# BANK OF GEORGETOWN
WASHINGTON, DC · FDIC certificate 57941 · asset band $1-10B · latest filing 2016-03 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 3 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $1.27B | |
| Deposits | $964.2M | |
| Loans and leases | $985.9M | |
| Total equity | $129.8M | |
| Loans / deposits | 101.21% (p85 of band) | 86.87% |
| Liquid assets / assets | 20.56% (p45 of band) | |
| Uninsured deposits / deposits | 36.30% (p75 of band) | 25.28% |
| Brokered deposits | 21.86% | |
| Wholesale funding | 35.37% (p97 of band) | |
| FHLB advances / assets | 6.28% | |
| Tier 1 leverage | 10.34% (p63 of band) | 9.62% |
| Unrealized securities loss / equity | 1.74% (p52 of band) | 1.65% |
| AOCI / equity | 0.89% (p62 of band) | |
| ROA (annualized) | 0.41% (p9 of band) | 0.92% |
| Net interest margin | 3.57% (p58 of band) | 3.47% |
| Efficiency ratio | 77.78% (p85 of band) | |
| Noncurrent loans | 0.07% (p6 of band) | 0.66% |
| Net charge-offs (annualized) | 0.18% (p87 of band) | |
| Reserve coverage of noncurrent | 1546.24% | |
| Real estate % of loans | 89% | |
| Construction % of loans | 86.46% (p89 of band) | |
| Auto loans | $24,000 (0.00% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p37 of band) | |
| Deposits YoY | 8.2% | |
| Employees | 92 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | brokered >10%, wholesale funding >15%, reserve under noncurrent |  |
| 2011-06 | 3 |  |  |
| 2011-09 | 2 |  | reserve under noncurrent |
| 2011-12 | 2 | capital falling | brokered >10% |
| 2012-03 | 2 |  |  |
| 2012-06 | 2 |  |  |
| 2012-09 | 1 |  | wholesale funding >15% |
| 2012-12 | 0 |  | capital falling |
| 2013-03 | 1 | uninsured deposits >50% |  |
| 2013-06 | 3 | wholesale funding >15%, capital falling |  |
| 2013-09 | 3 |  |  |
| 2013-12 | 2 | brokered >10% | uninsured deposits >50%, capital falling |
| 2014-03 | 3 | uninsured deposits >50% |  |
| 2014-06 | 4 | capital falling |  |
| 2014-09 | 3 |  | uninsured deposits >50% |
| 2014-12 | 3 | construction >100% equity | capital falling |
| 2015-03 | 4 | uninsured deposits leaving |  |
| 2015-06 | 5 | capital falling |  |
| 2015-09 | 4 |  | construction >100% equity |
| 2015-12 | 2 |  | uninsured deposits leaving, capital falling |
| 2016-03 | 3 | loans exceed deposits |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2019-06-10 [Former Bank of Georgetown execs plan new bank in Washington - American Banker](https://news.google.com/rss/articles/CBMimwFBVV95cUxQeG1qU1N4ZzdrZXN3TVVBMjVEU2RWYUN0aXB6NUxuTHowdnAtRWtBa3A2cmlfUmdPWDhkMDJRbERJV3BXRTBKdUZQWlVra1dGeTVzMDVCNUZaNHh6M0l1RXRWZXJ0UTRldk81Zm5jZHlmV2M5S0lnQm1QT1JmU1VJbEp0RVlzNC1KUmtDcFJjZENTNlRRdUpZWUxMNA?oc=5) · American Banker
