Business Information
The group's principal activity is to provide savings and loan holding services. The depositary products consist of fixed-term certificates, regular savings, money market, individual retirement accounts and checking accounts. Loans offered include home equity, multi-family and commercial real estate loans, mortgage-backed securities, and construction and land loans. The group functions through three subsidiaries: Severn Savings Bank, FSB, Louis Hyatt, Inc., and SBI Mortgage Company. The primary area of operations is Anne Arundel county, Maryland where the group operates two full branches.
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Name |
Title
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Email
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| John Brooks | Chmn., CEO | Available | | Patrick Carman | Pres., COO - Service 1st Bank | Available | | Becky Stokes | Assist. VP, Executive Administrative Assistant | Available | | Brenda O'Reilly | Assist. VP, Branch Liaison Officer | Available | | Charlene Astorga | Assist. VP, Credit Specialist | Available
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Year |
Sales |
Net Income |
| 2006 | 13,532 | 847 | | 2005 | 9,166 | 1,423 | | 2004 | 7,167 | 1,414
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