West Milton State Bank in West Milton, Pennsylvania (PA)



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West Milton State Bank routing number info

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West Milton State Bank
GeneralFDIC 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
LocationAddress: 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 SummaryTotal 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)
Total employees (full-time equivalent)64
Total assets$322,240
Cash and due from depository institutions$7,140
Interest-bearing balances$1,762
Securities$193,829
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$107,891
Loan loss allowance $1,967
Trading account assets$0
Bank premises and fixed assets$2,512
Other real estate owned$0
Goodwill and other intangibles$88
All other assets$10,780
Life insurance assets$322,240
Total liabilities and capital$292,375
Total liabilities$287,060
Total deposits$264,191
Interest-bearing deposits$287,060
Deposits held in domestic offices$87
% insured (estimated)2511.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$50
Other borrowed funds $0
Subordinated debt $2,754
All other liabilities $29,865
Total equity capital$29,865
Total bank equity capital$29,865
Perpetual preferred stock$0
Common stock$331
Surplus$3,528
Undivided profits $26,006
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $188
Earning assets $0
Long-term assets (5+ years) $2,066
Average Assets, year-to-date $303,482
Average Assets, quarterly $204,646
Volatile liabilities $317,324
Insider loans $324,882
FHLB advances $167,295
Loans and leases held for sale $319,557
Unused loan commitments $2,880
Tier 1 (core) risk-based capital $2,880
Tier 2 risk-based capital $24,725
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $31,463
Derivatives$7,085
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $14,249
Total interest expense $3,857
Net interest income $10,392
Provision for loan and lease losses $576
Total noninterest income $1,423
Fiduciary activities $35
Service charges on deposit accounts $443
Trading account gains & fees $0
Additional noninterest income $945
Total noninterest expense $5,905
Salaries and employee benefits $3,414
Premises and equipment expense $813
Additional noninterest expense $1,678
Pre-tax net operating income $5,334
Securities gains (losses) -$297
Applicable income taxes $1,134
Income before extraordinary items $3,903
Extraordinary gains - net $0
Net income attributable to bank $3,903
Net charge-offs $0
Cash dividends $3,903
Sale, conversion, retirement of capital stock, net $30
Net operating income $1,300
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.79%
Cost of funding earning assets 1.30%
Net interest margin 3.49%
Noninterest income to earning assets 0.48%
Noninterest expense to earning assets 1.98%
Net operating income to assets 1.30%
Return on assets (ROA) 1.23%
Pretax return on assets 1.59%
Return on equity (ROE) 15.09%
Retained earnings to average equity (YTD only) 10.06%
Net charge-offs to loans 0.03%
Credit loss provision to net charge-offs 1920.00%
Efficiency ratio197.00%
Assets per employee$49,979
Cash dividends to net income (YTD only)5.04%
Condition Ratios (%)
Loss allowance to loans 33.31%
Loss allowance to noncurrent loans 1.79%
Noncurrent assets plus other real estate owned to assets 1046.28%
Noncurrent loans to loans 0.06%
Net loans and leases to deposits0.17%
Net loans and leases to core deposits 37.58%
Equity capital to assets 38.46%
Core capital (leverage) ratio 9.27%
Tier 1 risk-based capital ratio 7.74%
Total risk-based capital ratio 14.78%
Memoranda
Average assets$16
Average earning assets$317,324
Average equity $25,862
Average loans $297,784
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$13,729
Number of Accounts1
Personal trust and agency accounts$2,879
Employee benefit-defined contribution accounts$1,213
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$1,666
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts8
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$10,850
Corporate trust and agency accounts$0
Other fiduciary accounts$10,847
Fiduciary accounts held in foreign offices$3
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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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