Forbright Bank is headquartered in Potomac and is the 3rd largest bank in the state of Maryland. It is also the 260th largest bank in the nation. It was established in 2003 and as of March of 2022, it had grown to 295 employees at 7 locations. Forbright Bank has an A+ health rating.
Overall | |
---|---|
FDIC Certificate # | 57614 |
Year Established | 2003 |
Employees | 295 |
Primary Regulator | FDIC |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.5% |
Return on Equity - YTD | 12.16% |
Annual Interest Income | $57.1MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2022vs Q1 2021 | $5.37B$1.97B |
Loans | Q1 2022vs Q1 2021 | $3.82B$1.71B |
Deposits | Q1 2022vs Q1 2021 | $4.61B$1.50B |
Equity Capital | Q1 2022vs Q1 2021 | $622.9MM$192.4MM |
Loan Loss Allowance | Q1 2022vs Q1 2021 | $33.1MM$14.6MM |
Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $29.3MM$41.6MM |
Real Estate Owned | Q1 2022vs Q1 2021 | $279.00K$25.00K |
Sorry, we do not have rate data for Forbright Bank.
Forbright Bank Locations | ||
---|---|---|
Herndon Branch | 150 Elden Street Suite 170 | Herndon, VA 20170 |
Washington Dc Branch | 2101 K Street Northwest | Washington, DC 20037 |
Congressional Bank | 7963 Tuckerman Ln | Potomac, MD 20854 |
Montgomery Lane Branch | 4801-A Montgomery Lane | Bethesda, MD 20814 |
American Bank Branch | 1700 Rockville Pike | Rockville, MD 20852 |