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Overview / Commentary
319 Main Street
Laurel, MD 20707

Revere Bank is headquartered in Laurel and is the 14st largest bank in the state of Maryland. It is also the 1,321st largest bank in the nation. It was established in 2007 and as of March of 2014, it had grown to 76 employees at 3 locations. Revere Bank has a A+ health rating.

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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 Revere Bank had $103,000 in non-current loans and owned real-estate with $52.88 million in equity and loan loss allowances on hand to cover it. This gives Revere Bank a Texas Ratio of 0.19% 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 Revere Bank decreased dramatically from 3.22% as of March 31, 2013 to 0.19% as of March 31, 2014, resulting in a positive change of 93.95%.This indicates that the balance sheet and financial strength for Revere Bank has improved dramatically in recent periods.

Deposit Growth


In the past year, Revere Bank has increased its total deposits by $61.83 million, resulting in 15.98% 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 Revere Bank has shown is excellent.



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. Revere Bank has $512.41 million in assets with $52.88 million in equity, resulting in a capitalization level of 10.32%, which is above average.

Institution Statistics

FDIC Certificate #58640
Year Established2007
Primary RegulatorFDIC
Assets and Liabilities
Assets$512.41 million
Loans$448.96 million
Deposits$448.84 million
Equity Capital$46.84 million
Loan Loss Allowance$6.04 million
Unbacked Noncurrent Loans$103,000
Real Estate Owned$0
Historic Data - March 2013
Assets$443.78 million
Equity Capital$43.55 million
Loan Loss Allowance$4.83 million
Unbacked Noncurrent Loans$103,000
Real Estate Owned$0
Profit Margin - Quarterly
Return on Assets0.79%
Return on Equity8.51%
Interest Income$5.72 million

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Revere Bank Locations
Revere Bank319 Main StreetLaurel, MD 20707
Rockville Branch414 Hungerford DriveRockville, MD 20850
Sp Gateway8529 Veteran's HighwayMillersville, MD 21108