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Carrollton Feels Pinch On Margin.
BALTIMORE -- Carrollton Bancorp, the parent company of Carrollton Bank, reported net income for the first quarter of $601,000, compared to $868,000 for the first quarter of 2006, a 31% decrease.
The company said its earning performance in the first quarter is being impacted primarily by compression of the net interest margin, which management believes is a consistent issue facing banks across the country as well as increased expenses relating to the disposition of other real estate-owned and increased legal fees.
"As we continue to experience a stationary fed funds rate and hear uncertain news about the housing market, the yield on earning assets is expected to remain fairly flat or decrease slightly," said Robert A. Altieri, president and chief executive officer.
This forecast is based on the expectation that the fed funds rate will remain unchanged in 2007. "There will be increased competition for core deposits, which will likely cause an increase in our cost of funds. The seven basis point drop in the company's net interest margin is relatively small compared to ...
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...a 31 decrease. Carrollton Bancorp also announced a...earnings." In 2001, Carrollton Bancorp committed itself...commercial lending, and Carrollton Bancorp's balance sheet...reflect this focus. Total assets for the period ended...
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...the Company. Total assets for the Company...year earlier. Carrollton Bancorp is the parent...on average total assets 0.44% 0...equity to total assets -- -- Leverage...HIGHLIGHTS Carrollton Bancorp Year Ended...
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- Press release article from: PR Newswire April 17, 2006 700+ words
...move for the future of Carrollton Bancorp," Altieri continued. In 2001 Carrollton Bancorp committed itself to...commercial lending, and Carrollton Bancorp's balance sheet continues...continued to improve. Total assets for the period ended...
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- Press release article from: PR Newswire May 9, 2000 700+ words
...subsidiary. Total assets for the Company...year earlier. Carrollton Bancorp is the parent...equity to total assets 10.75% 10...regulations. CARROLLTON BANCORP ($000) March...385 14% Total Assets 377,490 303...
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- Press release article from: PR Newswire November 1, 1999 700+ words
...PRNewswire/ -- Carrollton Bancorp (Nasdaq...Company. Total assets for the Company...earlier. Carrollton Bancorp is the parent...HIGHLIGHTS Carrollton Bancorp Unaudited...Earning assets Total assets Total deposits...
- Carrollton Bancorp Reports a Fourth Quarter Loss, Net Income for the Year and...
- Press release article from: Business Wire February 6, 2009 700+ words
...BALTIMORE -- Carrollton Bancorp, (NASDAQ...The Company's total assets increased 15...preferred stock of Carrollton Bancorp with a 5% annual...February 13, 2009. Total assets for the year...or 6.78% of total assets compared to 10...847,000. ...
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- Press release article from: PR Newswire August 11, 2000 700+ words
...subsidiary and the one branch office. Total assets for the Company were $372.7...225.3 million a year earlier. Carrollton Bancorp is the parent company of Carrollton...Earning assets - Note 2 -- -- -- Total assets -- -- -- Total deposits...
- Carrollton Bancorp Reports 23% Increase in Second Quarter Earnings.
- Press release article from: PR Newswire July 22, 1999 700+ words
...PRNewswire/ -- Carrollton Bancorp (Nasdaq...Company. Total assets for the Company...earlier. Carrollton Bancorp is the parent...HIGHLIGHTS Carrollton Bancorp (Unaudited...599,949 16 Total assets 346,379...