Overview / Commentary
The Harbor Bank of Maryland is headquartered in BALTIMORE and is the 24th largest bank in the state of Maryland. It is also the 2,273rd largest bank in the nation. It was established in 1982 and as of September of 2024, it had grown to 78 employees at 7 locations. The Harbor Bank of Maryland has a B+ health rating.
Reviews (1)
Great Bank
Posted by: FLAbanker | Feb 24, 2023
Consistently high rates and unlike some banks, they pass along all interest rate increases to everyone... not just new customers. Exceptionally nice staff.
Health
B+
Data as of Q3 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 24015 |
| Year Established | 1982 |
| Employees | 78 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.92% |
| Return on Equity - YTD | 7.58% |
| Annual Interest Income | $13.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $351MM$371.9MM |
| Loans | Q3 2024vs Q3 2023 | $227.2MM$210.8MM |
| Deposits | Q3 2024vs Q3 2023 | $301.3MM$328.6MM |
| Equity Capital | Q3 2024vs Q3 2023 | $45.5MM$38.3MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $3.2MM$2.6MM |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $5.1MM$5.3MM |
| Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |