The Talbot Bank of Easton, Maryland in Easton, Maryland (MD)



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The Talbot Bank of Easton, Maryland routing number info

Table of contents:
The Talbot Bank of Easton, Maryland
GeneralFDIC Certificate #: 1893
Status: Active
Federal Reserve ID: 796125
Bank Holding Company (Regulatory Top Holder): Shore Bancshares, Inc. (RSSDID: 2429838, Location: Easton, MD)
Date Established: June 08, 1885
WWW: http://www.talbot-bank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 7 (Domestic: 7, Interstate: No)
FDIC's unique #: 1262
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: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 18 Dover Street, Easton, MD 21601
County: Talbot
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
Core Based Statistical Area (CBSA): Easton, MD (#20660)
CBSA Micro Statistical Area: Yes
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $707.4 mil
Equity capital: $60.9 mil
Deposits held in domestic offices: $626.9 mil
Return on assets (ROA): -0.30% (-$2.1 mil)
Quarterly return on assets: -0.04% (-$0.3 mil)
Return on Equity (ROE): -3.35% (-$2.0 mil)
Quarterly return on equity: -0.51% (-$0.3 mil)
Net income: -$2.1 mil
Quarterly Net income: -$0.1 mil
Pretax return on assets: -0.50% (-$3,536.9 mil)
Quarterly Pretax return on assets: -0.08% (-$565.9 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)
Total employees (full-time equivalent)75
Total assets$707,386
Cash and due from depository institutions$100,277
Interest-bearing balances$92,736
Securities$47,215
Federal funds sold & reverse repurchase agreements$4,980
Net loans & leases$530,004
Loan loss allowance $9,670
Trading account assets$0
Bank premises and fixed assets$2,972
Other real estate owned$6,026
Goodwill and other intangibles$0
All other assets$15,912
Life insurance assets$707,386
Total liabilities and capital$646,465
Total liabilities$626,944
Total deposits$608,156
Interest-bearing deposits$626,944
Deposits held in domestic offices$86
% insured (estimated)16654.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $2,867
All other liabilities $60,921
Total equity capital$60,921
Total bank equity capital$60,921
Perpetual preferred stock$0
Common stock$5,938
Surplus$6,541
Undivided profits $48,442
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $45,093
Earning assets $0
Long-term assets (5+ years) $2,334
Average Assets, year-to-date $674,935
Average Assets, quarterly $43,415
Volatile liabilities $694,335
Insider loans $709,227
FHLB advances $551,202
Loans and leases held for sale $706,984
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $63,667
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $78,535
Derivatives$18,815
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $30,991
Total interest expense $7,453
Net interest income $23,538
Provision for loan and lease losses $16,320
Total noninterest income $1,473
Fiduciary activities $0
Service charges on deposit accounts $1,390
Trading account gains & fees $0
Additional noninterest income $83
Total noninterest expense $12,643
Salaries and employee benefits $4,781
Premises and equipment expense $862
Additional noninterest expense $7,000
Pre-tax net operating income -$3,952
Securities gains (losses) $483
Applicable income taxes -$1,401
Income before extraordinary items -$2,068
Extraordinary gains - net $0
Net income attributable to bank -$2,068
Net charge-offs $0
Cash dividends -$2,068
Sale, conversion, retirement of capital stock, net $15,961
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.67%
Cost of funding earning assets 1.12%
Net interest margin 3.54%
Noninterest income to earning assets 0.22%
Noninterest expense to earning assets 1.90%
Net operating income to assets -0.34%
Return on assets (ROA) -0.30%
Pretax return on assets -0.50%
Return on equity (ROE) -3.35%
Retained earnings to average equity (YTD only) -3.35%
Net charge-offs to loans 2.82%
Credit loss provision to net charge-offs 102.25%
Efficiency ratio0.77%
Assets per employee$50,550
Cash dividends to net income (YTD only)9.43%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.79%
Noncurrent assets plus other real estate owned to assets 21.44%
Noncurrent loans to loans 7.23%
Net loans and leases to deposits8.36%
Net loans and leases to core deposits 84.54%
Equity capital to assets 119.87%
Core capital (leverage) ratio 8.61%
Tier 1 risk-based capital ratio 9.01%
Total risk-based capital ratio 11.55%
Memoranda
Average assets$13
Average earning assets$694,335
Average equity $61,762
Average loans $664,039
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7 Maryland Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
01262The Talbot Bank Of Easton, Maryland18 Dover Street, Easton, MD 21601June 08, 1885Full Service Brick and Mortar
1190391Tred Avon Square Branch210 Marlboro Road, Easton, MD 21601September 20, 1976Full Service Brick and Mortar
2190392St. Michaels Branch1013 S. Talbot Street, St. Michaels, MD 21663August 01, 1986Full Service Brick and Mortar
3190393Elliott Road Branch8275 Elliott Road, Easton, MD 21601October 12, 1994Full Service Brick and Mortar
5442543Sunburst Highway Branch424 Dorchester Avenue, Cambridge, MD 21613November 01, 2004Full Service Brick and Mortar
6476950The Talbot Bank Tilghman Branch5804 Tilghman Island Road, Tilghman, MD 21671June 06, 2008Full Service Brick and Mortar
7493271Trappe Branch29349 Maple Avenue, Suite #1, Trappe, MD 21673June 29, 2009Full Service Brick and Mortar
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