Easton Bank & Trust in Easton, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches


Easton Bank & Trust - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Corrections
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total 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
  • 41Total employees (full-time equivalent)
  • $154,195Total assets
  • $14,717Cash and due from depository institutions
  • $10,682Interest-bearing balances
  • $8,711Securities
  • $768Federal funds sold & reverse repurchase agreements
  • $121,601Net loans & leases
  • $3,017Loan loss allowance
  • $0Trading account assets
  • $1,671Bank premises and fixed assets
  • $3,313Other real estate owned
  • $0Goodwill and other intangibles
  • $154,195Life insurance assets
  • $3,414All other assets
  • $141,036Total liabilities and capital
  • $133,567Total liabilities
  • $112,845Total deposits
  • $133,567Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,083Trading liabilities
  • $0Other borrowed funds
  • $1,386Subordinated debt
  • $13,159All other liabilities
  • $13,159Total equity capital
  • $13,159Total bank equity capital
  • $0Perpetual preferred stock
  • $2,500Common stock
  • $7,550Surplus
  • $3,109Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,040Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,866Income earned, not collected on loans
  • $0Earning assets
  • $356Long-term assets (5+ years)
  • $141,762Average Assets, year-to-date
  • $18,555Average Assets, quarterly
  • $157,020Volatile liabilities
  • $154,302Insider loans
  • $118,808FHLB advances
  • $153,756Loans and leases held for sale
  • $1,875Unused loan commitments
  • $1,875Tier 1 (core) risk-based capital
  • $13,112Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $18,110Restructured Loans and leases
  • $1,698Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,849Total interest income
  • $2,200Total interest expense
  • $5,649Net interest income
  • $2,865Provision for loan and lease losses
  • $1,262Total noninterest income
  • $0Fiduciary activities
  • $511Service charges on deposit accounts
  • $0Trading account gains & fees
  • $751Additional noninterest income
  • $5,300Total noninterest expense
  • $2,644Salaries and employee benefits
  • $614Premises and equipment expense
  • $2,042Additional noninterest expense
  • -$1,254Pre-tax net operating income
  • $103Securities gains (losses)
  • $0Applicable income taxes
  • -$1,151Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,151Net income attributable to bank
  • $0Net charge-offs
  • -$1,151Cash dividends
  • $2,411Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.47%Yield on earning assets
  • 1.53%Cost of funding earning assets
  • 3.94%Net interest margin
  • 0.88%Noninterest income to earning assets
  • 3.69%Noninterest expense to earning assets
  • -0.80%Net operating income to assets
  • -0.73%Return on assets (ROA)
  • -0.73%Pretax return on assets
  • -8.33%Return on equity (ROE)
  • -8.33%Retained earnings to average equity (YTD only)
  • 1.85%Net charge-offs to loans
  • 118.83%Credit loss provision to net charge-offs
  • 0.67%Efficiency ratio
  • 76,689Assets per employee
  • 3.76%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.42%Loss allowance to noncurrent loans
  • 43.94%Noncurrent assets plus other real estate owned to assets
  • 6.60%Noncurrent loans to loans
  • 5.51%Net loans and leases to deposits
  • 91.04%Net loans and leases to core deposits
  • 94.50%Equity capital to assets
  • 8.53%Core capital (leverage) ratio
  • 8.53%Tier 1 risk-based capital ratio
  • 11.04%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $157,020Average earning assets
  • $13,815Average equity
  • $143,450Average loans

List of branches

  • 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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