bay bank
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Old Line Bank has completed its acquisition of Bay Bank as their parent companies merged to create the third largest bank based in the state. -
- The parents of Old Line Bank and Bay Bank have agreed to merge in a $128.6 million deal that will create Maryland’s third largest independent bank.
- The Columbia-based parent company of Bay Bank reported per-share earnings rose 40 percent to 7 cents, up from 5 cents the October-to-December period the previous year.
- A former local bank executive pleaded guilty Wednesday to embezzling $1.8 million from the bank's customers, some of whom were elderly.
- Bay Bancorp Inc., the Columbia-based parent company of Bay Bank, has finalized acquisition of Hopkins Bancorp Inc., giving it a total of $650 million in assets.
- Bay Bancorp Inc., the parent company of Columbia-based Bay Bank, has received regulatory approval to acquire Hopkins Bancorp Inc. and expects to finalize the deal in July.
- Bay Bank, which grew out of a bank failure in 2010, is now poised to become one of the biggest banks based in the Baltimore region with its third acquisition.
- Across the Baltimore region in recent years, small banks have been buying up teeny banks. Old thrifts have been absorbing the last bits and pieces of banks that have failed.
- Bay Bank announced Wednesday it has moved its corporate headquarters from Lutherville to Columbia in a move intended to grow its business in the Baltimore-Washington corridor.
- After a busy year for Lutherville-based Bay Bank, FSB, its newly-installed president said this month he wants to keep growing the community bank and reach a $100 million market capitalization.
- Bay Bancorp, Inc. lost nearly $1 million in the third quarter as it absorbed the assets and deposits of Slavie Federal Savings Bank after that bank's failure.
