Willamette Community Bank in Albany, Oregon (OR)



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Willamette Community Bank routing number info

Table of contents:
Willamette Community Bank
GeneralFDIC 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
LocationAddress: 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 ChangesChange in Location
Financial SummaryTotal 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)
Total employees (full-time equivalent)23
Total assets$79,343
Cash and due from depository institutions$2,874
Interest-bearing balances$2
Securities$14,711
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$58,920
Loan loss allowance $738
Trading account assets$0
Bank premises and fixed assets$1,821
Other real estate owned$56
Goodwill and other intangibles$28
All other assets$933
Life insurance assets$79,343
Total liabilities and capital$72,003
Total liabilities$71,864
Total deposits$61,335
Interest-bearing deposits$71,864
Deposits held in domestic offices$94
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $139
All other liabilities $7,340
Total equity capital$7,340
Total bank equity capital$7,340
Perpetual preferred stock$0
Common stock$6,736
Surplus$0
Undivided profits $604
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $116
Income earned, not collected on loans $0
Earning assets $0
Long-term assets (5+ years) $291
Average Assets, year-to-date $73,633
Average Assets, quarterly $23,556
Volatile liabilities $82,187
Insider loans $80,455
FHLB advances $67,469
Loans and leases held for sale $80,888
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $7,230
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $8,608
Derivatives$503
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $3,992
Total interest expense $693
Net interest income $3,299
Provision for loan and lease losses $4
Total noninterest income $292
Fiduciary activities $0
Service charges on deposit accounts $60
Trading account gains & fees $0
Additional noninterest income $232
Total noninterest expense $2,953
Salaries and employee benefits $1,420
Premises and equipment expense $388
Additional noninterest expense $1,145
Pre-tax net operating income $634
Securities gains (losses) $1
Applicable income taxes $235
Income before extraordinary items $400
Extraordinary gains - net $0
Net income attributable to bank $400
Net charge-offs $0
Cash dividends $400
Sale, conversion, retirement of capital stock, net $66
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.30%
Cost of funding earning assets 0.92%
Net interest margin 4.38%
Noninterest income to earning assets 0.39%
Noninterest expense to earning assets 3.92%
Net operating income to assets 0.49%
Return on assets (ROA) 0.49%
Pretax return on assets 0.77%
Return on equity (ROE) 5.56%
Retained earnings to average equity (YTD only) 5.56%
Net charge-offs to loans 0.11%
Credit loss provision to net charge-offs 6.06%
Efficiency ratio9.67%
Assets per employee$81,621
Cash dividends to net income (YTD only)3.45%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.24%
Noncurrent assets plus other real estate owned to assets 0.00%
Noncurrent loans to loans 0.07%
Net loans and leases to deposits0.00%
Net loans and leases to core deposits 81.99%
Equity capital to assets 93.12%
Core capital (leverage) ratio 9.25%
Tier 1 risk-based capital ratio 8.94%
Total risk-based capital ratio 10.72%
Memoranda
Average assets$12
Average earning assets$82,187
Average equity $7,191
Average loans $75,354
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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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