Damascus Community Bank

Damascus Community Bank is headquartered in Damascus and is the 43^rd largest bank in the state of Maryland. It is also the 2,577^th largest bank in the nation. It was established in 1988 and as of March of 2012, it had grown to 84 employees at 5 locations. Damascus Community Bank has a 3-star health rating.

Damascus Community Bank Routing Number: 055002367

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Data for Q1 2012

Institution Statistics Damascus Community Bank FDIC Certificate # 27280 BankRate Report View Year Established 1988 Employees 84 Primary Regulator FDIC Assets and Liabilities Assets $249.20 million Loans $173.03 million Deposits $220.78 million Equity Capital $22.17 million Loan Loss Allowance $2.17 million Unbacked Noncurrent Loans $7.40 million Historic Data - March 2011 Assets $243.23 million Equity Capital $20.23 million Loan Loss Allowance $2.06 million Unbacked Noncurrent Loans $5.19 million Real Estate Owned $829,000 Profit Margin - Quarterly Net Interest Margin 4.07% Return on Assets 0.99% Return on Equity 11.11% Interest Income $2.69 million

Institution Health Overall Score: 3 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 March 31, 2012 Damascus Community Bank had $7.4 million in non-current loans and owned real-estate with $24.34 million in equity and loan loss allowances on hand to cover it. This gives Damascus Community Bank a Texas Ratio of 30.39% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Damascus Community Bank held steady from 27.01% as of March 31, 2011 to 30.39% as of March 31, 2012, resulting in a negative change of 12.55%. This indicates that the balance sheet and financial strength for Damascus Community Bank has held steady in recent periods. Deposit Growth In the past year, Damascus Community Bank has increased its total deposits by $3.53 million, resulting in 1.62% 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 Damascus Community Bank has shown is above average. 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. Damascus Community Bank has $249.2 million in assets with $24.34 million in equity, resulting in a capitalization level of 9.77%, which is average.

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