PackageTrendsPeer
Letter portraitLegal landscape

Harbor Bank of Maryland, The

Baltimore, MD · Cert 24015 · Harbor Bankshares Corp.

State charter, non-member · FDIC · 7 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets operating in a single state3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks under $1B in assets operating in a single state (n=743 to 746). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

45

Q2 2024Q2 2026peer median (50)

Asset Quality

28

Q2 2024Q2 2026peer median (50)

Profitability

35

Q2 2024Q2 2026peer median (50)

Liquidity

76

Q2 2024Q2 2026peer median

Efficiency

8

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Harbor Bank of Maryland, The

Baltimore, MD · Cert 24015 · Harbor Bankshares Corp.

State charter, non-member · FDIC · 7 branches

Q2 2026

$383.2MAssets
$228.8MLoans
$323.8MDeposits
$46.8MEquity
Loan mix
90%RE $197.3M9%C&I $19.4M1%Consumer $1.3MQ3 2024Q2 2026
Deposit mix
63%Interest-bearing $202.4M37%Noninterest $121.4MQ3 2024Q2 2026

Market Position · Baltimore-Columbia-Towson, MD · 2026 SOD (annual) · 0.3% share · #24 of 40 inst. · $0.3B of $106.1B

0.6% Baltimore (City)
0.1% Montgomery
0.1% Baltimore

Executive Summary

  • Earnings: ROA of 0.37%, up 12 bps year over year; NIM at 4.34%.
  • Asset quality: problem loans at 1.89% of loans (-41 bps YoY), with net recoveries of 0.01%.
  • Capital: tier 1 leverage ratio of 12.36%, up 33 bps from a year ago.
  • Funding: loans stand at 70.68% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

0.37%+12 bps YoY

Net Interest Margin (YTD, annualized)

4.34%+28 bps YoY

Efficiency Ratio (YTD, annualized)

90.04%-149 bps YoY

Tier 1 Leverage Ratio

12.36%+33 bps YoY

NIM

5.04%Q2 ’244.95%Q2 ’255.09%Q2 ’26-4%+7%

Non-interest income vs. expense

4.55%Q2 ’244.51%Q2 ’254.43%Q2 ’26+40%+6%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.92%0.70%0.44%0.25%0.19%0.22%0.60%0.37%+12 bps
Return on Equity7.58%5.81%3.67%2.09%1.61%1.85%4.84%2.99%+90 bps
Net Interest Margin4.37%4.12%3.99%4.06%4.11%4.26%4.38%4.34%+28 bps
Efficiency Ratio76.29%80.31%85.61%91.52%91.60%91.91%83.71%90.04%-149 bps
Non-Interest Burden2.94%3.05%3.24%3.65%3.70%3.85%3.57%3.85%+21 bps
Growth
Asset Growth (YoY)-5.64%0.75%5.62%8.87%11.14%-0.55%-1.02%-0.74%-962 bps
Loan Growth (YoY)7.92%6.95%-0.51%-4.88%-7.38%-6.41%-5.04%1.78%+665 bps
Deposit Growth (YoY)-8.30%-0.06%7.62%10.92%12.14%-1.34%-1.88%-3.54%-1,447 bps
Asset Quality
Nonperforming Loans / Loans2.27%2.25%1.71%2.30%2.57%2.18%2.03%1.89%-41 bps
Net Charge-Offs / Loans0.09%0.15%0.90%0.48%0.64%0.49%-0.07%-0.01%-49 bps
Allowance / Loans1.37%1.37%1.22%1.24%1.22%1.20%1.22%1.15%-9 bps
Allowance Coverage of NPLs0.6x0.6x0.7x0.5x0.5x0.6x0.6x0.6x+0.1x
Capital
Tier 1 Leverage Ratio13.11%12.35%11.93%12.03%12.05%12.27%12.47%12.36%+33 bps
Total Risk-Based Capital13.11%12.35%11.93%12.03%12.05%12.27%12.47%12.36%+33 bps
Equity / Assets12.97%11.82%11.98%12.03%11.99%12.39%12.35%12.22%+19 bps
Liquidity & Funding
Loans / Deposits76.43%68.62%68.47%66.99%63.12%65.10%66.26%70.68%+369 bps
Liquid Assets / Assets9.08%8.80%6.49%7.20%11.95%6.82%7.70%5.30%-189 bps
CRE / Total Capitaln/an/an/an/a300%303%304%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Harbor Bank of Maryland, The

Baltimore, MD · Cert 24015 · Peer group: banks under $1B in assets operating in a single state (n=743-746) · Harbor Bankshares Corp.

State charter, non-member · FDIC · 7 branches

Q2 2026

$383.2MAssets
$228.8MLoans
$323.8MDeposits
$46.8MEquity

Executive Summary

  • Strongest standing: net interest margin outperforms 82% of banks under $1B in assets operating in a single state (rank 132 of 746).
  • Widest gap: efficiency ratio trails 92% of banks under $1B in assets operating in a single state (rank 687 of 746).
  • Overall: at or above the peer median on 2 of 9 directional measures.

Return on Assets

0.37%

Rank 654 of 746

Net Interest Margin

4.34%

Rank 132 of 746

Efficiency Ratio

90.04%

Rank 687 of 746

Equity / Assets

12.22%

Rank 227 of 746

Non-interest income vs. expense

$2.2M$17.1MINCOMEEXPENSE
Unfavorable gap of $14.8M · efficiency ratio beats 8% of banks under $1B in assets operating in a single state
Bank 90.04%Peer median 64.6%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets0.37%0.72%1.06%1.45%Beats 12%654 / 746
Return on Equity3.00%6.74%10.51%13.63%Beats 11%661 / 746
Net Interest Margin4.34%3.17%3.68%4.16%Beats 82%132 / 746
Efficiency Ratio90.04%55.74%64.58%75.47%Beats 8%687 / 746
Asset Quality
Nonperforming Loans / Loans1.89%0.09%0.42%1.07%Beats 13%651 / 743
Net Charge-Offs / Loans0.02%0.00%0.01%0.05%Beats 42%435 / 743
Capital
Tier 1 Capital Ratio12.36%11.55%13.75%17.60%Beats 35%484 / 746
Total Risk-Based Capital Ratio12.36%11.71%14.33%18.43%Beats 31%512 / 746
Equity / Assets12.22%8.90%10.51%13.06%Beats 70%227 / 746
Liquidity & Funding
Loans / Deposits70.68%61.31%78.27%90.78%36th pctl474 / 746
Loans / Assets59.71%53.60%66.97%76.08%35th pctl488 / 746
Brokered Deposits / Depositsn/aNot reported for this institution