Bank of Georgetown

Bank of Georgetown is headquartered in Washington and is the largest bank in the state of District of Columbia. It is also the 1,168^th largest bank in the nation. It was established in 2005 and as of September of 2011, it had grown to 89 employees at 9 locations. Bank of Georgetown's savings rates are 92% higher than the national average, and it boasts a 5-star health rating.

Bank of Georgetown Routing Number: 054001712

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Data for Q3 2011

Institution Statistics Bank of Georgetown FDIC Certificate # 57941 BankRate Report View Year Established 2005 Employees 89 Primary Regulator FDIC Assets and Liabilities Assets $572.53 million Loans $393.59 million Deposits $458.10 million Equity Capital $73.58 million Loan Loss Allowance $4.69 million Unbacked Noncurrent Loans $4.67 million Real Estate Owned $1.53 million Historic Data - September 2010 Assets $462.40 million Equity Capital $47.48 million Loan Loss Allowance $3.83 million Unbacked Noncurrent Loans $2.68 million Real Estate Owned $360,000 Profit Margin - Quarterly Net Interest Margin 3.95% Return on Assets 0.43% Return on Equity 3.77% Interest Income $18.37 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 Bank of Georgetown had $6.2 million in non-current loans and owned real-estate with $78.27 million in equity and loan loss allowances on hand to cover it. This gives Bank of Georgetown a Texas Ratio of 7.93% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Bank of Georgetown held steady from 5.93% as of September 30, 2010 to 7.93% as of September 30, 2011, resulting in a negative change of 33.62%. This indicates that the balance sheet and financial strength for Bank of Georgetown has held steady in recent periods. Deposit Growth In the past year, Bank of Georgetown has increased its total deposits by $95.97 million, resulting in 26.5% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bank of Georgetown has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bank of Georgetown has $572.53 million in assets with $78.27 million in equity, resulting in a capitalization level of 13.67%, which is excellent.

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