Willamette Valley Bank in Salem, Oregon (OR)
Overview, Financial Summary, Detailed Financial Reports, Branches

Willamette Valley Bank - Overview

  • General
  • FDIC Certificate #: 57033
    Status: Active
    Federal Reserve ID: 2954497
    Bank Holding Company (Regulatory Top Holder): Oregon Bancorp, Inc. (RSSDID: 3823198, Location: Salem, OR)
    Date Established: October 31, 2000
    WWW: http://www.wvbk.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 334369
    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: October 31, 2000
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 High Street, N.E., Salem, OR 97301
    County: Marion
    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
    Metropolitan Statistical Area (MSA): Salem, OR (#7080)
    Consolidated Metropolitan Statistical Area (CMSA): Portland-Salem, OR-WA (#79)
    Core Based Statistical Area (CBSA): Salem, OR (#41420)
    CBSA Metro Statistical Area: Salem, OR (#41420)
  • History of Changes
  • Corrections
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $121.5 mil
    Equity capital: $15.9 mil
    Deposits held in domestic offices: $102.1 mil
    Return on assets (ROA): 0.57% ($0.7 mil)
    Quarterly return on assets: 1.28% ($1.6 mil)
    Return on Equity (ROE): 4.71% ($0.8 mil)
    Quarterly return on equity: 9.74% ($1.6 mil)
    Net income: $0.7 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.97% ($1,178.9 mil)
    Quarterly Pretax return on assets: 2.20% ($2,673.7 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
  • 98Total employees (full-time equivalent)
  • $121,532Total assets
  • $9,781Cash and due from depository institutions
  • $3,565Interest-bearing balances
  • $1,514Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $97,410Net loans & leases
  • $1,738Loan loss allowance
  • $0Trading account assets
  • $3,074Bank premises and fixed assets
  • $5,741Other real estate owned
  • $0Goodwill and other intangibles
  • $121,532Life insurance assets
  • $4,012All other assets
  • $105,636Total liabilities and capital
  • $102,120Total liabilities
  • $91,410Total deposits
  • $102,120Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $1,516Subordinated debt
  • $15,896All other liabilities
  • $15,896Total equity capital
  • $15,896Total bank equity capital
  • $0Perpetual preferred stock
  • $10,355Common stock
  • $3,359Surplus
  • $2,182Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $20,192Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,405Income earned, not collected on loans
  • $0Earning assets
  • $388Long-term assets (5+ years)
  • $102,489Average Assets, year-to-date
  • $5,317Average Assets, quarterly
  • $128,832Volatile liabilities
  • $120,135Insider loans
  • $97,500FHLB advances
  • $118,314Loans and leases held for sale
  • $1,435Unused loan commitments
  • $1,435Tier 1 (core) risk-based capital
  • $15,901Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,083Restructured Loans and leases
  • $1,587Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,839Total interest income
  • $1,078Total interest expense
  • $4,761Net interest income
  • $145Provision for loan and lease losses
  • $5,642Total noninterest income
  • $0Fiduciary activities
  • $42Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5,600Additional noninterest income
  • $9,014Total noninterest expense
  • $6,064Salaries and employee benefits
  • $1,198Premises and equipment expense
  • $1,752Additional noninterest expense
  • $1,244Pre-tax net operating income
  • $0Securities gains (losses)
  • $512Applicable income taxes
  • $732Income before extraordinary items
  • $0Extraordinary gains - net
  • $732Net income attributable to bank
  • $0Net charge-offs
  • $732Cash dividends
  • -$34Sale, conversion, retirement of capital stock, net
  • $175Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.25%Yield on earning assets
  • 0.97%Cost of funding earning assets
  • 4.28%Net interest margin
  • 5.07%Noninterest income to earning assets
  • 8.11%Noninterest expense to earning assets
  • 0.57%Net operating income to assets
  • 0.57%Return on assets (ROA)
  • 0.97%Pretax return on assets
  • 4.71%Return on equity (ROE)
  • 3.58%Retained earnings to average equity (YTD only)
  • -0.04%Net charge-offs to loans
  • -426.47%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 86,648Assets per employee
  • 1.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 23.91%Loss allowance to loans
  • 1.75%Loss allowance to noncurrent loans
  • 51.04%Noncurrent assets plus other real estate owned to assets
  • 7.53%Noncurrent loans to loans
  • 3.43%Net loans and leases to deposits
  • 95.39%Net loans and leases to core deposits
  • 110.53%Equity capital to assets
  • 13.08%Core capital (leverage) ratio
  • 13.44%Tier 1 risk-based capital ratio
  • 16.31%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $128,832Average earning assets
  • $15,551Average equity
  • $111,204Average loans

List of branches

  • 4 Oregon Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0334369Willamette Valley Bank101 High Street, N.E., Salem, OR 97301October 31, 2000Full Service Brick and Mortar
    1428161Albany Branch1970 14th Avenue, Se, Albany, OR 97321May 20, 2004Full Service Brick and Mortar
    2450582Keizer Branch5140 River Road Ne, Keizer, OR 97303April 03, 2006Full Service Brick and Mortar
    3492948Silverton Branch701a Mcclaine Street, Silverton, OR 97381April 15, 2009Full Service Brick and Mortar

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