Question 1

Which Maryland banks have the most non-performing multifamily real estate?

Accepted Answer

1. CFG BANK (MD) — 27.58% NPL; 2. EAGLEBANK (MD) — 1.30% NPL; 3. HARBOR BANK OF MARYLAND, THE (MD) — 1.22% NPL; 4. CAPITAL BANK, NATIONAL ASSOCIATION (MD) — 0.27% NPL; 5. SHORE UNITED BANK, NATIONAL ASSOCIATION (MD) — 0.02% NPL

Question 2

How large is the multifamily real estate market for Maryland banks?

Accepted Answer

As of Q2 2025, 28 Maryland banks report multifamily real estate portfolios totaling $2.5B. Non-performing loans in this category total $165.7M — an average NPL ratio of 6.63% — with $54.3M 30-89 days delinquent, $22.9M 90+ days delinquent, and $142.8M in nonaccrual status.

Maryland Multifamily Real Estate

Delinquency Breakdown

Banks by NPL Ratio

Top Distressed Banks - Multifamily Real Estate in Maryland

Multifamily Real Estate in Other States

BankProspector

Platform

Company

Legal

Bank Name	State	Portfolio	NPL	NPL %
CFG BANK	MD	$548.0M	$151.1M	27.58%
EAGLEBANK	MD	$1.1B	$13.8M	1.30%
HARBOR BANK OF MARYLAND, THE	MD	$18.5M	$226K	1.22%
CAPITAL BANK, NATIONAL ASSOCIATION	MD	$178.6M	$477K	0.27%
SHORE UNITED BANK, NATIONAL ASSOCIATION	MD	$265.9M	$57K	0.02%