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

This bank is inactive as of November 20, 1995

  • Myersville Bank in Myersville, Maryland (MD)
  • Show street view No street view available for this location

Myersville Bank - Overview

  • General
  • FDIC Certificate #: 13771
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First United Bank & Trust (#4857)
    Federal Reserve ID: 44424
    Date Established: January 01, 1898
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    FDIC's unique #: 8609
    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 27, 1934
    Last Structure Change Effective Date: November 20, 1995
    Last Structure Change Process Date: December 12, 1995
    Last Data Update: December 12, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 207-209 Main Street, Myersville, MD 21773
    County: Frederick
    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)
  • Financial Summary
  • Total assets: $79.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $51Total assets
  • $70,147Cash and due from depository institutions
  • $2,465Interest-bearing balances
  • $125Securities
  • $15,248Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $48,628Loan loss allowance
  • $441Trading account assets
  • $0Bank premises and fixed assets
  • $3,126Other real estate owned
  • $35Goodwill and other intangibles
  • $645Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $70,147Total liabilities
  • $64,058Total deposits
  • $62,725Interest-bearing deposits
  • $54,260Deposits held in domestic offices
  • 62725.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $1,129Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $204Total equity capital
  • $204Total bank equity capital
  • $6,089Perpetual preferred stock
  • $0Common stock
  • $150Surplus
  • $4,568Undivided profits
  • Memoranda
  • $1,371Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $83Income earned, not collected on loans
  • $205Earning assets
  • $64,001Long-term assets (5+ years)
  • $4,466Average Assets, year-to-date
  • $63,146Average Assets, quarterly
  • $67,670Volatile liabilities
  • $6,957Insider loans
  • $523FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $6,784Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,243Total risk weighted assets
  • $44,879Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,510Total interest expense
  • $1,661Net interest income
  • $2,849Provision for loan and lease losses
  • $4Total noninterest income
  • $274Fiduciary activities
  • $0Service charges on deposit accounts
  • $200Trading account gains & fees
  • $0Additional noninterest income
  • $74Total noninterest expense
  • $2,341Salaries and employee benefits
  • $1,181Premises and equipment expense
  • $326Additional noninterest expense
  • $834Pre-tax net operating income
  • $778Securities gains (losses)
  • $0Applicable income taxes
  • $226Income before extraordinary items
  • $552Extraordinary gains - net
  • $0Net income attributable to bank
  • $552Net charge-offs
  • -$5Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.71%Cost of funding earning assets
  • 2.84%Net interest margin
  • 4.87%Noninterest income to earning assets
  • 0.47%Noninterest expense to earning assets
  • 4.00%Net operating income to assets
  • 0.87%Return on assets (ROA)
  • 0.87%Pretax return on assets
  • 1.23%Return on equity (ROE)
  • 9.32%Retained earnings to average equity (YTD only)
  • 9.32%Net charge-offs to loans
  • -0.01%Credit loss provision to net charge-offs
  • -80.00%Efficiency ratio
  • 74,960Assets per employee
  • 1.38%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.90%Loss allowance to noncurrent loans
  • 531.33%Noncurrent assets plus other real estate owned to assets
  • 0.17%Noncurrent loans to loans
  • 0.17%Net loans and leases to deposits
  • 77.53%Net loans and leases to core deposits
  • 85.47%Equity capital to assets
  • 8.68%Core capital (leverage) ratio
  • 9.26%Tier 1 risk-based capital ratio
  • 13.91%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $63,146Average earning assets
  • $5,924Average equity
  • $58,480Average loans

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 Myersville 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.
Table of Contents