25,300Employees
$3.5 BTotal Annual Compensation & Benefits
$138,366Average Total Compensation & Benefits
30Banks Headquartered in State
Source: FDIC Call Report 2023Q4, Bureau of Labor Statistics 2023, ABA analysis
$21.6 BNew Home Loans Booked in 2023
52,139Number of New Home Loans in 2023
$375,000Median New Home Loan Size in 2023
$10.2 BSmall Business Loans
485.8 KNumber of Small Business Loans
$20,954Average Small Business Loan
$1.2 BSmall Farm Loans
20,706Number of Small Farm Loans
$58,810Average Small Farm Loan
Source: FFIEC HMDA 2023, FFIEC CRA 2023, FDIC Call Report 2023Q4, ABA analysis
$194 BDeposits
77Banks Operating Branches
1,167Branches & Offices
949Branches Offering Low Fee Bank On-certified Accounts
In 2023, Forbright Bank and the Black Student Fund hosted the first-ever Sustainable Solutions Summit, a week-long event where local Greater Washington high school students collaborated with leading sustainability experts to create a business plan to help solve local environmental issues.
Source: FDIC Summary of Deposits 2023Q4, CFE Fund, ABA analysis
