Wayne Bank in Honesdale, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Wayne Bank - Overview

  • General
  • FDIC Certificate #: 698
    Status: Active
    Federal Reserve ID: 59316
    Bank Holding Company (Regulatory Top Holder): Norwood Financial Corp. (RSSDID: 2365356, Location: Honesdale, PA)
    Date Established: January 01, 1871
    WWW: http://www.waynebank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 16 (Domestic: 16, Interstate: No)
    OTS Docket #: 11037
    FDIC's unique #: 450
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 01, 2011
    Last Structure Change Process Date: June 09, 2011
    Last Data Update: June 09, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 717 Main Street, Honesdale, PA 18431
    County: Wayne
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Philadelphia
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $667.4 mil
    Equity capital: $84.2 mil
    Deposits held in domestic offices: $527.0 mil
    Return on assets (ROA): 1.29% ($8.6 mil)
    Quarterly return on assets: 1.26% ($8.4 mil)
    Return on Equity (ROE): 10.56% ($8.9 mil)
    Quarterly return on equity: 10.18% ($8.6 mil)
    Net income: $8.0 mil
    Quarterly Net income: $2.1 mil
    Pretax return on assets: 1.75% ($11,680.0 mil)
    Quarterly Pretax return on assets: 1.71% ($11,413.0 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
  • 146Total employees (full-time equivalent)
  • $667,428Total assets
  • $21,423Cash and due from depository institutions
  • $12,449Interest-bearing balances
  • $150,114Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $452,542Net loans & leases
  • $5,458Loan loss allowance
  • $0Trading account assets
  • $7,479Bank premises and fixed assets
  • $2,910Other real estate owned
  • $10,585Goodwill and other intangibles
  • $667,428Life insurance assets
  • $22,375All other assets
  • $583,241Total liabilities and capital
  • $526,997Total liabilities
  • $506,355Total deposits
  • $526,997Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 21794.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $27,670Trading liabilities
  • $0Other borrowed funds
  • $6,780Subordinated debt
  • $84,187All other liabilities
  • $84,187Total equity capital
  • $84,187Total bank equity capital
  • $0Perpetual preferred stock
  • $900Common stock
  • $30,326Surplus
  • $52,961Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,815Income earned, not collected on loans
  • $0Earning assets
  • $2,468Long-term assets (5+ years)
  • $615,105Average Assets, year-to-date
  • $328,908Average Assets, quarterly
  • $622,679Volatile liabilities
  • $672,211Insider loans
  • $470,373FHLB advances
  • $655,606Loans and leases held for sale
  • $11,887Unused loan commitments
  • $8,809Tier 1 (core) risk-based capital
  • $70,613Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,078Total unused commitments
  • $72,336Restructured Loans and leases
  • $4,813Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $27,761Total interest income
  • $5,182Total interest expense
  • $22,579Net interest income
  • $1,575Provision for loan and lease losses
  • $3,233Total noninterest income
  • $409Fiduciary activities
  • $1,312Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,512Additional noninterest income
  • $14,307Total noninterest expense
  • $7,848Salaries and employee benefits
  • $1,837Premises and equipment expense
  • $4,622Additional noninterest expense
  • $9,930Pre-tax net operating income
  • $973Securities gains (losses)
  • $2,866Applicable income taxes
  • $8,037Income before extraordinary items
  • $0Extraordinary gains - net
  • $8,037Net income attributable to bank
  • $0Net charge-offs
  • $8,037Cash dividends
  • $1,733Sale, conversion, retirement of capital stock, net
  • $3,696Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.80%Yield on earning assets
  • 0.90%Cost of funding earning assets
  • 3.90%Net interest margin
  • 0.56%Noninterest income to earning assets
  • 2.47%Noninterest expense to earning assets
  • 1.18%Net operating income to assets
  • 1.29%Return on assets (ROA)
  • 1.75%Pretax return on assets
  • 10.56%Return on equity (ROE)
  • 5.70%Retained earnings to average equity (YTD only)
  • 0.42%Net charge-offs to loans
  • 90.88%Credit loss provision to net charge-offs
  • 6.64%Efficiency ratio
  • 55,009Assets per employee
  • 4.57%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 45.99%Loss allowance to loans
  • 1.19%Loss allowance to noncurrent loans
  • 69.84%Noncurrent assets plus other real estate owned to assets
  • 1.61%Noncurrent loans to loans
  • 1.71%Net loans and leases to deposits
  • 85.87%Net loans and leases to core deposits
  • 90.54%Equity capital to assets
  • 12.61%Core capital (leverage) ratio
  • 10.77%Tier 1 risk-based capital ratio
  • 15.01%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $622,679Average earning assets
  • $76,139Average equity
  • $578,525Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $103,443Managed Assets
  • 1Number of Accounts
  • $66,062Personal trust and agency accounts
  • $24,667Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $5,675Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $28,998Other fiduciary accounts
  • $6,722Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 215Number of Accounts
  • $0Personal trust and agency accounts
  • $5,675Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $37,381Other retirement accounts
  • $1,210Corporate trust and agency accounts
  • $34,383Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 16 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0450Wayne Bank717 Main Street, Honesdale, PA 18431January 01, 1871Full Service Brick and Mortar
    1184392Waymart BranchBelmont And Water Streets, Waymart, PA 18472April 19, 1954Full Service Brick and Mortar
    2184393Willow Avenue Branch245 Willow Avenue, Honesdale, PA 18431September 15, 1980Full Service Brick and Mortar
    3184394Hawley BranchRoute 6 East, Hawley, PA 18428January 15, 1986Full Service Brick and Mortar
    4216460Milford Branch111 West Hartford Street, Milford, PA 18337May 15, 1987Full Service Brick and Mortar
    6216118Shohola Branch107 Richardson Avenue, Shohola, PA 18458June 25, 1956Full Service Brick and Mortar
    8216156Lakewood Branch17 Como Road, Lakewood, PA 18439December 27, 1988Full Service Brick and Mortar
    9184396Stroud Mall BranchStroud Mall & Rte 611, Stroudsburg, PA 18360June 21, 1999Full Service Brick and Mortar
    10359811Lords Valley Branch637 Route 739, Lords Valley, PA 18428August 17, 2000Full Service Brick and Mortar
    11429968Marshalls Creek Branch5165 Milford Road, Route 209, Marshalls Creek, PA 18335July 19, 2004Full Service Brick and Mortar
    12457246Tannersville BranchRoute 611, Rr 1, Box 720, Tannersville, PA 18372December 05, 2006Full Service Brick and Mortar
    1344022Central Scranton Office216 Adams Ave, Scranton, PA 18503January 01, 1902Full Service Brick and Mortar
    14283784West Scranton Office623 S Main Avenue, Scranton, PA 18504January 01, 1902Full Service Brick and Mortar
    15283785Clarks Summit Branch651 Northern Boulevard, Clarks Summit, PA 18411November 20, 1989Full Service Brick and Mortar
    16356674Stroudsburg Office334 North Ninth Street, Stroudsburg, PA 18360May 17, 1999Full Service Brick and Mortar
    17450919Effort Branch2200 Barney Lane, Effort, PA 18330May 02, 2006Full Service Brick and Mortar

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