Harford Bank in city_name, state_name - Detailed Financial Reports, Location

Harford Bank in Aberdeen, Maryland (MD)
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Harford Bank routing number info

Harford Bank - Overview

General
FDIC Certificate #: 19101
Status: Active
Federal Reserve ID: 660927
Date Established: May 01, 1964
WWW: http://www.harfordbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 8 (Domestic: 8, Interstate: No)
FDIC's unique #: 12933
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: May 01, 1964
Last Structure Change Effective Date: May 24, 2010
Last Structure Change Process Date: May 27, 2010
Last Data Update: May 27, 2010
Data Source Date: April 05, 2012
Location
Address: 8 West Bel Air Avenue, Aberdeen, MD 21001
County: Harford
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
Change in Location
Financial Summary
Total assets: $282.8 mil
Equity capital: $27.4 mil
Deposits held in domestic offices: $226.2 mil
Return on assets (ROA): 0.68% ($1.9 mil)
Quarterly return on assets: 0.62% ($1.8 mil)
Return on Equity (ROE): 7.13% ($1.9 mil)
Quarterly return on equity: 6.49% ($1.8 mil)
Net income: $1.9 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 1.04% ($2,941.3 mil)
Quarterly Pretax return on assets: 0.97% ($2,743.3 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
71Total employees (full-time equivalent)
$282,816Total assets
$14,512Cash and due from depository institutions
$6,504Interest-bearing balances
$31,068Securities
$2,027Federal funds sold & reverse repurchase agreements
$216,324Net loans & leases
$2,245Loan loss allowance
$0Trading account assets
$8,774Bank premises and fixed assets
$776Other real estate owned
$0Goodwill and other intangibles
$282,816Life insurance assets
$9,335All other assets
$255,369Total liabilities and capital
$226,155Total liabilities
$188,178Total deposits
$226,155Interest-bearing deposits
$81Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$28,000Trading liabilities
$0Other borrowed funds
$1,214Subordinated debt
$27,447All other liabilities
$27,447Total equity capital
$27,447Total bank equity capital
$0Perpetual preferred stock
$10,870Common stock
$12,335Surplus
$4,242Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$5,261Income earned, not collected on loans
$0Earning assets
$982Long-term assets (5+ years)
$255,923Average Assets, year-to-date
$65,954Average Assets, quarterly
$280,684Volatile liabilities
$283,586Insider loans
$221,426FHLB advances
$289,273Loans and leases held for sale
$4,435Unused loan commitments
$4,362Tier 1 (core) risk-based capital
$27,447Tier 2 risk-based capital
$0Total risk weighted assets
$73Total unused commitments
$32,523Restructured Loans and leases
$9,585Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$14,114Total interest income
$2,666Total interest expense
$11,448Net interest income
$1,230Provision for loan and lease losses
$888Total noninterest income
$0Fiduciary activities
$999Service charges on deposit accounts
$0Trading account gains & fees
-$111Additional noninterest income
$8,192Total noninterest expense
$4,353Salaries and employee benefits
$1,063Premises and equipment expense
$2,776Additional noninterest expense
$2,914Pre-tax net operating income
$0Securities gains (losses)
$1,013Applicable income taxes
$1,901Income before extraordinary items
$0Extraordinary gains - net
$1,901Net income attributable to bank
$0Net charge-offs
$1,901Cash dividends
$1,461Sale, conversion, retirement of capital stock, net
$731Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.54%Yield on earning assets
1.05%Cost of funding earning assets
4.50%Net interest margin
0.35%Noninterest income to earning assets
3.22%Noninterest expense to earning assets
0.68%Net operating income to assets
0.68%Return on assets (ROA)
1.04%Pretax return on assets
7.13%Return on equity (ROE)
4.39%Retained earnings to average equity (YTD only)
0.67%Net charge-offs to loans
84.19%Credit loss provision to net charge-offs
2.84%Efficiency ratio
66,407Assets per employee
3.98%Cash dividends to net income (YTD only)
Condition Ratios (%)
38.45%Loss allowance to loans
1.03%Loss allowance to noncurrent loans
42.67%Noncurrent assets plus other real estate owned to assets
2.13%Noncurrent loans to loans
2.41%Net loans and leases to deposits
95.65%Net loans and leases to core deposits
106.44%Equity capital to assets
9.70%Core capital (leverage) ratio
9.49%Tier 1 risk-based capital ratio
12.40%Total risk-based capital ratio
Memoranda
$13Average assets
$280,684Average earning assets
$26,664Average equity
$254,606Average loans

List of branches

8 Maryland Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	12933	Harford Bank	8 West Bel Air Avenue, Aberdeen, MD 21001	May 01, 1964	Full Service Brick and Mortar
2	247300	Joppatowne Branch	501 Riviera Drive, Joppatowne, MD 21085	March 04, 1974	Full Service Brick and Mortar
3	247301	Bel Air Branch	505 South Main Street, Bel Air, MD 21014	December 08, 1980	Full Service Brick and Mortar
4	247302	Havre De Grace Branch	960 Revolution Street, Havre De Grace, MD 21078	October 21, 1985	Full Service Brick and Mortar
5	247303	Box Hill Branch	2905 Emmorton Road, Abingdon, MD 21009	August 19, 1991	Full Service Brick and Mortar
7	247304	Marketplace Drive Branch	545 Marketplace Drive, Bel Air, MD 21014	Febuary 03, 1999	Full Service Brick and Mortar
8	463202	Elkton Branch	133 N. Bridge Street, Elkton, MD 21921	April 30, 2007	Full Service Brick and Mortar
9	518645	Hickory Branch	1610 Conowingo Road, Bel Air, MD 21014	March 23, 2011	Full Service Brick and Mortar

Harford Bank in Aberdeen, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches

Harford Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Harford Bank in Aberdeen, Maryland (MD)Overview, Financial Summary, Detailed Financial Reports, Branches

Harford Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Harford Bank in Aberdeen, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches