CFG Community Bank in Towson, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches

CFG Community Bank - Overview

  • General
  • FDIC Certificate #: 34294
    Status: Active
    Federal Reserve ID: 2471239
    Bank Holding Company (Regulatory Top Holder): Capital Funding Bancorp, Inc. (RSSDID: 3927078, Location: Baltimore, MD)
    Date Established: December 01, 1997
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 13813
    FDIC's unique #: 57053
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 01, 1997
    Last Structure Change Effective Date: November 16, 2009
    Last Structure Change Process Date: September 29, 2010
    Last Data Update: September 29, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 500 York Road, Towson, MD 21204
    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
  • Name Change
  • Financial Summary
  • Total assets: $411.8 mil
    Equity capital: $50.2 mil
    Deposits held in domestic offices: $357.5 mil
    Return on assets (ROA): 1.32% ($5.4 mil)
    Quarterly return on assets: -0.54% (-$2.2 mil)
    Return on Equity (ROE): 12.84% ($6.4 mil)
    Quarterly return on equity: -4.59% (-$2.3 mil)
    Net income: $6.4 mil
    Quarterly Net income: -$0.6 mil
    Pretax return on assets: 1.32% ($5,436.3 mil)
    Quarterly Pretax return on assets: -0.54% (-$2,224.0 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
  • 88Total employees (full-time equivalent)
  • $411,844Total assets
  • $67,609Cash and due from depository institutions
  • $62,638Interest-bearing balances
  • $38,743Securities
  • $3,003Federal funds sold & reverse repurchase agreements
  • $256,025Net loans & leases
  • $4,183Loan loss allowance
  • $0Trading account assets
  • $2,678Bank premises and fixed assets
  • $1,132Other real estate owned
  • $38,324Goodwill and other intangibles
  • $411,844Life insurance assets
  • $4,330All other assets
  • $361,691Total liabilities and capital
  • $357,452Total liabilities
  • $274,922Total deposits
  • $357,452Interest-bearing deposits
  • $75Deposits held in domestic offices
  • 243.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2Trading liabilities
  • $0Other borrowed funds
  • $3,994Subordinated debt
  • $50,153All other liabilities
  • $50,153Total equity capital
  • $50,153Total bank equity capital
  • $0Perpetual preferred stock
  • $1,500Common stock
  • $39,204Surplus
  • $9,449Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,051Income earned, not collected on loans
  • $0Earning assets
  • $1,299Long-term assets (5+ years)
  • $360,409Average Assets, year-to-date
  • $27,703Average Assets, quarterly
  • $489,443Volatile liabilities
  • $432,054Insider loans
  • $287,417FHLB advances
  • $429,935Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $45,211Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $59,875Restructured Loans and leases
  • $15Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $18,598Total interest income
  • $4,284Total interest expense
  • $14,314Net interest income
  • $4,501Provision for loan and lease losses
  • $20,929Total noninterest income
  • $0Fiduciary activities
  • $149Service charges on deposit accounts
  • $0Trading account gains & fees
  • $20,780Additional noninterest income
  • $24,853Total noninterest expense
  • $13,283Salaries and employee benefits
  • $1,913Premises and equipment expense
  • $9,657Additional noninterest expense
  • $5,889Pre-tax net operating income
  • $559Securities gains (losses)
  • $0Applicable income taxes
  • $6,448Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,448Net income attributable to bank
  • $0Net charge-offs
  • $6,448Cash dividends
  • $4,352Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.32%Yield on earning assets
  • 1.00%Cost of funding earning assets
  • 3.33%Net interest margin
  • 4.87%Noninterest income to earning assets
  • 5.78%Noninterest expense to earning assets
  • 1.20%Net operating income to assets
  • 1.32%Return on assets (ROA)
  • 1.32%Pretax return on assets
  • 12.84%Return on equity (ROE)
  • 12.84%Retained earnings to average equity (YTD only)
  • 1.67%Net charge-offs to loans
  • 103.42%Credit loss provision to net charge-offs
  • 2.39%Efficiency ratio
  • 70,519Assets per employee
  • 4.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.61%Loss allowance to noncurrent loans
  • 59.32%Noncurrent assets plus other real estate owned to assets
  • 1.99%Noncurrent loans to loans
  • 2.71%Net loans and leases to deposits
  • 71.63%Net loans and leases to core deposits
  • 111.61%Equity capital to assets
  • 12.18%Core capital (leverage) ratio
  • 10.52%Tier 1 risk-based capital ratio
  • 15.73%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $489,443Average earning assets
  • $50,204Average equity
  • $430,164Average loans

List of branches

  • 3 Maryland Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    057053Cfg Community Bank500 York Road, Towson, MD 21204December 01, 1997Full Service Brick and Mortar
    1290521East Lombard Branch3860 East Lombard Street, Baltimore, MD 21224December 01, 1997Full Service Brick and Mortar
    3466287Annapolis Branch1419 Forest Drive, Annapolis, MD 21403May 01, 2007Full Service Brick and Mortar

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