5,723Employees
$1.2 BTotal Annual Compensation & Benefits
$209,850Average Total Compensation & Benefits
4Banks Headquartered in State
Source: FDIC Call Report 2022Q4, Bureau of Labor Statistics 2022, ABA analysis
$4.4 BNew Home Loans Booked in 2022
6,848Number of New Home Loans in 2022
$565,000Median New Home Loan Size in 2022
$1.7 BSmall Business Loans
60.2 KNumber of Small Business Loans
$27,439Average Small Business Loan
$123.8 MSmall Farm Loans
2,276Number of Small Farm Loans
$54,373Average Small Farm Loan
M&T Bank stepped up to help customers in Maryland, Virginia and Washington, D.C. during the COVID-19 pandemic. DC Media Connection, a minority-owned media company located in the district, was among the small businesses the bank assisted with a PPP loan. The pandemic forced owner Angel Livas to restructure and reframe how her company was doing things. Angel called her banker at M&T who encouraged her to apply for a PPP loan. She qualified and within two weeks, Angel had the money to help her business move forward during the difficult time.
Source: FFIEC HMDA 2022, FFIEC CRA 2021, FDIC Call Report 2022Q4, ABA analysis
$68.7 BDeposits
32Banks Operating Branches
192Branches & Offices
157Branches Offering Low Fee Bank On-certified Accounts
At the onset of the COVID-19 pandemic, National Capital Bank stepped up to support small businesses in need. When Lisa Williams, founder of a Cap8 Doors and Hardware in Washington, DC, reached out to the bank for help, the bank stepped up to secure PPP funding to support her business.
Source: FDIC Summary of Deposits 2022Q2, CFE Fund, ABA analysis
