Waterford Bank, N.A. in Toledo, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

Waterford Bank, N.A. - Overview

  • General
  • FDIC Certificate #: 58433
    Status: Active
    Federal Reserve ID: 3588424
    Bank Holding Company (Regulatory Top Holder): Waterford Bancorp (RSSDID: 3588415, Location: Toledo, OH)
    Date Established: August 29, 2007
    WWW: http://www.waterfordbankna.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 451642
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: 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: Commercial Lending Specialization
    Date of Deposit Insurance: August 29, 2007
    Last Structure Change Effective Date: September 27, 2007
    Last Structure Change Process Date: October 01, 2007
    Last Data Update: October 01, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 3900 N. Mccord Rd, Toledo, OH 43617
    County: Lucas
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Columbus
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Toledo, OH (#8400)
    Combined Statistical Area (CSA): Toledo-Fremont, OH (#534)
    Core Based Statistical Area (CBSA): Toledo, OH (#45780)
    CBSA Metro Statistical Area: Toledo, OH (#45780)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $363.9 mil
    Equity capital: $37.4 mil
    Deposits held in domestic offices: $325.5 mil
    Return on assets (ROA): 0.89% ($3.2 mil)
    Quarterly return on assets: 1.09% ($4.0 mil)
    Return on Equity (ROE): 8.70% ($3.2 mil)
    Quarterly return on equity: 10.72% ($4.0 mil)
    Net income: $3.1 mil
    Quarterly Net income: $1.0 mil
    Pretax return on assets: 1.30% ($4,730.8 mil)
    Quarterly Pretax return on assets: 1.50% ($5,458.6 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
  • 41Total employees (full-time equivalent)
  • $363,909Total assets
  • $31,752Cash and due from depository institutions
  • $27,210Interest-bearing balances
  • $70,279Securities
  • $1,235Federal funds sold & reverse repurchase agreements
  • $251,152Net loans & leases
  • $3,207Loan loss allowance
  • $0Trading account assets
  • $3,915Bank premises and fixed assets
  • $50Other real estate owned
  • $0Goodwill and other intangibles
  • $363,909Life insurance assets
  • $5,526All other assets
  • $326,552Total liabilities and capital
  • $325,521Total liabilities
  • $285,706Total deposits
  • $325,521Interest-bearing deposits
  • $74Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,031Subordinated debt
  • $37,357All other liabilities
  • $37,357Total equity capital
  • $37,357Total bank equity capital
  • $0Perpetual preferred stock
  • $12,500Common stock
  • $22,567Surplus
  • $2,290Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $2,315Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $910Long-term assets (5+ years)
  • $349,876Average Assets, year-to-date
  • $30,176Average Assets, quarterly
  • $342,750Volatile liabilities
  • $364,071Insider loans
  • $266,970FHLB advances
  • $357,503Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $36,734Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $99,257Restructured Loans and leases
  • $16,103Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $13,990Total interest income
  • $2,384Total interest expense
  • $11,606Net interest income
  • $609Provision for loan and lease losses
  • $1,990Total noninterest income
  • $0Fiduciary activities
  • $273Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,717Additional noninterest income
  • $8,573Total noninterest expense
  • $5,436Salaries and employee benefits
  • $530Premises and equipment expense
  • $2,607Additional noninterest expense
  • $4,414Pre-tax net operating income
  • $36Securities gains (losses)
  • $1,392Applicable income taxes
  • $3,058Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,058Net income attributable to bank
  • $0Net charge-offs
  • $3,058Cash dividends
  • $52Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.27%Yield on earning assets
  • 0.73%Cost of funding earning assets
  • 3.55%Net interest margin
  • 0.61%Noninterest income to earning assets
  • 2.62%Noninterest expense to earning assets
  • 0.88%Net operating income to assets
  • 0.89%Return on assets (ROA)
  • 1.30%Pretax return on assets
  • 8.70%Return on equity (ROE)
  • 8.70%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 1171.15%Credit loss provision to net charge-offs
  • 96.60%Efficiency ratio
  • 63,055Assets per employee
  • 8.88%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.26%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.01%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 77.15%Net loans and leases to core deposits
  • 111.92%Equity capital to assets
  • 10.27%Core capital (leverage) ratio
  • 10.28%Tier 1 risk-based capital ratio
  • 13.76%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $342,750Average earning assets
  • $35,164Average equity
  • $327,343Average loans

List of branches

  • 1 Ohio Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0451642Waterford Bank, N.A.3900 N. Mccord Rd, Toledo, OH 43617August 29, 2007Full Service Brick and Mortar

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