First Shore Federal Savings and Loan Association
Overview / Commentary
First Shore Federal Savings and Loan Association is headquartered in Salisbury and is the 31st largest bank in the state of Maryland. It is also the 2,178th largest bank in the nation. It was established in 1953 and as of December of 2018, it had grown to 70 employees at 8 locations. First Shore Federal Savings and Loan Association has an A health rating.
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Health
A
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 30680 |
| Year Established | 1953 |
| Employees | 70 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.71% |
| Return on Equity - YTD | 4.66% |
| Annual Interest Income | $12.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $302.4MM$294.2MM |
| Loans | Q4 2018vs Q4 2017 | $248.0MM$241.4MM |
| Deposits | Q4 2018vs Q4 2017 | $249.3MM$243.1MM |
| Equity Capital | Q4 2018vs Q4 2017 | $46.7MM$44.7MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $2.4MM$2.4MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $4.0MM$5.5MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $127.00K$214.00K |
Rates
Rates for First Shore Federal Savings and Loan Association are currently being reviewed.
Locations
| First Shore Federal Savings and Loan Association Locations | ||
|---|---|---|
| Atlantic Avenue Branch | Rt 26 Atlantic Avenue | Ocean View, DE 19970 |
| Millsboro Branch | 220 Washington St | Millsboro, DE 19966 |
| First Shore Federal Savings and Loan Association | 106 S. Division Street | Salisbury, MD 21801 |
| 107 Green Street Branch | 107 Green Street | Snow Hill, MD 21863 |
| Ocean Pines Branch | 11029 Racetrack Road | Berlin, MD 21811 |
| Corner Of Mt Hermon Branch | 1116 Mt. Hermon Road | Salisbury, MD 21804 |
| 1315 Market St Branch | 1315 Market Street | Pocomoke City, MD 21851 |
| North Main Street Branch | 310 Franklin Avenue | Berlin, MD 21811 |