Elkridge Bank in Elkridge, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 07, 1997

  • Elkridge Bank in Elkridge, Maryland (MD)
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Elkridge Bank - Overview

  • General
  • FDIC Certificate #: 18456
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: FCNB Bank (#4843)
    Federal Reserve ID: 702322
    Date Established: November 21, 1961
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 5 (Interstate: No)
    FDIC's unique #: 12354
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: November 21, 1961
    Last Structure Change Effective Date: March 07, 1997
    Last Structure Change Process Date: March 20, 1997
    Last Data Update: March 20, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 7290 Montgomery Road, Elkridge, MD 21227
    County: Howard
    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)
  • Financial Summary
  • Total assets: $222.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $74Total assets
  • $222,083Cash and due from depository institutions
  • $10,616Interest-bearing balances
  • $1,055Securities
  • $28,973Federal funds sold & reverse repurchase agreements
  • $4,524Net loans & leases
  • $167,115Loan loss allowance
  • $1,910Trading account assets
  • $0Bank premises and fixed assets
  • $2,641Other real estate owned
  • $632Goodwill and other intangibles
  • $4,443Life insurance assets
  • $3,139All other assets
  • $0Total liabilities and capital
  • $222,083Total liabilities
  • $198,965Total deposits
  • $177,159Interest-bearing deposits
  • $162,556Deposits held in domestic offices
  • 177159.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $445Trading liabilities
  • $0Other borrowed funds
  • $20,528Subordinated debt
  • $0All other liabilities
  • $833Total equity capital
  • $833Total bank equity capital
  • $23,118Perpetual preferred stock
  • $0Common stock
  • $2,627Surplus
  • $13,938Undivided profits
  • Memoranda
  • $6,553Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,888Income earned, not collected on loans
  • $1,009Earning assets
  • $201,667Long-term assets (5+ years)
  • $44,911Average Assets, year-to-date
  • $187,927Average Assets, quarterly
  • $220,581Volatile liabilities
  • $31,235Insider loans
  • $221FHLB advances
  • $0Loans and leases held for sale
  • $2,019Unused loan commitments
  • $27,112Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $19,907Total risk weighted assets
  • $153,079Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $16,120Total interest expense
  • $7,768Net interest income
  • $8,352Provision for loan and lease losses
  • $210Total noninterest income
  • $1,100Fiduciary activities
  • $0Service charges on deposit accounts
  • $482Trading account gains & fees
  • $0Additional noninterest income
  • $618Total noninterest expense
  • $8,000Salaries and employee benefits
  • $4,285Premises and equipment expense
  • $833Additional noninterest expense
  • $2,882Pre-tax net operating income
  • $1,242Securities gains (losses)
  • -$59Applicable income taxes
  • $432Income before extraordinary items
  • $751Extraordinary gains - net
  • $0Net income attributable to bank
  • $751Net charge-offs
  • $497Cash dividends
  • $8,446Sale, conversion, retirement of capital stock, net
  • $1Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.39%Cost of funding earning assets
  • 4.53%Net interest margin
  • 4.87%Noninterest income to earning assets
  • 0.64%Noninterest expense to earning assets
  • 4.66%Net operating income to assets
  • 0.42%Return on assets (ROA)
  • 0.40%Pretax return on assets
  • 0.63%Return on equity (ROE)
  • 4.27%Retained earnings to average equity (YTD only)
  • -43.76%Net charge-offs to loans
  • 0.36%Credit loss provision to net charge-offs
  • 42.25%Efficiency ratio
  • 83,675Assets per employee
  • 3.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 1124.63%Loss allowance to loans
  • 1.13%Loss allowance to noncurrent loans
  • 39.08%Noncurrent assets plus other real estate owned to assets
  • 2.31%Noncurrent loans to loans
  • 2.89%Net loans and leases to deposits
  • 94.33%Net loans and leases to core deposits
  • 100.13%Equity capital to assets
  • 10.41%Core capital (leverage) ratio
  • 9.29%Tier 1 risk-based capital ratio
  • 13.00%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $187,927Average earning assets
  • $17,586Average equity
  • $171,641Average loans

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