Calvin B. Taylor Bankshares, Inc. Reports Net Charge Offs for the Fourth Quarter Ended December 31, 2021
February 21, 2022 at 08:00 am EST
Share
Calvin B. Taylor Bankshares, Inc. reported net charge offs for the fourth quarter ended December 31, 2021. For the quarter, the company reported net charge offs of $11,000 as compared to $16,000 recognized in the fourth quarter of 2020 and were primarily related to overdraft deposit accounts.
Calvin B. Taylor Bankshares, Inc. is the bank holding company for Calvin B. Taylor Banking Company of Berlin, Maryland (the Bank). The Bank is a full-service commercial bank which offers a range of loan, deposit, and ancillary banking services through both physical and digital delivery channels. The Bank's personal banking services include checking, savings, mortgages, additional loans, certificate of deposits, money market, digital banking, mobile deposits, and others. The Banks's business banking services include checking, savings, business loans, lines of credit, online banking, mobile banking, money market, IntraFi Network Deposits, and Health Savings Accounts, among others. The Bank also provides debit cards, electronic statements, bank by phone, and automatic teller machines (ATMs). The Company has 12 banking locations within the eastern coastal area of the Delmarva Peninsula including Worcester County, Maryland, Sussex County, Delaware and Accomack County, Virginia.
CALVIN B. TAYLOR BANKSHARES, INC. 
