Severn Bancorp’s 2Q net income jumps 95 percent

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The second-quarter net income for Annapolis-based Severn Bancorp Inc. jumped 95 percent against same time period from a year ago, according to figures from an earnings report released Friday. The parent company of Severn Bank reported net income of $1.9 million for the three months ending June 30 against $982,000 for the same quarter in 2017. On a diluted ...

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