Financial Information

CFG Bank. More confidence.

CFG, the 12th largest bank headquartered in Maryland, has:

  • an A+ health rating from DepositAccounts.com 
  • received a four out of five star rating from Smart Assets
  • is ranked third nationally by the Independent Community Bankers of America as a top performing bank between $300 million and $1 billion in assets as part of its annual "Best of the Best" list.

Click here to view detailed year-by-year CFG Bank financial highlights.

Balance Sheet

  12/31/16 YTD 12/31/17 YTD 12/31/18 YTD 9/30/19 YTD
Total Assets ($000s) $711,150 $684,325 $832,274 $1,098,059
Total Loans ($000s) $601,682 $583,439 $696,120 $896,231
Total Deposits ($000s) $617,982 $499,279 $659,577 $908,393
Loan Growth 13.2% -3.0% 19.3% 28.7%
Loans/Deposits 97.4% 116.9% 105.5% 98.7%

 

Performance Measures

  12/31/16 YTD 12/31/17 YTD 12/31/18 YTD 9/30/19 YTD
Net Income ($000s) $13,494 $17,913 $24,595 $13,726
ROAA 2.07% 2.58% 3.20% 1.90%
ROAE 17.05% 15.75% 18.64% 10.95%
Net Interest Margin 5.6% 5.5% 5.0% 5.0%
Efficiency Ratio 54.9% 56.6% 55.8% 61.2%

 

Capital Ratios

  12/31/16 YTD 12/31/17 YTD 12/31/18 YTD 9/30/19 YTD
Risk-Based Capital Ratio 12.10% 18.37% 20.87% 17.33%
Tier 1 Risk-Based Ratio 10.82% 17.07% 19.58% 16.05%
Leverage Ratio 9.91% 14.16% 17.46% 14.93%

 

Asset Quality

  12/31/16 YTD 12/31/17 YTD 12/31/18 YTD 9/30/19 YTD
Non-Performing Loans 2.54% 2.70% 1.89% 1.07%
Non-Performing Assets 2.15% 2.30% 1.59% 0.88%
Loan Loss Reserves/Loans 1.49% 2.35% 2.24% 2.10%
Loan Loss Reserves/NPLs 64.7% 86.6% 118.0% 193.61%
Texas Ratio 17.2% 14.3% 8.7% 5.9%

 

  12/31/16 YTD 12/31/17 YTD 12/31/18 YTD 9/30/19 YTD
Full Time Employees 105 119 125 136

 

Ratings

  12/31/16 YTD 12/31/17 YTD 12/31/18 YTD 9/30/19 YTD
IDC 300 300 300 300
Egan Jones Rating A A A A
Source: S&P Global Market Intelligence derived from selected FFIEC Call Report data for the periods presented.

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