Wawel Bank in Wallington, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Wawel Bank in Wallington, New Jersey (NJ)
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Wawel Bank - Overview

  • General
  • FDIC Certificate #: 32260
    Status: Active
    Federal Reserve ID: 958473
    Date Established: Febuary 24, 1920
    WWW: http://www.wawelbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 8063
    FDIC's unique #: 45094
    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: Commercial Lending Specialization
    Date of Deposit Insurance: December 26, 1984
    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: 104 Main Ave, Wallington, NJ 7057
    County: Bergen
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Jamesburg
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Bergen-Passaic, NJ (#875)
    Consolidated Metropolitan Statistical Area (CMSA): New York-Northern New Jersey-Long Island, NY-NJ-CT-PA (#70)
    Combined Statistical Area (CSA): New York-Newark-Bridgeport, NY-NJ-CT-PA (#408)
    Core Based Statistical Area (CBSA): New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620)
    CBSA Metro Statistical Area: New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620)
    Core Based Statistical Division: New York-White Plains-Wayne, NY-NJ (#35644)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $98.3 mil
    Equity capital: $17.7 mil
    Deposits held in domestic offices: $76.7 mil
    Return on assets (ROA): 0.28% ($0.3 mil)
    Quarterly return on assets: 0.24% ($0.2 mil)
    Return on Equity (ROE): 1.50% ($0.3 mil)
    Quarterly return on equity: 1.33% ($0.2 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.31% ($304.7 mil)
    Quarterly Pretax return on assets: 0.15% ($147.4 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
  • 22Total employees (full-time equivalent)
  • $98,278Total assets
  • $1,260Cash and due from depository institutions
  • $495Interest-bearing balances
  • $22,659Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $62,249Net loans & leases
  • $776Loan loss allowance
  • $0Trading account assets
  • $6,176Bank premises and fixed assets
  • $259Other real estate owned
  • $0Goodwill and other intangibles
  • $98,278Life insurance assets
  • $5,675All other assets
  • $80,542Total liabilities and capital
  • $76,655Total liabilities
  • $68,242Total deposits
  • $76,655Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,965Trading liabilities
  • $0Other borrowed funds
  • $922Subordinated debt
  • $17,736All other liabilities
  • $17,736Total equity capital
  • $17,736Total bank equity capital
  • $0Perpetual preferred stock
  • $21Common stock
  • $8,263Surplus
  • $9,452Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,181Income earned, not collected on loans
  • $0Earning assets
  • $499Long-term assets (5+ years)
  • $85,403Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $96,125Volatile liabilities
  • $97,769Insider loans
  • $67,528FHLB advances
  • $98,276Loans and leases held for sale
  • $3,609Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $17,735Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,891Restructured Loans and leases
  • $1,806Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,859Total interest income
  • $766Total interest expense
  • $4,093Net interest income
  • $520Provision for loan and lease losses
  • $312Total noninterest income
  • $0Fiduciary activities
  • $63Service charges on deposit accounts
  • $0Trading account gains & fees
  • $249Additional noninterest income
  • $3,630Total noninterest expense
  • $2,033Salaries and employee benefits
  • $548Premises and equipment expense
  • $1,049Additional noninterest expense
  • $255Pre-tax net operating income
  • $43Securities gains (losses)
  • $33Applicable income taxes
  • $265Income before extraordinary items
  • $0Extraordinary gains - net
  • $265Net income attributable to bank
  • $0Net charge-offs
  • $265Cash dividends
  • $478Sale, conversion, retirement of capital stock, net
  • $83Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.84%Yield on earning assets
  • 0.92%Cost of funding earning assets
  • 4.92%Net interest margin
  • 0.38%Noninterest income to earning assets
  • 4.36%Noninterest expense to earning assets
  • 0.24%Net operating income to assets
  • 0.28%Return on assets (ROA)
  • 0.31%Pretax return on assets
  • 1.50%Return on equity (ROE)
  • 1.03%Retained earnings to average equity (YTD only)
  • 0.75%Net charge-offs to loans
  • 108.79%Credit loss provision to net charge-offs
  • 1.62%Efficiency ratio
  • 82,406Assets per employee
  • 4.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 31.32%Loss allowance to loans
  • 1.23%Loss allowance to noncurrent loans
  • 12.55%Noncurrent assets plus other real estate owned to assets
  • 6.55%Noncurrent loans to loans
  • 9.81%Net loans and leases to deposits
  • 81.21%Net loans and leases to core deposits
  • 88.10%Equity capital to assets
  • 18.05%Core capital (leverage) ratio
  • 18.05%Tier 1 risk-based capital ratio
  • 26.26%Total risk-based capital ratio
  • Memoranda
  • $27Average assets
  • $96,125Average earning assets
  • $17,642Average equity
  • $83,169Average loans

List of branches

  • 2 New Jersey Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    045094Wawel Bank104 Main Ave, Wallington, NJ 7057Febuary 24, 1920Full Service Brick and Mortar
    1495859River Dr Branch935 River Dr, Garfield, NJ 7026June 23, 2007Full Service Brick and Mortar

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