BankAnnapolis

Headquarters

1000 Bestgate Road
Annapolis, MD 21401
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.91% →
1-Year CD N.A. 0.85% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

BankAnnapolis is an FDIC insured institution located in Annapolis, MD. It was founded in 1990 and has approximately $0.44 billion in assets.

FDIC Insured Yes
FDIC Certificate # 32740
Date Established 1990
Assets $ 438.99 million
Loans $ 269.75 million
Deposits $ 349.30 million
Capital $ 36.60 million
 

For a more detailed analysis of BankAnnapolis's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - November 26, 2020

Your Current Location: Connecticut, CT 06828

 

Loan Rates - November 26, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for BankAnnapolis

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
First Internet Bank
NMLS ID: 424182
2.566% 2.500% 0.88 $2,170 $988 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.589% 2.500% 1.00 $2,915 $988 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to BankAnnapolis
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Branches

BankAnnapolis branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


BankAnnapolis Locations


Financial Details

BankAnnapolis Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of BankAnnapolis. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
BankAnnapolis U.S. Bank Average
28.3% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, BankAnnapolis had $12,007,000 in non-current loans and $601,000 in owned real estate. To cover these potential losses it had $36,600,000 in equity and $7,944,000 in loans loss reserves. That gives it a Texas Ratio of 28.3%.

Return on Equity
BankAnnapolis U.S. Bank Average
-3.47% 7.80%

BankAnnapolis has a Return on Equity of -3.47% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
BankAnnapolis U.S. Bank Average
8.34% 12.68%

BankAnnapolis has a Capitalization of 8.34% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

BankAnnapolis Balance Sheet Analysis

As of March 31, 2013, BankAnnapolis had assets of $438,994,000, loans of $269,748,000, and deposits of $349,297,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 269.75 million
Loan loss allowance $ 7.94 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.60 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 349.30 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 438.99 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in BankAnnapolis’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Maryland, BankAnnapolis has a significantly higher percent of Small Business Loans, Construction and Development Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 27.88
Multifamily
Mortgages
0.41
Credit Card Loans 0.00
Consumer Auto Loans 0.07
Small Business Loans 12.47
Construction and Development Loans 13.51
Commercial Real Estate 43.42
Commercial and Industrial Loans 15.35
Farm Loans 0.00

Frequently Asked Questions About Bankannapolis

Branches and Savings

Is Bankannapolis FDIC insured?

Yes. It is covered under FDIC Certificate #32740.

Why does Bankannapolis pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Bankannapolis CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Bankannapolis a commercial bank?

Yes

Where are Bankannapolis locations?

See branch locations nearby.

Is Bankannapolis open on Saturdays?

Is Bankannapolis open on Sundays?

What time does Bankannapolis open?

What time does Bankannapolis close?

Are Bankannapolis ATMs Open 24/7?

Do Bankannapolis ATMs accept cash deposits?

Can Bankannapolis customers use other ATMs?

Do Bankannapolis branches have notaries?

Will Bankannapolis notarize my document?

What address for Bankannapolis should I put for incoming ACH transfers?

Will the Bankannapolis branch print checks?

Do Bankannapolis checks expire?

Does Bankannapolis require US citizenship to open account?

Can Bankannapolis close my account?

Does Bankannapolis Report to credit bureaus?

Does Bankannapolis Use Equifax?

What is Bankannapolis's ACH Routing Number?

What is Bankannapolis's SWIFT code?

Products

Does Bankannapolis offer mortgages?

Compare mortgage rates here.

Does Bankannapolis offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bankannapolis offer personal loans?

Compare personal loan rates here.

Does Bankannapolis offer student loans?

Will Bankannapolis cash a check?

Will Bankannapolis redeem a savings bond?

Does Bankannapolis cash savings bonds?

Will Bankannapolis cash money orders?

Can Bankannapolis issue a money order?

Does Bankannapolis do currency exchange?

Background on The Bank

Who owns Bankannapolis?

How long has Bankannapolis been around?

Can Bankannapolis transfer to other banks?

Does Bankannapolis have quick pay?

Does Bankannapolis accept rolled coins?

Will Bankannapolis accept loose change?

Where is Bankannapolis headquarters?

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