Severn Bancorp reports double-digit earnings increase

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Severn Bancorp, Inc., parent company of Severn Savings Bank, FSB, announced net income of $1.26 million, or $0.09 per diluted share for the third quarter of 2017. This is an increase of 19 percent over the third quarter of 2016 results of $1.06 million, or $0.04 per diluted share. Additionally, net income increased 28 percent ...

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