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

  • Bank of Wolcott in Wolcott, Indiana (IN)
  • Show street view No street view available for this location

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
    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
  • NoIDNameAddressEstablishedService TypeMap
    010402Bank Of Wolcott105 North Range Street, Wolcott, IN 47995October 16, 1944Full Service Brick and Mortar
    1237596Monticello Branch116 North Sixth Street, Monticello, IN 47960September 01, 1998Full Service Brick and Mortar
    2521852Remington Branch506 N Maine St, Remington, IN 47977November 01, 2010Full Service Brick and Mortar

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Bank of Wolcott.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents