Cecil Bank

127 North St
Elkton, MD 21921

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 31121
Date Established 1959
Assets $0.21 billion
Loans $0.07 billion
Deposits $0.14 billion
Capital $0.02 billion

Cecil Bank is an FDIC insured institution located in Elkton, MD. It was founded in 1959 and has approximately $0.21 billion in assets. Customers can open an account at one of its 9 branches.

For a more detailed analysis of Cecil 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 Cecil Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks, Cecil 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 48.38
Multifamily
Mortgages
4.05
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 14.83
Construction and Development Loans 3.83
Commercial Real Estate 43.48
Commercial and Industrial Loans 0.80
Farm Loans 1.03

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.15% $500 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
1.25% $100 - Learn MoreShow Less
MM Rates APY MIN MAX
MM25K
0.35% $2,501 $100,000 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $50 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

Home Equity Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Cecil 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


Cecil Bank Locations

Financial Details

Cecil Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Cecil 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
Cecil Bank U.S. Bank Average
144.63% 8.32%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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 September 30, 2017, Cecil Bank had $242,000 in non-current loans and $24,270,000 in owned real estate. To cover these potential losses it had $15,937,000 in equity and $1,011,000 in loans loss reserves. That gives it a Texas Ratio of 144.63%.

Return on Equity
Cecil Bank U.S. Bank Average
-216.65% 8.84%

Cecil Bank has a Return on Equity of -216.65% versus the BestCashCow average of 8.84%. 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
Cecil Bank U.S. Bank Average
7.5% 12.21%

Cecil Bank has a Capitalization of 7.5% versus the BestCashCow average of 12.21. 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.

Cecil Bank Balance Sheet Analysis

As of December 31, 2017, Cecil Bank had assets of $212,614,000, loans of $68,244,000, and deposits of $141,807,000. 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

ASSETS
Cash & Balances due from depository institutions $0.05 billion
Interest-bearing balances $0.05 billion
Total securities $0.06 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.07 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.02 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.20 billion
LIABILITIES
Total deposits $0.14 billion
      Interest-bearing deposits $0.12 billion
      Deposits held in domestic offices $0.14 billion
      % insured (estimated) 94.93%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.05 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.20 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.01 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $-0.01 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $-0.01 billion

Frequently Asked Questions About Cecil Bank

Branches and Savings

Is Cecil Bank FDIC insured?

Yes. It is covered under FDIC Certificate #31121.

Why does Cecil Bank pay such low interest on savings accounts?

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

Why are Cecil Bank CD rates not competitive?

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

Is Cecil Bank a commercial bank?

Yes

Where are Cecil Bank locations?

See branch locations nearby.

Is Cecil Bank open on Saturdays?

Is Cecil Bank open on Sundays?

What time does Cecil Bank open?

What time does Cecil Bank close?

Are Cecil Bank ATMs Open 24/7?

Do Cecil Bank ATMs accept cash deposits?

Can Cecil Bank customers use other ATMs?

Do Cecil Bank branches have notaries?

Will Cecil Bank notarize my document?

What address for Cecil Bank should I put for incoming ACH transfers?

Will the Cecil Bank branch print checks?

Do Cecil Bank checks expire?

Does Cecil Bank require US citizenship to open account?

Can Cecil Bank close my account?

Does Cecil Bank Report to credit bureaus?

Does Cecil Bank Use Equifax?

What is Cecil Bank's ACH Routing Number?

What is Cecil Bank's SWIFT code?

Products

Does Cecil Bank offer mortgages?

Compare mortgage rates here.

Does Cecil Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Cecil Bank offer personal loans?

Compare personal loan rates here.

Does Cecil Bank offer student loans?

Will Cecil Bank cash a check?

Will Cecil Bank redeem a savings bond?

Does Cecil Bank cash savings bonds?

Will Cecil Bank cash money orders?

Can Cecil Bank issue a money order?

Does Cecil Bank do currency exchange?

Background on The Bank

Who owns Cecil Bank?

How long has Cecil Bank been around?

Can Cecil Bank transfer to other banks?

Does Cecil Bank have quick pay?

Does Cecil Bank accept rolled coins?

Will Cecil Bank accept loose change?

Where is Cecil Bank headquarters?

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