Calvin B. Taylor Banking Company of Berlin, Maryland

Headquarters

24 North Main Street
Berlin, MD 21811
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 0.91% →
1-Year CD 0.30% 0.85% →
2-Year CD 0.50% 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

Calvin B. Taylor Banking Company of Berlin, Maryland is an FDIC insured institution located in Berlin, MD. It was founded in 1890 and has approximately $0.54 billion in assets. Customers can open an account at one of its 11 branches.

FDIC Insured Yes
FDIC Certificate # 5874
Date Established 1890
Assets $ 543.34 million
Loans $ 369.86 million
Deposits $ 451.88 million
Capital $ 89.17 million
 

For a more detailed analysis of Calvin B. Taylor Banking Company of Berlin, Maryland's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - November 24, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.20% $10,000 $14,999 Learn More
6 Mo CD
0.20% $100,000 $199,999 Learn More
12 Mo CD
0.30% $10,000 $14,999 Learn More
12 Mo CD
0.30% $100,000 $199,999 Learn More
18 Mo CD
0.40% $10,000 $14,999 Learn More
18 Mo CD
0.40% $100,000 $199,999 Learn More
24 Mo CD
0.50% $10,000 $14,999 Learn More
24 Mo CD
0.50% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - November 24, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Calvin B. Taylor Banking Company of Berlin, Maryland

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
AimLoan.com
NMLS ID: 2890
License#: 13256
2.557% 2.500% 0.75 $1,868 $988 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to Calvin B. Taylor Banking Company of Berlin, Maryland
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Branches

Calvin B. Taylor Banking Company of Berlin, Maryland 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


Calvin B. Taylor Banking Company of Berlin, Maryland Locations


Financial Details

Calvin B. Taylor Banking Company of Berlin, Maryland Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Calvin B. Taylor Banking Company of Berlin, Maryland. 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
Calvin B. Taylor Banking Company of Berlin, Maryland U.S. Bank Average
2.5% 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, Calvin B. Taylor Banking Company of Berlin, Maryland had $2,257,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $89,174,000 in equity and $1,044,000 in loans loss reserves. That gives it a Texas Ratio of 2.5%.

Return on Equity
Calvin B. Taylor Banking Company of Berlin, Maryland U.S. Bank Average
8.72% 7.80%

Calvin B. Taylor Banking Company of Berlin, Maryland has a Return on Equity of 8.72% 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
Calvin B. Taylor Banking Company of Berlin, Maryland U.S. Bank Average
16.41% 12.68%

Calvin B. Taylor Banking Company of Berlin, Maryland has a Capitalization of 16.41% 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.

Calvin B. Taylor Banking Company of Berlin, Maryland Balance Sheet Analysis

As of March 31, 2020, Calvin B. Taylor Banking Company of Berlin, Maryland had assets of $543,339,000, loans of $369,858,000, and deposits of $451,878,000. 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 $ 76.38 million
Interest-bearing balances $ 65.77 million
Total securities $ 71.02 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 369.86 million
Loan loss allowance $ 1.04 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 15.86 million
     Total Assets $ 454.17 million
LIABILITIES
Total deposits $ 451.88 million
      Interest-bearing deposits $ 297.61 million
      Deposits held in domestic offices $ 451.88 million
      % insured (estimated) 86.56%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 2.29 million
      Total Liabilities $ 454.17 million
      Shareholders’ Equity $ 89.17 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 5.14 million
Total Interest Expense $ 0.18 million
Net interest income $ 4.96 million
Provision for loan and lease losses $ 0.22 million
Total non interest income $ 0.58 million
Total non interest expense $ 2.76 million
Pre-tax Net Operating Income $ 2.56 million

Bank Loan Profile?

The top three loan types in Calvin B. Taylor Banking Company of Berlin, Maryland’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Construction and Development Loans.

