Vitals
  • Total Assets
    603.7M -2.2 %
  • Total Deposits
    491.7M 0.6 %
  • Total Net Loans
    473.6M -3.4 %
  • Net Income
    6.2M 1.5 %
  • Book Value
    60.1M 10.2 %
  • Book Value x2
    120.2M 10.2 %
  • Book Value x3
    180.2M 10.2 %
ROAA

2.056

ROAE

21.407

Efficiency Ratio

44.884

Net Interest Margin

4.583

Balance Sheet Highlights
Financial Highlights Mercantile Eastern Shore Bank All Insured Commercial Banks in Maryland
Balance Sheet $(000)
Total Assets 603,702 486,679
Total Net Loans 473,619 386,356
Total Deposits 491,713 380,946
Total Equity 60,077 54,214
Profitability
Net Income 6,226 5,081
Return on Average Assets 2.056 1.251
Return on Average Equity 21.407 12.118
Net Interest Margin 4.583 4.23
Efficiency Ratio 44.884 66.598
Noninterest Income/Revenue 12.679 13.202
Balance Sheet Ratios
Loan-to-Deposit 96.32 91.283
Securities/Assets .12 .316
Total Equity/Total Assets .1 .111
Tangible Equity/Tangible Assets .097 -.041
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 59,837 43,464
Tier 2 Capital 30,114 8,781
Total Capital 89,951 51,591
Total Risk Weighted Assets 475,571 373,589
Leverage Ratio 10.06 10.128
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 12.58 12.736
Total Capital Ratio 18.91 14.264

Timeline for Mercantile Eastern Shore Bank

Pnc Bank, National Association

Mercantile Eastern Shore 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 Eastern Shore Bank.

View Profile Mar 02 2007

St. Michaels Bank

Acquisition: Mercantile Eastern Shore Bank acquired a new subsidiary, St. Michaels Bank, 19 years

View Profile Jul 28 2004

The Peoples Bank Of Maryland

Acquisition: Mercantile Eastern Shore Bank acquired a new subsidiary, The Peoples Bank Of Maryland, 19 years

View Profile Jul 28 2004

P B M Holdings & Investments, Inc.

P B M Holdings & Investments, Inc. became a new subsidiary organization for Mercantile Eastern Shore Bank.

View Profile Jul 28 2004

Want to see more?

Complete timeline for Mercantile Eastern Shore 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
St. Michaels Bank Seller 261,800 Pooling of Interests Discontinued 7/28/2004
The Peoples Bank Of Maryland Seller 109,752 Pooling of Interests Discontinued 7/28/2004
Second National Federal Savings Association Seller 781,668 Failure 9/17/1994
The Sudlersville Bank Of Maryland Seller 32,201 Discontinued 1/1/1987
Relationships Role Relationship Start Relationship End
Pnc Financial Services Group, Inc., The Parent 3/2/2007 9/14/2007
Mercantile Bankshares Corporation Parent 9/30/1971 3/1/2007
Mesb Holding & Investments, Inc. Subsidary 6/1/1994 8/24/2007
P B M Holdings & Investments, Inc. Subsidary 7/28/2004 8/18/2004
S M B Holdings & Investments, Inc. Subsidary 7/28/2004 8/18/2004
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