Williamstown Bank

435 Highland Avenue
Williamstown, WV 26187
(304)375-6262
www.williamstownbank.com

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Williamstown Bank is headquartered in Williamstown and is the 37^th largest bank in the state of West Virginia. It is also the 3,891^st largest bank in the nation. It was established in 1919 and as of December of 2012, it had grown to 32 employees at 2 locations. Williamstown Bank's savings rates are 46% higher than the national average, and it has a 4-star health rating.

Williamstown Bank RCA Rate Change (2.55%,$25K) To (2.01%,$25K) Effective 1/12/13 (Forum) - 12/28/2012

Change is effective as of the close of the current cycle on 1/11/13, but their website is already reflecting the new rate.

Rewards And Real Saver Rate And Cap Drop. (Forum) - 3/14/2011

Willamstown Bank Rate has dropped to 3.05% from 3.55% with the cap dropping to 25k from 35k. Over 25K earns 0.5%. Realsaver account has dropped to 1.26% from 1.76%

Limit Is Only 35K Not 50K (Forum) - 4/6/2010

limit is only 35k not 50k

High-Yield Reward Checking Account at a West Virginia Bank (Williamstown) - 2/29/2008

Update 10/04/09: The top yield has fallen to 3.91% APY.Williamstown Bank is offering a reward checking account that pays 3.91% APY on balances up to $50,000 (1.26% for above) and refunds ATM fees (up to $20 per cycle) if the following requirements are...

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See Rates for: Checking | Savings | Money Market | CD | IRA

Williamstown Bank Checking Account Rates

	Apy	Min	Max	Product
	2.01%	-	$25k	Free Reward Checking

Williamstown Bank Savings Account Rates

Apy	Min	Max	Product
0.76%	-	$50k	RealSaver Savings
0.25%	-	-	Statement Savings
0.10%	$1k	-	Super Now Savings

Williamstown Bank Money Market Rates

	Apy	Min	Max	Product
	0.25%	$25k	-	Hi-Fi Money Market

Williamstown Bank CD Rates

Apy	Min	Max	Product
1.16%	$500	-	60 Month CD
0.80%	$500	-	48 Month CD
0.50%	$1k	-	27 Month CD
0.45%	$500	-	36 Month Rate Choice Certificate
0.40%	$1k	-	15 Month CD
0.40%	$500	-	24 Month Rate Choice Certificate
0.35%	$500	-	12 Month CD
0.25%	$1k	-	9 Month Non-renewable CD
0.20%	$1k	-	182 Day CD
0.15%	$1k	-	91 Day CD

Williamstown Bank IRA Rates

Apy	Min	Max	Product
1.16%	$500	-	60 Month IRA
1.16%	$500	-	60 Month Roth IRA
0.80%	$500	-	48 Month IRA
0.80%	$500	-	48 Month Roth IRA
0.50%	$1k	-	27 Month IRA
0.50%	$1k	-	27 Month Roth IRA
0.45%	$500	-	36 Month IRA
0.45%	$500	-	36 Month Roth IRA
0.40%	$1k	-	15 Month IRA
0.40%	$500	-	24 Month IRA
0.40%	$1k	-	15 Month Roth IRA
0.40%	$500	-	24 Month Roth IRA
0.35%	$500	-	12 Month IRA
0.35%	$500	-	12 Month Roth IRA
0.25%	$1k	-	9 Month IRA
0.25%	$1k	-	9 Month Roth IRA
0.20%	$1k	-	182 Day IRA
0.20%	$1k	-	182 Day Roth IRA
0.15%	$1k	-	91 Day IRA
0.15%	$1k	-	91 Day Roth IRA

Rates updated: 5/19/2013

Data for Q4 2012

Institution Statistics

Williamstown Bank, Inc.
FDIC Certificate #	14744
BankRate Report	View
Year Established	1919
Employees	32
Primary Regulator	FDIC
Assets and Liabilities
Assets	$145.81 million
Loans	$107.09 million
Deposits	$130.47 million
Equity Capital	$14.90 million
Loan Loss Allowance	$1.23 million
Unbacked Noncurrent Loans	$1.40 million
Historic Data - December 2011
Assets	$133.08 million
Equity Capital	$13.67 million
Loan Loss Allowance	$1.15 million
Unbacked Noncurrent Loans	$60,000
Profit Margin - Quarterly
Net Interest Margin	4.25%
Return on Assets	1.16%
Return on Equity	11.37%
Interest Income	$6.72 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 December 31, 2012 Williamstown Bank had $1.4 million in non-current loans and owned real-estate with $16.13 million in equity and loan loss allowances on hand to cover it. This gives Williamstown Bank a Texas Ratio of 8.65% 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 Williamstown Bank increased slightly from 0.40% as of December 31, 2011 to 8.65% as of December 31, 2012, resulting in a negative change of 2,036.56%. This indicates that the balance sheet and financial strength for Williamstown Bank has declined slightly in recent periods.
Deposit Growth
In the past year, Williamstown Bank has increased its total deposits by $11.65 million, resulting in 9.8% 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 Williamstown 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. Williamstown Bank has $145.8 million in assets with $16.13 million in equity, resulting in a capitalization level of 11.06%, which is above average.