Overview / Commentary
Harford Bank is headquartered in Aberdeen and is the 21st largest bank in the state of Maryland. It is also the 1,700th largest bank in the nation. It was established in 1964 and as of March of 2021, it had grown to 75 employees at 9 locations. Harford Bank has a B+ health rating.
Health
B+
Data as of Q1 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 19101 |
| Year Established | 1964 |
| Employees | 75 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.21% |
| Return on Equity - YTD | 13.07% |
| Annual Interest Income | $4.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $508.5MM$385.4MM |
| Loans | Q1 2021vs Q1 2020 | $371.4MM$298.9MM |
| Deposits | Q1 2021vs Q1 2020 | $458.4MM$322.4MM |
| Equity Capital | Q1 2021vs Q1 2020 | $46.5MM$42.9MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $5.1MM$3.7MM |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $5.8MM$5.4MM |
| Real Estate Owned | Q1 2021vs Q1 2020 | $0$0 |