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Wayne Savings Bancshares, Inc. - Sales Analysis Snapshot
Business Description This Report provides a comprehensive Sales & Margin summary analysis for Wayne Savings Bancshares, Inc. Tabular results include up to a ten-year history on Sales, EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization), Income before Extraordinary Items and number of Employees. Additional ratios are included for sales growth, earnings and income as a percent of sales and Sales per Employee.
Wayne Savings Bancshares, Inc.. The Group's principal activity is to accept deposits from the general public and apply those funds to originate loans for residential, consumer and nonresidential purposes. The Group accepts deposits such as NOW accounts, passbook savings, money market deposit, term certificate accounts and commercial repurchase agreements. The Group provides one- to four-family residential, real estate loans, multi-family residential, commercial and non-residential real estate loans. The Group also originates consumer loans and to a lesser extent, construction loans. It invests in mortgage-backed securities and currently maintains a significant portion of its assets in liquid investments, such as United States Government securities, federal funds and deposits in other financial institutions. The primary lending and deposit gathering area of the Group includes Wayne, Holmes, Ashland, Stark and Medina counties in Ohio where it operates eleven full-service offices.
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