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

Monument Bank in Bethesda, Maryland (MD)
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Monument Bank routing number info

Monument Bank - Overview

General
FDIC Certificate #: 57942
Status: Active
Federal Reserve ID: 3336607
Date Established: September 06, 2005
WWW: http://www.monumentbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 432254
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: September 06, 2005
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
Location
Address: 7475 Wisconsin Avenue, Bethesda, MD 20814
County: Montgomery
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): 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: Bethesda-Rockville-Frederick, MD (#13644)
History of Changes
Corrections
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $365.1 mil
Equity capital: $37.0 mil
Deposits held in domestic offices: $292.7 mil
Return on assets (ROA): 0.72% ($2.6 mil)
Quarterly return on assets: 0.97% ($3.5 mil)
Return on Equity (ROE): 8.02% ($3.0 mil)
Quarterly return on equity: 9.70% ($3.6 mil)
Net income: $2.5 mil
Quarterly Net income: $0.9 mil
Pretax return on assets: 1.15% ($4,198.8 mil)
Quarterly Pretax return on assets: 1.54% ($5,622.7 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
56Total employees (full-time equivalent)
$365,111Total assets
$21,227Cash and due from depository institutions
$16,439Interest-bearing balances
$86,370Securities
$477Federal funds sold & reverse repurchase agreements
$242,537Net loans & leases
$2,890Loan loss allowance
$0Trading account assets
$1,224Bank premises and fixed assets
$260Other real estate owned
$123Goodwill and other intangibles
$365,111Life insurance assets
$12,893All other assets
$328,115Total liabilities and capital
$292,682Total liabilities
$254,392Total deposits
$292,682Interest-bearing deposits
$77Deposits held in domestic offices
19950.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$14,000Trading liabilities
$0Other borrowed funds
$1,483Subordinated debt
$36,996All other liabilities
$36,996Total equity capital
$36,996Total bank equity capital
$11,355Perpetual preferred stock
$3,168Common stock
$19,646Surplus
$2,827Undivided profits
Memoranda
$0Noncurrent loans and leases
$3,031Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$4,155Income earned, not collected on loans
$0Earning assets
$1,361Long-term assets (5+ years)
$345,823Average Assets, year-to-date
$156,296Average Assets, quarterly
$349,212Volatile liabilities
$367,115Insider loans
$255,212FHLB advances
$372,130Loans and leases held for sale
$8,169Unused loan commitments
$0Tier 1 (core) risk-based capital
$36,310Tier 2 risk-based capital
$0Total risk weighted assets
$8,169Total unused commitments
$54,654Restructured Loans and leases
$11,097Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$16,093Total interest income
$3,307Total interest expense
$12,786Net interest income
$985Provision for loan and lease losses
$1,140Total noninterest income
$0Fiduciary activities
$63Service charges on deposit accounts
$0Trading account gains & fees
$1,077Additional noninterest income
$8,943Total noninterest expense
$5,423Salaries and employee benefits
$961Premises and equipment expense
$2,559Additional noninterest expense
$3,998Pre-tax net operating income
$7Securities gains (losses)
$1,488Applicable income taxes
$2,517Income before extraordinary items
$0Extraordinary gains - net
$2,517Net income attributable to bank
$0Net charge-offs
$2,517Cash dividends
$580Sale, conversion, retirement of capital stock, net
$312Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.81%Yield on earning assets
0.99%Cost of funding earning assets
3.82%Net interest margin
0.34%Noninterest income to earning assets
2.67%Noninterest expense to earning assets
0.72%Net operating income to assets
0.72%Return on assets (ROA)
1.15%Pretax return on assets
8.02%Return on equity (ROE)
7.03%Retained earnings to average equity (YTD only)
0.25%Net charge-offs to loans
169.83%Credit loss provision to net charge-offs
8.59%Efficiency ratio
64,218Assets per employee
6.52%Cash dividends to net income (YTD only)
Condition Ratios (%)
12.40%Loss allowance to loans
1.18%Loss allowance to noncurrent loans
69.55%Noncurrent assets plus other real estate owned to assets
1.21%Noncurrent loans to loans
1.69%Net loans and leases to deposits
82.87%Net loans and leases to core deposits
93.94%Equity capital to assets
10.13%Core capital (leverage) ratio
9.76%Tier 1 risk-based capital ratio
14.23%Total risk-based capital ratio
Memoranda
$15Average assets
$349,212Average earning assets
$31,381Average equity
$334,531Average loans

List of branches

2 Maryland Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	432254	Monument Bank	7475 Wisconsin Avenue, Bethesda, MD 20814	September 06, 2005	Full Service Brick and Mortar
1	510544	Silver Spring Branch	8602 Colesville Road, Silver Spring, MD 20910	May 26, 2010	Full Service Brick and Mortar

Monument Bank in Bethesda, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches

Monument 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:

Monument Bank in Bethesda, Maryland (MD)Overview, Financial Summary, Detailed Financial Reports, Branches

Monument 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:

Monument Bank in Bethesda, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches