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Tag Archives: severn bancorp

Severn Bancorp bounces back in quarter

Severn Bancorp Inc., parent company of Severn Savings Bank FSB, rebounded with a profit in the fourth quarter. Severn’s net income for the quarter ended Dec. 31 was $1.55 million, or 10 cents per share, compared with a net loss ...

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Severn Bancorp has positive quarter

Severn Bancorp Inc., parent company of Severn Savings Bank FSB, reported net income of about $1.1 million, or 5 cents per share for the third quarter of 2014, compared with a net loss of $20.5 million ($2.08 per share) in ...

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Severn Savings Bank’s earnings rise in 2Q

Severn Bancorp Inc., parent company of Annapolis-based Severn Savings Bank, said its net income for the second quarter of 2014 rose approximately 255 percent over its net income for the comparable period in 2013.

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Severn Bancorp boosts earnings in 1Q

Severn Bancorp Inc., of Annapolis, the parent company of Severn Savings Bank, reported first-quarter net income of $867,000, or 3 cents per diluted share, a nearly 40 percent increase compared to net income of $621,000, or 3 cents per diluted share, for the prior-year period.

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