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Monday, January 4, 2010, 11:23PM ET - U.S. Markets Closed. Dow Up 1.50% Nasdaq Up 1.73%
Severn Bancorp Inc. (SVBI)At 3:01PM ET: 2.46  Down 0.06 (2.38%)  
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Severn Bancorp Inc.
200 Westgate Circle
Suite 200
Annapolis, MD 21401
United States - Map
Phone: 410-260-2000
Fax: 410-841-6296
Web Site: http://www.severnbank.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Mid-Atlantic Banks
Full Time Employees:106

BUSINESS SUMMARY 
Severn Bancorp, Inc. operates as the holding company for Severn Savings Bank, FSB that offers retail and mortgage banking products and services in Maryland, Virginia, and Delaware. The company’s deposit products include checking, savings, money market, time deposit, and individual retirement accounts. It also provides mortgage loans, including residential, residential construction, commercial construction, home equity lines of credit, commercial real estate loans, multi-family loans, and land and residential building lot loans; and non-mortgage loans, such as consumer, business, and commercial loans. In addition, the company provides commercial real estate brokerage and property management services; and safe deposit boxes, automated teller machines, debit cards, and Internet and telephone banking services. As of December 31, 2008, it operated four full-service branch offices and one administrative office in Anne Arundel County, Maryland. The company was founded in 1946 and is headquartered in Annapolis, Maryland.
Key Statistics

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    CORPORATE GOVERNANCE 
    Severn Bancorp Inc.'s Corporate Governance Quotient (CGQ®) as of 3-Jan-10 is better than 15.6% of CGQ Universe companies and 5.4% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Alan J. Hyatt , 56
    Chairman, Chief Exec. Officer, Pres, Chairman of Severn Savings Bank and Pres of Severn Savings Bank
    N/A N/A
    Mr. Thomas G. Bevivino C.P.A., 54
    Chief Financial Officer, Principal Accounting Officer, Exec. VP, Sec., Treasurer, Chief Financial Officer of Severn Savings Bank, Principal Accounting Officer of Severn Savings Bank, Exec. VP of Severn Savings Bank, Sec. of Severn Savings Bank and Treasurer of Severn Savings Bank
    $ 219.00KN/A
    Mr. S. Scott Kirkley , 58
    Exec. VP, Director, Exec. VP of Severn Savings Bank of Severn Savings Bank
    N/A N/A
    Mr. Philip V. Jones Jr.,
    Chief Operating Officer and Exec. VP
    N/A N/A
    James Orazi ,
    Sr. VP of Mortgage Operations
    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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