Webster Five Cents Savings Bank in city_name, state_name - Detailed Financial Reports, Location

Webster Five Cents Savings Bank in Webster, Massachusetts (MA)
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Webster Five Cents Savings Bank routing number info

Webster Five Cents Savings Bank - Overview

General
FDIC Certificate #: 90297
Status: Active
Federal Reserve ID: 765505
Bank Holding Company (Regulatory Top Holder): Webfive Mhc (RSSDID: 3803033, Location: Webster, MA)
Date Established: March 15, 1868
WWW: http://www.web5.com
Trust Powers Granted: No
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 8 (Domestic: 8, Interstate: No)
OTS Docket #: 11895
FDIC's unique #: 17886
Numeric code: 41
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: Commercial Lending Specialization
Date of Deposit Insurance: August 02, 1985
Last Structure Change Effective Date: March 01, 2009
Last Structure Change Process Date: May 20, 2009
Last Data Update: May 20, 2009
Data Source Date: April 05, 2012
Location
Address: 136 Thompson Road, Webster, MA 1570
County: Worcester
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: New York
FDIC Field Office: Springfield Ma
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
Metropolitan Statistical Area (MSA): Worcester, MA-CT (#9240)
Consolidated Metropolitan Statistical Area (CMSA): Boston-Worcester-Lawrence, MA-NH-ME-CT (#7)
Combined Statistical Area (CSA): Boston-Worcester-Manchester, MA-RI-NH (#148)
Core Based Statistical Area (CBSA): Worcester, MA (#49340)
CBSA Metro Statistical Area: Worcester, MA (#49340)
History of Changes
Change in Entity Type
Financial Summary
Total assets: $558.9 mil
Equity capital: $68.7 mil
Deposits held in domestic offices: $465.4 mil
Return on assets (ROA): 0.61% ($3.4 mil)
Quarterly return on assets: 0.82% ($4.6 mil)
Return on Equity (ROE): 5.02% ($3.5 mil)
Quarterly return on equity: 6.76% ($4.7 mil)
Net income: $3.4 mil
Quarterly Net income: $1.1 mil
Pretax return on assets: 0.55% ($3,073.8 mil)
Quarterly Pretax return on assets: 0.92% ($5,141.6 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
136Total employees (full-time equivalent)
$558,872Total assets
$14,684Cash and due from depository institutions
$5,295Interest-bearing balances
$172,272Securities
$133Federal funds sold & reverse repurchase agreements
$331,290Net loans & leases
$3,969Loan loss allowance
$0Trading account assets
$11,642Bank premises and fixed assets
$797Other real estate owned
$0Goodwill and other intangibles
$558,872Life insurance assets
$28,054All other assets
$490,208Total liabilities and capital
$465,415Total liabilities
$395,983Total deposits
$465,415Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$16,500Trading liabilities
$0Other borrowed funds
$8,293Subordinated debt
$68,664All other liabilities
$68,664Total equity capital
$68,664Total bank equity capital
$0Perpetual preferred stock
$10Common stock
$0Surplus
$68,654Undivided profits
Memoranda
$0Noncurrent loans and leases
$394Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$9,989Income earned, not collected on loans
$68Earning assets
$1,997Long-term assets (5+ years)
$508,990Average Assets, year-to-date
$198,873Average Assets, quarterly
$556,618Volatile liabilities
$561,188Insider loans
$381,325FHLB advances
$557,591Loans and leases held for sale
$11,036Unused loan commitments
$11,036Tier 1 (core) risk-based capital
$65,175Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$57,003Restructured Loans and leases
$505Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$25,438Total interest income
$4,340Total interest expense
$21,098Net interest income
$3,937Provision for loan and lease losses
$5,030Total noninterest income
$0Fiduciary activities
$1,864Service charges on deposit accounts
$0Trading account gains & fees
$3,166Additional noninterest income
$19,768Total noninterest expense
$10,968Salaries and employee benefits
$2,256Premises and equipment expense
$6,544Additional noninterest expense
$2,423Pre-tax net operating income
$650Securities gains (losses)
-$306Applicable income taxes
$3,379Income before extraordinary items
$0Extraordinary gains - net
$3,379Net income attributable to bank
$0Net charge-offs
$3,379Cash dividends
$4,428Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.00%Yield on earning assets
0.85%Cost of funding earning assets
4.15%Net interest margin
0.99%Noninterest income to earning assets
3.89%Noninterest expense to earning assets
0.49%Net operating income to assets
0.61%Return on assets (ROA)
0.55%Pretax return on assets
5.02%Return on equity (ROE)
5.02%Retained earnings to average equity (YTD only)
1.26%Net charge-offs to loans
88.91%Credit loss provision to net charge-offs
1.44%Efficiency ratio
75,658Assets per employee
4.11%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.18%Loss allowance to noncurrent loans
39.73%Noncurrent assets plus other real estate owned to assets
1.93%Noncurrent loans to loans
2.98%Net loans and leases to deposits
71.18%Net loans and leases to core deposits
80.92%Equity capital to assets
12.29%Core capital (leverage) ratio
11.69%Tier 1 risk-based capital ratio
17.09%Total risk-based capital ratio
Memoranda
$18Average assets
$556,618Average earning assets
$67,278Average equity
$508,721Average loans

List of branches

8 Massachusetts Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	17886	Webster Five Cents Savings Bank	136 Thompson Road, Webster, MA 1570	March 15, 1868	Full Service Brick and Mortar
1	291529	Oxford Branch	343 Main Street, Oxford, MA 1540	November 29, 1961	Full Service Brick and Mortar
2	291530	Dudley Branch	208 West Main Street, Dudley, MA 1571	May 07, 1973	Full Service Brick and Mortar
4	291532	Auburn Branch	400 Southbridge Street, Auburn, MA 1501	October 31, 1994	Full Service Brick and Mortar
5	291533	Worcester Branch	266 Chandler Street, Worcester, MA 1602	April 15, 1996	Full Service Brick and Mortar
6	357488	Grafton Street Branch	349 Grafton Street, Worcester, MA 1604	August 07, 2000	Full Service Brick and Mortar
7	359032	Commercial Street Branch	200 Commercial Street, Worcester, MA 1608	January 04, 2000	Full Service Brick and Mortar
8	451217	Shrewsbury Branch	261 Grafton Street, Shrewsbury, MA 1545	Febuary 14, 2006	Full Service Brick and Mortar

Webster Five Cents Savings Bank in Webster, Massachusetts (MA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Webster Five Cents Savings Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Webster Five Cents Savings Bank in Webster, Massachusetts (MA)Overview, Financial Summary, Detailed Financial Reports, Branches

Webster Five Cents Savings Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Webster Five Cents Savings Bank in Webster, Massachusetts (MA)
Overview, Financial Summary, Detailed Financial Reports, Branches