First Shore Federal Savings and Loan Association: how it compares with its peers
Against 8 MD banks with half to twice its assets, First Shore Federal Savings and Loan Association's strongest measure in Q2 2026 is return on assets (0.77% vs. a 0.99% peer median). Its weakest relative measure is assets per employee ($5.1M vs. $7.2M).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.77% | 0.99% | Middle third Ahead of 38% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.45% | 3.89% | Middle third Ahead of 38% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 69.08% | 63.70% | Middle third Ahead of 38% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.1M | $7.2M | Bottom third Ahead of 0% of peers |
| Loans to deposits Net loans and leases over total deposits. | 93.42% | 79.60% | Context |
What it means for lending operations
Its efficiency ratio of 69.08% is above the 63.70% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- The Harbor Bank of Maryland Baltimore, MD · $383M
- The Bank of Glen Burnie Glen Burnie, MD · $395M
- Eastern Savings Bank, FSB Hunt Valley, MD · $336M
- Woodsboro Bank Woodsboro, MD · $483M
- Arundel Bank Glen Burnie, MD · $492M
- The Farmers Bank of Willards Willards, MD · $548M
Questions about First Shore Federal Savings and Loan Association
How big is First Shore Federal Savings and Loan Association?
First Shore Federal Savings and Loan Association, established in 1953, is headquartered in Salisbury, MD. It reported $367M in total assets in its Q2 2026 FDIC call report and operates 7 offices.
What is First Shore Federal Savings and Loan Association's return on assets?
0.77% annualized in Q2 2026, against a 0.99% median for 8 MD banks with half to twice its assets, ahead of 38% of them.
What is First Shore Federal Savings and Loan Association's efficiency ratio?
69.08% in Q2 2026: it spent about 69 cents in noninterest expense for each dollar of revenue. The peer median is 63.70%, and lower is better.
Is First Shore Federal Savings and Loan Association growing its loans?
Net loans grew 0.2% over the year to Q2 2026, while deposits grew 0.7%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are MD banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Maryland bank ranked.