Bay National Bank

2328 West Joppa Road
Baltimore, MD 21203

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 35462
Date Established 2000
Assets $0.29 billion
Loans $0.18 billion
Deposits $0.28 billion
Capital $0.01 billion

Bay National Bank is an FDIC insured institution located in Baltimore, MD. It was founded in 2000 and has approximately $0.22 billion in assets.

Bay National Bank, Baltimore, Maryland, was closed July 9, 2010 by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Bay Bank, FSB, Lutherville, Maryland, to assume all of the deposits of Bay National Bank.

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

Bank Loan Profile?

The top three loan types in Bay National Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Bay National Bank’s loan portfolio does not show any specific loan specialty.

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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for Bay National Bank, but see these great savings and CD rates:


Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bay National Bank

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

Featured - Virginia 30 Year Fixed Mortgage Rates 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
HomeDirect Mortgage
NMLS ID: 420821
3.888% 3.875% 0.13 $497 $1,176 Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
4.000% 4.000% 0.00 $0 $1,194 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

Note to Bay National Bank
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Branches

Bay National Bank 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:
Ashburn,Virginia


Bay National Bank Locations

Financial Details

Bay National Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bay National Bank. 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
Bay National Bank U.S. Bank Average
101.58% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Bay National Bank had $20,428,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $10,351,000 in equity and $9,760,000 in loans loss reserves. That gives it a Texas Ratio of 101.58%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Bay National Bank U.S. Bank Average
-66.39% 8.58

Bay National Bank has a Return on Equity of -66.39% versus the BestCashCow average of 8.58. 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
Bay National Bank U.S. Bank Average
3.53% 12.11

Bay National Bank has a Capitalization of 3.53% versus the BestCashCow average of 12.11. 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.

Bay National Bank Balance Sheet Analysis

As of November 30, -0001, Bay National Bank had assets of $217,743,000, loans of $184,784,000, and deposits of $281,672,000. 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.

Frequently Asked Questions About Bay National Bank

Branches and Savings

Is Bay National Bank FDIC insured?

Yes. It is covered under FDIC Certificate #35462.

Why does Bay National Bank pay such low interest on savings accounts?

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

Why are Bay National Bank CD rates not competitive?

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

Is Bay National Bank a commercial bank?

Yes

Where are Bay National Bank locations?

See branch locations nearby.

Is Bay National Bank open on Saturdays?

Is Bay National Bank open on Sundays?

What time does Bay National Bank open?

What time does Bay National Bank close?

Are Bay National Bank ATMs Open 24/7?

Do Bay National Bank ATMs accept cash deposits?

Can Bay National Bank customers use other ATMs?

Do Bay National Bank branches have notaries?

Will Bay National Bank notarize my document?

What address for Bay National Bank should I put for incoming ACH transfers?

Will the Bay National Bank branch print checks?

Do Bay National Bank checks expire?

Does Bay National Bank require US citizenship to open account?

Can Bay National Bank close my account?

Does Bay National Bank Report to credit bureaus?

Does Bay National Bank Use Equifax?

What is Bay National Bank's ACH Routing Number?

What is Bay National Bank's SWIFT code?

Products

Does Bay National Bank offer mortgages?

Compare mortgage rates here.

Does Bay National Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bay National Bank offer personal loans?

Compare personal loan rates here.

Does Bay National Bank offer student loans?

Will Bay National Bank cash a check?

Will Bay National Bank redeem a savings bond?

Does Bay National Bank cash savings bonds?

Will Bay National Bank cash money orders?

Can Bay National Bank issue a money order?

Does Bay National Bank do currency exchange?

Background on The Bank

Who owns Bay National Bank?

How long has Bay National Bank been around?

Can Bay National Bank transfer to other banks?

Does Bay National Bank have quick pay?

Does Bay National Bank accept rolled coins?

Will Bay National Bank accept loose change?

Where is Bay National Bank headquarters?

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