Congressional Bank


Overview / Commentary
301-299-8599
7963 Tuckerman Lane
Potomac, MD 20854

Congressional Bank is headquartered in Potomac and is the 4th largest bank in the state of Maryland. It is also the 451st largest bank in the nation. It was established in 2003 and as of June of 2021, it had grown to 232 employees at 7 locations. Congressional Bank has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #57614
Year Established2003
Employees232
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.34%
Return on Equity - YTD10.11%
Annual Interest Income$48.6MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$2.46B$1.54B
LoansQ2 2021vs Q2 2020$1.93B$1.27B
DepositsQ2 2021vs Q2 2020$1.73B$1.24B
Equity CapitalQ2 2021vs Q2 2020$451.3MM$175.1MM
Loan Loss AllowanceQ2 2021vs Q2 2020$17.3MM$9.0MM
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$38.1MM$25.4MM
Real Estate OwnedQ2 2021vs Q2 2020$0$25.00K
Rates

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Locations


Congressional Bank Locations
Herndon Branch150 Elden Street Suite 170Herndon, VA 20170
Washington Dc Branch2101 K Street NorthwestWashington, DC 20037
Congressional Bank7963 Tuckerman LanePotomac, MD 20854
Montgomery Lane Branch4801-A Montgomery LaneBethesda, MD 20814
American Bank Branch1700 Rockville PikeRockville, MD 20852

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