Sandy Spring Bank

Details Sandy Spring Bank Sandy Spring Bank

www.sandyspringbank.com

Maryland

Montgomery

Olney

(SM) Commercial bank, state charter & Fed member

active

4865

1900

FDIC Certificate Number: 4865
FDIC's unique number: 3240
The FDIC Field Office where an institution is physically located: Baltimore

Federal Reserve ID Number: 506922
Report Date: 2011-06-30

Bank Charter Class: SM

Number of Domestic Offices: 44
Number of Foreign Offices: 0
The date of the last data update: 2007-07-17

1900-01-01 Institution established. Original name: Sandy Spring National Bank And Savings Association.
1972-06-30 Acquired Savings Institution Of Sandy Spring, Maryland in Sandy Spring, Maryland.
1972-06-30 Changed name to Sandy Spring National Bank And Savings Institution .
1986-07-01 Changed name to Sandy Spring National Bank Of Maryland .
1986-09-15 Moved bank headquarters from Sandy Spring, Maryland to Olney, Maryland.
1987-03-24 Changed trust powers from Trust Powers Not Granted to Full Trust Powers Granted.
1988-01-29 Reorganized.
1993-12-01 Acquired First Montgomery Bank Of Maryland in Gaithersburg, Maryland.
1996-08-29 Acquired Bank Of Annapolis in Annapolis, Maryland.
2001-09-21 Changed name to Sandy Spring Bank .
2001-09-21 Changed primary regulatory agency from Comptroller Of The Currency to Federal Reserve Board.
2001-09-21 Changed institution class to Insured Commercial Banks, State, Members Frs.
2007-02-16 Acquired Potomac Bank Of Virginia in Fairfax, Virginia.
2007-06-01 Acquired County National Bank in Glen Burnie, Maryland.

Total assets: $3,609,968,000
Total deposits: $2,665,507,000
Deposits held in domestic offices: $2,665,507,000
Equity capital: $414,818,000

Net income: $15,910,000

Return on Assets: 0.89
Return on Equity: 7.89
Last updated on: 2011-10-20

Bank Holding Company: Sandy Spring Bancorp, Inc.

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