Bailout Bank Bio: Patapsco Bancorp, Inc.

Jan 13, 2009 | 1 min read | Print Article

Patapsco Bancorp, Inc. is the holding company of The Patapsco Bank, with five full-service offices located in Dundalk, Parkville, Carney, Glen Arm and Baltimore City, Maryland. The company is headquartered in Dundalk, Maryland. Through the Treasury Department’s Capital Purchase Program, Patapsco Bancorp will receive $6 million in capital in exchange for the issuance of shares of preferred stock. Additionally, the Treasury will receive warrants to purchase additional shares of the company’s stock.

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Bailout Bank Bio: Patapsco Bancorp


Federal Equity Investment	$6 million
Total Revenue	$20.01 million
Net Income	$1.377 million
Number of Employees	71
Corporate Headquarters	Dundalk, Maryland
Business Sector	Financial
Officers and Directors	Dee, Michael, President, Chief Executive Officer, Director Ludwig, Douglas , Director Waters, William , Director Glaeser, Nicole , Director Bozel, Gary , Director Hoffman, J. Thomas , Director Wiedel, William , Chief Financial Officer, Senior Vice President of the Company and the Bank O'Neill, Thomas , Chairman of the Board of the Company and the Bank
Corporate Website	http://www.patapscobank.com/
Executive Compensation	Patapsco Bancorp