Shares of Severn Bancorp Inc. fell Tuesday after the Annapolis, Md., company announced that it has come under more regulatory scrutiny.

The $996 million-asset Severn, which is well capitalized, said the Office of Thrift Supervision entered into supervisory agreements with the company and its thrift unit because of findings in a March exam.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.