Severn Savings Bank, FSB

200 Westgate Circle, Suite 200
Annapolis, MD 21401
1-800-752-5854
www.severnbank.com

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Severn Savings Bank, FSB is headquartered in Annapolis and is the 7^th largest bank in the state of Maryland. It is also the 742^nd largest bank in the nation. It was established in 1949 and as of March of 2012, it had grown to 131 employees at 4 locations. Severn Savings Bank, FSB has a 3-star health rating.

Severn Savings Bank, FSB Routing Number: 255071444

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

Severn Savings Bank, FSB Checking Account Rates

Apy	Min	Max	Product
2.00%	-	-	Chesapeake Bay Business Checking
0.61%	$500k	-	Commercial Sweep
0.30%	-	-	Chesapeake Bay Benefits Checking Account
0.30%	$100k	-	Business Interest Checking

Severn Savings Bank, FSB Savings Account Rates

Apy	Min	Max	Product
0.51%	$50k	-	Safe Harbor Passbook Savings Account
0.51%	$50k	-	IRA Savings
0.51%	$50k	-	Health Savings Account
0.51%	$50k	-	Roth IRA Savings
0.51%	$50k	-	CESA Savings
0.30%	$200	-	Statement Savings Account

Severn Savings Bank, FSB Money Market Rates

Apy	Min	Max	Product
0.51%	$50k	-	Money Market Account
0.41%	$75k	-	Commercial Money Market Account

Severn Savings Bank, FSB CD Rates

Apy	Min	Max	Product
1.51%	$1k	-	60 Months CD
1.21%	$1k	-	48 Months CD
1.11%	$1k	-	36 Months CD
1.04%	$1k	-	30 Months CD
0.55%	$1k	-	24 Months CD
0.50%	$1k	-	18 Months CD
0.35%	$1k	-	12 Months CD
0.10%	$1k	-	3 Months CD
0.10%	$1k	-	6 Months CD

Severn Savings Bank, FSB IRA Rates

Apy	Min	Max	Product
1.65%	$100	-	60 Month IRA Special
1.65%	$100	-	60 Month Roth IRA Special
1.65%	$100	-	60 Month Coverdell ESA Special
1.51%	$100	-	60 Months IRA
1.51%	$100	-	60 Months Roth IRA
1.51%	$100	-	60 Months Coverdell ESA
1.21%	$100	-	48 Months IRA
1.21%	$100	-	48 Months Roth IRA
1.21%	$100	-	48 Months Coverdell ESA
1.11%	$100	-	36 Months IRA
1.11%	$100	-	36 Months Roth IRA
1.11%	$100	-	36 Months Coverdell ESA
1.04%	$100	-	30 Months IRA
1.04%	$100	-	30 Months Roth IRA
1.04%	$100	-	30 Months Coverdell ESA
0.55%	$100	-	24 Months IRA
0.55%	$100	-	24 Months Roth IRA
0.55%	$100	-	24 Months Coverdell ESA
0.50%	$100	-	18 Months IRA
0.50%	$100	-	18 Months Roth IRA
0.50%	$100	-	18 Months Coverdell ESA
0.35%	$100	-	12 Months IRA
0.35%	$100	-	12 Months Roth IRA
0.35%	$100	-	12 Months Coverdell ESA
0.10%	$100	-	3 Months IRA
0.10%	$100	-	6 Months IRA
0.10%	$100	-	3 Months Roth IRA
0.10%	$100	-	6 Months Roth IRA
0.10%	$100	-	3 Months Coverdell ESA
0.10%	$100	-	6 Months Coverdell ESA

Rates updated: 5/26/2012

Data for Q1 2012

Institution Statistics

Severn Savings Bank, FSB
OTS #	08190
FDIC Certificate #	32367
BankRate Report	View
Year Established	1949
Employees	131
Primary Regulator	OCC
Assets and Liabilities
Assets	$895.37 million
Loans	$677.99 million
Deposits	$655.63 million
Equity Capital	$122.79 million
Loan Loss Allowance	$12.57 million
Unbacked Noncurrent Loans	$23.22 million
Real Estate Owned	$19.76 million
Historic Data - March 2011
Assets	$963.09 million
Equity Capital	$120.78 million
Loan Loss Allowance	$12.17 million
Unbacked Noncurrent Loans	$34.60 million
Real Estate Owned	$18.90 million
Profit Margin - Quarterly
Net Interest Margin	3.47%
Return on Assets	0.29%
Return on Equity	2.12%
Interest Income	$10.23 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 Severn Savings Bank, FSB had $42.98 million in non-current loans and owned real-estate with $135.36 million in equity and loan loss allowances on hand to cover it. This gives Severn Savings Bank, FSB a Texas Ratio of 31.75% 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 Severn Savings Bank, FSB decreased slightly from 40.24% as of March 31, 2011 to 31.75% as of March 31, 2012, resulting in a positive change of 21.09%.This indicates that the balance sheet and financial strength for Severn Savings Bank, FSB has improved slightly in recent periods.
Deposit Growth
In the past year, Severn Savings Bank, FSB has decreased its total deposits by -$70.12 million, resulting in -9.66% 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 Severn Savings Bank, FSB has shown is poor.
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. Severn Savings Bank, FSB has $895.37 million in assets with $135.36 million in equity, resulting in a capitalization level of 15.12%, which is excellent.