The Wellsville Bank

The Wellsville Bank is headquartered in Wellsville and is the 247^th largest bank in the state of Kansas. It is also the 6,744^th largest bank in the nation. It was established in 1885 and as of March of 2012, it had grown to 10 employees at 1 location. The Wellsville Bank has a 4-star health rating.

Data for Q1 2012

Institution Statistics The Wellsville Bank FDIC Certificate # 17923 BankRate Report View Year Established 1885 Employees 10 Primary Regulator FDIC Assets and Liabilities Assets $37.94 million Loans $14.85 million Deposits $34.87 million Equity Capital $3.00 million Loan Loss Allowance $303,000 Unbacked Noncurrent Loans $55,000 Real Estate Owned $587,000 Historic Data - March 2011 Assets $34.38 million Equity Capital $2.64 million Loan Loss Allowance $296,000 Unbacked Noncurrent Loans $355,000 Real Estate Owned $72,000 Profit Margin - Quarterly Net Interest Margin 3.73% Return on Assets -0.71% Return on Equity -7.91% Interest Income $366,000

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 The Wellsville Bank had $642,000 in non-current loans and owned real-estate with $3.3 million in equity and loan loss allowances on hand to cover it. This gives The Wellsville Bank a Texas Ratio of 19.43% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for The Wellsville Bank held steady from 14.57% as of March 31, 2011 to 19.43% as of March 31, 2012, resulting in a negative change of 33.34%. This indicates that the balance sheet and financial strength for The Wellsville Bank has held steady in recent periods. Deposit Growth In the past year, The Wellsville Bank has increased its total deposits by $3.24 million, resulting in 10.25% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth The Wellsville Bank has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. The Wellsville Bank has $37.94 million in assets with $3.3 million in equity, resulting in a capitalization level of 8.71%, which is average.

No reviews have been left for this bank yet. Be the first to review.