BayVanguard Bank
Baltimore, Maryland, Baltimore County
$869M in total assets, the 1,199th largest of 4,309 US banks and 12th of 27 headquartered in Maryland.
- FDIC certificate
- 32527
- Established
- 1873
- Owned by
- Bv Financial Inc
- Primary regulator
- FDIC
- Website
- www.bayvanguard.com
At a glance
Compared with 15 banks headquartered in Maryland with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $869M | 93% | $483M | |
| Loans | $710M | 98% | $344M | |
| Deposits | $689M | 80% | $373M | |
| Return on assets | 1.53% | 80% | 0.93% | |
| Net interest margin | 4.45% | 73% | 3.55% | |
| Efficiency ratio | 66.0% | 60% | 63.0% | |
| Equity to assets | 18.72% | 93% | 10.99% | |
| Loans to deposits | 103% | 87% | 85% |
Growth
Total assets grew 1.6% a year over the last 5 years and 17.8% a year over 10 years, including 4 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Jan 2022 | North Arundel Savings Bank Pasadena, MD | $45M |
| Oct 2020 | 1880 Bank Cambridge, MD | $403M |
| Feb 2020 | Madison Bank of Maryland Forest Hill, MD | $139M |
| Feb 2019 | Kopernik Bank Baltimore, MD | $145M |
| May 2013 | Vigilant Federal Savings Bank Baltimore, MD | $49M |
| Apr 1996 | Vanguard Savings and Loan Association Baltimore, MD | $28M |
| Jun 1990 | Weekly Savings and Loan Association Baltimore, MD | $5M |
Where they operate
12 branches in 6 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Baltimore County, MD | $229M | 0.8% | 14 of 25 |
| Dorchester County, MD | $198M | 28.7% | 1 of 7 |
| Talbot County, MD | $102M | 5.0% | 6 of 8 |
| Baltimore City County, MD | $70M | 0.2% | 11 of 19 |
| Anne Arundel County, MD | $58M | 0.4% | 21 of 25 |
| Harford County, MD | $33M | 0.6% | 12 of 13 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 7 branches since 2016 (5 to 12, +140.0%). 0 opened, 13 acquired, 6 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 5 | |||
| 2016 | Closed Edgemere | 0 | 1 | −1 | 4 |
| 2019 | Acquired Kopernik Bank | 3 | 0 | +3 | 7 |
| 2020 | Acquired 1880 Bank and Madison Bank of Maryland | 9 | 0 | +9 | 16 |
| 2022 | Acquired North Arundel Savings BankClosed Baltimore and Pasadena | 1 | 2 | −1 | 15 |
| 2024 | Closed Aberdeen | 0 | 1 | −1 | 14 |
| 2025 | Closed Baltimore and Oxford | 0 | 2 | −2 | 12 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 49% | 34% | |
| 1-4 family residential | 35% | 45% | |
| Multifamily | 5% | 3% | |
| Construction and land | 4% | 6% | |
| Business (C&I) | 2% | 6% | |
| Consumer | 2% | 4% | |
| Farmland | 1% | 2% | |
| Other | 1% | 0% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 49% | 43% | |
| Time deposits | 30% | 34% | |
| Noninterest-bearing | 21% | 23% |
Brokered deposits are 7.3% of deposits (peers 4.0%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.48% | 0.44% |
| Net charge-offs, annualized | -0.01% | 0.00% |
| Reserves to loans | 0.87% | 1.17% |
| Leverage ratio | 17.13% | 11.65% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Maryland
Largest competitors in Baltimore County, MD
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/bayvanguard