The Harbor Bank Of Maryland is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in September 13, 1982.
With assets of $371.95 Million, it operates 7 domestic branches.
Reviews are moderated before posting. No profanity or personal attacks.
No reviews yet.
Community Reinvestment Act (CRA) Rating
Latest Exam: June 1, 2021
Satisfactory
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
June 1, 2021
Satisfactory
July 1, 2018
Satisfactory
January 1, 2012
Satisfactory
April 5, 2008
Outstanding
March 1, 2005
Outstanding
November 1, 1998
Outstanding
October 1, 1995
Outstanding
April 1, 1994
Satisfactory
December 1, 1990
Satisfactory
💰 Financial Strength
Total Assets$371.95 Million
Total Deposits$328.63 Million
Equity Capital$38.29 Million
Net Income$1.80 Million
📈 Performance
ROA0.66%
ROE6.52%
Financial Terms: ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good. ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.