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Bank of Ocean City, Financial Information

AboutBank of Ocean City

 Address:
10005 Golf Course Road
Ocean City,MD
Worcester County,Maryland
 Established:
Jan 1916
 Number of domestic offices:
5
Total assets$495M
Net income$5M
Net income,quarterly$1M
Total deposits$449M
Domestic deposits$449M
Equity capital$44M
ROA1.23%
ROAQ,quarterly1.07%
ROA,pretax1.07%
ROAQ,quarterly,pretax1.43%
ROE12.71%
ROEQ,quarterly12.32%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

In 1916 Bank of Ocean City was created to serve the needs of the residents. Since originally opening at the corner of Dorchester Street and Baltimore Ave the bank have expanded to serve growing community.

West Ocean City
10005 Golf Course Road
Ocean City, MD 21842

Phone: 410-213-0173
Fax: 410-213-2422

Lobby Hours:
Mon-Thursday: 9:00am-4:00pm
Friday: 9:00am-6:00pm
Saturday: 9:00am-12:00pm

Drive Thru Hours:
Mon-Thursday: 8:30am-4:00pm
Friday: 8:30am-6:00pm
Saturday: 8:30am-12:00pm

Historical Data