401k Plan data: WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN plan

WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 401k Plan overview

Plan Name	WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN
Plan identification number	001

WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

WOODLANDS BANK has sponsored the creation of one or more 401k plans.

Company Name: WOODLANDS BANK

Employer identification number (EIN): 232579286

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01 JANE L. KARNEY 2019-07-11 JANE L. KARNEY 2019-07-11
001 2017-01-01 JANE L. KARNEY 2018-07-26 JANE L. KARNEY 2018-07-26
001 2016-01-01 JANE L. KARNEY 2017-07-18 JANE L. KARNEY 2017-07-18
001 2015-01-01 JANE L. KARNEY 2016-07-08 JANE L. KARNEY 2016-07-08
001 2014-01-01 JANE L. KARNEY 2015-07-16 JANE L. KARNEY 2015-07-16
001 2013-01-01 JANE L. KARNEY 2014-07-02
001 2012-01-01 JANE L. KARNEY 2013-06-13
001 2011-01-01 AL BARRACO 2012-06-11 AL BARRACO 2012-06-11
001 2009-01-01 AL BARRACO

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2023-01-01
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01	JANE L. KARNEY	2019-07-11	JANE L. KARNEY	2019-07-11
001	2017-01-01	JANE L. KARNEY	2018-07-26	JANE L. KARNEY	2018-07-26
001	2016-01-01	JANE L. KARNEY	2017-07-18	JANE L. KARNEY	2017-07-18
001	2015-01-01	JANE L. KARNEY	2016-07-08	JANE L. KARNEY	2016-07-08
001	2014-01-01	JANE L. KARNEY	2015-07-16	JANE L. KARNEY	2015-07-16
001	2013-01-01	JANE L. KARNEY	2014-07-02
001	2012-01-01	JANE L. KARNEY	2013-06-13
001	2011-01-01	AL BARRACO	2012-06-11	AL BARRACO	2012-06-11
001	2009-01-01	AL BARRACO

Plan Statistics for WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN

401k plan membership statisitcs for WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN

Measure Date Value
2023: WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 130
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 104
Number of retired or separated participants receiving benefits 2023-01-01 1
Number of other retired or separated participants entitled to future benefits 2023-01-01 16
Total of all active and inactive participants 2023-01-01 121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 121
Number of participants with account balances 2023-01-01 117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 0
2022: WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 137
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 109
Number of retired or separated participants receiving benefits 2022-01-01 1
Number of other retired or separated participants entitled to future benefits 2022-01-01 19
Total of all active and inactive participants 2022-01-01 129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 129
Number of participants with account balances 2022-01-01 122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 132
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 109
Number of retired or separated participants receiving benefits 2021-01-01 1
Number of other retired or separated participants entitled to future benefits 2021-01-01 26
Total of all active and inactive participants 2021-01-01 136
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 136
Number of participants with account balances 2021-01-01 123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 129
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 111
Number of retired or separated participants receiving benefits 2020-01-01 1
Number of other retired or separated participants entitled to future benefits 2020-01-01 20
Total of all active and inactive participants 2020-01-01 132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 132
Number of participants with account balances 2020-01-01 117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 126
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 107
Number of retired or separated participants receiving benefits 2019-01-01 1
Number of other retired or separated participants entitled to future benefits 2019-01-01 20
Total of all active and inactive participants 2019-01-01 128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 128
Number of participants with account balances 2019-01-01 112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2009: WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 91
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 75
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 13
Total of all active and inactive participants 2009-01-01 88
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 88
Number of participants with account balances 2009-01-01 88
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2023: WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	130
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	104
Number of retired or separated participants receiving benefits	2023-01-01	1
Number of other retired or separated participants entitled to future benefits	2023-01-01	16
Total of all active and inactive participants	2023-01-01	121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	121
Number of participants with account balances	2023-01-01	117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	0
2022: WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	137
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	109
Number of retired or separated participants receiving benefits	2022-01-01	1
Number of other retired or separated participants entitled to future benefits	2022-01-01	19
Total of all active and inactive participants	2022-01-01	129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	129
Number of participants with account balances	2022-01-01	122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	132
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	109
Number of retired or separated participants receiving benefits	2021-01-01	1
Number of other retired or separated participants entitled to future benefits	2021-01-01	26
Total of all active and inactive participants	2021-01-01	136
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	136
Number of participants with account balances	2021-01-01	123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	129
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	111
Number of retired or separated participants receiving benefits	2020-01-01	1
Number of other retired or separated participants entitled to future benefits	2020-01-01	20
Total of all active and inactive participants	2020-01-01	132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	132
Number of participants with account balances	2020-01-01	117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	126
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	107
Number of retired or separated participants receiving benefits	2019-01-01	1
Number of other retired or separated participants entitled to future benefits	2019-01-01	20
Total of all active and inactive participants	2019-01-01	128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	128
Number of participants with account balances	2019-01-01	112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2009: WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	91
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	75
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	13
Total of all active and inactive participants	2009-01-01	88
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	88
Number of participants with account balances	2009-01-01	88
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN

