The Queenstown Bank Of Maryland is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 01/01/1899.
With assets of $673.56 Million, it operates 9 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: May 1, 2023
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
May 1, 2023
Satisfactory
February 1, 2020
Satisfactory
March 1, 2017
Satisfactory
January 1, 2014
Satisfactory
October 1, 2010
Satisfactory
June 1, 2007
Satisfactory
July 1, 2004
Satisfactory
May 1, 1999
Satisfactory
June 1, 1996
Satisfactory
June 1, 1994
Satisfactory
June 1, 1992
Satisfactory
April 18, 1990
Needs to Improve
💰 Financial Strength
Total Assets$673.56 Million
Total Deposits$591.52 Million
Equity Capital$57.36 Million
Net Income$4.62 Million
📈 Performance
ROA0.91%
ROE10.69%
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.