Advertisement

Carroll Bancorp reports second quarter results

Carroll Bancorp Inc., the parent company of Carroll Community Bank, announced net income of $125,000, or $0.12 per diluted common share, for the quarter ended June 30, 2018. By comparison, the company recorded net income of $27,000, or $0.03 per diluted common share, for the quarter ended June 30, 2017. For the six months ended June 30, 2018, the company recorded net income of $183,000, or $0.17 per diluted common share, compared to net income of $153,000, or $0.15 per diluted common share, for the six months ended June 30, 2017.

Carroll Community Bank, originally founded in 1870, is a state-chartered commercial bank with branch offices in Eldersburg, Westminster and Bethesda, along with a lending office in Mount Airy.

Advertisement
Advertisement