Cecil Bank in Elkton, Maryland (MD)



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Cecil Bank routing number info

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Cecil Bank
GeneralFDIC Certificate #: 31121
Status: Active
Federal Reserve ID: 813572
Bank Holding Company (Regulatory Top Holder): Cecil Bancorp, Inc. (RSSDID: 3135190, Location: Elkton, MD)
Date Established: October 07, 1959
WWW: http://www.cecilbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 11 (Domestic: 11, Interstate: No)
OTS Docket #: 6420
FDIC's unique #: 43955
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: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: October 07, 1959
Last Structure Change Effective Date: July 14, 2008
Last Structure Change Process Date: July 14, 2008
Last Data Update: July 14, 2008
Data Source Date: April 05, 2012
LocationAddress: 127 North St, Elkton, MD 21921
County: Cecil
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): Wilmington-Newark, DE-MD (#9160)
Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77)
Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428)
Core Based Statistical Area (CBSA): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
Core Based Statistical Division: Wilmington, DE-MD-NJ (#48864)
History of ChangesCorrections
Financial SummaryTotal assets: $463.0 mil
Equity capital: $37.4 mil
Deposits held in domestic offices: $339.9 mil
Return on assets (ROA): -0.96% (-$4.4 mil)
Quarterly return on assets: -1.07% (-$5.0 mil)
Return on Equity (ROE): -11.40% (-$4.2 mil)
Quarterly return on equity: -13.16% (-$4.9 mil)
Net income: -$4.5 mil
Quarterly Net income: -$1.3 mil
Pretax return on assets: -1.54% (-$7,129.7 mil)
Quarterly Pretax return on assets: -1.45% (-$6,713.1 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)
Total employees (full-time equivalent)88
Total assets$462,969
Cash and due from depository institutions$33,867
Interest-bearing balances$28,507
Securities$33,400
Federal funds sold & reverse repurchase agreements$559
Net loans & leases$317,850
Loan loss allowance $12,412
Trading account assets$0
Bank premises and fixed assets$10,042
Other real estate owned$32,094
Goodwill and other intangibles$467
All other assets$34,690
Life insurance assets$462,969
Total liabilities and capital$425,602
Total liabilities$339,928
Total deposits$318,180
Interest-bearing deposits$339,928
Deposits held in domestic offices$99
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$65,006
Other borrowed funds $12,600
Subordinated debt $8,068
All other liabilities $37,367
Total equity capital$37,367
Total bank equity capital$37,367
Perpetual preferred stock$0
Common stock$1,075
Surplus$20,254
Undivided profits $16,038
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $37,815
Earning assets $0
Long-term assets (5+ years) $844
Average Assets, year-to-date $380,316
Average Assets, quarterly $30,460
Volatile liabilities $474,052
Insider loans $465,681
FHLB advances $357,037
Loans and leases held for sale $462,235
Unused loan commitments $8,285
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $32,557
Total risk weighted assets $8,285
Total unused commitments $0
Restructured Loans and leases $5,753
Derivatives$4,432
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $21,267
Total interest expense $7,604
Net interest income $13,663
Provision for loan and lease losses $6,958
Total noninterest income $1,370
Fiduciary activities $0
Service charges on deposit accounts $564
Trading account gains & fees $0
Additional noninterest income $806
Total noninterest expense $15,382
Salaries and employee benefits $4,140
Premises and equipment expense $1,097
Additional noninterest expense $10,145
Pre-tax net operating income -$7,307
Securities gains (losses) $0
Applicable income taxes -$2,761
Income before extraordinary items -$4,546
Extraordinary gains - net $0
Net income attributable to bank -$4,546
Net charge-offs $0
Cash dividends -$4,546
Sale, conversion, retirement of capital stock, net $9,623
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.28%
Cost of funding earning assets 1.89%
Net interest margin 3.39%
Noninterest income to earning assets 0.34%
Noninterest expense to earning assets 3.82%
Net operating income to assets -0.96%
Return on assets (ROA) -0.96%
Pretax return on assets -1.54%
Return on equity (ROE) -11.40%
Retained earnings to average equity (YTD only) -11.40%
Net charge-offs to loans 2.70%
Credit loss provision to net charge-offs 72.31%
Efficiency ratio-0.04%
Assets per employee$102,322
Cash dividends to net income (YTD only)5.26%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 3.76%
Noncurrent assets plus other real estate owned to assets 32.82%
Noncurrent loans to loans 15.10%
Net loans and leases to deposits11.45%
Net loans and leases to core deposits 93.51%
Equity capital to assets 100.67%
Core capital (leverage) ratio 8.07%
Tier 1 risk-based capital ratio 7.04%
Total risk-based capital ratio 9.12%
Memoranda
Average assets$14
Average earning assets$474,052
Average equity $39,865
Average loans $402,517
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11 Maryland Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
043955Cecil Bank127 North St, Elkton, MD 21921October 07, 1959Full Service Brick and Mortar
1283540108 North East Plaza Branch108 North East Plaza, North East, MD 21901October 07, 1959Full Service Brick and Mortar
245220Columbian Bank, A Federal Savings Bank Branch303 - 305 St John Avenue, Havre De Grace, MD 21078October 09, 1985Full Service Brick and Mortar
3366367Pulaski Highway Branch1609 Pulaski Highway Branch, Havre De Grace, MD 21078September 18, 2000Full Service Brick and Mortar
4366368114 East Pulaski Highway114 East Pulaski Highway, Elkton, MD 21921September 27, 1999Full Service Brick and Mortar
5419196Rising Sun Towne Centre Branch56 Rising Sun Towne Centre, Rising Sun, MD 21911May 05, 2003Full Service Brick and Mortar
6430028Turkey Point Branch1223-B Turkey Point Road, North East, MD 21901June 21, 2004Full Service Brick and Mortar
7442598Cecilton Branch122 W. Main Street, Cecilton, MD 21913October 01, 2004Full Service Brick and Mortar
8443947Conowingo Branch390 Conowingo Road, Conowingo, MD 21918June 27, 2005Full Service Brick and Mortar
9453926Aberdeen Branch3 W Bel Air Avenue, Aberdeen, MD 21001December 14, 2005Full Service Brick and Mortar
10478860Fair Hill Branch4434 Telegraph Road, Elkton, MD 21921January 11, 2008Full Service Brick and Mortar
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