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Annapolis Bancorp repays remaining TARP funds
Annapolis Bancorp Inc. said it has repaid $4.07 million to the U.S. Treasury, wiping out the bank holding company's remaining obligation under the federal Troubled Asset Relief Program. TARP was created during the 2008 financial crisis to provide capital...
Tags: Finance, Annapolis
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Maryland's smaller banks may be headed for a wave of mergers
It's the billion-dollar question for Maryland banks: Do they need at least that much in assets to survive? "Who knows what the magic number is? A billion, $1.5 billion, $750 million?" said Ronald Paul, chairman of Eagle Bancorp, parent of the second-...Tags: Provident Bank, Finance, Annapolis, Banking, Eagle Bancorp Incorporated
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Ten Maryland banks remain in TARP, while Treasury winds down program
Delmar Bancorp has no regrets about taking a $9 million investment from the federal Troubled Asset Relief Program, even though some banks have rushed for the exit. "We did it as an abundance of caution," said Ed Thomas, president of the parent of Bank of...
Tags: Finance, Ellicott City, Cecil Bancorp Incorporated, Bank of America Corp., Annapolis
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Pa.-based F.N.B. Corp. to acquire Annapolis Bancorp
Annapolis Bancorp Inc., the parent company of BankAnnapolis, has agreed to be acquired by Pennsylvania-based F.N.B. Corp. in a deal valued at $51 million. Under the deal announced Monday, F.N.B. will gain $437 million in assets and eight offices in...Tags: Annapolis
Mar 7, 2013
|Story| Baltimore Sun
Dec 7, 2012
|Story| Baltimore Sun
Nov 16, 2012
|Story| Baltimore Sun
Oct 24, 2012
|Story| Baltimore Sun
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