Vitals
  • Total Assets
    997.8M 4.9 %
  • Total Deposits
    819.7M 8.4 %
  • Total Net Loans
    867.1M 9.5 %
  • Net Income
    8.7M -12.6 %
  • Book Value
    93.2M 10.5 %
  • Book Value x2
    186.5M 10.5 %
  • Book Value x3
    279.7M 10.5 %
ROAA

1.743

ROAE

19.347

Efficiency Ratio

40.209

Net Interest Margin

4.28

Balance Sheet Highlights
Financial Highlights Mercantile County Bank All Insured Commercial Banks in Maryland
Balance Sheet $(000)
Total Assets 997,780 486,679
Total Net Loans 867,133 386,356
Total Deposits 819,661 380,946
Total Equity 93,239 54,214
Profitability
Net Income 8,735 5,081
Return on Average Assets 1.743 1.251
Return on Average Equity 19.347 12.118
Net Interest Margin 4.28 4.23
Efficiency Ratio 40.209 66.598
Noninterest Income/Revenue 10.245 13.202
Balance Sheet Ratios
Loan-to-Deposit 105.792 91.283
Securities/Assets .079 .316
Total Equity/Total Assets .093 .111
Tangible Equity/Tangible Assets .089 -.041
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 90,313 43,464
Tier 2 Capital 37,070 8,781
Total Capital 127,383 51,591
Total Risk Weighted Assets 797,933 373,589
Leverage Ratio 9.06 10.128
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 11.32 12.736
Total Capital Ratio 15.96 14.264

Timeline for Mercantile County Bank

Pnc Bank, National Association

Mercantile County Bank was acquired by Pnc Bank, National Association 16 years

View Profile Sep 15 2007

Pnc Financial Services Group, Inc., The

Pnc Financial Services Group, Inc., The became a new parent organization for Mercantile County Bank.

View Profile Mar 02 2007

The Forest Hill State Bank

Acquisition: Mercantile County Bank acquired a new subsidiary, The Forest Hill State Bank, 19 years

View Profile Jul 28 2004

Mcb Holdings & Investments, Inc.

Mcb Holdings & Investments, Inc. became a new subsidiary organization for Mercantile County Bank.

View Profile Jul 28 2004

48 Main Street Branch

Acquisition: Mercantile County Bank acquired a new subsidiary, 48 Main Street Branch , 20 years

View Profile Sep 27 2003

Want to see more?

Complete timeline for Mercantile County Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Pnc Bank, National Association Buyer 43,244,081 Pooling of Interests Discontinued 9/15/2007
The Forest Hill State Bank Seller 392,923 Pooling of Interests Discontinued 7/28/2004
48 Main Street Branch Seller Acquisition Discontinued 9/27/2003
The Citizens National Bank Of Havre De Grace Seller 10,638 Discontinued 10/3/1977
Relationships Role Relationship Start Relationship End
Pnc Financial Services Group, Inc., The Parent 3/2/2007 9/14/2007
Mercantile Bankshares Corporation Parent 7/1/1983 3/1/2007
Mcb Holdings & Investments, Inc. Subsidary 7/28/2004 8/24/2007
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