Data / Bank failures / 2012 / Bank of the Eastern Shore
Bank of the Eastern Shore, Cambridge, MD: failed April 27, 2012
Bank of the Eastern Shore in Cambridge, Maryland, failed on April 27, 2012. It held $162.5 million in assets and $151 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $57.9 million (35.6% of its assets). By assets it was the 26th largest of 51 banks closed or assisted in 2012.
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The FDIC's record
- Closed
- April 27, 2012
- Type
- Failure
- How it was resolved
- Deposit Insurance National Bank: the FDIC ran a temporary bank to pay depositors
- Total assets
- $162,460,000
- Total deposits
- $150,951,000
- Estimated cost to the FDIC
- $57,855,740 (estimate as of July 31, 2026)
- Charter
- State member bank (Federal Reserve)
- Insurance fund
- DIF
- FDIC certificate
- 26759
Other bank failures in Maryland, 2010 to 2014
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| NBRS Financial Bank | Rising Sun | October 17, 2014 | $155.4 million | $151.6 million | $19.8 million | Howard Bank |
| Slavie Federal Savings Bank | Bel Air | May 30, 2014 | $140.1 million | $111.1 million | $11 million | Bay Bank, FSB |
| Harvest Bank of Maryland | Gaithersburg | April 27, 2012 | $163 million | $145.5 million | $26.7 million | Sonabank |
| K Bank | Randallstown | November 5, 2010 | $538.3 million | $500.1 million | $136.3 million | Manufacturers and Traders Trust Company |
| Bay National Bank | Baltimore | July 9, 2010 | $217.7 million | $212.6 million | $21.1 million | Bay Bank, FSB |
| Ideal Federal Savings Bank | Baltimore | July 9, 2010 | $6.2 million | $5.8 million | $3.7 million | |
| Waterfield Bank | Germantown | March 5, 2010 | $155.6 million | $156.2 million | $11.3 million |
All bank failures in 2012 · All bank failures in Maryland · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.