The Queenstown Bank of Maryland

The Queenstown Bank of Maryland is headquartered in Queenstown and is the 17^st largest bank in the state of Maryland. It is also the 1,502^nd largest bank in the nation. It was established in 1899 and as of March of 2012, it had grown to 103 employees at 8 locations. The Queenstown Bank of Maryland's savings rates are 44% higher than the national average, and it has a 3-star health rating.

The Queenstown Bank of Maryland Routing Number: 052101957

The Queenstown Bank of Maryland Checking Account Rates

The Queenstown Bank of Maryland Savings Account Rates

The Queenstown Bank of Maryland Money Market Rates

The Queenstown Bank of Maryland CD Rates

Data for Q1 2012

Institution Statistics The Queenstown Bank of Maryland FDIC Certificate # 8816 BankRate Report View Year Established 1899 Employees 103 Primary Regulator FDIC Assets and Liabilities Assets $445.87 million Loans $377.57 million Deposits $401.04 million Equity Capital $43.55 million Loan Loss Allowance $5.19 million Unbacked Noncurrent Loans $17.93 million Real Estate Owned $2.41 million Historic Data - March 2011 Assets $448.74 million Equity Capital $42.81 million Loan Loss Allowance $5.07 million Unbacked Noncurrent Loans $17.23 million Real Estate Owned $3.72 million Profit Margin - Quarterly Net Interest Margin 3.83% Return on Assets 0.32% Return on Equity 3.26% Interest Income $5.29 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 The Queenstown Bank of Maryland had $20.33 million in non-current loans and owned real-estate with $48.74 million in equity and loan loss allowances on hand to cover it. This gives The Queenstown Bank of Maryland a Texas Ratio of 41.72% 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 The Queenstown Bank of Maryland held steady from 43.75% as of March 31, 2011 to 41.72% as of March 31, 2012, resulting in a positive change of 4.63%.This indicates that the balance sheet and financial strength for The Queenstown Bank of Maryland has held steady in recent periods. Deposit Growth In the past year, The Queenstown Bank of Maryland has decreased its total deposits by -$1.54 million, resulting in -0.38% 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 The Queenstown Bank of Maryland has shown is 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. The Queenstown Bank of Maryland has $445.86 million in assets with $48.74 million in equity, resulting in a capitalization level of 10.93%, which is above average.

No reviews have been left for this bank yet. Be the first to review.