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Click on individual bank names in the table below to access American Banker's coverage of each company's earnings report. Links to relevant coverage, filings, releases, and bank benchmark profile data can be found in the Related Links area of each article.
April 29
Sandy Spring Bancorp Inc. in Olney, Md., on Thursday reported an increase in profit due to its exit from the Troubled Asset Relief Program.
The $3.5 billion-asset company said its earnings rose 10.4% from the fourth quarter, to $7.3 million. Sandy Spring reported a loss of $699,000 a year earlier.
Sandy Spring's loan-loss provision fell 34.8% from the fourth quarter and 90% from a year earlier, to $1.5 million. Nonperforming assets made up 2.71% of assets at March 31, compared with 3.9% a year earlier.
