Bank of Ocean City

Ocean City, MD
IDRSSD: 147923
Total Assets
$724.37M
Latest filing
Total Deposits
$651.04M
Latest filing
Net Interest Margin
3.49%
Profitability

Locations

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Main Office
Bank of Ocean City
10005 Golf Course Rd
Ocean City, MD 21842
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1916FDIC Certificate 4008

Branches (5)

Page 1 of 1
NameAddressCity / State
Bank of Ocean City (Main)10005 Golf Course RdOcean City, MD
59TH STREET BRANCH5900 Coastal HwyOcean City, MD
OCEAN PINES BRANCH11001 Nicholas LnBerlin, MD
WILLIAMS STREET BRANCH627 Williams StBerlin, MD
FENWICK ISLAND BRANCH904 Coastal HwyFenwick Island, DE
SELBYVILLE BRANCH OFFICE38227 Dupont BoulevardSelbyville, DE
Showing 5 of 5

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date01/01/1916
Community BankYes
Ownership TypeNot Mutual
ZIP21842
State and County Number24047
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number05
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictNew York
Core Based Statistical Area NameSalisbury, MD-DE

Operational Info

Number of Employees76
Domestic Offices6
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.bankofoceancity.com
Data Updated11/14/2025
CERT5867
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$724.37M
Total Deposits$651.04M
Total Liabilities$653.26M
Total Equity Capital$71.11M
Net Income$2.57M
Net Loans and Leases$483.27M
Assets Per Employee ($Millions)$9.29M
Bank Premises and Fixed Assets$9.88M
Cash and Balances due from Depository Institutions$91.26M
Deposits Held in Domestic Offices$651.04M

Key Performance Ratios

Return on Assets (ROA)1.45%
Return on Equity (ROE)14.68%
Net Interest Margin3.49%
Efficiency Ratio42.73%
Tier 1 Risk-Based Capital Ratio14.452%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.12%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.816%
Earning Assets to total Assets96.43%

Income and Expense

Total Interest Income$8.78M
Total Noninterest Income$358.00k
Total Interest Expense$2.82M
Total Noninterest Expense$2.70M
Net Interest Income$5.96M
Pre-tax Net Operating Income$3.41M
Provision for Credit Losses$213.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$240.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$2.22M
Total Liabilities and Capital$724.37M

Securities

Securities$127.69M
Available-for-sale debt securities$20.37M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$107.32M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Bank of Ocean City?
$724.37M as of the latest filing.
How much are Bank of Ocean City's total deposits?
$651.04M in total deposits.
Where is Bank of Ocean City located?
Ocean City, MD.
What is the Net Interest Margin?
3.49%.
How many domestic offices does it operate?
6.
When was it established?
01/01/1916.
What is the Return on Assets (ROA)?
1.45%.
How much are total loans and leases?
$483.27M (latest filing).
What is the total interest income (latest filing)?
$8.78M.