The Peoples Bank in Chestertown, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • The Peoples Bank in Chestertown, Maryland (MD)
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The Peoples Bank - Overview

  • General
  • FDIC Certificate #: 12885
    Status: Active
    Federal Reserve ID: 750127
    Bank Holding Company (Regulatory Top Holder): Peoples Bancorp, Inc. (RSSDID: 2531049, Location: Chestertown, MD)
    Date Established: October 01, 1910
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 14724
    FDIC's unique #: 8157
    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: January 01, 1934
    Last Structure Change Effective Date: April 28, 2006
    Last Structure Change Process Date: July 03, 2006
    Last Data Update: July 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 Spring Avenue, 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
    Name Change
  • Financial Summary
  • Total assets: $252.3 mil
    Equity capital: $23.1 mil
    Deposits held in domestic offices: $204.3 mil
    Return on assets (ROA): -0.79% (-$2.0 mil)
    Quarterly return on assets: -1.69% (-$4.3 mil)
    Return on Equity (ROE): -7.98% (-$1.8 mil)
    Quarterly return on equity: -17.78% (-$4.1 mil)
    Net income: -$2.0 mil
    Quarterly Net income: -$1.1 mil
    Pretax return on assets: -1.37% (-$3,456.8 mil)
    Quarterly Pretax return on assets: -2.74% (-$6,913.6 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
  • 66Total employees (full-time equivalent)
  • $252,321Total assets
  • $27,614Cash and due from depository institutions
  • $460Interest-bearing balances
  • $9,080Securities
  • $9,018Federal funds sold & reverse repurchase agreements
  • $188,876Net loans & leases
  • $4,296Loan loss allowance
  • $0Trading account assets
  • $5,619Bank premises and fixed assets
  • $4,122Other real estate owned
  • $0Goodwill and other intangibles
  • $252,321Life insurance assets
  • $7,992All other assets
  • $229,251Total liabilities and capital
  • $204,304Total liabilities
  • $161,899Total deposits
  • $204,304Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 2917.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $20,000Trading liabilities
  • $0Other borrowed funds
  • $2,030Subordinated debt
  • $23,070All other liabilities
  • $23,070Total equity capital
  • $23,070Total bank equity capital
  • $0Perpetual preferred stock
  • $2,920Common stock
  • $3,920Surplus
  • $16,230Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $9,572Income earned, not collected on loans
  • $0Earning assets
  • $1,088Long-term assets (5+ years)
  • $207,434Average Assets, year-to-date
  • $398Average Assets, quarterly
  • $248,102Volatile liabilities
  • $250,084Insider loans
  • $190,851FHLB advances
  • $248,461Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $23,622Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $19,727Restructured Loans and leases
  • $8,247Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,719Total interest income
  • $3,185Total interest expense
  • $8,534Net interest income
  • $6,550Provision for loan and lease losses
  • $1,181Total noninterest income
  • $0Fiduciary activities
  • $1,069Service charges on deposit accounts
  • $0Trading account gains & fees
  • $112Additional noninterest income
  • $6,569Total noninterest expense
  • $3,264Salaries and employee benefits
  • $715Premises and equipment expense
  • $2,590Additional noninterest expense
  • -$3,404Pre-tax net operating income
  • $0Securities gains (losses)
  • -$1,435Applicable income taxes
  • -$1,969Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,969Net income attributable to bank
  • $0Net charge-offs
  • -$1,969Cash dividends
  • $7,911Sale, conversion, retirement of capital stock, net
  • $317Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.51%Yield on earning assets
  • 1.50%Cost of funding earning assets
  • 4.01%Net interest margin
  • 0.56%Noninterest income to earning assets
  • 3.09%Noninterest expense to earning assets
  • -0.79%Net operating income to assets
  • -0.79%Return on assets (ROA)
  • -1.37%Pretax return on assets
  • -7.98%Return on equity (ROE)
  • -9.27%Retained earnings to average equity (YTD only)
  • 3.90%Net charge-offs to loans
  • 82.80%Credit loss provision to net charge-offs
  • 0.40%Efficiency ratio
  • 67,617Assets per employee
  • 3.82%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -16.10%Loss allowance to loans
  • 2.22%Loss allowance to noncurrent loans
  • 44.88%Noncurrent assets plus other real estate owned to assets
  • 5.43%Noncurrent loans to loans
  • 4.96%Net loans and leases to deposits
  • 92.45%Net loans and leases to core deposits
  • 97.61%Equity capital to assets
  • 9.14%Core capital (leverage) ratio
  • 9.51%Tier 1 risk-based capital ratio
  • 12.38%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $248,102Average earning assets
  • $24,673Average equity
  • $212,725Average loans

List of branches

  • 7 Maryland Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08157The Peoples Bank100 Spring Avenue, Chestertown, MD 21620October 01, 1910Full Service Brick and Mortar
    1228174Rock Hall BranchRoutes 20 And 445, Rock Hall, MD 21661October 01, 1910Full Service Brick and Mortar
    2228175Lees Corner BranchRoutes 291 And 213, Chestertown, MD 21620April 02, 1979Full Service Brick and Mortar
    3228176Galena BranchRoute 213 And Mill Lane, Galena, MD 21635July 20, 1987Full Service Brick and Mortar
    4228177Millington Branch31905 River Road, Millington, MD 21651August 15, 1998Full Service Brick and Mortar
    5467328Church Hill Office Branch1005 Sudlersville Road, Church Hill, MD 21623August 09, 2007Full Service Brick and Mortar
    6484680Sudlersville Branch228 East Main Street, Sudlersville, MD 21668December 23, 2008Full Service Brick and Mortar

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