- 2016-06-06 [United Bank completes Bank of Georgetown acquisition - WTOP News](https://news.google.com/rss/articles/CBMilAFBVV95cUxOLWdaa1o5TmdNdTlNVE5lNy1mbUR6RXdzQ0xvdmhSZVFqYVd4LWdnRUdKbmRaa3hXekZzWHlCRGhTNk8xYlBTM01RVWRDWXRUNEtScEZVSnNsTEVFRHYzaXVieExOSGF5SzZ5NkdaN082cWhrVE1SS2xONkJDR0lwN0d0b1RGeGRQUUZBWkxmS0xvNkVf?oc=5) · WTOP News
- 2019-06-10 [Exclusive: Bank of Georgetown alums founding new bank - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPSi0xd19oVUZjenpHOFNLNnVXZmhkSjFpY1pMd3RLZ1lZN1RaeWd3Z1pRSkczNzJTYm1zWHVReEZyTUlKM08wX3BYby1aRWE0X3ozQXdMWnF1WG96VEY5THljY0lIQTRUbnBucUlkcGhhZHZ1RDM0ZGJyaWVPTTFxWGdFbENhQmZsTFNxd2ROanZQVmEtZXVlc2hkcUUtR3ptMTdfVTFua1JKQQ?oc=5) · The Business Journals
- 2016-04-11 [Bank of Georgetown Celebrates Curt Winsor, New Building - georgetowner.com](https://news.google.com/rss/articles/CBMingFBVV95cUxNRFFTcEVZTVdLUGQzWkV0RU02V2syV0lVc083a1gwZFhubTVBZXUxb0dQR29ydGRvREZYZE1jWVI0clpsdEhhQmN0OWVJaGQ3T2RheE9yXzN0RFRvVmV4clFhWHdrZ1RmWV9nX1BxVWRsME51cDJRY213aVYzR1VXVFdxMDMteTBYQkc0Q0g0VlNSNGxuTEdiYy1OY1l3dw?oc=5) · georgetowner.com
- 2014-08-24 [With $1B in assets, Bank of Georgetown says it’ll continue doing more of the same - The Washington Post](https://news.google.com/rss/articles/CBMingJBVV95cUxNRk41VEdkWkg3dDY4QW1TaXhpTlkzcW9uY2xwRHpQSEtueldxRmVnQlU1amxFckE1Y0pSRU9ldUFtM3Y3N1FLRUVxRHdzd1pINzhVNWU2LWdzV1hUWTl5TWhMaXZVNTljdW92MXVOY1ctbXROeVoyaDZSa1dFSjNocU9fckVvZ3owYVV1TDFmdnVmMlJYb1Nqcjh5c0xBclFtdVhlMTdqNTIxdTJVZ2R1RTRjM3dfRGt2dzBrV0xFWHVpcEI4Tk5ZTFBIeTNJNFdORFQ0VF9xUnlGQm02WU5sNVMxVzF4WHh4YVVwS0NmQ1ZzcWFKUzJURWw2MkpUMXZMOXNNYTJrcjFZNlB2aVFBdW9DdFRYYnBKbm5JZ0l3?oc=5) · The Washington Post
- 2014-03-06 [Bank of Georgetown Celebrates New HQ Honoring Curtin Winsor III - The Georgetown Dish](https://news.google.com/rss/articles/CBMipgFBVV95cUxOR25aT2VjTVNSXzdtZjZjREJKenZabWJLTHdhR2E0UklnQzlVRnU5cFl3dDVveEk4VV9TUFM3ZVE4QlFZcEZTS2ZFSzN5YmljTllzbVZVM0xmUnFVX1dmb2NtalJlMGdaTjFLcTBRT0hrb1hxMTVHRWl2MXJ0V1RPa1JzdkE4bGdGdlU3bDFhVGRxQXZieWhLdVdtUlVmZEMtTjRtWmV3?oc=5) · The Georgetown Dish
- 2012-01-13 [Wells Fargo, Bank of America Hold Most of D.C.’s Money - DCist](https://news.google.com/rss/articles/CBMieEFVX3lxTE1hS3Z3QW15a21CUzhoa3VraW9yZlZ0NmtMbW9WQm9hVlF4N3FTUDVKaDNZZzNmRWFIeUpRUXFTRTNzX1Z6a2ZwbXNKMWRhcWd5bEJpT0E5ZWt4M3BfbnNHZGowZHVReVlhQ1VSVlpKbVQ4X3Npdk9hbQ?oc=5) · DCist
- 2017-04-24 [7 Cardinal Bank Branches Closing as Part of United Bank Acquisition - NBC4 Washington](https://news.google.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?oc=5) · NBC4 Washington

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57941 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/21.json (key "57941", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide