Easton Bank & Trust in Easton, Maryland (MD)

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Easton Bank & Trust routing number info

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Easton Bank & Trust
GeneralFDIC Certificate #: 33815
Status: Active
Federal Reserve ID: 2059758
Bank Holding Company (Regulatory Top Holder): Easton Bancorp, Inc. (RSSDID: 2082484, Location: Easton, MD)
Date Established: July 01, 1993
WWW: http://www.eastonbankandtrust.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
OTS Docket #: 14112
FDIC's unique #: 48115
Numeric code: 21
Regulator: FDIC
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: July 01, 1993
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: September 21, 2010
Last Data Update: September 21, 2010
Data Source Date: April 05, 2012
LocationAddress: 501 Idlewild Avenue, Easton, MD 21601
County: Talbot
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
Core Based Statistical Area (CBSA): Easton, MD (#20660)
CBSA Micro Statistical Area: Yes
History of ChangesCorrections
Merge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $154.2 mil
Equity capital: $13.2 mil
Deposits held in domestic offices: $133.6 mil
Return on assets (ROA): -0.73% (-$1.1 mil)
Quarterly return on assets: -0.42% (-$0.6 mil)
Return on Equity (ROE): -8.33% (-$1.1 mil)
Quarterly return on equity: -4.86% (-$0.6 mil)
Net income: -$1.2 mil
Quarterly Net income: -$0.2 mil
Pretax return on assets: -0.73% (-$1,125.6 mil)
Quarterly Pretax return on assets: -0.42% (-$647.6 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)41
Total assets$154,195
Cash and due from depository institutions$14,717
Interest-bearing balances$10,682
Federal funds sold & reverse repurchase agreements$768
Net loans & leases$121,601
Loan loss allowance $3,017
Trading account assets$0
Bank premises and fixed assets$1,671
Other real estate owned$3,313
Goodwill and other intangibles$0
All other assets$3,414
Life insurance assets$154,195
Total liabilities and capital$141,036
Total liabilities$133,567
Total deposits$112,845
Interest-bearing deposits$133,567
Deposits held in domestic offices$94
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$6,083
Other borrowed funds $0
Subordinated debt $1,386
All other liabilities $13,159
Total equity capital$13,159
Total bank equity capital$13,159
Perpetual preferred stock$0
Common stock$2,500
Undivided profits $3,109
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $1,040
Income earned, not collected on loans $6,866
Earning assets $0
Long-term assets (5+ years) $356
Average Assets, year-to-date $141,762
Average Assets, quarterly $18,555
Volatile liabilities $157,020
Insider loans $154,302
FHLB advances $118,808
Loans and leases held for sale $153,756
Unused loan commitments $1,875
Tier 1 (core) risk-based capital $1,875
Tier 2 risk-based capital $13,112
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $18,110
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $7,849
Total interest expense $2,200
Net interest income $5,649
Provision for loan and lease losses $2,865
Total noninterest income $1,262
Fiduciary activities $0
Service charges on deposit accounts $511
Trading account gains & fees $0
Additional noninterest income $751
Total noninterest expense $5,300
Salaries and employee benefits $2,644
Premises and equipment expense $614
Additional noninterest expense $2,042
Pre-tax net operating income -$1,254
Securities gains (losses) $103
Applicable income taxes $0
Income before extraordinary items -$1,151
Extraordinary gains - net $0
Net income attributable to bank -$1,151
Net charge-offs $0
Cash dividends -$1,151
Sale, conversion, retirement of capital stock, net $2,411
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 assets5.47%
Cost of funding earning assets 1.53%
Net interest margin 3.94%
Noninterest income to earning assets 0.88%
Noninterest expense to earning assets 3.69%
Net operating income to assets -0.80%
Return on assets (ROA) -0.73%
Pretax return on assets -0.73%
Return on equity (ROE) -8.33%
Retained earnings to average equity (YTD only) -8.33%
Net charge-offs to loans 1.85%
Credit loss provision to net charge-offs 118.83%
Efficiency ratio0.67%
Assets per employee$76,689
Cash dividends to net income (YTD only)3.76%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.42%
Noncurrent assets plus other real estate owned to assets 43.94%
Noncurrent loans to loans 6.60%
Net loans and leases to deposits5.51%
Net loans and leases to core deposits 91.04%
Equity capital to assets 94.50%
Core capital (leverage) ratio 8.53%
Tier 1 risk-based capital ratio 8.53%
Total risk-based capital ratio 11.04%
Average assets$12
Average earning assets$157,020
Average equity $13,815
Average loans $143,450
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5 Maryland Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
048115Easton Bank & Trust501 Idlewild Avenue, Easton, MD 21601July 01, 1993Full Service Brick and Mortar
1289899William Hill Manor Branch501 Dutchman's Lane, Easton, MD 21601July 01, 1993Limited Service Mobile
3357419Denton Branch300 Market Street, Denton, MD 21629September 13, 1999Full Service Brick and Mortar
4363270Oxford Bank & Trust Branch104 Factory Street, Oxford, MD 21654November 13, 2001Full Service Brick and Mortar
8484679Glebe Road Branch8707 Commerce Drive, Easton, MD 21601October 20, 2008Full Service Brick and Mortar
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