In Maryland, at least one community bank is working with the state's newly launched medical marijuana industry, offering growers and stores a way to avoid the security concerns and extra costs of a cash-only approach.

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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 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 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 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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Severn Bancorp Inc., of Annapolis, the parent company of Severn Savings Bank FSB, reported a fourth-quarter loss of $5.5 million, or 58 cents per share, the result of selling tens of millions of dollars worth of non-performing assets for less than their loan amounts.

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Severn Bancorp Inc., the parent company of Severn Savings Bank, reported first-quarter net income of $621,000, or 3 cents per diluted share, a 7.6 percent increase compared to net income of $577,000, or 2 cents per share, for the year-ago period.

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Severn Bancorp Inc., of Annapolis, the parent company of Severn Savings Bank, reported first-quarter net income of $472,000, or zero cents per share, compared to net income of $447,000, or zero cents per share, in the corresponding 2011 period, an ...

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