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Private company

COMMUNITY FINANCIAL CORP /MD/

American state commercial bank, incorporated in Maryland1

In its 2023 annual report the company says: “The Company is a bank holding company organized in 1989 under the laws of the State of Maryland. It owns all the outstanding shares of capital stock of the Bank, a Maryland-chartered commercial bank. The Company engages in no significant activity other than holding the stock of the Bank and operating the business of the Bank.”64 It is headquartered in Waldorf, Maryland.1

Last updated Oct 21, 2026.

Overview

  • IndustryState Commercial Banks1
  • HeadquartersWaldorf, Maryland1
  • Incorporated inMD2
  • Business address3035 Leonardtown Rd, P O Box 38, Waldorf, Md 206012
  • Filer categoryNon-accelerated filer, Smaller reporting company2

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2018

20.4%Net margin3
15.9%Revenue growth, 20184
7.3%Return on equity5
0.13×Debt to equity3
$17.6MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2018

  • Other costs46¢$25.3M
  • Interest26¢$14.3M
  • Income tax8¢$4.2M
  • Profit20¢$11.2M

Out of $55.0M in revenue.43

Where each dollar of operating cash went, fiscal 2018

  • Capital spending9¢$1.8M
  • Dividends paid11¢$2.2M
  • Share buybacks0¢$70.0K
  • Kept or used elsewhere79¢$15.4M

Out of $19.4M of cash from operations.3

Financial statements

Revenue4$55.0M in 2018+16% since 2017
0$20.0M$40.0M$60.0M2017: $47.4M$47.4M20172018: $55.0M$55.0M2018+16%
Net income43$11.2M in 2018+53% since 2016
0$5.0M$10.0M$15.0M2016: $7.3M$7.3M20162017: $7.2M$7.2M2017−2%2018: $11.2M$11.2M2018+56%
Fiscal year201620172018
Revenue$47.4M4$55.0M4
Interest$8.1M4$10.2M3$14.3M3
Income before tax
Income tax$4.4M4$9.2M3$4.2M3
Net income$7.3M4$7.2M3$11.2M3
Earnings per share$1.594$1.563$2.023
Earnings per share (diluted)$1.594$1.563$2.023
Shares (weighted, basic)
Shares (weighted, diluted)

Compare COMMUNITY FINANCIAL CORP /MD/ with another company

Corporate structure

COMMUNITY FINANCIAL CORP /MD/ sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of COMMUNITY FINANCIAL CORP /MD/

  • Fourthstone LLC Filed SC 13G/A on COMMUNITY FINANCIAL CORP /MD/, latest Feb 14, 2022
  • COMMUNITY FINANCIAL CORP /MD/ Waldorf, Maryland

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What COMMUNITY FINANCIAL CORP /MD/ reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land$5.0M12 Dec 31, 2022$5.0M12 Dec 31, 20210%
Buildings and improvements$25.8M12 Dec 31, 2022$25.1M12 Dec 31, 2021+2.7%
Furniture and fixtures$11.0M12 Dec 31, 2022$10.2M12 Dec 31, 2021+8.4%
Property and equipment, before depreciation$41.8M12 Dec 31, 2022$40.4M12 Dec 31, 2021+3.7%
Accumulated depreciation$20.5M12 Dec 31, 2022$18.9M12 Dec 31, 2021+8.4%
Property and equipment, net$21.3M12 Dec 31, 2022$21.4M12 Dec 31, 2021−0.6%
Operating-lease assets (leased space)$5.9M12 Dec 31, 2022$6.1M12 Dec 31, 2021−3.3%

Investments

ItemLatestA year beforeChange
Debt securities available for sale$462.7M12 Dec 31, 2022$497.8M12 Dec 31, 2021−7.0%
Equity securities at fair value$4.3M12 Dec 31, 2022$4.8M12 Dec 31, 2021−10.2%
Loans, net of allowance$1.6B12 Jan 1, 2022$1.6B13 Dec 31, 2020−0.6%
Deposits held (banks)$2.1B12 Dec 31, 2022$2.1B12 Dec 31, 2021+1.6%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$10.8M12 Dec 31, 2022$10.8M12 Dec 31, 20210%
Finite-lived intangibles, net$634.0K12 Dec 31, 2022$1.0M13 Dec 31, 2021−38.6%

Leadership

Who has led COMMUNITY FINANCIAL CORP /MD/, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Michael L. Middleton2006–2015
  2. William J. Pasenelli2017–2021
  3. James M. Burke2023

