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Home > Company Index > Banking > Banking - Mid-Atlantic > Abigail Adams National Bancorp, Inc.

Abigail Adams National Bancorp, Inc.
Nasdaq: AANB
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 PROFILE
Abigail Adams National Bancorp is the holding company for The Adams National Bank, which was founded in 1977 as the first federally chartered bank owned and operated by women and now serves individuals and small to midsized businesses through five branches in Washington, D.C. The bank offers standard retail services like checking, savings, money market, individual retirement, and NOW accounts. Commercial real estate and business loans make up about 75% of the bank's portfolio, which also includes residential mortgage, construction, and installment loans. Champion Industries CEO Marshall Reynolds and wife Shirley own over 20% of the bank.

 COMPETITION
Chevy Chase Bank, F.S.B. (dossier)
Independence Federal Savings Bank (IFSB)
Riggs National Corporation (RIGS)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 14.40
1-Yr. Sales Growth: 18.0%
Employees: 53
Revenue per employee: $271,698.11

 KEY PEOPLE
• Jeanne D. Hubbard
    CEO
• Karen E. Schafke
    CFO

 CONTACT INFO
1627 K St. NW
Washington, DC 20006
US
Phone: 202-466-4090
Fax: 202-833-8875
Online: Web Site

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