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Sandy Spring Bancorp Inc

 
Hoover's Profile: Sandy Spring Bancorp, Inc.
(NASDAQ (GS):SASR)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Sandy Spring Bancorp, Inc.
17801 Georgia Ave.
Olney, MD 20832
MD Tel. 301-774-6400
Toll Free 800-399-5919
Fax 301-260-0044

Type: Public
On the web: http://www.sandyspringbank.com
Employees: 717
Employee growth: (4.3%)

Sandy Spring Bancorp is the holding company for Sandy Spring Bank, which operates more than 40 branches in the Baltimore and Washington, DC, metropolitan areas. The bank provides standard deposit services, including checking and savings accounts, money market accounts, and certificates of deposit. Its loan portfolio includes a mix of commercial and residential mortgages (about 30% and 20%, respectively, of total loans and leases), as well as consumer, construction, and business loans. The company also offers personal investing services, wealth management, trust services, and retirement planning.

Key numbers for fiscal year ending December, 2008:
Sales: $154.7M
One year growth: 3.7%
Net income: $15.8M
Income growth: (51.1%)

Officers:
Chairman, Sandy Spring Bancorp and Sandy Spring Bank: Hunter R. Hollar
Vice Chairman, Sandy Spring Bancorp and Sandy Spring Bank: Robert L. Orndorff Jr.
President, CEO, and Director, Sandy Spring Bancorp and Sandy Spring Bank: Daniel J. (Dan) Schrider

Competitors:
Chevy Chase Bank
PNC Financial
SunTrust

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