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Carrollton Bancorp (CRRB) announced Thursday that its chief financial officer had resigned from the company roughly 75 days after it hired him.
August 1 -
Carrollton Bancorp's main private-equity backer, Eric Hovde, the president and chief executive of the Hovde Private Equity Advisors, is joining its board.
October 2 -
Hovde Acquisitions, a Washington private equity firm, used a shelf charter to pick up the $282 million-asset Bay National Bank in Baltimore, which was closed by the Office of the Comptroller of the Currency and was one of four failures on Friday.
July 9 -
The $133 million-asset Jefferson Bancorp said Monday that it had acquired 10 branches from Carrollton that will operate under the Bay Bank name. The company has $480 million in assets and 22 branches around Baltimore.
April 22
Carrollton Bancorp in Lutherville, Md., is changing its name to Bay Bancorp.
The name change, which will be effective Nov. 1, is intended to align the name of the holding company with the name of the bank, the company said Monday. Carrollton was
"While operationally the merger is going well, there continues to be some confusion in the market given the significant difference between the name of the holding company and the name of the operating bank," Kevin Cashen, chief executive of the holding company, said in a news release. "To eliminate any confusion, we felt it was appropriate to better align the two names."
The company's ticker symbol on the Nasdaq will change to "BYBK" from its current"CRRB."
The Hovde Group entered the banking industry in 2010 through its
