The Queenstown Bank of Maryland


Overview / Commentary
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 1,373rd largest bank in the nation. It was established in 1899 and as of September 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

Health Grade Components

Overall
FDIC Certificate #8816
Year Established1899
Employees95
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.8%
Return on Equity - YTD8.66%
Annual Interest Income$23MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$694.9MM$673.6MM
LoansQ3 2024vs Q3 2023$448.5MM$440.3MM
DepositsQ3 2024vs Q3 2023$595.4MM$591.5MM
Equity CapitalQ3 2024vs Q3 2023$68.9MM$57.4MM
Loan Loss AllowanceQ3 2024vs Q3 2023$6.9MM$7.2MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$969K$407K
Real Estate OwnedQ3 2024vs Q3 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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