Cecil Bank

127 North St
Elkton, MD 21921


2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 31121
Date Established 1959
Assets $0.20 billion
Loans $0.09 billion
Deposits $0.15 billion
Capital $0.01 billion

Cecil Bank is an FDIC insured institution located in Elkton, MD. It was founded in 1959 and has approximately $0.2 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 Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Maryland, Cecil Bank has a significantly higher percent of Commercial and Industrial Loans, Farm 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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 30.92
Credit Card Loans 0.00
Consumer Auto Loans 0.14
Small Business Loans 10.50
Construction and Development Loans 2.71
Commercial Real Estate 32.97
Commercial and Industrial Loans 30.84
Farm Loans 0.76

Deposit Rates - June 24, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.50% $2,501 $100,000 Learn MoreShow Less
3 Mo CD
0.15% $500 - Learn MoreShow Less
6 Mo CD
0.75% $500 - Learn MoreShow Less
12 Mo CD
1.00% $500 - Learn MoreShow Less
18 Mo CD
1.75% $500 - Learn MoreShow Less
24 Mo CD
1.50% $500 - Learn MoreShow Less
36 Mo CD
1.75% $500 - Learn MoreShow Less
48 Mo CD
2.25% $500 - Learn MoreShow Less
60 Mo CD
2.75% $500 - Learn MoreShow Less

Fixed IRA
1.75% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $50 - Learn MoreShow Less

Loan Rates - June 24, 2019

Your Current Location: Virginia, VA 20146

Auto Loan Rates APR Rate Monthly Payment
3 Year 3.89% 3.89% $736.88
4 Year 4.02% 4.02% $564.70
5 Year 4.44% 4.44% $465.39

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.


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.

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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
196.95% 6.97%

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 December 31, 2018, Cecil Bank had $170,000 in non-current loans and $23,220,000 in owned real estate. To cover these potential losses it had $11,137,000 in equity and $739,000 in loans loss reserves. That gives it a Texas Ratio of 196.95%.

Return on Equity
Cecil Bank U.S. Bank Average
-26.48% 8.80%

Cecil Bank has a Return on Equity of -26.48% versus the BestCashCow average of 8.80%. 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.

Cecil Bank U.S. Bank Average
5.7% 12.29%

Cecil Bank has a Capitalization of 5.7% versus the BestCashCow average of 12.29. 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, 2018, Cecil Bank had assets of $195,363,000, loans of $89,110,000, and deposits of $149,850,000. 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

December 31, 2018
Cash & Balances due from depository institutions $0.02 billion
Interest-bearing balances $0.02 billion
Total securities $0.05 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.09 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 $0.18 billion
Total deposits $0.15 billion
      Interest-bearing deposits $0.13 billion
      Deposits held in domestic offices $0.15 billion
      % insured (estimated) 97.49%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.03 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.18 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

December 31, 2018
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 $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $-0.00 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?


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?


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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