Friday, March 2, 2018

Here's how much Howard Bank executives made after closing First Mariner deal

CEO Mary Ann Scully and other Howard Bancorp executives received bonuses totaling $950,000 after closing the acquisition of First Mariner Bank on Thursday. Following the closure of the $163.4 million deal, Howard Bank has assets of $2.1 billion, loans of $1.6 billion and deposits of $1.6 billion, based on year-end financial data from 2017. That makes Howard Bank the biggest bank headquartered in Baltimore. The transaction resulted in some big payouts for Howard Bank’s leadership, the company disclosed…



from https://www.bizjournals.com/baltimore/news/2018/03/02/heres-how-much-howard-bank-executives-made-after.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/171452191282

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