West Milton State Bank in West Milton, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

West Milton State Bank - Overview

  • General
  • FDIC Certificate #: 8421
    Status: Active
    Federal Reserve ID: 556011
    Bank Holding Company (Regulatory Top Holder): West Milton Bancorp, Inc. (RSSDID: 1985216, Location: West Milton, PA)
    Date Established: January 01, 1920
    WWW: http://www.westmiltonstatebank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 10277
    FDIC's unique #: 5360
    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: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: Febuary 28, 2011
    Last Structure Change Process Date: March 18, 2011
    Last Data Update: March 18, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 940 High Street, West Milton, PA 17886
    County: Union
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Harrisburg
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Combined Statistical Area (CSA): Sunbury-Lewisburg-Selinsgrove, PA (#526)
    Core Based Statistical Area (CBSA): Lewisburg, PA (#30260)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $322.2 mil
    Equity capital: $29.9 mil
    Deposits held in domestic offices: $287.1 mil
    Return on assets (ROA): 1.23% ($4.0 mil)
    Quarterly return on assets: 0.95% ($3.1 mil)
    Return on Equity (ROE): 15.09% ($4.5 mil)
    Quarterly return on equity: 10.48% ($3.1 mil)
    Net income: $3.9 mil
    Quarterly Net income: $0.8 mil
    Pretax return on assets: 1.59% ($5,123.6 mil)
    Quarterly Pretax return on assets: 1.12% ($3,609.1 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
  • 64Total employees (full-time equivalent)
  • $322,240Total assets
  • $7,140Cash and due from depository institutions
  • $1,762Interest-bearing balances
  • $193,829Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $107,891Net loans & leases
  • $1,967Loan loss allowance
  • $0Trading account assets
  • $2,512Bank premises and fixed assets
  • $0Other real estate owned
  • $88Goodwill and other intangibles
  • $322,240Life insurance assets
  • $10,780All other assets
  • $292,375Total liabilities and capital
  • $287,060Total liabilities
  • $264,191Total deposits
  • $287,060Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 2511.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $50Trading liabilities
  • $0Other borrowed funds
  • $2,754Subordinated debt
  • $29,865All other liabilities
  • $29,865Total equity capital
  • $29,865Total bank equity capital
  • $0Perpetual preferred stock
  • $331Common stock
  • $3,528Surplus
  • $26,006Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $188Income earned, not collected on loans
  • $0Earning assets
  • $2,066Long-term assets (5+ years)
  • $303,482Average Assets, year-to-date
  • $204,646Average Assets, quarterly
  • $317,324Volatile liabilities
  • $324,882Insider loans
  • $167,295FHLB advances
  • $319,557Loans and leases held for sale
  • $2,880Unused loan commitments
  • $2,880Tier 1 (core) risk-based capital
  • $24,725Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $31,463Restructured Loans and leases
  • $7,085Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $14,249Total interest income
  • $3,857Total interest expense
  • $10,392Net interest income
  • $576Provision for loan and lease losses
  • $1,423Total noninterest income
  • $35Fiduciary activities
  • $443Service charges on deposit accounts
  • $0Trading account gains & fees
  • $945Additional noninterest income
  • $5,905Total noninterest expense
  • $3,414Salaries and employee benefits
  • $813Premises and equipment expense
  • $1,678Additional noninterest expense
  • $5,334Pre-tax net operating income
  • -$297Securities gains (losses)
  • $1,134Applicable income taxes
  • $3,903Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,903Net income attributable to bank
  • $0Net charge-offs
  • $3,903Cash dividends
  • $30Sale, conversion, retirement of capital stock, net
  • $1,300Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.79%Yield on earning assets
  • 1.30%Cost of funding earning assets
  • 3.49%Net interest margin
  • 0.48%Noninterest income to earning assets
  • 1.98%Noninterest expense to earning assets
  • 1.30%Net operating income to assets
  • 1.23%Return on assets (ROA)
  • 1.59%Pretax return on assets
  • 15.09%Return on equity (ROE)
  • 10.06%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 1920.00%Credit loss provision to net charge-offs
  • 197.00%Efficiency ratio
  • 49,979Assets per employee
  • 5.04%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 33.31%Loss allowance to loans
  • 1.79%Loss allowance to noncurrent loans
  • 1046.28%Noncurrent assets plus other real estate owned to assets
  • 0.06%Noncurrent loans to loans
  • 0.17%Net loans and leases to deposits
  • 37.58%Net loans and leases to core deposits
  • 38.46%Equity capital to assets
  • 9.27%Core capital (leverage) ratio
  • 7.74%Tier 1 risk-based capital ratio
  • 14.78%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $317,324Average earning assets
  • $25,862Average equity
  • $297,784Average 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
  • $13,729Managed Assets
  • 1Number of Accounts
  • $2,879Personal trust and agency accounts
  • $1,213Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $1,666Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 8Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $10,850Other retirement accounts
  • $0Corporate trust and agency accounts
  • $10,847Other fiduciary accounts
  • $3Fiduciary accounts held in foreign offices

List of branches

  • 5 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05360West Milton State Bank940 High Street, West Milton, PA 17886January 01, 1920Full Service Brick and Mortar
    2218421West Buffalo Branch40 Hardees Drive, Mifflinburg, PA 17844October 11, 1994Full Service Brick and Mortar
    3218422East Buffalo Branch2005 Market Street, Lewisburg, PA 17837Febuary 12, 1987Full Service Brick and Mortar
    4218423Watsontown Branch1025 Main Street, Watsontown, PA 17777December 18, 1996Full Service Brick and Mortar
    5442331Beaver Springs Branch19179 Route 522, Beaver Springs, PA 17812June 30, 2005Full Service Brick and Mortar

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