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- The Peoples Bank of Elkton
The Peoples Bank of Elkton in Elkton, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of August 15, 2009
- The Peoples Bank of Elkton in Elkton, Maryland (MD)
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The Peoples Bank of Elkton - Overview
- General
- FDIC Certificate #: 9700
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The Columbia Bank (#27244)
Federal Reserve ID: 613222
Date Established: January 01, 1923
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 10843
FDIC's unique #: 6206
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: August 15, 2009
Last Structure Change Process Date: September 28, 2009
Last Data Update: September 28, 2009
Data Source Date: April 05, 2012 - Location
- Address: 130 North Street, Elkton, MD 21921
County: Cecil
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): Wilmington-Newark, DE-MD (#9160)
Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77)
Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428)
Core Based Statistical Area (CBSA): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
Core Based Statistical Division: Wilmington, DE-MD-NJ (#48864) - Financial Summary
- Total assets: $148.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2008)
- Dollar figures in thousands
- 22Total employees (full-time equivalent)
- $139,900Total assets
- $2,088Cash and due from depository institutions
- $74Interest-bearing balances
- $45,067Securities
- $10,517Federal funds sold & reverse repurchase agreements
- $78,513Net loans & leases
- $1,369Loan loss allowance
- $0Trading account assets
- $2,425Bank premises and fixed assets
- $0Other real estate owned
- $105Goodwill and other intangibles
- $0Life insurance assets
- $1,185All other assets
- $139,900Total liabilities and capital
- $131,260Total liabilities
- $123,035Total deposits
- $105,718Interest-bearing deposits
- $123,035Deposits held in domestic offices
- 0.00%% insured (estimated)
- $0Federal funds purchased & repurchase agreements
- $0Trading liabilities
- $7,225Other borrowed funds
- $0Subordinated debt
- $1,000All other liabilities
- $8,640Total equity capital
- $8,640Total bank equity capital
- $8,640Perpetual preferred stock
- $0Common stock
- $2,306Surplus
- $2,306Undivided profits
- Memoranda
- $4,028Noncurrent loans and leases
- $16,864Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $0Income earned, not collected on loans
- $699Earning assets
- $0Long-term assets (5+ years)
- $498Average Assets, year-to-date
- $134,171Average Assets, quarterly
- $46,869Volatile liabilities
- $127,386Insider loans
- $134,235FHLB advances
- $34,595Loans and leases held for sale
- $1,785Unused loan commitments
- $2,000Tier 1 (core) risk-based capital
- $2,267Tier 2 risk-based capital
- $80Total risk weighted assets
- $16,864Total unused commitments
- $0Restructured Loans and leases
- $1,017Derivatives
Income and Expense (December 31, 2008)
- Dollar figures in thousands
- $7,121Total interest income
- $2,431Total interest expense
- $4,690Net interest income
- $0Provision for loan and lease losses
- $1,686Total noninterest income
- $0Fiduciary activities
- $939Service charges on deposit accounts
- $0Trading account gains & fees
- $747Additional noninterest income
- $3,187Total noninterest expense
- $1,176Salaries and employee benefits
- $366Premises and equipment expense
- $1,645Additional noninterest expense
- $3,189Pre-tax net operating income
- $89Securities gains (losses)
- $996Applicable income taxes
- $2,282Income before extraordinary items
- $0Extraordinary gains - net
- $2,282Net income attributable to bank
- $0Net charge-offs
- $0Cash dividends
- $64Sale, conversion, retirement of capital stock, net
- $1,665Net operating income
Performance and Condition Ratios (December 31, 2008)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 5.90%Yield on earning assets
- 2.01%Cost of funding earning assets
- 3.89%Net interest margin
- 1.40%Noninterest income to earning assets
- 2.64%Noninterest expense to earning assets
- 1.74%Net operating income to assets
- 1.79%Return on assets (ROA)
- 2.57%Pretax return on assets
- 28.81%Return on equity (ROE)
- 7.79%Retained earnings to average equity (YTD only)
- 0.08%Net charge-offs to loans
- 0.00%Credit loss provision to net charge-offs
- 49.83%Efficiency ratio
- 49,984Assets per employee
- 6.36%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 72.96%Loss allowance to loans
- 1.71%Loss allowance to noncurrent loans
- 195.85%Noncurrent assets plus other real estate owned to assets
- 0.50%Noncurrent loans to loans
- 0.88%Net loans and leases to deposits
- 63.81%Net loans and leases to core deposits
- 83.82%Equity capital to assets
- 6.18%Core capital (leverage) ratio
- 5.96%Tier 1 risk-based capital ratio
- 9.77%Total risk-based capital ratio
- Memoranda
- $11Average assets
- $127,386Average earning assets
- $7,922Average equity
- $120,646Average loans
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