Vitals
  • Total Assets
    413.7M 2.0 %
  • Total Deposits
    395.3M 13.9 %
  • Total Net Loans
    283.0M -18.1 %
  • Net Income
  • Book Value
    13.7M -65.3 %
  • Book Value x2
    27.5M -65.3 %
  • Book Value x3
    41.2M -65.3 %
ROAA

ROAE

Efficiency Ratio

67.903

Net Interest Margin

2.765

Balance Sheet Highlights
Financial Highlights George Washington Savings Bank All Insured Savings Banks in Illinois
Balance Sheet $(000)
Total Assets 413,673 159,533
Total Net Loans 282,973 105,936
Total Deposits 395,310 132,256
Total Equity 13,727 21,864
Profitability
Net Income — 584
Return on Average Assets — .262
Return on Average Equity — 2.457
Net Interest Margin 2.765 3.088
Efficiency Ratio 67.903 89.601
Noninterest Income/Revenue 6.583 10.608
Balance Sheet Ratios
Loan-to-Deposit 71.583 77.78
Securities/Assets .042 .303
Total Equity/Total Assets .033 .137
Tangible Equity/Tangible Assets .033 .127
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 11,539 21,297
Tier 2 Capital 4,400 1,021
Total Capital 15,939 22,317
Total Risk Weighted Assets 334,487 94,411
Leverage Ratio 2.75 11.414
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 3.45 23.347
Total Capital Ratio 4.77 24.203

Timeline for George Washington Savings Bank

Firstmerit Bank, National Association

George Washington Savings Bank was acquired by Firstmerit Bank, National Association 14 years

View Profile Feb 20 2010

G. W. S. B., Llc

G. W. S. B., Llc became a new subsidiary organization for George Washington Savings Bank.

View Profile Jun 27 2005

George Washington Bancorp, Inc.

George Washington Bancorp, Inc. became a new parent organization for George Washington Savings Bank.

View Profile Nov 28 1997

George Washington Service Corp.

George Washington Service Corp. became a new subsidiary organization for George Washington Savings Bank.

View Profile Nov 28 1997

George Washington Savings And Loan Association Voting Trust

George Washington Savings And Loan Association Voting Trust became a new parent organization for George Washington Savings Bank.

View Profile Dec 31 1979

Want to see more?

Complete timeline for George Washington Savings Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Firstmerit Bank, National Association Buyer 26,155,280 Failure 2/20/2010
Relationships Role Relationship Start Relationship End
George Washington Bancorp, Inc. Parent 11/28/1997 2/19/2010
George Washington Savings And Loan Association Voting Trust Parent 12/31/1979 12/14/1993
George Washington Service Corp. Subsidary 6/30/2007 2/19/2010
G. W. S. B., Llc Subsidary 6/27/2005 2/19/2010
George Washington Service Corp. Subsidary 11/28/1997 6/29/2007
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