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


  • Monument Bank in Bethesda, Maryland (MD)
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Monument Bank - Overview

  • General
  • FDIC Certificate #: 57942
    Status: Active
    Federal Reserve ID: 3336607
    Date Established: September 06, 2005
    WWW: http://www.monumentbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 432254
    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: September 06, 2005
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 7475 Wisconsin Avenue, Bethesda, MD 20814
    County: Montgomery
    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): Washington, DC-MD-VA-WV (#8840)
    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): Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    CBSA Metro Statistical Area: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    Core Based Statistical Division: Bethesda-Rockville-Frederick, MD (#13644)
  • History of Changes
  • Corrections
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $365.1 mil
    Equity capital: $37.0 mil
    Deposits held in domestic offices: $292.7 mil
    Return on assets (ROA): 0.72% ($2.6 mil)
    Quarterly return on assets: 0.97% ($3.5 mil)
    Return on Equity (ROE): 8.02% ($3.0 mil)
    Quarterly return on equity: 9.70% ($3.6 mil)
    Net income: $2.5 mil
    Quarterly Net income: $0.9 mil
    Pretax return on assets: 1.15% ($4,198.8 mil)
    Quarterly Pretax return on assets: 1.54% ($5,622.7 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
  • 56Total employees (full-time equivalent)
  • $365,111Total assets
  • $21,227Cash and due from depository institutions
  • $16,439Interest-bearing balances
  • $86,370Securities
  • $477Federal funds sold & reverse repurchase agreements
  • $242,537Net loans & leases
  • $2,890Loan loss allowance
  • $0Trading account assets
  • $1,224Bank premises and fixed assets
  • $260Other real estate owned
  • $123Goodwill and other intangibles
  • $365,111Life insurance assets
  • $12,893All other assets
  • $328,115Total liabilities and capital
  • $292,682Total liabilities
  • $254,392Total deposits
  • $292,682Interest-bearing deposits
  • $77Deposits held in domestic offices
  • 19950.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $14,000Trading liabilities
  • $0Other borrowed funds
  • $1,483Subordinated debt
  • $36,996All other liabilities
  • $36,996Total equity capital
  • $36,996Total bank equity capital
  • $11,355Perpetual preferred stock
  • $3,168Common stock
  • $19,646Surplus
  • $2,827Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $3,031Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,155Income earned, not collected on loans
  • $0Earning assets
  • $1,361Long-term assets (5+ years)
  • $345,823Average Assets, year-to-date
  • $156,296Average Assets, quarterly
  • $349,212Volatile liabilities
  • $367,115Insider loans
  • $255,212FHLB advances
  • $372,130Loans and leases held for sale
  • $8,169Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $36,310Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $8,169Total unused commitments
  • $54,654Restructured Loans and leases
  • $11,097Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $16,093Total interest income
  • $3,307Total interest expense
  • $12,786Net interest income
  • $985Provision for loan and lease losses
  • $1,140Total noninterest income
  • $0Fiduciary activities
  • $63Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,077Additional noninterest income
  • $8,943Total noninterest expense
  • $5,423Salaries and employee benefits
  • $961Premises and equipment expense
  • $2,559Additional noninterest expense
  • $3,998Pre-tax net operating income
  • $7Securities gains (losses)
  • $1,488Applicable income taxes
  • $2,517Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,517Net income attributable to bank
  • $0Net charge-offs
  • $2,517Cash dividends
  • $580Sale, conversion, retirement of capital stock, net
  • $312Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.81%Yield on earning assets
  • 0.99%Cost of funding earning assets
  • 3.82%Net interest margin
  • 0.34%Noninterest income to earning assets
  • 2.67%Noninterest expense to earning assets
  • 0.72%Net operating income to assets
  • 0.72%Return on assets (ROA)
  • 1.15%Pretax return on assets
  • 8.02%Return on equity (ROE)
  • 7.03%Retained earnings to average equity (YTD only)
  • 0.25%Net charge-offs to loans
  • 169.83%Credit loss provision to net charge-offs
  • 8.59%Efficiency ratio
  • 64,218Assets per employee
  • 6.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 12.40%Loss allowance to loans
  • 1.18%Loss allowance to noncurrent loans
  • 69.55%Noncurrent assets plus other real estate owned to assets
  • 1.21%Noncurrent loans to loans
  • 1.69%Net loans and leases to deposits
  • 82.87%Net loans and leases to core deposits
  • 93.94%Equity capital to assets
  • 10.13%Core capital (leverage) ratio
  • 9.76%Tier 1 risk-based capital ratio
  • 14.23%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $349,212Average earning assets
  • $31,381Average equity
  • $334,531Average loans

List of branches

  • 2 Maryland Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0432254Monument Bank7475 Wisconsin Avenue, Bethesda, MD 20814September 06, 2005Full Service Brick and Mortar
    1510544Silver Spring Branch8602 Colesville Road, Silver Spring, MD 20910May 26, 2010Full Service Brick and Mortar

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