PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Bank of Georgetown

Washington, DC · Cert 57941

FDIC · 11 branches

Q1 2016

$1.3BAssets
$985.9MLoans
$964.2MDeposits
$129.8MEquity
Loan mix
80%RE $458.4M20%C&I $111.3M0%Consumer $0.6MQ1 2015Q1 2016
Deposit mix
72%Interest-bearing $698.0M28%Noninterest $266.2MQ1 2015Q1 2016

NIM

3.79%Q1 ’143.77%Q1 ’153.90%Q1 ’160%+3%

Non-interest income vs. expense

2.28%Q1 ’142.06%Q1 ’152.73%Q1 ’16-10%+37%

Market Position · Washington-Arlington-Alexandria, DC-VA-MD-WV · 2015 SOD (annual) · 0.4% share · #21 of 86 inst. · $1.0B of $216.8B

1.2% District of Columbia
0.7% Montgomery
0.2% Arlington
0.1% Fairfax

Executive Summary

  • Earnings: ROA of 0.41%, down 42 bps year over year; NIM at 3.42%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.22%.
  • Capital: tier 1 leverage ratio of 10.34%, down 43 bps from a year ago.
  • Funding: loans stand at 102.26% of deposits as of Q1 2016.

Financial Results

Return on Assets (YTD, annualized)

0.41%-42 bps YoY

Net Interest Margin (YTD, annualized)

3.42%+9 bps YoY

Efficiency Ratio (YTD, annualized)

77.78%+1,810 bps YoY

Tier 1 Leverage Ratio

10.34%-43 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2015Q2 2015Q3 2015Q4 2015Q1 2016YoY ΔTrend
Earnings
Return on Assets0.83%0.84%0.87%0.72%0.41%-42 bps
Return on Equity7.82%8.07%8.38%6.98%4.00%-382 bps
Net Interest Margin3.32%3.30%3.24%3.22%3.42%+9 bps
Efficiency Ratio59.68%58.95%58.60%64.75%77.78%+1,810 bps
Non-Interest Burden1.93%1.89%1.85%2.05%2.64%+71 bps
Growth
Asset Growth (YoY)15.46%11.31%15.82%14.54%12.17%-328 bps
Loan Growth (YoY)22.20%25.85%22.36%20.11%20.20%-200 bps
Deposit Growth (YoY)13.39%14.19%16.98%15.96%8.16%-523 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.22%+22 bps
Allowance / Loans1.10%1.10%1.08%1.08%1.02%-8 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio10.77%10.62%10.43%10.46%10.34%-43 bps
Total Risk-Based Capital13.14%13.10%13.04%12.52%12.16%-98 bps
Equity / Assets10.43%10.04%10.15%10.25%10.19%-24 bps
Liquidity & Funding
Loans / Deposits92.02%89.60%91.27%94.98%102.26%+1,024 bps
Liquid Assets / Assets5.03%5.32%4.92%4.87%4.66%-37 bps
CRE / Total Capitaln/an/an/an/an/an/an/a