Woodsboro Bank in Woodsboro, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches


Woodsboro Bank - Overview

  • General
  • FDIC Certificate #: 5873
    Status: Active
    Federal Reserve ID: 406022
    Date Established: May 01, 1899
    WWW: http://www.woodsborobank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 12844
    FDIC's unique #: 4011
    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: January 01, 1934
    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: 5 North Main Street, Woodsboro, MD 21798
    County: Frederick
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Baltimore
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Washington, DC-MD-VA-WV (#8840)
    Consolidated Metropolitan Statistical Area (CMSA): Washington-Baltimore, DC-MD-VA-WV (#97)
    Combined Statistical Area (CSA): Washington-Baltimore-Northern Virginia, DC-MD-VA-WV (#548)
    Core Based Statistical Area (CBSA): Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    CBSA Metro Statistical Area: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    Core Based Statistical Division: Bethesda-Rockville-Frederick, MD (#13644)
  • History of Changes
  • Corrections
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $218.3 mil
    Equity capital: $18.9 mil
    Deposits held in domestic offices: $183.8 mil
    Return on assets (ROA): 0.15% ($0.3 mil)
    Quarterly return on assets: 0.18% ($0.4 mil)
    Return on Equity (ROE): 1.73% ($0.3 mil)
    Quarterly return on equity: 2.10% ($0.4 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.06% ($131.0 mil)
    Quarterly Pretax return on assets: -0.31% (-$676.7 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
  • 68Total employees (full-time equivalent)
  • $218,302Total assets
  • $38,667Cash and due from depository institutions
  • $34,134Interest-bearing balances
  • $30,291Securities
  • $470Federal funds sold & reverse repurchase agreements
  • $137,012Net loans & leases
  • $3,196Loan loss allowance
  • $0Trading account assets
  • $4,155Bank premises and fixed assets
  • $88Other real estate owned
  • $0Goodwill and other intangibles
  • $218,302Life insurance assets
  • $7,619All other assets
  • $199,414Total liabilities and capital
  • $183,780Total liabilities
  • $138,098Total deposits
  • $183,780Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $15,000Trading liabilities
  • $0Other borrowed funds
  • $634Subordinated debt
  • $18,888All other liabilities
  • $18,888Total equity capital
  • $18,888Total bank equity capital
  • $0Perpetual preferred stock
  • $4,108Common stock
  • $1,484Surplus
  • $13,296Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,950Income earned, not collected on loans
  • $167Earning assets
  • $883Long-term assets (5+ years)
  • $201,907Average Assets, year-to-date
  • $41,364Average Assets, quarterly
  • $218,573Volatile liabilities
  • $217,989Insider loans
  • $140,882FHLB advances
  • $217,956Loans and leases held for sale
  • $3,028Unused loan commitments
  • $179Tier 1 (core) risk-based capital
  • $18,024Tier 2 risk-based capital
  • $2,849Total risk weighted assets
  • $0Total unused commitments
  • $14,280Restructured Loans and leases
  • $301Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,385Total interest income
  • $2,064Total interest expense
  • $7,321Net interest income
  • $1,107Provision for loan and lease losses
  • $1,276Total noninterest income
  • $0Fiduciary activities
  • $776Service charges on deposit accounts
  • $0Trading account gains & fees
  • $500Additional noninterest income
  • $7,400Total noninterest expense
  • $4,292Salaries and employee benefits
  • $1,324Premises and equipment expense
  • $1,784Additional noninterest expense
  • $90Pre-tax net operating income
  • $35Securities gains (losses)
  • -$195Applicable income taxes
  • $320Income before extraordinary items
  • $0Extraordinary gains - net
  • $320Net income attributable to bank
  • $0Net charge-offs
  • $320Cash dividends
  • $697Sale, conversion, retirement of capital stock, net
  • $103Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.64%Yield on earning assets
  • 1.02%Cost of funding earning assets
  • 3.62%Net interest margin
  • 0.63%Noninterest income to earning assets
  • 3.66%Noninterest expense to earning assets
  • 0.13%Net operating income to assets
  • 0.15%Return on assets (ROA)
  • 0.06%Pretax return on assets
  • 1.73%Return on equity (ROE)
  • 1.17%Retained earnings to average equity (YTD only)
  • 0.50%Net charge-offs to loans
  • 158.82%Credit loss provision to net charge-offs
  • 1.72%Efficiency ratio
  • 86,077Assets per employee
  • 3.21%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 32.19%Loss allowance to loans
  • 2.28%Loss allowance to noncurrent loans
  • 40.20%Noncurrent assets plus other real estate owned to assets
  • 3.68%Noncurrent loans to loans
  • 5.67%Net loans and leases to deposits
  • 74.55%Net loans and leases to core deposits
  • 78.45%Equity capital to assets
  • 8.65%Core capital (leverage) ratio
  • 8.27%Tier 1 risk-based capital ratio
  • 12.79%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $218,573Average earning assets
  • $18,474Average equity
  • $202,445Average loans

List of branches

  • 7 Maryland Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    04011Woodsboro Bank5 North Main Street, Woodsboro, MD 21798May 01, 1899Full Service Brick and Mortar
    1208298Thurmont Branch143 Frederick Road, Thurmont, MD 21788July 01, 1993Full Service Brick and Mortar
    2208299Monocacy Village Office900 East Street, Frederick, MD 21701June 27, 1997Full Service Brick and Mortar
    3208300West Patrick Street Branch4-6 West Patrick Street, Frederick, MD 21701September 03, 1999Full Service Brick and Mortar
    4208301Frederick Branch40 West Patrick Street, Frederick, MD 21701October 25, 1999Full Service Brick and Mortar
    5360610Guilford Drive Branch7360 Guilford Drive, Suite 100, Frederick, MD 21704June 18, 2001Full Service Brick and Mortar
    6438897Homewood At Crumland Farms BranchHomewood At Crumland Farms, 7407 Willow Road, Frederick, MD 21702December 06, 2004Full Service Brick and Mortar

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