MWABank in Rock Island, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • MWABank in Rock Island, Illinois (IL)
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MWABank - Overview

  • General
  • 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
  • NoIDNameAddressEstablishedService TypeMap
    0362579Mwabank100 17th Street, Rock Island, IL 61201January 27, 2003Full Service Brick and Mortar

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