FDIC Certificate #: 57821 Status: Active Federal Reserve ID: 3284100 Date Established: October 25, 2004 WWW:http://www.mdfinbank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 426761 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: October 25, 2004 Last Structure Change Effective Date: April 28, 2009 Last Structure Change Process Date: June 19, 2009 Last Data Update: June 19, 2009 Data Source Date: April 05, 2012
Location
Address: 502 Washington Avenue, Suite 300, Towson, MD 21204 County: Baltimore 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
Corrections
Financial Summary
Total assets: $69.8 mil Equity capital: $6.8 mil Deposits held in domestic offices: $46.5 mil Return on assets (ROA): -0.95% (-$0.7 mil) Quarterly return on assets: 0.19% ($0.1 mil) Return on Equity (ROE): -11.19% (-$0.8 mil) Quarterly return on equity: 2.13% ($0.1 mil) Net income: -$0.8 mil Quarterly Net income: $0.0 mil Pretax return on assets: -0.94% (-$656.3 mil) Quarterly Pretax return on assets: 0.19% ($132.7 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
14Total employees (full-time equivalent)
$69,817Total assets
$13,970Cash and due from depository institutions
$13,842Interest-bearing balances
$7,393Securities
$0Federal funds sold & reverse repurchase agreements
$46,050Net loans & leases
$497Loan loss allowance
$0Trading account assets
$15Bank premises and fixed assets
$1,659Other real estate owned
$0Goodwill and other intangibles
$69,817Life insurance assets
$730All other assets
$63,038Total liabilities and capital
$46,495Total liabilities
$44,082Total deposits
$46,495Interest-bearing deposits
$97Deposits held in domestic offices
16400.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$143Subordinated debt
$6,779All other liabilities
$6,779Total equity capital
$6,779Total bank equity capital
$1,742Perpetual preferred stock
$5,784Common stock
$2,845Surplus
$-3,592Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,220Income earned, not collected on loans
$0Earning assets
$213Long-term assets (5+ years)
$67,285Average Assets, year-to-date
$8,206Average Assets, quarterly
$79,867Volatile liabilities
$76,415Insider loans
$47,205FHLB advances
$77,251Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$6,714Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,214Restructured Loans and leases
$483Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,175Total interest income
$910Total interest expense
$2,265Net interest income
$594Provision for loan and lease losses
-$99Total noninterest income
$0Fiduciary activities
$18Service charges on deposit accounts
$0Trading account gains & fees
-$117Additional noninterest income
$2,325Total noninterest expense
$1,441Salaries and employee benefits
$139Premises and equipment expense
$745Additional noninterest expense
-$753Pre-tax net operating income
$0Securities gains (losses)
$3Applicable income taxes
-$756Income before extraordinary items
$0Extraordinary gains - net
-$756Net income attributable to bank
$0Net charge-offs
-$756Cash dividends
$1,279Sale, conversion, retirement of capital stock, net
$109Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.14%Yield on earning assets
1.19%Cost of funding earning assets
2.95%Net interest margin
-0.13%Noninterest income to earning assets
3.03%Noninterest expense to earning assets
-0.95%Net operating income to assets
-0.95%Return on assets (ROA)
-0.94%Pretax return on assets
-11.19%Return on equity (ROE)
-12.81%Retained earnings to average equity (YTD only)
2.45%Net charge-offs to loans
46.44%Credit loss provision to net charge-offs
-0.12%Efficiency ratio
107,341Assets per employee
4.99%Cash dividends to net income (YTD only)
Condition Ratios (%)
-14.42%Loss allowance to loans
1.07%Loss allowance to noncurrent loans
22.39%Noncurrent assets plus other real estate owned to assets
5.56%Noncurrent loans to loans
4.77%Net loans and leases to deposits
99.04%Net loans and leases to core deposits
105.72%Equity capital to assets
9.71%Core capital (leverage) ratio
8.69%Tier 1 risk-based capital ratio
14.22%Total risk-based capital ratio
Memoranda
$15Average assets
$79,867Average earning assets
$6,754Average equity
$76,681Average loans
List of branches
1 Maryland Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
426761
Maryland Financial Bank
502 Washington Avenue, Suite 300, Towson, MD 21204
October 25, 2004
Full Service Brick and Mortar
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Maryland Financial Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: