First Shore Federal Savings and Loan Association

First Shore Federal Savings and Loan Association Locations

106 S. Division Street
Salisbury, MD 21801
410-546-1101
www.firstshorefederal.com

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First Shore Federal Savings and Loan Association is headquartered in Salisbury and is the 36^th largest bank in the state of Maryland. It is also the 2,113^st largest bank in the nation. It was established in 1953 and as of December of 2012, it had grown to 68 employees at 8 locations. First Shore Federal Savings and Loan Association has a 3-star health rating.

3.25% 60-Mo CD & 2.25% 24-Mo CD At First Shore Federal In MD (Forum) - 7/5/2010

First Shore Federal's long-term CD and IRA CD rates are especially competitive. The rates as of 7/5/2010 include; 3.25% APY 60-month CD min $500 3.00% APY 48-month CD min $500 2.75% APY 36-month CD min $500 2.50% APY 30-month CD min $500 2.25% APY 2

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

First Shore Federal Savings and Loan Association Checking Account Rates

Apy	Min	Max	Product
0.10%	$2,500	-	Super NOW Account
0.05%	$1k	-	NOW Account

First Shore Federal Savings and Loan Association Savings Account Rates

Apy	Min	Max	Product
0.15%	$200	-	Statement Savings
0.15%	$100	-	Christmas Club

First Shore Federal Savings and Loan Association Money Market Rates

Apy	Min	Max	Product
0.30%	$50k	-	Gold Money Market
0.10%	$2,500	-	Money Market

First Shore Federal Savings and Loan Association CD Rates

Apy	Min	Max	Product
1.09%	$500	-	60 Month CD
0.90%	$500	-	60 Month Rising Rate CD
0.75%	$500	-	48-59 Month CD
0.75%	$500	-	50 Month CD
0.40%	$500	-	30-35 Month CD
0.40%	$500	-	36-47 Month CD
0.35%	$10k	-	24 Month Rising Rate CD
0.35%	$500	-	40 Month Rising Rate CD
0.30%	$500	-	18 Month Rising Rate CD
0.30%	$500	-	18-23 Month CD
0.30%	$500	-	24-29 Month CD
0.20%	$500	-	13-17 Month CD
0.20%	$500	-	12 Month CD
0.15%	$500	-	10 Month Rising Rate CD
0.15%	$500	-	6-11 Month CD
0.15%	$200	-	12 Month Add To CD
0.15%	$500	-	10 Month Freedom CD
0.05%	$500	-	3-5 Month CD

