1880 Bank is a commercial bank, state charter and fed member, supervised by the federal reserve (frb). established in 01/01/1880.
With assets of $403.08 Million, it operates 0 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: February 5, 2018
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
February 5, 2018
Satisfactory
💰 Financial Strength
Total Assets$403.08 Million
Total Deposits$339.99 Million
Equity Capital$57.40 Million
Net Income$2.47 Million
📈 Performance
ROA0.85%
ROE5.85%
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.
📞 Contact & Location
Address304 High Street Cambridge, Maryland 21613
📋 Corporate Structure
Established01/01/1880
FDIC Cert4829
Holding CoDelmarva Bancshares Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeDecember 7, 2020
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday8:30 AM - 3:00 PM
Tuesday8:30 AM - 3:00 PM
Wednesday8:30 AM - 3:00 PM
Thursday8:30 AM - 3:00 PM
Friday8:30 AM - 6:00 PM
Saturday8:30 AM - 12:00 PM
SundayClosed
📜 Institutional History
2015
Merger / Acquisition
Acquired: Easton Bank & Trust
2015
Name Change
Name became: Changed Institution Name To 1880 Bank.
2006
Relocation
Moved HQ to: 304 High Street, Cambridge, MD 21613.