Greenfield Savings Bank

Greenfield Savings Bank is headquartered in Greenfield and is the 40^th largest bank in the state of Massachusetts. It is also the 1,022^nd largest bank in the nation. It was established in 1869 and as of March of 2012, it had grown to 129 employees at 6 locations. Greenfield Savings Bank has a 4-star health rating.

Greenfield Savings Bank Routing Number: 211870799

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Data for Q1 2012

Institution Statistics Greenfield Savings Bank FDIC Certificate # 90206 BankRate Report View Year Established 1869 Employees 129 Primary Regulator FDIC Assets and Liabilities Assets $647.49 million Loans $430.27 million Deposits $466.53 million Equity Capital $68.91 million Loan Loss Allowance $5.17 million Unbacked Noncurrent Loans $5.05 million Real Estate Owned $918,000 Historic Data - March 2011 Assets $618.96 million Equity Capital $64.77 million Loan Loss Allowance $4.59 million Unbacked Noncurrent Loans $3.13 million Real Estate Owned $114,000 Profit Margin - Quarterly Net Interest Margin 3% Return on Assets 0.43% Return on Equity 4.05% Interest Income $6.23 million

Institution Health Overall Score: 4 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 March 31, 2012 Greenfield Savings Bank had $5.96 million in non-current loans and owned real-estate with $74.08 million in equity and loan loss allowances on hand to cover it. This gives Greenfield Savings Bank a Texas Ratio of 8.05% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Greenfield Savings Bank held steady from 5.31% as of March 31, 2011 to 8.05% as of March 31, 2012, resulting in a negative change of 51.71%. This indicates that the balance sheet and financial strength for Greenfield Savings Bank has held steady in recent periods. Deposit Growth In the past year, Greenfield Savings Bank has increased its total deposits by $25.24 million, resulting in 5.72% 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 Greenfield Savings Bank 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. Greenfield Savings Bank has $647.49 million in assets with $74.08 million in equity, resulting in a capitalization level of 11.44%, which is above average.

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