Woodruff Federal Savings and Loan Association
Overview / Commentary
Woodruff Federal Savings and Loan Association is headquartered in WOODRUFF and is the 40th largest bank in the state of South Carolina. It is also the 3,945th largest bank in the nation. It was established in 1934 and as of March of 2023, it had grown to 11 employees at 1 location. Woodruff Federal Savings and Loan Association has a B+ health rating.
Health
B+
Data as of Q1 2023
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Woodruff Federal Savings and Loan Association has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 29238 |
| Year Established | 1934 |
| Employees | 11 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.39% |
| Return on Equity - YTD | 1.12% |
| Annual Interest Income | $854.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2023vs Q1 2022 | $95.7MM$101.2MM |
| Loans | Q1 2023vs Q1 2022 | $56.9MM$55.2MM |
| Deposits | Q1 2023vs Q1 2022 | $61.0MM$67.0MM |
| Equity Capital | Q1 2023vs Q1 2022 | $33.0MM$32.6MM |
| Loan Loss Allowance | Q1 2023vs Q1 2022 | $569.00K$569.00K |
| Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $485.00K$619.00K |
| Real Estate Owned | Q1 2023vs Q1 2022 | $0$0 |