Swansea Building Society Financial position As at 31 December 2014 Head office: 11/12 Cradock Street, Swansea, SA1 3EW Results for the year £000 T: 01792 483700 Net interest receivable 4,876 W: swansea-bs.co.uk Other income and charges 235 E:
[email protected] Administrative expenses (2,169) Twitter: @swanseaBS Provisions - bad and doubtful debts (7) Provisions - FSCS levy (157) Established: 1923 Non-executive directors Profit for the year before taxation 2,778 Incorporated: 1923 Chairman, John Mahoney Taxation (602) Auditor: PwC (external) KPMG (Internal) Deputy Chairman, Gwyn Williams Roger Poolman Solicitor: Blake Morgan Paula Kathrens No. of branches: 2 Jeff Herdman Ieuan Griffiths No. of agents: 0 Profit for the year 2,176 No. of estate agency branches: 0 Other principal executives Assets £000 No. of ATMs: 0 General Manager, Company Secretary, Head Liquid assets 66,431 of Compliance and Risk, Adrian Hawes No. of full time staff: 17 Financial Controller, Gareth Stroud Mortgages 160,337 No. of part time staff: 11 Fixed and other assets 920 No. of borrowing members: 1,482 Sales distribution channels for mortgages No. of investing members: 10,795 Branches: 60% Total members: 12,277 Intermediaries: 40% No. of depositors: 360 Total assets 227,688 Executive directors Liabilities £000 Chief Executive, Alun Williams Deputy Chief Executive, Neil Rosser Shares 186,697 Borrowings 26,191 More about the society Other liabilities 951 Subordinated liabilities - The Swansea (then Dillwyn Permanent) Building Society was founded in 1923 by a well known Reserves - general reserves 13,818 local Estate Agent and Valuer, Jno Oliver Watkins, and a small group of other high profile Swansea businessmen.