Forbright Bank


Overview / Commentary
301-299-8810
4445 Willard Ave, Suite 1000
Chevy Chase, MD 20815

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.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #57614
Year Established2003
Employees295
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.5%
Return on Equity - YTD12.16%
Annual Interest Income$57.1MM
Assets and Liabilities
AssetsQ1 2022vs Q1 2021$5.37B$1.97B
LoansQ1 2022vs Q1 2021$3.82B$1.71B
DepositsQ1 2022vs Q1 2021$4.61B$1.50B
Equity CapitalQ1 2022vs Q1 2021$622.9MM$192.4MM
Loan Loss AllowanceQ1 2022vs Q1 2021$33.1MM$14.6MM
Unbacked Noncurrent LoansQ1 2022vs Q1 2021$29.3MM$41.6MM
Real Estate OwnedQ1 2022vs Q1 2021$279.00K$25.00K
Rates

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Locations


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

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