Washington Savings Bank in Effingham, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Washington Savings Bank - Overview

  • General
  • FDIC Certificate #: 29227
    Status: Active
    Federal Reserve ID: 790271
    Date Established: January 01, 1883
    WWW: http://www.washingtonsavings.net
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 3128
    FDIC's unique #: 42061
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: Febuary 17, 1958
    Last Structure Change Effective Date: June 21, 2010
    Last Structure Change Process Date: July 07, 2010
    Last Data Update: July 07, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 200 South Banker Street, Effingham, IL 62401
    County: Effingham
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Mount Vernon
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Core Based Statistical Area (CBSA): Effingham, IL (#20820)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Office Purchased
  • Financial Summary
  • Total assets: $247.2 mil
    Equity capital: $28.0 mil
    Deposits held in domestic offices: $212.1 mil
    Return on assets (ROA): 0.59% ($1.5 mil)
    Quarterly return on assets: 0.73% ($1.8 mil)
    Return on Equity (ROE): 5.29% ($1.5 mil)
    Quarterly return on equity: 6.48% ($1.8 mil)
    Net income: $1.4 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 0.86% ($2,126.2 mil)
    Quarterly Pretax return on assets: 1.10% ($2,719.6 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
  • 38Total employees (full-time equivalent)
  • $247,234Total assets
  • $6,267Cash and due from depository institutions
  • $3,557Interest-bearing balances
  • $92,395Securities
  • $528Federal funds sold & reverse repurchase agreements
  • $136,910Net loans & leases
  • $969Loan loss allowance
  • $0Trading account assets
  • $5,809Bank premises and fixed assets
  • $105Other real estate owned
  • $895Goodwill and other intangibles
  • $247,234Life insurance assets
  • $4,325All other assets
  • $219,212Total liabilities and capital
  • $212,138Total liabilities
  • $199,668Total deposits
  • $212,138Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,000Trading liabilities
  • $0Other borrowed funds
  • $3,074Subordinated debt
  • $28,022All other liabilities
  • $28,022Total equity capital
  • $28,022Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $28,022Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,674Income earned, not collected on loans
  • $0Earning assets
  • $1,095Long-term assets (5+ years)
  • $233,390Average Assets, year-to-date
  • $95,146Average Assets, quarterly
  • $242,943Volatile liabilities
  • $247,653Insider loans
  • $139,833FHLB advances
  • $249,312Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $26,200Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $15,511Restructured Loans and leases
  • $6,541Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,010Total interest income
  • $3,047Total interest expense
  • $5,963Net interest income
  • $212Provision for loan and lease losses
  • $812Total noninterest income
  • $0Fiduciary activities
  • $261Service charges on deposit accounts
  • $0Trading account gains & fees
  • $551Additional noninterest income
  • $4,601Total noninterest expense
  • $1,889Salaries and employee benefits
  • $519Premises and equipment expense
  • $2,193Additional noninterest expense
  • $1,962Pre-tax net operating income
  • $139Securities gains (losses)
  • $671Applicable income taxes
  • $1,430Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,430Net income attributable to bank
  • $0Net charge-offs
  • $1,430Cash dividends
  • $53Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.94%Yield on earning assets
  • 1.33%Cost of funding earning assets
  • 2.60%Net interest margin
  • 0.35%Noninterest income to earning assets
  • 2.01%Noninterest expense to earning assets
  • 0.55%Net operating income to assets
  • 0.59%Return on assets (ROA)
  • 0.86%Pretax return on assets
  • 5.29%Return on equity (ROE)
  • 5.29%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 400.00%Credit loss provision to net charge-offs
  • 41.02%Efficiency ratio
  • 67,911Assets per employee
  • 6.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.70%Loss allowance to noncurrent loans
  • 36.24%Noncurrent assets plus other real estate owned to assets
  • 1.12%Noncurrent loans to loans
  • 1.94%Net loans and leases to deposits
  • 64.54%Net loans and leases to core deposits
  • 65.52%Equity capital to assets
  • 11.33%Core capital (leverage) ratio
  • 10.51%Tier 1 risk-based capital ratio
  • 18.74%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $242,943Average earning assets
  • $27,049Average equity
  • $228,921Average loans

List of branches

  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042061Washington Savings Bank200 South Banker Street, Effingham, IL 62401January 01, 1883Full Service Brick and Mortar
    143902Keller Drive Branch1300 North Keller Drive, Effingham, IL 62401January 01, 1893Full Service Brick and Mortar

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