  • 0.52%Pretax return on assets
  • 3.02%Return on equity (ROE)
  • 2.10%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 69.93%Credit loss provision to net charge-offs
  • 4.62%Efficiency ratio
  • 80,608Assets per employee
  • 3.94%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 30.36%Loss allowance to loans
  • 1.12%Loss allowance to noncurrent loans
  • 125.49%Noncurrent assets plus other real estate owned to assets
  • 0.65%Noncurrent loans to loans
  • 0.89%Net loans and leases to deposits
  • 112.15%Net loans and leases to core deposits
  • 119.82%Equity capital to assets
  • 13.32%Core capital (leverage) ratio
  • 7.85%Tier 1 risk-based capital ratio
  • 11.41%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $1,557,522Average earning assets
  • $218,358Average equity
  • $1,350,633Average loans

Total Fiduciary and Related Assets (December 31, 2007)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $85,764Managed Assets
  • 1Number of Accounts
  • $80,466Personal trust and agency accounts
  • $52,153Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $4,345Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $23,968Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 207Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $5,298Other retirement accounts
  • $5,296Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $1Fiduciary accounts held in foreign offices

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