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


Maryland Financial Bank - Overview

  • General
  • FDIC Certificate #: 57821
    Status: Active
    Federal Reserve ID: 3284100
    Date Established: October 25, 2004
    WWW: http://www.mdfinbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 426761
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: October 25, 2004
    Last Structure Change Effective Date: April 28, 2009
    Last Structure Change Process Date: June 19, 2009
    Last Data Update: June 19, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 502 Washington Avenue, Suite 300, 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
  • Corrections
  • Financial Summary
  • Total assets: $69.8 mil
    Equity capital: $6.8 mil
    Deposits held in domestic offices: $46.5 mil
    Return on assets (ROA): -0.95% (-$0.7 mil)
    Quarterly return on assets: 0.19% ($0.1 mil)
    Return on Equity (ROE): -11.19% (-$0.8 mil)
    Quarterly return on equity: 2.13% ($0.1 mil)
    Net income: -$0.8 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: -0.94% (-$656.3 mil)
    Quarterly Pretax return on assets: 0.19% ($132.7 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
  • 14Total employees (full-time equivalent)
  • $69,817Total assets
  • $13,970Cash and due from depository institutions
  • $13,842Interest-bearing balances
  • $7,393Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $46,050Net loans & leases
  • $497Loan loss allowance
  • $0Trading account assets
  • $15Bank premises and fixed assets
  • $1,659Other real estate owned
  • $0Goodwill and other intangibles
  • $69,817Life insurance assets
  • $730All other assets
  • $63,038Total liabilities and capital
  • $46,495Total liabilities
  • $44,082Total deposits
  • $46,495Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 16400.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $143Subordinated debt
  • $6,779All other liabilities
  • $6,779Total equity capital
  • $6,779Total bank equity capital
  • $1,742Perpetual preferred stock
  • $5,784Common stock
  • $2,845Surplus
  • $-3,592Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,220Income earned, not collected on loans
  • $0Earning assets
  • $213Long-term assets (5+ years)
  • $67,285Average Assets, year-to-date
  • $8,206Average Assets, quarterly
  • $79,867Volatile liabilities
  • $76,415Insider loans
  • $47,205FHLB advances
  • $77,251Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,714Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,214Restructured Loans and leases
  • $483Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,175Total interest income
  • $910Total interest expense
  • $2,265Net interest income
  • $594Provision for loan and lease losses
  • -$99Total noninterest income
  • $0Fiduciary activities
  • $18Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$117Additional noninterest income
  • $2,325Total noninterest expense
  • $1,441Salaries and employee benefits
  • $139Premises and equipment expense
  • $745Additional noninterest expense
  • -$753Pre-tax net operating income
  • $0Securities gains (losses)
  • $3Applicable income taxes
  • -$756Income before extraordinary items
  • $0Extraordinary gains - net
  • -$756Net income attributable to bank
  • $0Net charge-offs
  • -$756Cash dividends
  • $1,279Sale, conversion, retirement of capital stock, net
  • $109Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.14%Yield on earning assets
  • 1.19%Cost of funding earning assets
  • 2.95%Net interest margin
  • -0.13%Noninterest income to earning assets
  • 3.03%Noninterest expense to earning assets
  • -0.95%Net operating income to assets
  • -0.95%Return on assets (ROA)
  • -0.94%Pretax return on assets
  • -11.19%Return on equity (ROE)
  • -12.81%Retained earnings to average equity (YTD only)
  • 2.45%Net charge-offs to loans
  • 46.44%Credit loss provision to net charge-offs
  • -0.12%Efficiency ratio
  • 107,341Assets per employee
  • 4.99%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -14.42%Loss allowance to loans
  • 1.07%Loss allowance to noncurrent loans
  • 22.39%Noncurrent assets plus other real estate owned to assets
  • 5.56%Noncurrent loans to loans
  • 4.77%Net loans and leases to deposits
  • 99.04%Net loans and leases to core deposits
  • 105.72%Equity capital to assets
  • 9.71%Core capital (leverage) ratio
  • 8.69%Tier 1 risk-based capital ratio
  • 14.22%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $79,867Average earning assets
  • $6,754Average equity
  • $76,681Average loans

List of branches

  • 1 Maryland Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0426761Maryland Financial Bank502 Washington Avenue, Suite 300, Towson, MD 21204October 25, 2004Full Service Brick and Mortar

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