Woodruff Federal Savings and Loan Association in Woodruff, South Carolina (SC)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Woodruff Federal Savings and Loan Association in Woodruff, South Carolina (SC)
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Woodruff Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 29238
    Status: Active
    Federal Reserve ID: 661474
    Date Established: December 14, 1934
    WWW: http://www.woodrufffederal.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 3150
    FDIC's unique #: 42072
    Numeric code: 38
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: December 14, 1934
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 247 North Main Street, Woodruff, SC 29388
    County: Spartanburg
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Columbia Sc
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Greenville-Spartanburg-Anderson, SC (#3160)
    Combined Statistical Area (CSA): Greenville-Spartanburg-Anderson, SC (#273)
    Core Based Statistical Area (CBSA): Spartanburg, SC (#43900)
    CBSA Metro Statistical Area: Spartanburg, SC (#43900)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $97.7 mil
    Equity capital: $29.7 mil
    Deposits held in domestic offices: $66.3 mil
    Return on assets (ROA): 0.50% ($0.5 mil)
    Quarterly return on assets: 0.25% ($0.2 mil)
    Return on Equity (ROE): 1.63% ($0.5 mil)
    Quarterly return on equity: 0.81% ($0.2 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.69% ($673.9 mil)
    Quarterly Pretax return on assets: 0.36% ($351.6 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
  • 9Total employees (full-time equivalent)
  • $97,667Total assets
  • $30,320Cash and due from depository institutions
  • $29,868Interest-bearing balances
  • $4,983Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $53,294Net loans & leases
  • $652Loan loss allowance
  • $0Trading account assets
  • $1,319Bank premises and fixed assets
  • $1,094Other real estate owned
  • $0Goodwill and other intangibles
  • $97,667Life insurance assets
  • $6,657All other assets
  • $67,996Total liabilities and capital
  • $66,333Total liabilities
  • $66,333Total deposits
  • $66,333Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,663Subordinated debt
  • $29,671All other liabilities
  • $29,671Total equity capital
  • $29,671Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $29,671Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,702Income earned, not collected on loans
  • $0Earning assets
  • $310Long-term assets (5+ years)
  • $88,145Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $96,188Volatile liabilities
  • $97,379Insider loans
  • $45,334FHLB advances
  • $97,667Loans and leases held for sale
  • $5,673Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $29,671Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,084Restructured Loans and leases
  • $267Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,395Total interest income
  • $1,006Total interest expense
  • $2,389Net interest income
  • $90Provision for loan and lease losses
  • $112Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $112Additional noninterest income
  • $1,749Total noninterest expense
  • $1,196Salaries and employee benefits
  • $308Premises and equipment expense
  • $245Additional noninterest expense
  • $662Pre-tax net operating income
  • $0Securities gains (losses)
  • $181Applicable income taxes
  • $481Income before extraordinary items
  • $0Extraordinary gains - net
  • $481Net income attributable to bank
  • $0Net charge-offs
  • $481Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.91%Yield on earning assets
  • 1.16%Cost of funding earning assets
  • 2.75%Net interest margin
  • 0.13%Noninterest income to earning assets
  • 2.02%Noninterest expense to earning assets
  • 0.50%Net operating income to assets
  • 0.50%Return on assets (ROA)
  • 0.69%Pretax return on assets
  • 1.63%Return on equity (ROE)
  • 1.63%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 69,932Assets per employee
  • 10.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.21%Loss allowance to noncurrent loans
  • 38.31%Noncurrent assets plus other real estate owned to assets
  • 2.86%Noncurrent loans to loans
  • 3.16%Net loans and leases to deposits
  • 80.34%Net loans and leases to core deposits
  • 83.77%Equity capital to assets
  • 30.38%Core capital (leverage) ratio
  • 30.38%Tier 1 risk-based capital ratio
  • 65.45%Total risk-based capital ratio
  • Memoranda
  • $67Average assets
  • $96,188Average earning assets
  • $29,464Average equity
  • $86,746Average loans

List of branches

  • 1 South Carolina Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042072Woodruff Federal Savings And Loan As247 North Main Street, Woodruff, SC 29388December 14, 1934Full Service Brick and Mortar

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