Measure	Date	Value
2023 : WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets	2023-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$100,898
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$87,153
Total income from all sources (including contributions)	2023-12-31	$2,303,612
Total loss/gain on sale of assets	2023-12-31	$0
Total of all expenses incurred	2023-12-31	$595,150
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-12-31	$566,523
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-12-31	$760,354
Value of total assets at end of year	2023-12-31	$10,377,036
Value of total assets at beginning of year	2023-12-31	$8,654,829
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-12-31	$28,627
Total interest from all sources	2023-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2023-12-31	$283,614
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2023-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2023-12-31	$283,614
Was this plan covered by a fidelity bond	2023-12-31	Yes
Value of fidelity bond cover	2023-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2023-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2023-12-31	No
Contributions received from participants	2023-12-31	$515,179
Income. Received or receivable in cash from other sources (including rollovers)	2023-12-31	$11,849
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2023-12-31	$100,898
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2023-12-31	$87,153
Total non interest bearing cash at end of year	2023-12-31	$100,898
Total non interest bearing cash at beginning of year	2023-12-31	$87,153
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2023-12-31	No
Value of net income/loss	2023-12-31	$1,708,462
Value of net assets at end of year (total assets less liabilities)	2023-12-31	$10,276,138
Value of net assets at beginning of year (total assets less liabilities)	2023-12-31	$8,567,676
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2023-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2023-12-31	No
Were any leases to which the plan was party in default or uncollectible	2023-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2023-12-31	$9,606,057
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2023-12-31	$7,978,911
Value of interest in common/collective trusts at end of year	2023-12-31	$670,081
Value of interest in common/collective trusts at beginning of year	2023-12-31	$588,765
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2023-12-31	$1,245,211
Net investment gain or loss from common/collective trusts	2023-12-31	$14,433
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2023-12-31	No
Was there a failure to transmit to the plan any participant contributions	2023-12-31	No
Has the plan failed to provide any benefit when due under the plan	2023-12-31	No
Contributions received in cash from employer	2023-12-31	$233,326
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-12-31	$566,523
Did the plan have assets held for investment	2023-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2023-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2023-12-31	No
Opinion of an independent qualified public accountant for this plan	2023-12-31	Unqualified
Accountancy firm name	2023-12-31	LARSON, KELLETT & ASSOCIATES, P.C.
Accountancy firm EIN	2023-12-31	232723863
2022 : WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$87,153
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$423,709
Total income from all sources (including contributions)	2022-12-31	$-1,317,658
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$1,559,253
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$1,528,606
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$690,358
Value of total assets at end of year	2022-12-31	$8,654,829
Value of total assets at beginning of year	2022-12-31	$11,868,296
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$30,647
Total interest from all sources	2022-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$336,461
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$336,461
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$468,170
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$3,410
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2022-12-31	$87,153
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2022-12-31	$423,709
Other income not declared elsewhere	2022-12-31	$64
Administrative expenses (other) incurred	2022-12-31	$30,647
Total non interest bearing cash at end of year	2022-12-31	$87,153
Total non interest bearing cash at beginning of year	2022-12-31	$423,709
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-2,876,911
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$8,567,676
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$11,444,587
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$7,978,911
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$10,777,295
Value of interest in common/collective trusts at end of year	2022-12-31	$588,765
Value of interest in common/collective trusts at beginning of year	2022-12-31	$665,603
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-2,354,426
Net investment gain or loss from common/collective trusts	2022-12-31	$9,885
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$218,778
Employer contributions (assets) at beginning of year	2022-12-31	$1,689
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$1,528,606
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	LARSON, KELLETT & ASSOCIATES, P.C.
Accountancy firm EIN	2022-12-31	232723863
2021 : WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$423,709
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$123,431
Total income from all sources (including contributions)	2021-12-31	$2,191,807
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$722,407
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$691,688
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$656,750
Value of total assets at end of year	2021-12-31	$11,868,296
Value of total assets at beginning of year	2021-12-31	$10,098,618
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$30,719
Total interest from all sources	2021-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$899,588
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$899,588
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$450,782
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$235
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2021-12-31	$423,709
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2021-12-31	$123,431
Other income not declared elsewhere	2021-12-31	$2
Administrative expenses (other) incurred	2021-12-31	$30,719
Total non interest bearing cash at end of year	2021-12-31	$423,709
Total non interest bearing cash at beginning of year	2021-12-31	$123,431
