HarVest Bank of Maryland
Gaithersburg, MD · Owner: Harvest Bcorp Inc
$163M
total assets, March 31, 2012
$163M
total assets, March 31, 2012
HarVest Bank of Maryland was a state nonmember bank in Gaithersburg, MD, owned by Harvest Bcorp Inc. It failed on Apr 27, 2012, and Sonabank took over its deposits. At its last report it held $163.0 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2012
This bank failed
- Failed on
- Apr 27, 2012
- Assets
- $163M
- Deposits
- $146M
- Estimated cost
- $26.7M
- Deposits went to
- Sonabank, Mclean, MD
Total assets
$163M
+6.0% in a year · -0.8% in a quarter
Deposits
$146M
+13.7% in a year · 0.0% in a quarter
Loans
$89.2M
-20.1% in a year · -6.7% in a quarter
Profit so far
-$1.5M
Jan 1 to Mar 31, 2012 · -1168.1% in a year
Capital ratio
0.59%
-2.80 pts in a year
Return on assets
-3.60%
-3.95 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 15810 Gaither Dr, Suite 220, Gaithersburg, MD, 20877
- County
- Montgomery
- Holding company
- Harvest Bcorp Inc
- Established
- Nov 15, 2004
- Failed
- Apr 27, 2012
- Employees
- 20
- Branches
- 5
- Id
- b57766
Quarter by quarter
December 31, 2004 to March 31, 2012
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is HarVest Bank of Maryland?
$163.0 million in total assets and $145.5 million in deposits as of March 31, 2012, with assets up 6.0% from a year before. Its loans were $89.2 million.
How many branches does HarVest Bank of Maryland have?
5 branches in Maryland as of June 30, 2026.
Is HarVest Bank of Maryland profitable?
No: it lost $1.47 million from January 1 to March 31, 2012. Its return on assets was -3.60% a year; about 1% is typical.
Who owns HarVest Bank of Maryland?
HarVest Bank of Maryland is owned by Harvest Bcorp Inc, its holding company.
When did HarVest Bank of Maryland fail?
Apr 27, 2012. Sonabank of Mclean, MD took over its deposits. The estimated cost of the failure was $26.7 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.