Wawel Savings Bank

Wawel Savings Bank is headquartered in Wallington and is the 107^th largest bank in the state of New Jersey. It is also the 5,016^st largest bank in the nation. It was established in 1920 and as of March of 2012, it had grown to 21 employees at 2 locations. Wawel Savings Bank has a 4-star health rating.

Data for Q1 2012

Institution Statistics Wawel Bank OTS # 08063 FDIC Certificate # 32260 BankRate Report View Year Established 1920 Employees 21 Primary Regulator OCC Assets and Liabilities Assets $97.60 million Loans $56.19 million Deposits $77.54 million Equity Capital $15.54 million Loan Loss Allowance $1.22 million Unbacked Noncurrent Loans $4.05 million Real Estate Owned $199,000 Historic Data - March 2011 Assets $94.04 million Equity Capital $17.61 million Loan Loss Allowance $710,000 Unbacked Noncurrent Loans $5.28 million Real Estate Owned $284,000 Profit Margin - Quarterly Net Interest Margin 4.98% Return on Assets 0.34% Return on Equity 2.14% Interest Income $1.19 million

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 Wawel Savings Bank had $4.25 million in non-current loans and owned real-estate with $16.76 million in equity and loan loss allowances on hand to cover it. This gives Wawel Savings Bank a Texas Ratio of 25.34% 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 Wawel Savings Bank decreased slightly from 30.38% as of March 31, 2011 to 25.34% as of March 31, 2012, resulting in a positive change of 16.56%.This indicates that the balance sheet and financial strength for Wawel Savings Bank has improved slightly in recent periods. Deposit Growth In the past year, Wawel Savings Bank has increased its total deposits by $1.97 million, resulting in 2.6% 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 Wawel Savings Bank has shown is above 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. Wawel Savings Bank has $97.6 million in assets with $16.76 million in equity, resulting in a capitalization level of 17.17%, which is excellent.

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