West View Savings Bank in Pittsburgh, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

West View Savings Bank - Overview

  • General
  • FDIC Certificate #: 27760
    Status: Active
    Federal Reserve ID: 842376
    Bank Holding Company (Regulatory Top Holder): Wvs Financial Corp. (RSSDID: 2140115, Location: Pittsburgh, PA)
    Date Established: January 01, 1908
    WWW: http://www.wvsbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    OTS Docket #: 234
    FDIC's unique #: 40594
    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: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: August 20, 1941
    Last Structure Change Effective Date: October 15, 2010
    Last Structure Change Process Date: October 15, 2010
    Last Data Update: October 15, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 9001 Perry Highway, Pittsburgh, PA 15237
    County: Allegheny
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Wexford
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Pittsburgh, PA (#6280)
    Combined Statistical Area (CSA): Pittsburgh-New Castle, PA (#430)
    Core Based Statistical Area (CBSA): Pittsburgh, PA (#38300)
    CBSA Metro Statistical Area: Pittsburgh, PA (#38300)
  • Financial Summary
  • Total assets: $253.2 mil
    Equity capital: $28.1 mil
    Deposits held in domestic offices: $142.0 mil
    Return on assets (ROA): 0.67% ($1.7 mil)
    Quarterly return on assets: 0.34% ($0.9 mil)
    Return on Equity (ROE): 5.93% ($1.7 mil)
    Quarterly return on equity: 2.86% ($0.8 mil)
    Net income: $1.6 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.98% ($2,481.4 mil)
    Quarterly Pretax return on assets: 0.78% ($1,975.0 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
  • 44Total employees (full-time equivalent)
  • $253,204Total assets
  • $4,585Cash and due from depository institutions
  • $2,336Interest-bearing balances
  • $189,935Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $45,946Net loans & leases
  • $451Loan loss allowance
  • $0Trading account assets
  • $564Bank premises and fixed assets
  • $417Other real estate owned
  • $0Goodwill and other intangibles
  • $253,204Life insurance assets
  • $11,757All other assets
  • $225,094Total liabilities and capital
  • $142,028Total liabilities
  • $125,387Total deposits
  • $142,028Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $82,252Trading liabilities
  • $0Other borrowed funds
  • $814Subordinated debt
  • $28,110All other liabilities
  • $28,110Total equity capital
  • $28,110Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $3,363Surplus
  • $24,747Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,097Income earned, not collected on loans
  • $0Earning assets
  • $1,476Long-term assets (5+ years)
  • $238,217Average Assets, year-to-date
  • $69,249Average Assets, quarterly
  • $244,892Volatile liabilities
  • $237,679Insider loans
  • $153,679FHLB advances
  • $231,239Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $29,878Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $9,942Restructured Loans and leases
  • $15Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,822Total interest income
  • $2,179Total interest expense
  • $5,643Net interest income
  • -$70Provision for loan and lease losses
  • $484Total noninterest income
  • $0Fiduciary activities
  • $223Service charges on deposit accounts
  • $0Trading account gains & fees
  • $261Additional noninterest income
  • $3,654Total noninterest expense
  • $1,970Salaries and employee benefits
  • $307Premises and equipment expense
  • $1,377Additional noninterest expense
  • $2,543Pre-tax net operating income
  • -$131Securities gains (losses)
  • $779Applicable income taxes
  • $1,633Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,633Net income attributable to bank
  • $0Net charge-offs
  • $1,633Cash dividends
  • $140Sale, conversion, retirement of capital stock, net
  • $340Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.41%Yield on earning assets
  • 0.95%Cost of funding earning assets
  • 2.46%Net interest margin
  • 0.21%Noninterest income to earning assets
  • 1.59%Noninterest expense to earning assets
  • 0.70%Net operating income to assets
  • 0.67%Return on assets (ROA)
  • 0.98%Pretax return on assets
  • 5.93%Return on equity (ROE)
  • 4.70%Retained earnings to average equity (YTD only)
  • 0.28%Net charge-offs to loans
  • -50.00%Credit loss provision to net charge-offs
  • 17.66%Efficiency ratio
  • 59,638Assets per employee
  • 5.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 20.82%Loss allowance to loans
  • 0.97%Loss allowance to noncurrent loans
  • 41.11%Noncurrent assets plus other real estate owned to assets
  • 0.60%Noncurrent loans to loans
  • 2.36%Net loans and leases to deposits
  • 32.35%Net loans and leases to core deposits
  • 32.35%Equity capital to assets
  • 11.10%Core capital (leverage) ratio
  • 12.92%Tier 1 risk-based capital ratio
  • 19.44%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $244,892Average earning assets
  • $27,529Average equity
  • $229,420Average loans

List of branches

  • 6 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    040594West View Savings Bank9001 Perry Highway, Pittsburgh, PA 15237January 01, 1908Full Service Brick and Mortar
    1263311West View Branch456 Perry Highway, Pittsburgh, PA 15229January 01, 1908Full Service Brick and Mortar
    100263312Cranberry Branch20531 Perry Hwy, Cranberry Township, PA 16066January 01, 1908Full Service Brick and Mortar
    101263313Sherwood Oaks Branch100 Norman Drive, Cranberry Township, PA 16066January 01, 1908Limited Service Facility
    102263314Franklin Park Branch2566 Brandt School Road, Wexford, PA 15090June 30, 1987Full Service Brick and Mortar
    10340703Bellevue Branch572 Lincoln Ave, Pittsburgh, PA 15202January 01, 1903Full Service Brick and Mortar

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