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127 North Street
Elkton, MD 21921

Cecil Bank is headquartered in Elkton and is the 28th largest bank in the state of Maryland. It is also the 1,823rd largest bank in the nation. It was established in 1959 and as of March of 2014, it had grown to 65 employees at 9 locations. Cecil Bank's savings rates are 44% higher than the national average, but it has a F health rating.

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Reviews (1)

Great Little Bank

It's a bank from yesteryear, very friendly and great service. They have a great rate for checking


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Cecil Bank had $79.76 million in non-current loans and owned real-estate with $31 million in equity and loan loss allowances on hand to cover it. This gives Cecil Bank a Texas Ratio of 257.26% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Cecil Bank increased slightly from 169.73% as of March 31, 2013 to 257.26% as of March 31, 2014, resulting in a negative change of 51.57%. This indicates that the balance sheet and financial strength for Cecil Bank has declined slightly in recent periods.

Deposit Growth


In the past year, Cecil Bank has decreased its total deposits by -$56.17 million, resulting in -16.55% 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 Cecil Bank has shown is poor.



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. Cecil Bank has $361.99 million in assets with $31 million in equity, resulting in a capitalization level of 8.57%, which is average.

Institution Statistics

FDIC Certificate #31121
Year Established1959
Primary RegulatorFED
Assets and Liabilities
Assets$361.99 million
Loans$217.86 million
Deposits$283.22 million
Equity Capital$19.28 million
Loan Loss Allowance$11.73 million
Unbacked Noncurrent Loans$46.92 million
Real Estate Owned$32.85 million
Historic Data - March 2013
Assets$434.88 million
Equity Capital$31.79 million
Loan Loss Allowance$9.04 million
Unbacked Noncurrent Loans$46.92 million
Real Estate Owned$30.10 million
Profit Margin - Quarterly
Net Interest Margin2.66%
Return on Assets-2.46%
Return on Equity-43.74%
Interest Income$3.01 million

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Cecil Bank Savings Account Rates

0.75%--Holiday Savings Account
0.15%--Passbook Savings
0.15%--Statement Savings

Cecil Bank Money Market Rates

0.45%$100k-Money Market

Cecil Bank Checking Account Rates

0.25%--NOW High Yield Checking
0.25%--Silver & Gold Checking
0.05%--NOW Checking

Cecil Bank CD Rates

0.90%$500-5 Year Bump-Up CD
0.80%$500-4 Year Bump-Up CD
0.70%$500-3 Year Bump-Up CD
0.60%$500-2 Year Bump-Up CD
0.50%$500-1 1/2 Year CD
0.40%$500-1 Year CD
0.36%$500-9 Month CD
0.33%$500-6 Month CD
0.20%$500-91 Day CD

Cecil Bank IRA Rates

0.90%$100-60 Month IRA
0.50%$100-18 Month IRA

Cecil Bank Locations
108 North East Plaza Branch108 North East PlazaNorth East, MD 21901
114 East Pulaski Highway114 East Pulaski HighwayElkton, MD 21921
Cecilton Branch122 W. Main StreetCecilton, MD 21913
Turkey Point Branch1223-B Turkey Point RoadNorth East, MD 21901
Cecil Bank127 North StElkton, MD 21921
Pulaski Highway Branch1609 Pulaski Highway BranchHavre De Grace, MD 21078
Conowingo Branch390 Conowingo RoadConowingo, MD 21918
Fair Hill Branch4434 Telegraph RoadElkton, MD 21921
Rising Sun Towne Centre Branch56 Rising Sun Towne CentreRising Sun, MD 21911