Howard Bancorp, Inc. (HBMD)

13.44 +0.15 (+1.13%) At close: 4:00PM EST

Howard Bancorp, Inc.

3301 Boston Street
Baltimore, MD 21224
United States
410-750-0020
http://www.howardbank.com

Sector(s): Financial Services
Industry: Banks—Regional
Full Time Employees: 299

Key Executives

Name	Title	Pay	Exercised	Year Born
Ms. Mary Ann Scully	Chairman & CEO	705.1k	N/A	1951
Mr. Robert Dietrich Kunisch Jr.	Pres, COO & Director	505.61k	N/A	1968
Mr. Frank K. Turner Jr.	Exec. VP	328.06k	N/A	1956
Mr. Charles E. Schwabe	Exec. VP & Sec.	345k	N/A	1955
Mr. Robert L. Carpenter Jr.	Exec. VP, CFO & Principal Accounting Officer	N/A	N/A	1954
Mr. Steven M. Poynot	Exec. VP & Chief Information Officer	N/A	N/A	1979
Mr. Kevin Emerson	Sr. VP & Chief Human Resource Officer	N/A	N/A	N/A
Mr. Steven Drew McKone	Exec. VP & Chief Deposit Officer	N/A	N/A	1967
Mr. Thomas Jones	Exec. VP & Chief Credit Officer	N/A	N/A	1966

Amounts are as of December 31, 2019 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. Currency in USD.

Description

Howard Bancorp, Inc. operates as the bank holding company for Howard Bank that provides commercial banking, mortgage banking, and consumer finance products and services to businesses, business owners, professionals, and other consumers. The company offers various consumer and business deposit products, including demand, money market, savings, individual retirement, and commercial and retail checking accounts, as well as certificates of deposit. It also provides commercial loans, such as lines of credit, revolving credit facilities, accounts receivable and inventory financing, term loans, equipment loans, small business administration loans, stand-by letters of credit, and unsecured loans, as well as equipment lease services; commercial mortgage loans for owner occupied and investment properties; construction loans; residential mortgage loans; and secured and unsecured consumer loans. In addition, the company offers wire transfer services; automated teller machines and check cards; and safe deposit boxes, as well as credit cards through a third party processor. Further, it provides Internet banking, merchant card, overnight sweep, and remote deposit capture services; and online and mobile banking services. As of December 31, 2019, the company operated through a network of 16 full service branches, as well as eight mortgage and commercial lending offices located in Maryland. Howard Bancorp, Inc. was founded in 2004 and is headquartered in Baltimore, Maryland.

Corporate Governance

Howard Bancorp, Inc.’s ISS Governance QualityScore as of December 1, 2020 is 6. The pillar scores are Audit: 2; Board: 4; Shareholder Rights: 9; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.