Waterville Savings and Loan Association in Waterville, Maine (ME)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 17, 1995

  • Waterville Savings and Loan Association in Waterville, Maine (ME)
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Waterville Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 28600
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Kennebec Savings Bank (#17897)
    Federal Reserve ID: 192875
    Date Established: January 01, 1887
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 1930
    FDIC's unique #: 41434
    Numeric code: 36
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: May 22, 1961
    Last Structure Change Effective Date: June 17, 1995
    Last Structure Change Process Date: July 19, 1995
    Last Data Update: July 19, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: Corner North & Main Streets, Waterville, ME 4901
    County: Kennebec
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Concord
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Core Based Statistical Area (CBSA): Augusta-Waterville, ME (#12300)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merger - Without Assistance
  • Financial Summary
  • Total assets: $34.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $8Total assets
  • $34,331Cash and due from depository institutions
  • $887Interest-bearing balances
  • $121Securities
  • $7,482Federal funds sold & reverse repurchase agreements
  • $500Net loans & leases
  • $24,484Loan loss allowance
  • $67Trading account assets
  • $0Bank premises and fixed assets
  • $225Other real estate owned
  • $239Goodwill and other intangibles
  • $514Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $34,331Total liabilities
  • $29,704Total deposits
  • $29,655Interest-bearing deposits
  • $29,601Deposits held in domestic offices
  • 29655.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $49Total equity capital
  • $49Total bank equity capital
  • $4,627Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $4,627Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $278Income earned, not collected on loans
  • $106Earning assets
  • $32,587Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $35,097Average Assets, quarterly
  • $34,399Volatile liabilities
  • $3,054Insider loans
  • $103FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,353Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,627Total risk weighted assets
  • $14,243Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,338Total interest expense
  • $1,245Net interest income
  • $1,093Provision for loan and lease losses
  • $15Total noninterest income
  • $69Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $69Total noninterest expense
  • $656Salaries and employee benefits
  • $345Premises and equipment expense
  • $170Additional noninterest expense
  • $141Pre-tax net operating income
  • $491Securities gains (losses)
  • $0Applicable income taxes
  • $171Income before extraordinary items
  • $320Extraordinary gains - net
  • $0Net income attributable to bank
  • $320Net charge-offs
  • $1Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.99%Cost of funding earning assets
  • 3.72%Net interest margin
  • 3.27%Noninterest income to earning assets
  • 0.21%Noninterest expense to earning assets
  • 1.96%Net operating income to assets
  • 0.91%Return on assets (ROA)
  • 0.91%Pretax return on assets
  • 1.40%Return on equity (ROE)
  • 7.16%Retained earnings to average equity (YTD only)
  • 7.16%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 1500.00%Efficiency ratio
  • 56,454Assets per employee
  • 4.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.27%Loss allowance to noncurrent loans
  • 24.10%Noncurrent assets plus other real estate owned to assets
  • 1.51%Noncurrent loans to loans
  • 1.13%Net loans and leases to deposits
  • 82.56%Net loans and leases to core deposits
  • 92.04%Equity capital to assets
  • 13.48%Core capital (leverage) ratio
  • 13.48%Tier 1 risk-based capital ratio
  • 32.49%Total risk-based capital ratio
  • Memoranda
  • $33Average assets
  • $35,097Average earning assets
  • $4,471Average equity
  • $33,426Average loans

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