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Annapolis Bancorp Inc

 
Hoover's Profile: Annapolis Bancorp, Inc.
 
(NASDAQ (CM):ANNB)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Annapolis Bancorp, Inc.
1000 Bestgate Rd., Ste. 400
Annapolis, MD 21401
MD Tel. 410-224-4455
Toll Free 800-582-2651
Fax 410-224-3132

Type: Public
On the web: http://www.bankannapolis.com
Employees: 94
Employee growth: 4.4%

You don't have to attend "Canoe U" to bank with Annapolis Bancorp. It's the holding company for BankAnnapolis, which serves individual and small business customers through about 10 branches in and around the Maryland capital. The bank offers such retail services as checking, savings, and money market accounts; IRAs; and CDs. It also provides private business banking, including cash management and credit products. Its lending activities are comprised of commercial mortgages (about 30% of its total loan portfolio), one- to four-family real estate loans (more than 25%), business loans (some 20%), and to a lesser extent, construction and consumer loans.

Key numbers for fiscal year ending December, 2008:
Sales: $14.8M
One year growth: 8.1%
Net income: $1.4M
Income growth: (41.1%)

Officers:
Chairman, President, and CEO, Annapolis Bancorp and BankAnnapolis: Richard M. (Rick) Lerner
SVP and COO, BankAnnapolis: Patsy J. Houck
CFO and Treasurer; SVP, CFO, and Treasurer, BankAnnapolis: Edward J. Schneider

Competitors:
Bank of America
Glen Burnie Bancorp
Sandy Spring Bancorp

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