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Madison Bank of Maryland

Forest Hill, MD · Cert 32331

FDIC · 3 branches

Q4 2019

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2019, the quarter ended December 31, 2019, on both parts.

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

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

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

Madison Bank of Maryland

Forest Hill, MD · Cert 32331

FDIC · 3 branches

Q4 2019

$139.4MAssets
$99.1MLoans
$95.5MDeposits
$27.4MEquity
Deposit mix
93%Interest-bearing $89.2M7%Noninterest $6.3MQ4 2018Q4 2019

NIM

3.07%Q4 ’173.66%Q4 ’183.54%Q4 ’19+16%-11%

Non-interest income vs. expense

2.53%Q4 ’172.59%Q4 ’182.64%Q4 ’19+3%+2%

Market Position · Baltimore-Columbia-Towson, MD · 2019 SOD (annual) · 0.1% share · #33 of 49 inst. · $0.1B of $74.3B

1.5% Harford
0.2% Baltimore

Executive Summary

  • Earnings: ROA of 0.15%, down 144 bps year over year; NIM at 2.46%.
  • Asset quality: problem loans at 0.25% of loans (-26 bps YoY), with net recoveries of 0.29%.
  • Capital: tier 1 leverage ratio of 18.78%, up 107 bps from a year ago.
  • Funding: loans stand at 103.75% of deposits as of Q4 2019.

Financial Results

Return on Assets (YTD, annualized)

0.15%-144 bps YoY

Net Interest Margin (YTD, annualized)

2.46%-31 bps YoY

Efficiency Ratio (YTD, annualized)

99.73%+1,245 bps YoY

Tier 1 Leverage Ratio

18.78%+107 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2018Q1 2019Q2 2019Q3 2019Q4 2019YoY ΔTrend
Earnings
Return on Assets1.60%0.42%0.22%0.22%0.15%-144 bps
Return on Equity9.73%2.33%1.22%1.20%0.83%-890 bps
Net Interest Margin2.77%2.44%2.44%2.42%2.46%-31 bps
Efficiency Ratio87.28%95.59%97.50%98.94%99.73%+1,245 bps
Non-Interest Burden2.38%2.31%2.37%2.38%2.44%+6 bps
Growth
Asset Growth (YoY)2.15%-0.38%-2.13%-4.15%-7.09%-923 bps
Loan Growth (YoY)6.27%1.32%-1.73%-0.95%-1.99%-825 bps
Deposit Growth (YoY)-4.95%-4.38%-2.93%-3.68%-7.17%-222 bps
Asset Quality
Nonperforming Loans / Loans0.52%0.46%0.46%0.45%0.25%-26 bps
Net Charge-Offs / Loans-0.69%-0.64%-0.32%-0.38%-0.29%+40 bps
Allowance / Loans1.28%1.32%1.32%1.30%1.32%+4 bps
Allowance Coverage of NPLs2.5x2.8x2.8x2.9x5.2x+2.7x
Capital
Tier 1 Leverage Ratio17.70%17.79%18.10%18.31%18.78%+107 bps
Total Risk-Based Capital32.83%33.60%34.98%34.16%34.97%+215 bps
Equity / Assets17.63%18.18%18.50%19.02%19.67%+204 bps
Liquidity & Funding
Loans / Deposits98.26%97.47%98.52%100.56%103.75%+549 bps
Liquid Assets / Assets12.39%14.83%16.58%12.93%12.40%+1 bps
CRE / Total Capitaln/an/an/an/an/an/an/a