Woori America Bank

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Woori America Bank Locations

Deposit Rates - April 20, 2021

Overview 2021

General Bank Information

FDIC Insured Yes
FDIC Certificate # 24920
Date Established 1984
Assets $ 2.26 billion
Loans $ 1,785.33 million
Deposits $ 1,941.55 million
Capital $ 292.61 million

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $ 230.93 million
Interest-bearing balances $ 200.80 million
Total securities $ 172.49 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 1,785.33 million
Loan loss allowance $ 24.55 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 1.84 million
All other assets $ 59.98 million
     Total Assets $ 1,968.85 million

LIABILITIES
Total deposits $ 1,941.55 million
      Interest-bearing deposits $ 1,134.39 million
      Deposits held in domestic offices $ 1,941.55 million
      % insured (estimated) 54.35%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 14.72 million
Subordinated debt N.A.
All other liabilities $ 12.58 millionn
      Total Liabilities $ 1,968.85 million
      Shareholders’ Equity $ 292.61 million

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $ 75.10 million
Total Interest Expense $ 11.64 million
Net interest income $ 63.46 million
Provision for loan and lease losses $ 9.88 million
Total non interest income $ 7.55 million
Total non interest expense $ 51.25 million
Pre-tax Net Operating Income $ 9.88 million

Woori America Bank is an FDIC insured institution headquartered at 330 Fifth Avenue, New York, NY 10001.
It was founded in 1984 and has approximately $2 billion in assets. Customers can open an account at one of its 19 branches.