How profitable a bank is has an effect on its long-term survivability. Earnings may be retained by the bank, increasing its capital cushion, or be used to address problematic loans, potentially making the bank more resilient in tough times. Losses, on the other hand, reduce a bank's ability to do those things.
MARINERS BANK received above-average marks on Bankrate's test of earnings, achieving a score of 16 out of a possible 30.
One important measure of a bank's earnings is return on equity, or net income (essentially profit) divided by the total amount of equity. MARINERS BANK's most recent annualized quarterly return on equity was 7.84 percent, below the national average of 8.10 percent.
The bank recorded net income of $2.4 million on total equity of $32.0 million for the twelve months ended December 31, 2017. The bank reported an annualized return on average assets, or ROA, of 0.68 percent, below the 1 percent deemed satisfactory in accordance with industry standards and below the average for U.S. banks of 1.00 percent.