Willamette Community Bank in Albany, Oregon (OR)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Willamette Community Bank in Albany, Oregon (OR)
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Willamette Community Bank - Overview

  • General
  • FDIC Certificate #: 57513
    Status: Active
    Federal Reserve ID: 3187395
    Date Established: May 05, 2003
    WWW: http://www.willamettecommunitybank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 364555
    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: May 05, 2003
    Last Structure Change Effective Date: June 14, 2011
    Last Structure Change Process Date: June 14, 2011
    Last Data Update: June 14, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 333 Lyon Street, S.E., Albany, OR 97321
    County: Linn
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Portland
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Combined Statistical Area (CSA): Albany-Corvallis-Lebanon, OR (#102)
    Core Based Statistical Area (CBSA): Albany-Lebanon, OR (#10540)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $79.3 mil
    Equity capital: $7.3 mil
    Deposits held in domestic offices: $71.9 mil
    Return on assets (ROA): 0.49% ($0.4 mil)
    Quarterly return on assets: 0.50% ($0.4 mil)
    Return on Equity (ROE): 5.56% ($0.4 mil)
    Quarterly return on equity: 5.48% ($0.4 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.77% ($610.9 mil)
    Quarterly Pretax return on assets: 0.77% ($610.9 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
  • 23Total employees (full-time equivalent)
  • $79,343Total assets
  • $2,874Cash and due from depository institutions
  • $2Interest-bearing balances
  • $14,711Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $58,920Net loans & leases
  • $738Loan loss allowance
  • $0Trading account assets
  • $1,821Bank premises and fixed assets
  • $56Other real estate owned
  • $28Goodwill and other intangibles
  • $79,343Life insurance assets
  • $933All other assets
  • $72,003Total liabilities and capital
  • $71,864Total liabilities
  • $61,335Total deposits
  • $71,864Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $139Subordinated debt
  • $7,340All other liabilities
  • $7,340Total equity capital
  • $7,340Total bank equity capital
  • $0Perpetual preferred stock
  • $6,736Common stock
  • $0Surplus
  • $604Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $116Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $291Long-term assets (5+ years)
  • $73,633Average Assets, year-to-date
  • $23,556Average Assets, quarterly
  • $82,187Volatile liabilities
  • $80,455Insider loans
  • $67,469FHLB advances
  • $80,888Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,230Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $8,608Restructured Loans and leases
  • $503Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,992Total interest income
  • $693Total interest expense
  • $3,299Net interest income
  • $4Provision for loan and lease losses
  • $292Total noninterest income
  • $0Fiduciary activities
  • $60Service charges on deposit accounts
  • $0Trading account gains & fees
  • $232Additional noninterest income
  • $2,953Total noninterest expense
  • $1,420Salaries and employee benefits
  • $388Premises and equipment expense
  • $1,145Additional noninterest expense
  • $634Pre-tax net operating income
  • $1Securities gains (losses)
  • $235Applicable income taxes
  • $400Income before extraordinary items
  • $0Extraordinary gains - net
  • $400Net income attributable to bank
  • $0Net charge-offs
  • $400Cash dividends
  • $66Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.30%Yield on earning assets
  • 0.92%Cost of funding earning assets
  • 4.38%Net interest margin
  • 0.39%Noninterest income to earning assets
  • 3.92%Noninterest expense to earning assets
  • 0.49%Net operating income to assets
  • 0.49%Return on assets (ROA)
  • 0.77%Pretax return on assets
  • 5.56%Return on equity (ROE)
  • 5.56%Retained earnings to average equity (YTD only)
  • 0.11%Net charge-offs to loans
  • 6.06%Credit loss provision to net charge-offs
  • 9.67%Efficiency ratio
  • 81,621Assets per employee
  • 3.45%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.24%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.07%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 81.99%Net loans and leases to core deposits
  • 93.12%Equity capital to assets
  • 9.25%Core capital (leverage) ratio
  • 8.94%Tier 1 risk-based capital ratio
  • 10.72%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $82,187Average earning assets
  • $7,191Average equity
  • $75,354Average loans

List of branches

  • 2 Oregon Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0364555Willamette Community Bank333 Lyon Street, S.E., Albany, OR 97321May 05, 2003Full Service Brick and Mortar
    2456874Lebanon Branch1495 S. Main, Lebanon, OR 97355November 20, 2006Full Service Brick and Mortar

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