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The New Washington State Bank
The New Washington State Bank
RSSD ID 305442 | CERTIFICATE 13305 | ABA NUMBER 83008650 |
402 E Main St |
Quarter Ended : |
2025-03-31 |
New Washington, Indiana, 47162 |
Updated : |
2025-04-29 |
www.newwashbank.com |
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Institution Profile |
Year Opened : |
1908 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
Filing Type : |
051 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
10 |
Number of Employees : |
101 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 614,653 |
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Total Interest Income | 7,647 |
Total Liabilities | 565,924 |
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Total NonInterest Income | 724 |
Total Bank Equity Capital | 48,729 |
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Total Interest Expense | 2,493 |
Total Deposits | 560,871 |
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Total NonInterest Expense | 4,297 |
Net Loans & Leases | 420,205 |
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Net Income | 1,352 |
Loan Loss Allowance | 4,645 |
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Net Charge Offs | 25 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Community Bank Leverage Ratio | Yes |
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Total loans | 417,147 |
Total assets for the leverage ratio | 612,084 |
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Loans secured by real estate: | 279,574 |
Tier 1 Leverage Ratio | 9.93 |
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Commercial and industrial loans | 71,030 |
Off Balance Sheet Exposures (%) | 10.86 |
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Loans to individuals - Credit Cards | 0 |
Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 43,788 |
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