PackageTrendsPeer
Letter portraitLegal landscape

Georgetown Savings Bank

Georgetown, MA · Cert 90202

FDIC · 4 branches

Q1 2017

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2017, the quarter ended March 31, 2017, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Georgetown Savings Bank

Georgetown, MA · Cert 90202

FDIC · 4 branches

Q1 2017

$321.8MAssets
$282.2MLoans
$242.8MDeposits
$31.1MEquity
Loan mix
90%RE $224.8M10%C&I $23.7M0%Consumer $0.1MQ1 2016Q1 2017
Deposit mix
87%Interest-bearing $210.4M13%Noninterest $32.4MQ1 2016Q1 2017

NIM

4.23%Q1 ’154.20%Q1 ’164.22%Q1 ’17-5%-1%

Non-interest income vs. expense

3.28%Q1 ’153.46%Q1 ’162.92%Q1 ’17+6%-15%

Market Position · Boston-Cambridge-Newton, MA-NH · 2016 SOD (annual) · 0.1% share · #78 of 138 inst. · $0.2B of $311.2B

1.1% Essex
0.1% Rockingham

Executive Summary

  • Earnings: ROA of 0.47%, up 34 bps year over year; NIM at 3.39%.
  • Asset quality: problem loans at 0.33% of loans (+33 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 9.66%, down 13 bps from a year ago.
  • Funding: loans stand at 116.23% of deposits as of Q1 2017.

Financial Results

Return on Assets (YTD, annualized)

0.47%+34 bps YoY

Net Interest Margin (YTD, annualized)

3.39%-4 bps YoY

Efficiency Ratio (YTD, annualized)

79.95%-1,230 bps YoY

Tier 1 Leverage Ratio

9.66%-13 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2016Q2 2016Q3 2016Q4 2016Q1 2017YoY ΔTrend
Earnings
Return on Assets0.13%0.18%0.20%0.24%0.47%+34 bps
Return on Equity1.29%1.78%2.03%2.47%4.87%+358 bps
Net Interest Margin3.43%3.45%3.35%3.27%3.39%-4 bps
Efficiency Ratio92.25%91.33%89.74%87.62%79.95%-1,230 bps
Non-Interest Burden3.14%3.12%2.97%2.83%2.66%-48 bps
Growth
Asset Growth (YoY)12.16%10.36%9.51%7.46%5.11%-705 bps
Loan Growth (YoY)13.43%11.60%9.60%9.30%6.50%-693 bps
Deposit Growth (YoY)23.56%19.02%23.18%15.28%1.64%-2,192 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.33%+33 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.94%0.95%0.93%0.93%0.94%0 bps
Allowance Coverage of NPLsn/an/an/an/a2.8xn/an/a
Capital
Tier 1 Leverage Ratio9.79%9.95%9.82%9.70%9.66%-13 bps
Total Risk-Based Capital13.88%14.07%13.61%13.51%13.75%-13 bps
Equity / Assets9.70%10.03%9.65%9.58%9.66%-4 bps
Liquidity & Funding
Loans / Deposits110.93%111.13%112.98%115.43%116.23%+530 bps
Liquid Assets / Assets2.75%1.93%2.41%1.47%2.22%-53 bps
CRE / Total Capitaln/an/an/an/an/an/an/a