Easton Bank and Trust

Easton Bank and Trust Locations
501 Idlewild Avenue P.O. Box 629
Easton, MD 21601
(410) 819-0300
www.eastonbankandtrust.com

Easton Bank and Trust is headquartered in Easton and is the 60th largest bank in the state of Maryland. It is also the 3,774th largest bank in the nation. It was established in 1993 and as of September of 2011, it had grown to 41 employees at 5 locations. Easton Bank and Trust has a 2-star health rating.

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High-Interest Reward Checking Account at Easton Bank and Trust in Maryland - 11/24/2008

Update 7/26/09: The top yield has fallen to 3.51% APY. Refer to the bottom of the post for the rate history.Easton Bank and Trust is offering a reward checking account which pays 3.51% APY on balances up to $25,000 (1.25% for above) and refunds ATM fees...



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See Rates for: Checking | Savings | Money Market | CD | IRA

Easton Bank and Trust Checking Account Rates

ApyMinMaxProduct
2.51%-$25kReward Checking
0.25%--Hometown Advantage
0.10%$750-NOW Account
0.10%$750-ATM Access Account
0.10%$750-Free Checking with Direct Deposit
0.10%$750-Business NOW

Easton Bank and Trust Savings Account Rates

ApyMinMaxProduct
0.15%$25-Personal Savings
0.15%--Student Savings
0.15%$100-Business Savings
0.15%--Minor Savings

Easton Bank and Trust Money Market Rates

ApyMinMaxProduct
0.50%$50k-Personal Money Market Account
0.50%$50k-Business Money Market

Easton Bank and Trust CD Rates

ApyMinMaxProduct
1.26%$500-60 Month CD
1.26%$500-Business 60 Month CD
0.85%$500-48 Month CD
0.85%$500-Business 48 Month CD
0.75%$500-24 Month CD
0.75%$500-36 Month CD
0.75%$500-Business 24 Month CD
0.75%$500-Business 36 Month CD
0.50%$500-18 Month CD
0.50%$500-Business 18 Month CD
0.45%$500-12 Month CD
0.45%$500-Business 12 Month CD
0.20%$500-181 Day CD
0.20%$500-182 - 364 Day CD
0.20%$500-Business 181 Day CD
0.20%$500-Business 182 - 364 Day CD
0.10%$500-31 - 89 Day CD
0.10%$500-90 Day CD
0.10%$500-91 - 180 Day CD
0.10%$500-Business 31 - 89 Day CD
0.10%$500-Business 90 Day CD
0.10%$500-Business 91 - 180 Day CD
0.05%$500-30 Day CD
0.05%$500-Business 30 Day CD

Easton Bank and Trust IRA Rates

ApyMinMaxProduct
1.26%$500-60 Month IRA
0.85%$500-48 Month IRA
0.75%$500-24 Month IRA
0.75%$500-36 Month IRA
0.50%$500-18 Month IRA
0.45%$500-12 Month IRA
0.20%$500-181 Day IRA
0.20%$500-182 - 364 Day IRA
0.10%$500-31 - 89 Day IRA
0.10%$500-90 Day IRA
0.10%$500-91 - 180 Day IRA
0.05%$500-30 Day IRA

Rates updated: 2/11/2012

Data for Q3 2011


Institution Statistics


Easton Bank & Trust
FDIC Certificate #33815
BankRate ReportView
Year Established1993
Employees41
Primary RegulatorFDIC

Assets and Liabilities

Assets$154.41 million
Loans$121.58 million
Deposits$133.43 million
Equity Capital$13.50 million
Loan Loss Allowance$3.53 million
Unbacked Noncurrent Loans$6.23 million
Real Estate Owned$4.01 million

Historic Data - September 2010

Assets$158.42 million
Equity Capital$14.71 million
Loan Loss Allowance$2.11 million
Unbacked Noncurrent Loans$7.00 million
Real Estate Owned$1.66 million

Profit Margin - Quarterly

Net Interest Margin3.93%
Return on Assets-0.84%
Return on Equity-9.43%
Interest Income$5.93 million

Institution Health


Overall Score:
2 out of 5
2
Texas Ratio2
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 September 30, 2011 Easton Bank and Trust had $10.25 million in non-current loans and owned real-estate with $17.03 million in equity and loan loss allowances on hand to cover it. This gives Easton Bank and Trust a Texas Ratio of 60.17% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend2
The Texas Ratio for Easton Bank and Trust increased slightly from 51.08% as of September 30, 2010 to 60.17% as of September 30, 2011, resulting in a negative change of 17.81%. This indicates that the balance sheet and financial strength for Easton Bank and Trust has declined slightly in recent periods.
Deposit Growth2
In the past year, Easton Bank and Trust has decreased its total deposits by -$1.52 million, resulting in -1.12% 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 Easton Bank and Trust has shown is below average.
Capitalization4
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. Easton Bank and Trust has $154.41 million in assets with $17.03 million in equity, resulting in a capitalization level of 11.03%, which is above average.
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