Compared to other banks in Maryland, Calvin B. Taylor Banking Company of Berlin, Maryland has a significantly higher percent of Commercial Real Estate 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 32.54
Multifamily
Mortgages
1.12
Credit Card Loans 0.00
Consumer Auto Loans 0.03
Small Business Loans 0.00
Construction and Development Loans 6.72
Commercial Real Estate 50.16
Commercial and Industrial Loans 5.21
Farm Loans 0.01

Frequently Asked Questions About Calvin B. Taylor Banking Company Of Berlin, Maryland

Branches and Savings

Is Calvin B. Taylor Banking Company Of Berlin, Maryland FDIC insured?

Yes. It is covered under FDIC Certificate #5874.

Why does Calvin B. Taylor Banking Company Of Berlin, Maryland pay such low interest on savings accounts?

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

Why are Calvin B. Taylor Banking Company Of Berlin, Maryland CD rates not competitive?

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

Is Calvin B. Taylor Banking Company Of Berlin, Maryland a commercial bank?

Yes

Where are Calvin B. Taylor Banking Company Of Berlin, Maryland locations?

See branch locations nearby.

Is Calvin B. Taylor Banking Company Of Berlin, Maryland open on Saturdays?

Is Calvin B. Taylor Banking Company Of Berlin, Maryland open on Sundays?

What time does Calvin B. Taylor Banking Company Of Berlin, Maryland open?

What time does Calvin B. Taylor Banking Company Of Berlin, Maryland close?

Are Calvin B. Taylor Banking Company Of Berlin, Maryland ATMs Open 24/7?

Do Calvin B. Taylor Banking Company Of Berlin, Maryland ATMs accept cash deposits?

Can Calvin B. Taylor Banking Company Of Berlin, Maryland customers use other ATMs?

Do Calvin B. Taylor Banking Company Of Berlin, Maryland branches have notaries?

Will Calvin B. Taylor Banking Company Of Berlin, Maryland notarize my document?

What address for Calvin B. Taylor Banking Company Of Berlin, Maryland should I put for incoming ACH transfers?

Will the Calvin B. Taylor Banking Company Of Berlin, Maryland branch print checks?

Do Calvin B. Taylor Banking Company Of Berlin, Maryland checks expire?

Does Calvin B. Taylor Banking Company Of Berlin, Maryland require US citizenship to open account?

Can Calvin B. Taylor Banking Company Of Berlin, Maryland close my account?

Does Calvin B. Taylor Banking Company Of Berlin, Maryland Report to credit bureaus?

Does Calvin B. Taylor Banking Company Of Berlin, Maryland Use Equifax?

What is Calvin B. Taylor Banking Company Of Berlin, Maryland's ACH Routing Number?

What is Calvin B. Taylor Banking Company Of Berlin, Maryland's SWIFT code?

Products

Does Calvin B. Taylor Banking Company Of Berlin, Maryland offer mortgages?

Compare mortgage rates here.

Does Calvin B. Taylor Banking Company Of Berlin, Maryland offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Calvin B. Taylor Banking Company Of Berlin, Maryland offer personal loans?

Compare personal loan rates here.

Does Calvin B. Taylor Banking Company Of Berlin, Maryland offer student loans?

Will Calvin B. Taylor Banking Company Of Berlin, Maryland cash a check?

Will Calvin B. Taylor Banking Company Of Berlin, Maryland redeem a savings bond?

Does Calvin B. Taylor Banking Company Of Berlin, Maryland cash savings bonds?

Will Calvin B. Taylor Banking Company Of Berlin, Maryland cash money orders?

Can Calvin B. Taylor Banking Company Of Berlin, Maryland issue a money order?

Does Calvin B. Taylor Banking Company Of Berlin, Maryland do currency exchange?

Background on The Bank

Who owns Calvin B. Taylor Banking Company Of Berlin, Maryland?

How long has Calvin B. Taylor Banking Company Of Berlin, Maryland been around?

Can Calvin B. Taylor Banking Company Of Berlin, Maryland transfer to other banks?

Does Calvin B. Taylor Banking Company Of Berlin, Maryland have quick pay?

Does Calvin B. Taylor Banking Company Of Berlin, Maryland accept rolled coins?

Will Calvin B. Taylor Banking Company Of Berlin, Maryland accept loose change?

Where is Calvin B. Taylor Banking Company Of Berlin, Maryland headquarters?

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