Bay-Vanguard Federal Savings Bank in Baltimore, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Bay-Vanguard Federal Savings Bank in Baltimore, Maryland (MD)
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Bay-Vanguard Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 32527
    Status: Active
    Federal Reserve ID: 242976
    Date Established: September 01, 1873
    WWW: http://www.bayvanguard.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 8386
    FDIC's unique #: 45361
    Numeric code: 34
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: March 26, 1987
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 7114 North Point Road, Baltimore, MD 21219
    County: Baltimore
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Baltimore
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Baltimore, MD (#720)
    Consolidated Metropolitan Statistical Area (CMSA): Washington-Baltimore, DC-MD-VA-WV (#97)
    Combined Statistical Area (CSA): Washington-Baltimore-Northern Virginia, DC-MD-VA-WV (#548)
    Core Based Statistical Area (CBSA): Baltimore-Towson, MD (#12580)
    CBSA Metro Statistical Area: Baltimore-Towson, MD (#12580)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $147.3 mil
    Equity capital: $14.1 mil
    Deposits held in domestic offices: $130.8 mil
    Return on assets (ROA): 0.68% ($1.0 mil)
    Quarterly return on assets: 0.45% ($0.7 mil)
    Return on Equity (ROE): 7.31% ($1.0 mil)
    Quarterly return on equity: 4.69% ($0.7 mil)
    Net income: $1.0 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.09% ($1,605.2 mil)
    Quarterly Pretax return on assets: 0.91% ($1,340.1 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 34Total employees (full-time equivalent)
  • $147,268Total assets
  • $12,472Cash and due from depository institutions
  • $3,728Interest-bearing balances
  • $19,308Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $102,927Net loans & leases
  • $1,217Loan loss allowance
  • $0Trading account assets
  • $4,986Bank premises and fixed assets
  • $765Other real estate owned
  • $102Goodwill and other intangibles
  • $147,268Life insurance assets
  • $6,708All other assets
  • $133,206Total liabilities and capital
  • $130,820Total liabilities
  • $122,297Total deposits
  • $130,820Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $633Trading liabilities
  • $0Other borrowed funds
  • $1,753Subordinated debt
  • $14,062All other liabilities
  • $14,062Total equity capital
  • $14,062Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $7,272Surplus
  • $6,789Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,419Income earned, not collected on loans
  • $0Earning assets
  • $517Long-term assets (5+ years)
  • $125,963Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $147,397Volatile liabilities
  • $145,239Insider loans
  • $82,352FHLB advances
  • $145,287Loans and leases held for sale
  • $2,270Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,097Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,005Restructured Loans and leases
  • $1,370Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,846Total interest income
  • $1,430Total interest expense
  • $5,416Net interest income
  • $473Provision for loan and lease losses
  • $100Total noninterest income
  • $0Fiduciary activities
  • $92Service charges on deposit accounts
  • $0Trading account gains & fees
  • $8Additional noninterest income
  • $3,443Total noninterest expense
  • $2,044Salaries and employee benefits
  • $801Premises and equipment expense
  • $598Additional noninterest expense
  • $1,600Pre-tax net operating income
  • $11Securities gains (losses)
  • $616Applicable income taxes
  • $995Income before extraordinary items
  • $0Extraordinary gains - net
  • $995Net income attributable to bank
  • $0Net charge-offs
  • $995Cash dividends
  • $320Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.36%Yield on earning assets
  • 1.12%Cost of funding earning assets
  • 4.24%Net interest margin
  • 0.08%Noninterest income to earning assets
  • 2.69%Noninterest expense to earning assets
  • 0.67%Net operating income to assets
  • 0.68%Return on assets (ROA)
  • 1.09%Pretax return on assets
  • 7.31%Return on equity (ROE)
  • 7.31%Retained earnings to average equity (YTD only)
  • 0.30%Net charge-offs to loans
  • 147.81%Credit loss provision to net charge-offs
  • 6.48%Efficiency ratio
  • 61,204Assets per employee
  • 4.33%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.17%Loss allowance to noncurrent loans
  • 50.31%Noncurrent assets plus other real estate owned to assets
  • 2.16%Noncurrent loans to loans
  • 2.32%Net loans and leases to deposits
  • 78.68%Net loans and leases to core deposits
  • 80.11%Equity capital to assets
  • 9.55%Core capital (leverage) ratio
  • 8.33%Tier 1 risk-based capital ratio
  • 14.69%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $147,397Average earning assets
  • $13,617Average equity
  • $127,827Average loans

List of branches

  • 5 Maryland Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    045361Bay-Vanguard Federal Savings Bank7114 North Point Road, Baltimore, MD 21219September 01, 1873Full Service Brick and Mortar
    102288278Fort Ave Branch1521 E. Fort Avenue, Baltimore, MD 21230March 01, 1992Full Service Brick and Mortar
    10345218North Point Road Branch7114 Northpoint Road, Edgemere, MD 21219June 30, 1986Full Service Brick and Mortar
    104492529Pasadena Branch8070 Ritchie Hwy, Pasadena, MD 21122August 24, 2007Full Service Brick and Mortar
    105518148Hanover Branch7657 Arundel Mills Blvd, Hanover, MD 21076Febuary 19, 2004Full Service Brick and Mortar

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