The Patapsco Bank in Baltimore, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Patapsco Bank - Overview

  • General
  • FDIC Certificate #: 30869
    Status: Active
    Federal Reserve ID: 105071
    Bank Holding Company (Regulatory Top Holder): Patapsco Bancorp, Inc. (RSSDID: 2384508, Location: Dundalk, MD)
    Date Established: January 01, 1910
    WWW: http://www.patapscobank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 43703
    Numeric code: 13
    Regulator: FED
    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: December 19, 1957
    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: 1301 Merritt Boulevard, Baltimore, MD 21222
    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
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $254.2 mil
    Equity capital: $18.7 mil
    Deposits held in domestic offices: $225.4 mil
    Return on assets (ROA): -1.15% (-$2.9 mil)
    Quarterly return on assets: -1.42% (-$3.6 mil)
    Return on Equity (ROE): -15.14% (-$2.9 mil)
    Quarterly return on equity: -18.83% (-$3.6 mil)
    Net income: -$3.0 mil
    Quarterly Net income: -$0.9 mil
    Pretax return on assets: -0.45% (-$1,143.8 mil)
    Quarterly Pretax return on assets: -1.42% (-$3,609.3 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
  • 60Total employees (full-time equivalent)
  • $254,173Total assets
  • $19,495Cash and due from depository institutions
  • $15,364Interest-bearing balances
  • $42,331Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $179,418Net loans & leases
  • $4,919Loan loss allowance
  • $0Trading account assets
  • $3,472Bank premises and fixed assets
  • $2,430Other real estate owned
  • $116Goodwill and other intangibles
  • $254,173Life insurance assets
  • $6,911All other assets
  • $235,496Total liabilities and capital
  • $225,434Total liabilities
  • $215,191Total deposits
  • $225,434Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $9,000Trading liabilities
  • $0Other borrowed funds
  • $1,062Subordinated debt
  • $18,677All other liabilities
  • $18,677Total equity capital
  • $18,677Total bank equity capital
  • $0Perpetual preferred stock
  • $1,500Common stock
  • $19,836Surplus
  • $-2,659Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $13,475Income earned, not collected on loans
  • $30Earning assets
  • $701Long-term assets (5+ years)
  • $237,113Average Assets, year-to-date
  • $111,544Average Assets, quarterly
  • $263,995Volatile liabilities
  • $255,476Insider loans
  • $161,459FHLB advances
  • $255,668Loans and leases held for sale
  • $2,327Unused loan commitments
  • $2,327Tier 1 (core) risk-based capital
  • $18,763Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $22,544Restructured Loans and leases
  • $288Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,092Total interest income
  • $3,235Total interest expense
  • $8,857Net interest income
  • $3,016Provision for loan and lease losses
  • $729Total noninterest income
  • $0Fiduciary activities
  • $481Service charges on deposit accounts
  • $0Trading account gains & fees
  • $248Additional noninterest income
  • $7,935Total noninterest expense
  • $3,673Salaries and employee benefits
  • $863Premises and equipment expense
  • $3,399Additional noninterest expense
  • -$1,365Pre-tax net operating income
  • $167Securities gains (losses)
  • $1,844Applicable income taxes
  • -$3,042Income before extraordinary items
  • $0Extraordinary gains - net
  • -$3,042Net income attributable to bank
  • $0Net charge-offs
  • -$3,042Cash dividends
  • $2,502Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.94%Yield on earning assets
  • 1.32%Cost of funding earning assets
  • 3.62%Net interest margin
  • 0.30%Noninterest income to earning assets
  • 3.24%Noninterest expense to earning assets
  • -1.22%Net operating income to assets
  • -1.15%Return on assets (ROA)
  • -0.45%Pretax return on assets
  • -15.14%Return on equity (ROE)
  • -15.14%Retained earnings to average equity (YTD only)
  • 1.32%Net charge-offs to loans
  • 120.54%Credit loss provision to net charge-offs
  • 0.66%Efficiency ratio
  • 82,245Assets per employee
  • 4.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.67%Loss allowance to noncurrent loans
  • 36.50%Noncurrent assets plus other real estate owned to assets
  • 6.26%Noncurrent loans to loans
  • 7.31%Net loans and leases to deposits
  • 79.59%Net loans and leases to core deposits
  • 81.52%Equity capital to assets
  • 7.35%Core capital (leverage) ratio
  • 7.34%Tier 1 risk-based capital ratio
  • 11.62%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $263,995Average earning assets
  • $20,094Average equity
  • $244,581Average loans

List of branches

  • 5 Maryland Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    043703The Patapsco Bank1301 Merritt Boulevard, Baltimore, MD 21222January 01, 1910Full Service Brick and Mortar
    145225East Joppa Road Branch2028 East Joppa Road, Baltimore, MD 21234October 18, 1985Full Service Brick and Mortar
    4288286Glen Arm Branch12128 Long Green Pike, Glen Arm, MD 21057June 30, 1989Full Service Brick and Mortar
    5288287Hampden Branch821 West 36th Street, Baltimore, MD 21211March 01, 1992Full Service Brick and Mortar
    6466785Glen Meadows Branch11630 Glen Arm Road, Glen Arm, MD 21057September 01, 2006Full Service Retail

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