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$1,469,400
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$11,444,587
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$9,975,187
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$10,777,295
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$9,244,626
Value of interest in common/collective trusts at end of year	2021-12-31	$665,603
Value of interest in common/collective trusts at beginning of year	2021-12-31	$730,063
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$625,979
Net investment gain or loss from common/collective trusts	2021-12-31	$9,488
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$205,733
Employer contributions (assets) at end of year	2021-12-31	$1,689
Employer contributions (assets) at beginning of year	2021-12-31	$498
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$691,688
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	LARSON, KELLETT & ASSOCIATES, P.C.
Accountancy firm EIN	2021-12-31	232723863
2020 : WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$123,431
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$73,647
Total income from all sources (including contributions)	2020-12-31	$2,112,680
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$255,525
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$233,674
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$658,135
Value of total assets at end of year	2020-12-31	$10,098,618
Value of total assets at beginning of year	2020-12-31	$8,191,679
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$21,851
Total interest from all sources	2020-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$410,802
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$410,802
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$452,119
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$3,555
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2020-12-31	$123,431
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2020-12-31	$73,647
Other income not declared elsewhere	2020-12-31	$27
Administrative expenses (other) incurred	2020-12-31	$21,851
Total non interest bearing cash at end of year	2020-12-31	$123,431
Total non interest bearing cash at beginning of year	2020-12-31	$73,647
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$1,857,155
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$9,975,187
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$8,118,032
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$9,244,626
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$7,419,860
Value of interest in common/collective trusts at end of year	2020-12-31	$730,063
Value of interest in common/collective trusts at beginning of year	2020-12-31	$698,172
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$1,028,982
Net investment gain or loss from common/collective trusts	2020-12-31	$14,734
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$202,461
Employer contributions (assets) at end of year	2020-12-31	$498
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$233,674
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	LARSON, KELLETT & ASSOCIATES, P.C.
Accountancy firm EIN	2020-12-31	232723863
2019 : WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$73,647
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$75,459
Total income from all sources (including contributions)	2019-12-31	$2,145,121
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$469,369
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$445,063
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$639,240
Value of total assets at end of year	2019-12-31	$8,191,679
Value of total assets at beginning of year	2019-12-31	$6,517,739
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$24,306
Total interest from all sources	2019-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$273,459
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$273,459
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$381,582
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$64,940
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2019-12-31	$73,647
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2019-12-31	$75,459
Administrative expenses (other) incurred	2019-12-31	$24,306
Total non interest bearing cash at end of year	2019-12-31	$73,647
Total non interest bearing cash at beginning of year	2019-12-31	$75,494
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$1,675,752
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$8,118,032
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$6,442,280
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$7,419,860
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$5,784,431
Value of interest in common/collective trusts at end of year	2019-12-31	$698,172
Value of interest in common/collective trusts at beginning of year	2019-12-31	$657,814
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$1,216,669
Net investment gain or loss from common/collective trusts	2019-12-31	$15,753
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$192,718
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$445,063
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	LARSEN, KELLET & ASSOCIATES, P.C.
Accountancy firm EIN	2019-12-31	232723863
2010 : WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$491,668
Expenses. Total of all expenses incurred	2010-12-31	$599,685
Benefits paid (including direct rollovers)	2010-12-31	$588,417
Total plan assets at end of year	2010-12-31	$2,415,373
Total plan assets at beginning of year	2010-12-31	$2,523,390
Value of fidelity bond covering the plan	2010-12-31	$350,000
Total contributions received or receivable from participants	2010-12-31	$152,970
Contributions received from other sources (not participants or employers)	2010-12-31	$1,688
Other income received	2010-12-31	$243,095
Net income (gross income less expenses)	2010-12-31	$-108,017
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$2,415,373
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$2,523,390
Total contributions received or receivable from employer(s)	2010-12-31	$93,915
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$11,268
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2009 : WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN

2023: WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	No
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2009: WOODLANDS BANK RETIREMENT AND INVESTMENT PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

WOODLANDS BANK 401(K) PLAN [EIN = 630481698]

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Company Name:	WOODLANDS BANK
Employer identification number (EIN):	232579286
NAIC Classification:	522110
NAIC Description:	Commercial Banking