Middletown Valley Bank, Financial Information

Terms and Definitions

• Domestic deposits

  The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
• Equity capital

  Total equity capital (includes preferred and common stock, surplus and undivided profits).
• ROA

  Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
• ROE

  Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Since 1908, Middletown Valley Bank has been the cornerstone for its customers’ financial planning, residents and businesses alike. On February 24, 1978, the Board of Directors voted to purchase 60,000 square feet of property at the proposed Middletown Valley Center, and on June 16, 1980, the Middletown branch opened for business. The branch has since been expanded to include five drive-up windows and an ATM.

On November 17, 1987, MVB acquired the Jefferson branch from Maryland National Bank with total assets of $9,000,000. In July of 1992, the bank held a grand opening for the new building complete with four drive-up windows and ATM. In 1998, the bank purchased property on Ventrie Court in Myersville. The facility has five drive-up windows and an ATM.

Today, Middletown Valley Bank is proud to be an independent bank and a part of the Middletown, Jefferson, Myersville, Boonsboro, and surrounding communities.

Middletown Valley Bank
24 West Main Street
Middletown, MD 21769
P.O. Box 75
301-371-6700

Middletown Branch
803 East Main Street
Middletown, MD 21769 Jefferson Branch
3848 Jefferson Pike
Jefferson MD 21755
301-473-8660

Myersville Branch
3001 Ventrie Court
Myersville, MD 21773
301-293-3400

Boonsboro Branch
6721 Old National Pike
Boonsboro, MD 21713
301-432-3925