WSB: Profile for WSB Holdings, Inc.

WSB Holdings, Inc.
4201 Mitchellville Road
Suite 300
Bowie, MD 20716
United States - Map
Phone: 301-352-3120
Fax: 301-870-7891
Web Site: http://www.twsb.com

DETAILS

Index Membership:	N/A
Sector:	Financial
Industry:	Savings & Loans
Full Time Employees:	104

BUSINESS SUMMARY

WSB Holdings, Inc. operates as the bank holding company for The Washington Savings Bank, F.S.B. that provides various banking and financial products and services in the Washington D.C., Baltimore, northern Virginia, and surrounding metropolitan areas in the United States. It primarily engages in attracting deposit accounts from the general public and using such funds to make first and second mortgage loans, land acquisition and development loans, commercial loans, construction loans, consumer loans, and nonresidential mortgage loans. The companys deposit products include savings accounts, NOW accounts, checking accounts, and time deposits. As of December 31, 2008, it operated five savings branches in Bowie, Waldorf, Crofton, Millersville, and Odenton in Maryland. In addition, the company involves in developing single family residential lots, maintaining and managing an investment portfolio, and building homes on certain lots on a contract basis. It primarily serves middle income individuals, and small and middle income businesses. The company was founded in 1982 and is headquartered in Bowie, Maryland.

Key Statistics

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CORPORATE GOVERNANCE

WSB Holdings, Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 18.1% of CGQ Universe companies and 7.2% of Banks companies.

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KEY EXECUTIVES

	Pay	Exercised
Mr. Phillip C. Bowman , 61 Chief Exec. Officer, Director and Chief Exec. Officer of The Washington Savings Bank F S B	$ 292.00K	N/A
Mr. Kevin P. Huffman , 48 Pres, Chief Operating Officer, Director and Pres of The Washington Savings Bank F S B	$ 166.00K	N/A
Ms. Susan L. Grant , 56 Sr. VP of Mortgage Banking - Washington Savings Bank FSB	$ 110.00K	N/A
Ms. Carol A. Ramey , 49 Chief Financial Officer, Principal Accounting Officer, Sr. VP and Controller	N/A	N/A
Mr. John F. Motzer , 68 Sr. VP	N/A	N/A

Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.

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