| Business Summary | | Columbia
Bancorp
is
a
bank
holding
company
for
the
Columbia
Bank
(the
Bank).
The
Bank,
which
was
organized
as
a
trust
company,
accounts
for
substantially
all
of
the
Company's
assets.
As
of
December
31,
2000,
the
Bank
had
a
total
of
23
branch
locations
in
Maryland,
with
nine
branch
locations
in
Howard
County,
four
branch
locations
in
Baltimore
County,
two
branch
locations
in
Baltimore
City,
five
branch
locations
in
Prince
George's
County
and
three
branch
locations
in
Montgomery
County.
The
Bank
also
has
mortgage
and
commercial
loan
origination
offices
in
Howard,
Baltimore,
Prince
George's
and
Montgomery
Counties.
As
of
December
31,
2000,
the
Company
had
total
assets
of
$812.7
million,
total
loans,
net
of
unearned
income,
of
$539.1
million,
total
deposits
of
$630.5
million
and
stockholders'
equity
of
$64.5
million.
On
March
8,
2000,
the
Company
completed
the
merger
of
Suburban
Bancshares,
Inc.
with
and
into
the
Company,
and
the
merger
of
Suburban
Bank
of
Maryland
with
and
into
the
Bank. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Columbia
Bancorp
is
a
bank
holding
company
for
the
Columbia
Bank,
with
23
locations
in
Maryland.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
12%
to
$30.7
million.
Net
interest
income
after
loan
loss
prov.
rose
6%
to
$16.7
million.
Net
income
totaled
$4.1
million,
up
from
$1.8
million.
Net
interest
income
reflects
growth
in
the
loan
portfolio,
partially
offset
by
an
increase
in
deposits.
Earnings
reflect
the
absence
of
$2.3
million
in
merger-related
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Winfield Kelly, Jr., 62 Chairman | -- | John Bond, Jr., 57 Pres,
CEO, Treasurer, Director | $345K | James Moxley, Jr., 70 Vice
Chairman | -- | John Scaldara, Jr., 37 Exec.
VP, CFO and Sec. and the Bank | 203K | Michael Galeone, 52 Exec.
VP of the Bank | 214K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|