Washington Savings Bank (PA)

Washington Savings Bank (PA) is headquartered in Philadelphia and is the 148^th largest bank in the state of Pennsylvania. It is also the 3,476^th largest bank in the nation. It was established in 1903 and as of March of 2012, it had grown to 41 employees at 5 locations. Washington Savings Bank (PA) has a 3-star health rating.

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Data for Q1 2012

Institution Statistics Washington Savings Bank OTS # 03217 FDIC Certificate # 29281 BankRate Report View Year Established 1903 Employees 41 Primary Regulator OCC Assets and Liabilities Assets $174.03 million Loans $112.18 million Deposits $157.10 million Equity Capital $13.83 million Loan Loss Allowance $473,000 Unbacked Noncurrent Loans $285,000 Real Estate Owned $1.35 million Historic Data - March 2011 Assets $180.68 million Equity Capital $13.71 million Loan Loss Allowance $519,000 Unbacked Noncurrent Loans $142,000 Real Estate Owned $1.40 million Profit Margin - Quarterly Net Interest Margin 2.81% Return on Assets 0.07% Return on Equity 0.9% Interest Income $1.57 million

Institution Health Overall Score: 3 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 Washington Savings Bank (PA) had $1.64 million in non-current loans and owned real-estate with $14.3 million in equity and loan loss allowances on hand to cover it. This gives Washington Savings Bank (PA) a Texas Ratio of 11.45% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Washington Savings Bank (PA) held steady from 10.85% as of March 31, 2011 to 11.45% as of March 31, 2012, resulting in a negative change of 5.57%. This indicates that the balance sheet and financial strength for Washington Savings Bank (PA) has held steady in recent periods. Deposit Growth In the past year, Washington Savings Bank (PA) has decreased its total deposits by -$6.26 million, resulting in -3.83% 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 Washington Savings Bank (PA) has shown is below average. 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. Washington Savings Bank (PA) has $174.03 million in assets with $14.3 million in equity, resulting in a capitalization level of 8.22%, which is average.

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