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  2. The Queenstown Bank of Maryland

The Queenstown Bank of Maryland


Overview / Commentary
www.queenstownbank.com
410-827-8881
7101 Main Street
Queenstown, MD 21658

The Queenstown Bank of Maryland is headquartered in QUEENSTOWN and is the 16th largest bank in the state of Maryland. It is also the 1,385th largest bank in the nation. It was established in 1899 and as of June of 2024, it had grown to 95 employees at 9 locations. The Queenstown Bank of Maryland has an A health rating.

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Health
A

Data as of Q2 2024

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Health Grade Components

Overall
FDIC Certificate #8816
Year Established1899
Employees95
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.78%
Return on Equity - YTD8.59%
Annual Interest Income$15.2MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$683MM$676.8MM
LoansQ2 2024vs Q2 2023$451.9MM$439.5MM
DepositsQ2 2024vs Q2 2023$589.3MM$594.1MM
Equity CapitalQ2 2024vs Q2 2023$63.6MM$58.6MM
Loan Loss AllowanceQ2 2024vs Q2 2023$6.8MM$7.6MM
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$869K$486K
Real Estate OwnedQ2 2024vs Q2 2023$0$0
Rates

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Locations


The Queenstown Bank of Maryland Locations
Ridgely Branch204a East 6th StreetRidgely, MD 21660
Easton Branch274 North Washington StreetEaston, MD 21601
The Queenstown Bank Of Maryland7101 Main StQueenstown, MD 21658
Chester BranchCastle Marina Road and U.S. Routes 50-301Chester, MD 21619
Centreville BranchRoute 213 and Coursevall DriveCentreville, MD 21617
Stevensville BranchRoutes 8 and 18Stevensville, MD 21666
Grasonville BranchU.S. 50 and Maryland 18Grasonville, MD 21638
Church Hill Branch1005 Sudlersville RoadChurch Hill, MD 21623

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