First Shore Federal Savings and Loan Association IRA Rates

Apy	Min	Max	Product
1.09%	$500	-	60 Month IRA
1.09%	$500	-	60 Month Roth IRA
1.09%	$500	-	60 Month SEP IRA
1.09%	$500	-	60 Month CESA
1.09%	$500	-	60 Month SIMPLE IRA
0.90%	$500	-	60 Month Rising Rate IRA
0.90%	$500	-	60 Month Rising Rate Roth IRA
0.90%	$500	-	60 Month Rising Rate SEP IRA
0.90%	$500	-	60 Month Rising Rate CESA
0.90%	$500	-	60 Month Rising Rate SIMPLE IRA
0.75%	$500	-	48-59 Month IRA
0.75%	$500	-	50 Month IRA
0.75%	$500	-	48-59 Month Roth IRA
0.75%	$500	-	50 Month Roth IRA
0.75%	$500	-	48-59 Month SEP IRA
0.75%	$500	-	48-59 Month CESA
0.75%	$500	-	50 Month SEP IRA
0.75%	$500	-	50 Month CESA
0.75%	$500	-	48-59 Month SIMPLE IRA
0.75%	$500	-	50 Month SIMPLE IRA
0.40%	$500	-	30-35 Month IRA
0.40%	$500	-	36-47 Month IRA
0.40%	$500	-	30-35 Month Roth IRA
0.40%	$500	-	36-47 Month Roth IRA
0.40%	$500	-	30-35 Month SEP IRA
0.40%	$500	-	30-35 Month CESA
0.40%	$500	-	36-47 Month SEP IRA
0.40%	$500	-	36-47 Month CESA
0.40%	$500	-	30-35 Month SIMPLE IRA
0.40%	$500	-	36-47 Month SIMPLE IRA
0.35%	$500	-	40 Month Rising Rate IRA
0.35%	$10k	-	24 Month Rising Rate IRA
0.35%	$10k	-	24 Month Rising Rate Roth IRA
0.35%	$500	-	40 Month Rising Rate Roth IRA
0.35%	$10k	-	24 Month Rising Rate SEP IRA
0.35%	$10k	-	24 Month Rising Rate CESA
0.35%	$500	-	40 Month Rising Rate SEP IRA
0.35%	$500	-	40 Month Rising Rate CESA
0.35%	$10k	-	24 Month Rising Rate SIMPLE IRA
0.35%	$500	-	40 Month Rising Rate SIMPLE IRA
0.30%	$500	-	18 Month Rising Rate IRA
0.30%	$500	-	18-23 Month IRA
0.30%	$500	-	24-29 Month IRA
0.30%	$500	-	18 Month Rising Rate Roth IRA
0.30%	$500	-	18-23 Month Roth IRA
0.30%	$500	-	24-29 Month Roth IRA
0.30%	$500	-	18 Month Rising Rate SEP IRA
0.30%	$500	-	18 Month Rising Rate CESA
0.30%	$500	-	18-23 Month SEP IRA
0.30%	$500	-	18-23 Month CESA
0.30%	$500	-	24-29 Month SEP IRA
0.30%	$500	-	24-29 Month CESA
0.30%	$500	-	18 Month Rising Rate SIMPLE IRA
0.30%	$500	-	18-23 Month SIMPLE IRA
0.30%	$500	-	24-29 Month SIMPLE IRA
0.20%	$500	-	12 Month IRA
0.20%	$500	-	13-17 Month IRA
0.20%	$500	-	12 Month Roth IRA
0.20%	$500	-	13-17 Month Roth IRA
0.20%	$500	-	12 Month SEP IRA
0.20%	$500	-	12 Month CESA
0.20%	$500	-	13-17 Month SEP IRA
0.20%	$500	-	13-17 Month CESA
0.20%	$500	-	12 Month SIMPLE IRA
0.20%	$500	-	13-17 Month SIMPLE IRA
0.15%	$500	-	10 Month Rising Rate IRA
0.15%	$500	-	6-11 Month IRA
0.15%	$500	-	10 Month Freedom IRA
0.15%	$500	-	6-11 Month Roth IRA
0.15%	$500	-	10 Month Freedom Roth IRA
0.15%	$500	-	10 Month Rising Rate Roth IRA
0.15%	$500	-	6-11 Month SEP IRA
0.15%	$500	-	6-11 Month CESA
0.15%	$500	-	10 Month Freedom SEP IRA
0.15%	$500	-	10 Month Freedom CESA
0.15%	$500	-	10 Month Rising Rate SEP IRA
0.15%	$500	-	10 Month Rising Rate CESA
0.15%	$500	-	6-11 Month SIMPLE IRA
0.15%	$500	-	10 Month Freedom SIMPLE IRA
0.15%	$500	-	10 Month Rising Rate SIMPLE IRA
0.09%	$25	-	18 Month Variable Rate IRA
0.09%	$25	-	18 Month Variable Rate Roth IRA
0.09%	$25	-	18 Month Variable Rate SEP IRA
0.09%	$25	-	18 Month Variable Rate CESA
0.05%	$500	-	3-5 Month IRA
0.05%	$500	-	3-5 Month Roth IRA
0.05%	$500	-	3-5 Month SEP IRA
0.05%	$500	-	3-5 Month CESA
0.05%	$500	-	3-5 Month SIMPLE IRA

Rates updated: 5/17/2013

Data for Q4 2012

Institution Statistics

First Shore Federal Savings and Loan Association
OTS #	05740
FDIC Certificate #	30680
BankRate Report	View
Year Established	1953
Employees	68
Primary Regulator	OCC
Assets and Liabilities
Assets	$310.53 million
Loans	$238.29 million
Deposits	$266.60 million
Equity Capital	$37.63 million
Loan Loss Allowance	$2.48 million
Unbacked Noncurrent Loans	$5.30 million
Real Estate Owned	$841,000
Historic Data - December 2011
Assets	$316.63 million
Equity Capital	$35.82 million
Loan Loss Allowance	$2.36 million
Unbacked Noncurrent Loans	$2.36 million
Real Estate Owned	$1.74 million
Profit Margin - Quarterly
Net Interest Margin	3.18%
Return on Assets	0.56%
Return on Equity	4.79%
Interest Income	$13.82 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 December 31, 2012 First Shore Federal Savings and Loan Association had $6.14 million in non-current loans and owned real-estate with $40.1 million in equity and loan loss allowances on hand to cover it. This gives First Shore Federal Savings and Loan Association a Texas Ratio of 15.32% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for First Shore Federal Savings and Loan Association held steady from 10.72% as of December 31, 2011 to 15.32% as of December 31, 2012, resulting in a negative change of 42.97%. This indicates that the balance sheet and financial strength for First Shore Federal Savings and Loan Association has held steady in recent periods.
Deposit Growth
In the past year, First Shore Federal Savings and Loan Association has decreased its total deposits by -$7.83 million, resulting in -2.85% 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 First Shore Federal Savings and Loan Association has shown is below 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. First Shore Federal Savings and Loan Association has $310.53 million in assets with $40.1 million in equity, resulting in a capitalization level of 12.91%, which is excellent.