Vmbook Online ordering

Regional Midwest Banks

DCB Financial Corp (DCBF) is a bank holding company for Delmarva Community Bank that provides a range of financial services to individuals, businesses, and municipalities in Delaware and on the Eastern Shore of Maryland. The company's primary source of revenue is derived from interest on loans and securities, as well as service charges and fees.

As of their most recent 10-K filing with the SEC (fiscal year ended December 31, 2020), DCBF had total assets of $603 million, total loans of $489 million, and total deposits of $529 million. The company's net interest margin (NIM) for 2020 was 3.32%, which is a decline from the previous year's NIM of 3.52%.

DCB Financial Corp's earnings have been somewhat volatile in recent years. In 2020, the company reported net income of $5.1 million, down from $6.4 million in 2019. However, it is important to note that 2019's results included a one-time benefit of $1.2 million related to a legal settlement. Excluding this item, 2019's net income would have been $5.2 million, which is relatively in line with 2020's result.

The company has been experiencing steady growth in total assets and loans. Total assets have grown at a compound annual growth rate (CAGR) of 8.2% over the past five years, while total loans have grown at a CAGR of 6.4% over the same period.

However, it is important to note that the company's performance is subject to the overall economic conditions, particularly in their operating areas, and regulatory requirements.

Please note that this information may be outdated and it is recommended to consult the latest financial statements and filings of DCB Financial Corp for the most up-to-date information.