Williamstown Bank, Inc. in Williamstown, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Williamstown Bank, Inc. in Williamstown, West Virginia (WV)
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Williamstown Bank, Inc. - Overview

  • General
  • FDIC Certificate #: 14744
    Status: Active
    Federal Reserve ID: 918132
    Date Established: January 01, 1919
    WWW: http://www.williamstownbank.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)
    OTS Docket #: 14466
    FDIC's unique #: 9222
    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: August 20, 1934
    Last Structure Change Effective Date: October 03, 2007
    Last Structure Change Process Date: December 21, 2007
    Last Data Update: December 21, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 435 Highland Avenue, Williamstown, WV 26187
    County: Wood
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Scott Depot
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Parkersburg-Marietta, WV-OH (#6020)
    Core Based Statistical Area (CBSA): Parkersburg-Marietta-Vienna, WV-OH (#37620)
    CBSA Metro Statistical Area: Parkersburg-Marietta-Vienna, WV-OH (#37620)
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $133.1 mil
    Equity capital: $13.7 mil
    Deposits held in domestic offices: $118.8 mil
    Return on assets (ROA): 1.10% ($1.5 mil)
    Quarterly return on assets: 1.12% ($1.5 mil)
    Return on Equity (ROE): 10.96% ($1.5 mil)
    Quarterly return on equity: 10.98% ($1.5 mil)
    Net income: $1.4 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.62% ($2,155.9 mil)
    Quarterly Pretax return on assets: 1.82% ($2,422.1 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
  • 33Total employees (full-time equivalent)
  • $133,082Total assets
  • $14,034Cash and due from depository institutions
  • $10,342Interest-bearing balances
  • $12,193Securities
  • $2,593Federal funds sold & reverse repurchase agreements
  • $99,155Net loans & leases
  • $1,149Loan loss allowance
  • $0Trading account assets
  • $2,065Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $133,082Life insurance assets
  • $3,042All other assets
  • $119,412Total liabilities and capital
  • $118,824Total liabilities
  • $104,303Total deposits
  • $118,824Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $588Subordinated debt
  • $13,670All other liabilities
  • $13,670Total equity capital
  • $13,670Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $500Surplus
  • $12,870Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $60Income earned, not collected on loans
  • $0Earning assets
  • $432Long-term assets (5+ years)
  • $124,283Average Assets, year-to-date
  • $46,514Average Assets, quarterly
  • $130,510Volatile liabilities
  • $132,330Insider loans
  • $92,659FHLB advances
  • $130,570Loans and leases held for sale
  • $1,833Unused loan commitments
  • $924Tier 1 (core) risk-based capital
  • $13,669Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $909Total unused commitments
  • $5,232Restructured Loans and leases
  • $188Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,662Total interest income
  • $1,449Total interest expense
  • $5,213Net interest income
  • $306Provision for loan and lease losses
  • $816Total noninterest income
  • $0Fiduciary activities
  • $351Service charges on deposit accounts
  • $0Trading account gains & fees
  • $465Additional noninterest income
  • $3,615Total noninterest expense
  • $1,905Salaries and employee benefits
  • $378Premises and equipment expense
  • $1,332Additional noninterest expense
  • $2,108Pre-tax net operating income
  • $0Securities gains (losses)
  • $674Applicable income taxes
  • $1,434Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,434Net income attributable to bank
  • $0Net charge-offs
  • $1,434Cash dividends
  • $238Sale, conversion, retirement of capital stock, net
  • $480Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.52%Yield on earning assets
  • 1.20%Cost of funding earning assets
  • 4.32%Net interest margin
  • 0.68%Noninterest income to earning assets
  • 3.00%Noninterest expense to earning assets
  • 1.10%Net operating income to assets
  • 1.10%Return on assets (ROA)
  • 1.62%Pretax return on assets
  • 10.96%Return on equity (ROE)
  • 7.29%Retained earnings to average equity (YTD only)
  • 0.25%Net charge-offs to loans
  • 128.57%Credit loss provision to net charge-offs
  • 10.14%Efficiency ratio
  • 59,960Assets per employee
  • 4.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 33.47%Loss allowance to loans
  • 1.15%Loss allowance to noncurrent loans
  • 1915.00%Noncurrent assets plus other real estate owned to assets
  • 0.05%Noncurrent loans to loans
  • 0.06%Net loans and leases to deposits
  • 83.45%Net loans and leases to core deposits
  • 85.60%Equity capital to assets
  • 10.27%Core capital (leverage) ratio
  • 10.47%Tier 1 risk-based capital ratio
  • 14.75%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $130,510Average earning assets
  • $13,083Average equity
  • $120,603Average loans

List of branches

  • 2 West Virginia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09222Williamstown Bank, Inc.435 Highland Avenue, Williamstown, WV 26187January 01, 1919Full Service Brick and Mortar
    1232062Parkersburg Branch3002 East Seventh Street, Parkersburg, WV 26102March 10, 1987Full Service Brick and Mortar

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