Willamette Community Bank is headquartered in Albany and is the 24th largest bank in the state of Oregon. It is also the 5,132nd largest bank in the nation. It was established in 2003 and as of September of 2013, it had grown to 22 employees at 2 locations. Willamette Community Bank has a A health rating.
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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 September 30, 2013 Willamette Community Bank had $16,000 in non-current loans and owned real-estate with $9.42 million in equity and loan loss allowances on hand to cover it. This gives Willamette Community Bank a Texas Ratio of 0.17% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Willamette Community Bank decreased dramatically from 7.47% as of September 30, 2012 to 0.17% as of September 30, 2013, resulting in a positive change of 97.73%.This indicates that the balance sheet and financial strength for Willamette Community Bank has improved dramatically in recent periods.
In the past year, Willamette Community Bank has decreased its total deposits by -$1.18 million, resulting in -1.51% 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 Willamette Community Bank has shown is average.
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. Willamette Community Bank has $85.93 million in assets with $9.42 million in equity, resulting in a capitalization level of 10.96%, which is above average.
|FDIC Certificate #||57513|
|Assets and Liabilities|
|Equity Capital||$8.65 million|
|Loan Loss Allowance||$772,000|
|Real Estate Owned||$16,000|
|Historic Data - September 2012|
|Equity Capital||$8.38 million|
|Loan Loss Allowance||$794,000|
|Unbacked Noncurrent Loans||$0|
|Real Estate Owned||$48,000|
|Profit Margin - Quarterly|
|Net Interest Margin||4.02%|
|Return on Assets||0.46%|
|Return on Equity||4.67%|
|Interest Income||$2.75 million|
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|Willamette Community Bank Locations|
|Lebanon Branch||1495 S. Main||Lebanon, OR 97355|
|Willamette Community Bank||333 Lyon Street, S.E.||Albany, OR 97321|