Citizens Bank of Maryland in Laurel, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 14, 1997

  • Citizens Bank of Maryland in Laurel, Maryland (MD)
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Citizens Bank of Maryland - Overview

  • General
  • FDIC Certificate #: 9702
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Crestar Bank (#12543)
    Federal Reserve ID: 251624
    Date Established: November 20, 1928
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 96 (Interstate: No)
    OTS Docket #: 12678
    FDIC's unique #: 6207
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 14, 1997
    Last Structure Change Process Date: March 20, 1997
    Last Data Update: March 20, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 14401 Sweitzer Lane, Laurel, MD 20707
    County: Prince George's
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Baltimore
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Washington, DC-MD-VA-WV (#8840)
    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): Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    CBSA Metro Statistical Area: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    Core Based Statistical Division: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47894)
  • Financial Summary
  • Total assets: $3,842.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $1,630Total assets
  • $3,842,022Cash and due from depository institutions
  • $194,863Interest-bearing balances
  • $0Securities
  • $1,296,947Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $2,204,633Loan loss allowance
  • $30,855Trading account assets
  • $0Bank premises and fixed assets
  • $54,762Other real estate owned
  • $13,263Goodwill and other intangibles
  • $76,730Life insurance assets
  • $824All other assets
  • $0Total liabilities and capital
  • $3,842,022Total liabilities
  • $3,538,393Total deposits
  • $2,764,650Interest-bearing deposits
  • $2,132,094Deposits held in domestic offices
  • 2764650.00%% insured (estimated)
  • $83Federal funds purchased & repurchase agreements
  • $711,823Trading liabilities
  • $0Other borrowed funds
  • $4,017Subordinated debt
  • $0All other liabilities
  • $57,903Total equity capital
  • $57,903Total bank equity capital
  • $303,629Perpetual preferred stock
  • $0Common stock
  • $19,816Surplus
  • $109,730Undivided profits
  • Memoranda
  • $174,083Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $15,670Income earned, not collected on loans
  • $11,566Earning assets
  • $3,501,580Long-term assets (5+ years)
  • $735,996Average Assets, year-to-date
  • $3,840,737Average Assets, quarterly
  • $3,866,818Volatile liabilities
  • $806,922Insider loans
  • $43,258FHLB advances
  • $0Loans and leases held for sale
  • $12,950Unused loan commitments
  • $632,605Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $300,271Total risk weighted assets
  • $2,632,820Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $253,463Total interest expense
  • $124,111Net interest income
  • $129,352Provision for loan and lease losses
  • $4,860Total noninterest income
  • $44,650Fiduciary activities
  • $1,711Service charges on deposit accounts
  • $19,920Trading account gains & fees
  • $0Additional noninterest income
  • $23,019Total noninterest expense
  • $145,771Salaries and employee benefits
  • $69,458Premises and equipment expense
  • $27,104Additional noninterest expense
  • $49,209Pre-tax net operating income
  • $23,371Securities gains (losses)
  • $23Applicable income taxes
  • $7,538Income before extraordinary items
  • $15,856Extraordinary gains - net
  • $0Net income attributable to bank
  • $15,856Net charge-offs
  • $3,932Cash dividends
  • $16,042Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.22%Cost of funding earning assets
  • 3.54%Net interest margin
  • 3.69%Noninterest income to earning assets
  • 1.27%Noninterest expense to earning assets
  • 4.15%Net operating income to assets
  • 0.41%Return on assets (ROA)
  • 0.41%Pretax return on assets
  • 0.61%Return on equity (ROE)
  • 5.14%Retained earnings to average equity (YTD only)
  • -0.06%Net charge-offs to loans
  • 0.18%Credit loss provision to net charge-offs
  • 123.60%Efficiency ratio
  • 83,636Assets per employee
  • 2.36%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 101.17%Loss allowance to loans
  • 1.38%Loss allowance to noncurrent loans
  • 196.90%Noncurrent assets plus other real estate owned to assets
  • 0.75%Noncurrent loans to loans
  • 0.70%Net loans and leases to deposits
  • 79.74%Net loans and leases to core deposits
  • 82.46%Equity capital to assets
  • 7.90%Core capital (leverage) ratio
  • 7.92%Tier 1 risk-based capital ratio
  • 11.40%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $3,840,737Average earning assets
  • $308,472Average equity
  • $3,508,354Average loans

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