Sandy Spring Bank
Established in 1899
About Sandy Spring Bank
Sandy Spring Bank was established on 1899. The bank's headquarters are located at 17801 Georgia Avenue in Olney, Maryland. It has 5 branches.
Sandy Spring Bank is an FDIC insured bank with FDIC number 4865 managing assets to the value of $13,297,905 as of 9/30/2022.
Sandy Spring Bank has a Texas ratio of 2.27%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.
About the Bank
FDIC Certificate #
4865
Active Insured Since #
1/1/1934
Financial Profile
Dollar figures in thousands (000's)
| As of 9/30/2022 | |
|---|---|
| Total Assets | $13,297,905 |
| Equity Capital | $1,744,645 |
| Total Deposits | $11,066,981 |
| Total Liabilities | $11,553,260 |
| Total Securities | $1,543,160 |
| Net Loans And Leases | $10,696,232 |
| Loan Loss Allowance | $113,669 |
| Total Loans And Leases | $10,809,901 |
| YTD (as of 9/30/2022) | |
|---|---|
| Return On Assets | 1,611,712,400.00% |
| Return On Equity | 12,271,882,400.00% |
| Total Interest Income | $219,940 |
| Total Interest Expense | $6,386 |
| Total Non Interest Income | $55,797 |
| Total Non Interest Expense | $126,201 |
Headquarters
17801 Georgia Avenue 20832, OlneySandy Spring Bank branches near me
Total Loans and Leases Statistics
Total Loans and Leases $10,809,901 In thousands (000's) * All data provided by fdic.gov updated 9/30/2022Sandy Spring Bank Mortgage Loans Profile
69.96%
Application Approval Rate
$385,697
Average Mortgage Loan Amount
4,797
Number of Loan Applications
$170,174
Average Income of Applicants with Approved Loans
120,623,100.00%
Average Cost of Loans
332,300.00%
Average Debt to Income Ratio
Distribution of Mortgage Loans
Top Counties by Number of Mortgage Loan Applications
1 Montgomery
1,035
$376,305
70.34%
$183,755
2 Prince Georges
738
$241,311
63.55%
$97,662
3 Washington
636
$567,909
69.18%
$169,290
4 Fairfax
472
$480,014
75.21%
$224,410
5 Anne Arundel
313
$309,174
69.65%
$178,091
6 Howard
223
$383,247
69.06%
$186,201
Top States by Number of Mortgage Loan Applications
1 Maryland
2,959
$319,993
68.23%
$156,279
2 Virginia
1,071
$451,895
73.67%
$200,209
3 District of Columbia
636
$567,909
69.18%
$169,290
4 Florida
36
$540,667
83.33%
$386,667
5 Delaware
20
$290,625
80.00%
$234,857
6 Pennsylvania
19
$288,125
84.21%
$141,813