Bank of Ocean City

Bank of Ocean City is headquartered in Ocean City and is the 54^th largest bank in the state of Maryland. It is also the 3,311^st largest bank in the nation. It was established in 1916 and as of December of 2011, it had grown to 51 employees at 6 locations. Bank of Ocean City has a 5-star health rating.

Bank of Ocean City Routing Number: 052102312

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Data for Q4 2011

Institution Statistics Bank of Ocean City FDIC Certificate # 5867 BankRate Report View Year Established 1916 Employees 51 Primary Regulator FDIC Assets and Liabilities Assets $184.12 million Loans $116.49 million Deposits $160.94 million Equity Capital $21.82 million Loan Loss Allowance $1.39 million Unbacked Noncurrent Loans $179,000 Real Estate Owned $20,000 Historic Data - December 2010 Assets $157.36 million Equity Capital $20.86 million Loan Loss Allowance $1.30 million Unbacked Noncurrent Loans $273,000 Profit Margin - Quarterly Net Interest Margin 4.26% Return on Assets 0.85% Return on Equity 6.83% Interest Income $7.90 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Bank of Ocean City had $199,000 in non-current loans and owned real-estate with $23.21 million in equity and loan loss allowances on hand to cover it. This gives Bank of Ocean City a Texas Ratio of 0.86% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Bank of Ocean City decreased slightly from 1.23% as of December 31, 2010 to 0.86% as of December 31, 2011, resulting in a positive change of 30.38%.This indicates that the balance sheet and financial strength for Bank of Ocean City has improved slightly in recent periods. Deposit Growth In the past year, Bank of Ocean City has increased its total deposits by $25.59 million, resulting in 18.91% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bank of Ocean City has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bank of Ocean City has $184.12 million in assets with $23.21 million in equity, resulting in a capitalization level of 12.60%, which is excellent.

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