The Bank of Fruitland in Fruitland, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 01, 2000

  • The Bank of Fruitland in Fruitland, Maryland (MD)
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The Bank of Fruitland - Overview

  • General
  • FDIC Certificate #: 5862
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Peninsula Bank (#14874)
    Federal Reserve ID: 813929
    Date Established: January 01, 1911
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Interstate: No)
    OTS Docket #: 14655
    FDIC's unique #: 4005
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: December 01, 2000
    Last Structure Change Process Date: December 28, 2000
    Last Data Update: December 28, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 109 East Main Street, Fruitland, MD 21826
    County: Wicomico
    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
    Combined Statistical Area (CSA): Salisbury-Ocean Pines, MD (#480)
    Core Based Statistical Area (CBSA): Salisbury, MD (#41540)
    CBSA Metro Statistical Area: Salisbury, MD (#41540)
  • Financial Summary
  • Total assets: $134.5 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 85Total employees (full-time equivalent)
  • $145,251Total assets
  • $12,620Cash and due from depository institutions
  • $2,981Interest-bearing balances
  • $17,420Securities
  • $238Federal funds sold & reverse repurchase agreements
  • $110,462Net loans & leases
  • $1,104Loan loss allowance
  • $0Trading account assets
  • $2,704Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,807All other assets
  • $145,251Total liabilities and capital
  • $131,440Total liabilities
  • $118,761Total deposits
  • $99,125Interest-bearing deposits
  • $118,761Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $12,000Other borrowed funds
  • $0Subordinated debt
  • $679All other liabilities
  • $13,811Total equity capital
  • $13,811Total bank equity capital
  • $13,811Perpetual preferred stock
  • $0Common stock
  • $2,200Surplus
  • $6,150Undivided profits
  • Memoranda
  • $5,461Noncurrent loans and leases
  • $15,025Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $799Earning assets
  • $0Long-term assets (5+ years)
  • $638Average Assets, year-to-date
  • $131,101Average Assets, quarterly
  • $51,622Volatile liabilities
  • $139,316Insider loans
  • $147,792FHLB advances
  • $13,128Loans and leases held for sale
  • $8,505Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,479Total risk weighted assets
  • $15,025Total unused commitments
  • $0Restructured Loans and leases
  • $1,104Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $11,116Total interest income
  • $4,858Total interest expense
  • $6,258Net interest income
  • $490Provision for loan and lease losses
  • $1,789Total noninterest income
  • $0Fiduciary activities
  • $449Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,340Additional noninterest income
  • $5,281Total noninterest expense
  • $3,017Salaries and employee benefits
  • $754Premises and equipment expense
  • $1,510Additional noninterest expense
  • $2,276Pre-tax net operating income
  • $0Securities gains (losses)
  • $840Applicable income taxes
  • $1,436Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,436Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $352Sale, conversion, retirement of capital stock, net
  • $704Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.57%Yield on earning assets
  • 3.75%Cost of funding earning assets
  • 4.83%Net interest margin
  • 1.38%Noninterest income to earning assets
  • 4.07%Noninterest expense to earning assets
  • 1.03%Net operating income to assets
  • 1.03%Return on assets (ROA)
  • 1.63%Pretax return on assets
  • 10.43%Return on equity (ROE)
  • 5.31%Retained earnings to average equity (YTD only)
  • 0.33%Net charge-offs to loans
  • 139.20%Credit loss provision to net charge-offs
  • 7.86%Efficiency ratio
  • 65,627Assets per employee
  • 1.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 49.03%Loss allowance to loans
  • 0.99%Loss allowance to noncurrent loans
  • 138.17%Noncurrent assets plus other real estate owned to assets
  • 0.55%Noncurrent loans to loans
  • 0.72%Net loans and leases to deposits
  • 93.01%Net loans and leases to core deposits
  • 100.76%Equity capital to assets
  • 9.51%Core capital (leverage) ratio
  • 9.43%Tier 1 risk-based capital ratio
  • 14.04%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $139,316Average earning assets
  • $13,773Average equity
  • $129,697Average loans

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