Iron Workers Savings Bank in Aston, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Iron Workers Savings Bank - Overview

  • General
  • FDIC Certificate #: 28908
    Status: Active
    Federal Reserve ID: 45775
    Date Established: January 01, 1879
    WWW: http://www.iwsb.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 2601
    FDIC's unique #: 41742
    Numeric code: 42
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: January 03, 1969
    Last Structure Change Effective Date: December 01, 2006
    Last Structure Change Process Date: December 01, 2006
    Last Data Update: December 01, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 3333 Concord Road, Aston, PA 19014
    County: Delaware
    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: $164.1 mil
    Equity capital: $13.6 mil
    Deposits held in domestic offices: $144.0 mil
    Return on assets (ROA): 0.47% ($0.8 mil)
    Quarterly return on assets: 0.48% ($0.8 mil)
    Return on Equity (ROE): 5.76% ($0.8 mil)
    Quarterly return on equity: 5.85% ($0.8 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.66% ($1,082.8 mil)
    Quarterly Pretax return on assets: 0.58% ($951.5 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
  • 29Total employees (full-time equivalent)
  • $164,060Total assets
  • $23,822Cash and due from depository institutions
  • $22,306Interest-bearing balances
  • $16,247Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $115,470Net loans & leases
  • $1,065Loan loss allowance
  • $0Trading account assets
  • $2,355Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $164,060Life insurance assets
  • $6,166All other assets
  • $150,432Total liabilities and capital
  • $143,977Total liabilities
  • $123,050Total deposits
  • $143,977Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,000Trading liabilities
  • $0Other borrowed funds
  • $1,455Subordinated debt
  • $13,628All other liabilities
  • $13,628Total equity capital
  • $13,628Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $13,628Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,722Income earned, not collected on loans
  • $0Earning assets
  • $533Long-term assets (5+ years)
  • $154,023Average Assets, year-to-date
  • $101,999Average Assets, quarterly
  • $163,200Volatile liabilities
  • $163,474Insider loans
  • $100,984FHLB advances
  • $163,493Loans and leases held for sale
  • $3,275Unused loan commitments
  • $3,275Tier 1 (core) risk-based capital
  • $13,628Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,190Restructured Loans and leases
  • $931Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,984Total interest income
  • $1,644Total interest expense
  • $5,340Net interest income
  • $320Provision for loan and lease losses
  • $292Total noninterest income
  • $0Fiduciary activities
  • $143Service charges on deposit accounts
  • $0Trading account gains & fees
  • $149Additional noninterest income
  • $4,235Total noninterest expense
  • $2,183Salaries and employee benefits
  • $727Premises and equipment expense
  • $1,325Additional noninterest expense
  • $1,077Pre-tax net operating income
  • $0Securities gains (losses)
  • $315Applicable income taxes
  • $762Income before extraordinary items
  • $0Extraordinary gains - net
  • $762Net income attributable to bank
  • $0Net charge-offs
  • $762Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.55%Yield on earning assets
  • 1.07%Cost of funding earning assets
  • 3.48%Net interest margin
  • 0.19%Noninterest income to earning assets
  • 2.76%Noninterest expense to earning assets
  • 0.47%Net operating income to assets
  • 0.47%Return on assets (ROA)
  • 0.66%Pretax return on assets
  • 5.76%Return on equity (ROE)
  • 5.76%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 75,195Assets per employee
  • 5.66%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.91%Loss allowance to noncurrent loans
  • 61.85%Noncurrent assets plus other real estate owned to assets
  • 1.05%Noncurrent loans to loans
  • 1.48%Net loans and leases to deposits
  • 80.20%Net loans and leases to core deposits
  • 82.55%Equity capital to assets
  • 8.31%Core capital (leverage) ratio
  • 8.34%Tier 1 risk-based capital ratio
  • 13.50%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $163,200Average earning assets
  • $13,226Average equity
  • $153,369Average loans

List of branches

  • 3 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041742Iron Workers Savings Bank3333 Concord Road, Aston, PA 19014January 01, 1879Full Service Brick and Mortar
    1002715183 State Rd Branch3 State Road, Media, PA 19063January 01, 1879Full Service Brick and Mortar
    101365726Chadds Ford Branch100 Ridge Road Suite 1, Chadds Ford, PA 19317August 22, 2002Full Service Brick and Mortar

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