Woodsboro Bank
FDIC #5873
📍 Woodsboro, Maryland
Woodsboro Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 05/01/1899. With assets of $406.79 Million, it operates 5 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: December 1, 2023
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
December 1, 2023
Satisfactory
June 1, 2020
Satisfactory
April 1, 2017
Satisfactory
💰 Financial Strength
Total Assets$406.79 Million
Total Deposits$388.44 Million
Equity Capital$15.80 Million
Net Income$2.40 Million
📈 Performance
ROA0.79%
ROE18.52%
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.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established05/01/1899
FDIC Cert5873
Holding CoN/A
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday9:00 AM - 2:00 PM
Tuesday9:00 AM - 2:00 PM
Wednesday9:00 AM - 2:00 PM
Thursday9:00 AM - 2:00 PM
Friday9:00 AM - 6:00 PM
Saturday9:00 AM - 12:00 PM
SundayClosed
📜 Institutional History
1999
Name Change
Name became: Changed Institution Name To Woodsboro Bank.
1995
Relocation
Moved HQ to: 5 North Main Street, Woodsboro, MD 21798.