Vitals
  • Total Assets
    562.9M -9.1 %
  • Total Deposits
    428.5M 24.6 %
  • Total Net Loans
    472.2M -14.5 %
  • Net Income
    618000.0000 -86.8 %
  • Book Value
    62.9M -0.1 %
  • Book Value x2
    125.8M -0.1 %
  • Book Value x3
    188.7M -0.1 %
ROAA

.224

ROAE

1.98

Efficiency Ratio

79.483

Net Interest Margin

2.611

Balance Sheet Highlights
Financial Highlights Golf Savings Bank All Insured Savings Banks in Washington
Balance Sheet $(000)
Total Assets 562,907 854,584
Total Net Loans 472,248 629,937
Total Deposits 428,548 698,094
Total Equity 62,897 63,210
Profitability
Net Income 618 -8,605
Return on Average Assets .224 -1.529
Return on Average Equity 1.98 -23.379
Net Interest Margin 2.611 2.898
Efficiency Ratio 79.483 99.626
Noninterest Income/Revenue 62.682 29.948
Balance Sheet Ratios
Loan-to-Deposit 110.197 96.355
Securities/Assets .048 .071
Total Equity/Total Assets .112 .074
Tangible Equity/Tangible Assets .053 .058
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 61,948 61,308
Tier 2 Capital 4,041 7,425
Total Capital 65,989 68,733
Total Risk Weighted Assets 318,486 578,714
Leverage Ratio 11.18 7.975
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 19.45 11.68
Total Capital Ratio 20.72 12.955

Timeline for Golf Savings Bank

Sterling Savings Bank

Golf Savings Bank was acquired by Sterling Savings Bank 13 years

View Profile Aug 03 2010

Sterling Financial Corporation

Sterling Financial Corporation became a new parent organization for Golf Savings Bank.

View Profile Jul 05 2006

Golf Savings Bank

Golf Savings Bank was established 23 years ago and is currently headquartered in Mountlake Terrace, WA.

Jun 01 2000

Lynnwood Financial Group, Inc.

Lynnwood Financial Group, Inc. became a new parent organization for Golf Savings Bank.

View Profile Jun 01 2000
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Sterling Savings Bank Buyer 10,214,194 Pooling of Interests Discontinued 8/3/2010
Relationships Role Relationship Start Relationship End
Sterling Financial Corporation Parent 7/5/2006 8/2/2010
Lynnwood Financial Group, Inc. Parent 6/1/2000 7/4/2006
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