Hamilton Bancorp in Towson, Md., has a new chairman.
The $285 million-asset company said in a press release Wednesday that Carol Coughlin will also chair the board of its banking unit, effective immediately.;
Coughlin has been a director of Hamilton Bank since 2010. She has also been a director of the holding company since it went public in 2012.
Coughlin is the founder of BottomLine Growth Strategies, a business consulting firm in the Baltimore area. She had been the company's lead independent director.
"As the new chair... Carol will continue to help lead and navigate the bank while we executive our future growth and profitability initiatives," Robert DeAlmeida, the company's president and chief executive, said in the release, while praising Coughlin's "forward-thinking" leadership style.
Hamilton has five branches around Baltimore, according to the Federal Deposit Insurance Corp.
Coughlin succeeded Russell Frome, who remains on the board.