This institution is no longer active

Operations ceased on July 1, 2023. CRA examination history below reflects the period it was active.

COMMUNITY BANK OF THE CHESAPEAKE

WALDORF, MD · Supervised by FDIC

Est. 1950FDIC #30,903RSSD: FDIC-30903

Part ofCOMMUNITY FINANCIAL CORP THE→ View all charters

Satisfactory Same

Current rating · Exam: February 2022

CompareWatch

At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Strong

ROA 1.45%

Is this bank safe?

COMMUNITY BANK OF THE CHESAPEAKE holds a Satisfactory CRA rating (2022), is financially strong (ROA +1.45%). Overall, this bank appears financially sound.

Institution Profile

FDIC BankFind

Address

3035 Leonardtown Rd, WALDORF, MD

County

Charles County

Established

January 1, 1950

Total Assets

$2.5B(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

February 1, 2022

Exam Type

Large Bank

Regulator

FDIC

What is a CRA rating? →

Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q2 2023Call Report / FDIC

Total Assets

$2.5B

Total Deposits

$2.1B

Net Loans

$1.9B

Net Income

$18M

ROA

1.45%

Above avg for Community banks. Peer avg: 0.90%

ROE

15.62%

Risk-Based Capital

14.31%

Above avg for Community banks. Regulatory min: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Peer Comparison

Community banks

Compared to the peer-bank Community peer group (same asset tier).

ROA1.45%Peer avg: 0.90%▲ Above avg

Risk-Based Capital14.31%Peer avg: 12.91%▲ Above avg

Mortgage Denial Rate5.13%Peer avg: 10.20%▼ Fewer than avg

Unlock peer list → See which specific banks are in this peer group.

Mortgage Lending

CFPB HMDA

Year	Applications	Orig. Rate	Denial Rate
2023	39	74.36%	5.13%
2022	130	66.92%	16.15%
2021	186	65.59%	15.05%
2019	53	94.34%	1.89%
2018	66	95.45%	0.00%

Denial rate = denials ÷ total applications. 2024 national avg: 23.75% · Community bank avg: 10.20% · above-average shown in red

Rating History

CRA / FFIEC

Exam Date	Rating	Exam Type
Feb 2022	Satisfactory	Large Bank
Dec 2018	Satisfactory	Large Bank

Rating Over Time

🔒 Locked

OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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