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Thursday, November 26, 2009, 6:55AM ET - U.S. Markets Closed for Thanksgiving Day. Dow Up 0.29% Nasdaq Up 0.32%
Bay National Corp. (BAYN)On Nov 25: 1.90  Up 0.10 (5.51%)  
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Bay National Corp.
2328 West Joppa Road
Lutherville Timonium, MD 21093
United States - Map
Phone: 410-494-2580
Web Site: http://www.baynational.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Mid-Atlantic Banks
Full Time Employees:54

BUSINESS SUMMARY 
Bay National Corporation operates as the holding company for Bay National Bank that offers banking products and services to small and medium-sized businesses, business owners and professionals, and high net worth individuals primarily in the Baltimore Metropolitan area, the Baltimore-Washington corridor, and Salisbury, Maryland. It offers commercial and retail checking, money market, individual retirement, and savings accounts, as well as certificates of deposit. The company also offers various commercial and industrial loans, such as working capital, equipment purchases, lines of credit, and government contract financing; commercial real estate loans comprising mortgage loans on nonresidential properties, and land development and construction loan financing, as well as first and second mortgage loans on commercially owned residential investment properties; residential mortgage loans and construction loans secured by residential property, including first and second mortgage loans on owner occupied and investment properties owned by individuals, and home equity loans secured by single-family owner-occupied residences; and consumer loans, such as automobile and personal loans, and personal lines of credit. In addition, it provides various cash management services, such as sweep accounts, repurchase agreements, commercial paper investments, account reconciliation, lockbox services, and wire transfer of funds for commercial customers. Further, the company offers telephone banking, ATM/debit cards, safe keeping boxes, after-hours deposit services, travelers checks, direct deposit of payroll, and automatic drafts for various accounts. As of December 31, 2008, it operated through a main office in Lutherville, Maryland; a branch office in Salisbury, Maryland; residential lending offices located in Salisbury and Baltimore, Maryland; and a residential mortgage lending office in Cambridge, Maryland. The company was founded in 2000 and is headquartered in Lutherville, Maryland.
Key Statistics

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    CORPORATE GOVERNANCE 
    Bay National Corp.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 58.7% of CGQ Universe companies and 44% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Hugh W. Mohler , 63
    Chairman, Chief Exec. Officer, Pres, Chairman of Bay National Bank, Chief Exec. Officer of Bay National Bank and Pres of Bay National Bank
    N/A N/A
    Mr. David E. Borowy , 50
    Chief Financial Officer, Principal Accounting Officer, Sr. VP, Sec., Chief Financial Officer of Bay National Bank and Sr. VP of Bay National Bank
    N/A N/A
    Mr. Warren F. Boutilier ,
    Sr. VP of Corp. Banking of Bay National Bank
    N/A N/A
    Mr. Robert W. Freeman ,
    Sr. VP of Bay National Bank
    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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