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WCF Bancorp (WCF Bancorp) Net Interest Margin (Bank Only) % : 2.60% (As of Dec. 2018)


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What is WCF Bancorp Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. WCF Bancorp's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2018 was $3.04 Mil. WCF Bancorp's average earning assets for the quarter that ended in Dec. 2018 was $116.56 Mil. Therefore, WCF Bancorp's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2018 was 2.60%.


WCF Bancorp Net Interest Margin (Bank Only) % Historical Data

The historical data trend for WCF Bancorp's Net Interest Margin (Bank Only) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WCF Bancorp Net Interest Margin (Bank Only) % Chart

WCF Bancorp Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec15 Dec16 Dec17 Dec18
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.63 3.48 3.08 2.87 2.60

WCF Bancorp Semi-Annual Data
Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec15 Dec16 Dec17 Dec18
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.63 3.48 3.08 2.87 2.60

Competitive Comparison of WCF Bancorp's Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, WCF Bancorp's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


WCF Bancorp's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, WCF Bancorp's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where WCF Bancorp's Net Interest Margin (Bank Only) % falls into.



WCF Bancorp Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

WCF Bancorp's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2018 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2018 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2017 ) + Earning Assets (A: Dec. 2018 ))/ count )
=3.035/( (114.36 + 118.751)/ 2 )
=3.035/116.5555
=2.60 %

where

Earning Assets(A: Dec. 2017 )
=Money Market Investments + Net Loan + Securities & Investments
=2.672 + 68.411 + 43.277
=114.36

Earning Assets(A: Dec. 2018 )
=Money Market Investments + Net Loan + Securities & Investments
=11.175 + 63.806 + 43.77
=118.751

WCF Bancorp's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2018 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2018 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Dec. 2017 ) + Earning Assets (Q: Dec. 2018 ))/ count )
=3.035/( (114.36 + 118.751)/ 2 )
=3.035/116.5555
=2.60 %

where

Earning Assets(Q: Dec. 2017 )
=Money Market Investments + Net Loan + Securities & Investments
=2.672 + 68.411 + 43.277
=114.36

Earning Assets(Q: Dec. 2018 )
=Money Market Investments + Net Loan + Securities & Investments
=11.175 + 63.806 + 43.77
=118.751

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is one times the annual (Dec. 2018) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


WCF Bancorp  (OTCPK:WCFB) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


WCF Bancorp Net Interest Margin (Bank Only) % Related Terms

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WCF Bancorp (WCF Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
401 Fair Meadow Drive, P.O. Box 638, Webster City, IA, USA, 50595
WCF Bancorp Inc is a bank holding company. It is engaged in the ownership and operation of banks. The business activities of the bank involve accepting deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in real estate loans secured by one-to-four family residences. The bank also originates consumer loans and non-owner occupied one-to-four family residential real estate loans. Its primary sources of funds are deposits, principal and interest payments on loans and securities and advances. It derives revenue principally from the interest on loans and securities, and from loan origination and servicing fees.
Executives
Michelle Zahn officer: Chief Financial Officer 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
Bradley Mickelson director 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
Paul L Moen officer: Chief Financial Officer 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
Michael R Segner director, officer: President and CEO 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
Thomas J Hromatka director C/O NORTH CENTRAL BANCSHARES INC, 825 CENTRAL AVENUE, FORT DODGE IA 50501
Kevin Eason officer: EVP and CCO 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
C Thomas Chalstrom director C/O NORTH CENTRAL BANCSHARES INC, 825 CENTRAL AVE PO BOX 1237, FORT DODGE IA 50501
Kyle R Swon director, officer: SVP 220 DES MOINES ST, PO BOX 638, WEBSTER CITY IA 50595
Stephen L Mourlam director, officer: President and CEO 220 DES MOINES ST, PO BOX 638, WEBSTER CITY IA 50595
Leo Moriarity director 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
Harold J Pursley director, other: Chairman 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
Kasie L Doering officer: CFO 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595

WCF Bancorp (WCF Bancorp) Headlines

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