The Chesapeake Bank & Trust Co. in Chestertown, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • The Chesapeake Bank & Trust Co. in Chestertown, Maryland (MD)
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The Chesapeake Bank & Trust Co. - Overview

  • General
  • FDIC Certificate #: 26847
    Status: Active
    Federal Reserve ID: 304520
    Bank Holding Company (Regulatory Top Holder): Chesapeake Bancorp Employee Stock Ownership Plan With 401(K) Provisions (RSSDID: 2857758, Location: Chestertown, MD)
    Date Established: December 15, 1986
    WWW: http://www.chesapeaketrust.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)
    OTS Docket #: 11320
    FDIC's unique #: 36091
    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: December 15, 1986
    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: 245 High Street, Chestertown, MD 21620
    County: Kent
    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
  • History of Changes
  • Corrections
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $92.1 mil
    Equity capital: $9.8 mil
    Deposits held in domestic offices: $62.9 mil
    Return on assets (ROA): 2.05% ($1.9 mil)
    Quarterly return on assets: 3.62% ($3.3 mil)
    Return on Equity (ROE): 19.85% ($2.0 mil)
    Quarterly return on equity: 35.65% ($3.6 mil)
    Net income: $2.0 mil
    Quarterly Net income: $0.9 mil
    Pretax return on assets: 2.05% ($1,889.0 mil)
    Quarterly Pretax return on assets: 3.62% ($3,335.6 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
  • 21Total employees (full-time equivalent)
  • $92,144Total assets
  • $4,029Cash and due from depository institutions
  • $326Interest-bearing balances
  • $20,020Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $62,527Net loans & leases
  • $1,120Loan loss allowance
  • $0Trading account assets
  • $270Bank premises and fixed assets
  • $1,618Other real estate owned
  • $0Goodwill and other intangibles
  • $92,144Life insurance assets
  • $3,680All other assets
  • $82,371Total liabilities and capital
  • $62,856Total liabilities
  • $48,953Total deposits
  • $62,856Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 16177.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $873Trading liabilities
  • $0Other borrowed funds
  • $2,465Subordinated debt
  • $9,773All other liabilities
  • $9,773Total equity capital
  • $9,773Total bank equity capital
  • $0Perpetual preferred stock
  • $2,910Common stock
  • $2,915Surplus
  • $3,948Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $862Income earned, not collected on loans
  • $0Earning assets
  • $287Long-term assets (5+ years)
  • $82,873Average Assets, year-to-date
  • $1,326Average Assets, quarterly
  • $96,928Volatile liabilities
  • $97,495Insider loans
  • $61,943FHLB advances
  • $96,390Loans and leases held for sale
  • $2,779Unused loan commitments
  • $2,779Tier 1 (core) risk-based capital
  • $9,771Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $21,692Restructured Loans and leases
  • $1,422Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,088Total interest income
  • $556Total interest expense
  • $3,532Net interest income
  • $84Provision for loan and lease losses
  • $835Total noninterest income
  • $0Fiduciary activities
  • $155Service charges on deposit accounts
  • $0Trading account gains & fees
  • $680Additional noninterest income
  • $2,297Total noninterest expense
  • $1,097Salaries and employee benefits
  • $171Premises and equipment expense
  • $1,029Additional noninterest expense
  • $1,986Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $1,986Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,986Net income attributable to bank
  • $0Net charge-offs
  • $1,986Cash dividends
  • $195Sale, conversion, retirement of capital stock, net
  • $2,310Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.81%Yield on earning assets
  • 0.65%Cost of funding earning assets
  • 4.16%Net interest margin
  • 0.98%Noninterest income to earning assets
  • 2.70%Noninterest expense to earning assets
  • 2.05%Net operating income to assets
  • 2.05%Return on assets (ROA)
  • 2.05%Pretax return on assets
  • 19.85%Return on equity (ROE)
  • -3.24%Retained earnings to average equity (YTD only)
  • 0.29%Net charge-offs to loans
  • 43.08%Credit loss provision to net charge-offs
  • 10.62%Efficiency ratio
  • 52,599Assets per employee
  • 4.39%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 116.31%Loss allowance to loans
  • 1.76%Loss allowance to noncurrent loans
  • 129.93%Noncurrent assets plus other real estate owned to assets
  • 2.69%Noncurrent loans to loans
  • 1.35%Net loans and leases to deposits
  • 99.48%Net loans and leases to core deposits
  • 107.64%Equity capital to assets
  • 10.61%Core capital (leverage) ratio
  • 10.14%Tier 1 risk-based capital ratio
  • 15.77%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $96,928Average earning assets
  • $10,005Average equity
  • $84,938Average loans

List of branches

  • 2 Maryland Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    036091The Chesapeake Bank & Trust Co.245 High Street, Chestertown, MD 21620December 15, 1986Full Service Brick and Mortar
    3204397Chestertown Drive-In Branch301 Morgnec Road, Chestertown, MD 21620July 02, 1962Full Service Brick and Mortar

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