Chair

  1. Michael L. Middleton2012–2016

President

  1. Michael L. Middleton2006–2012
  2. William J. Pasenelli2012–2021
  3. James M. Burke2022–2023

Chief financial officer

  1. William J. Pasenelli2007–2016
  2. Todd L. Capitani2018–2023

Chief operating officer

  1. C. Marie Brown2008
  2. Christy Lombardi2019–2023
2010201520202025
Board members and other officers (26)

Former names

  • TRI COUNTY FINANCIAL CORP /MD/May 15, 1996 to Oct 10, 20132

Timeline

  1. Jul 3, 20238-K Completed an acquisition or sale; Listing notice or transfer; Change to shareholders' rights47
  2. Jun 20, 20238-K Shareholder vote; Regulation FD disclosure48
  3. May 25, 20238-K Other events49
  4. Apr 26, 20238-K Results of operations50
  5. Mar 8, 2023New chief executive James M. Burke becomes CEO14
  6. Mar 7, 20238-K Other events51
  7. Feb 1, 20238-K Results of operations52
  8. Dec 14, 20228-K Entered a material agreement; Other events53
  9. Nov 7, 20228-K Regulation FD disclosure54
  10. Oct 25, 20228-K Results of operations55
  11. Sep 28, 20228-K Bylaws or fiscal year changed56
  12. Sep 2, 20228-K Executive or director change57
  13. Jul 25, 20228-K Results of operations58
  14. Feb 13, 2017New chief executive William J. Pasenelli becomes CEO15
  15. Mar 9, 2006New chief executive Michael L. Middleton becomes CEO16

Calendar

When it reported results

  1. Apr 26, 2023Reported quarterly or annual results50
  2. Feb 1, 2023Reported quarterly or annual results52
  3. Oct 25, 2022Reported quarterly or annual results55
  4. Jul 25, 2022Reported quarterly or annual results58
  5. Apr 28, 2022Reported quarterly or annual results59
  6. Jan 27, 2022Reported quarterly or annual results60
  7. Oct 25, 2021Reported quarterly or annual results61

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

125 filings to the SEC since October 2021: 3 annual reports, 5 quarterly reports, 21 major events, 81 insider forms, 1 large holders, 14 other. The latest 20:

  1. Jul 10, 202315-12G EDGAR
  2. Jul 3, 20234 EDGAR
  3. Jul 3, 20234 EDGAR
  4. Jul 3, 20234 EDGAR
  5. Jul 3, 20234 EDGAR
  6. Jul 3, 20234 EDGAR
  7. Jul 3, 20234 EDGAR
  8. Jul 3, 20234 EDGAR
  9. Jul 3, 20234 EDGAR
  10. Jul 3, 20234 EDGAR
  11. Jul 3, 20234 EDGAR
  12. Jul 3, 20234 EDGAR
  13. Jul 3, 20234 EDGAR
  14. Jul 3, 20234 EDGAR
  15. Jul 3, 20234 EDGAR
  16. Jul 3, 20234 EDGAR
  17. Jul 3, 20234 EDGAR
  18. Jul 3, 20234 EDGAR
  19. Jul 3, 20234 EDGAR
  20. Jul 3, 20234 EDGAR

The 125 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

7 open-market trades by officers, directors and large owners since October 2021: 6 buys and 1 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 12, 2023Sanders Edward Lawrence IIIDirectorBuy1,600$25.41$40.7KForm 4
May 12, 2023Chappelle John AnthonyBuy492$25.36$12.5KForm 4
May 12, 2023Capitani Todd LEVP & Chief Financial OfficerBuy150$24.99$3.7KForm 4
May 10, 2023Adams Michael BrianDirectorBuy2,000$25.82$51.6KForm 4
May 9, 2023Adams Michael BrianDirectorBuy860$25.90$22.3KForm 4
Mar 4, 2022Briscoe-Tonic KimberlyDirectorBuy950$40.69$38.7KForm 4
Feb 25, 2022DiMisa James FDirectorSale1,106$40.12$44.4KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How COMMUNITY FINANCIAL CORP /MD/ is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARCOMMUNITY FINANCIAL CORP /MD/1
  • CIK0000855874
  • Employer ID (EIN)52-16521381
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inMaryland1
  • Fiscal year endsDecember 311
  • Industry code (SIC)6022 State Commercial Banks1
  • Business address3035 Leonardtown Rd, P O Box 38, Waldorf, MD 206011
  • Mailing address3035 Leonardtown Road, Waldorf, MD 206011
  • Phone30164556011
  • Shares outstanding5,669,274 as of May 5, 20238
  • Public float$186.7M as of Jun 30, 202263
  • On EDGAR sinceMay 15, 19961
  • Filings1,027 in all: 4 (487), 8-K (197), 10-Q (81), SC 13G/A (56), DEF 14A (26), 10-K (24), 3 (22), DEFA14A (16)1
    All 46 form types

    4/A (15), ARS (11), SC 13G (8), EFFECT (6), UPLOAD (6), 10-K/A (5), 144 (5), 425 (5), CORRESP (5), S-8 POS (5), S-8 (4), 10-K405 (3), PRE 14A (3), S-3 (3), 10-Q/A (2), 424B3 (2), 424B5 (2), 5 (2), 8-K/A (2), D (2), FWP (2), REGDEX (2), S-4 (2), SC 13D (2), 15-12G (1), 25-NSE (1), 305B2 (1), 424B4 (1), 8-A12B (1), CERTNAS (1), DEFM14A (1), NT 10-K (1), S-1 (1), S-1/A (1), S-3D (1), S-3DPOS (1), S-4/A (1), SC 13D/A (1)

  • Latest filingsAnnual report (10-K) Mar 2, 2023
    Quarterly report (10-Q) May 9, 2023
    Proxy statement (DEF 14A) Apr 14, 2022
    Latest 8-K (8-K) Jul 3, 2023

Sources

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