CFG, the 12th largest bank headquartered in Maryland, has:
- "A" rating from Egan Jones
- 300/300 "Superior" IDC Rating
- 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.
- An A+ health rating from DepositAccounts.com
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 |
