Mr. Albert W. Shields is Independent Director of Severn Bancorp Inc and Severn Savings Bank, FSB. Mr. Shields has over 35 years experience in the real estate and development industry, and currently provides independent consulting services to business executives. He served as senior vice president of Home Depot Inc. from 2003 through 2008. From 1986 to 2002, Mr. Shields was the chief executive officer of Floors, Inc. a flooring specialty company with thirteen centers located on the east coast. In 2002, the company was sold to Home Depot, Inc. Mr. Shields is a charter member of Heritage Charities and Maddy?s Day for the benefit of Lombardi Cancer Centers. Mr. Shields is currently the Chairman of the Corporationrationrate Governance Committee, and a member of the Company?s Audit and Examining Committee, and the Compensation Committee.
The company has return on total asset (ROA) of 0.43 % which means that it generated profit of $0.43 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of 3.46 % meaning that it created $3.46 on every $100 dollars invested by stockholders.
Severn Bancorp, Inc. operates as the holding company for Severn Savings Bank, FSB and SBI Mortgage Company that provide personal and commercial banking products, as well as residential and commercial mortgage lending solutions and services in Maryland, Delaware, and Virginia. Severn Bancorp Inc [SVBI] is traded on Nasdaq Capital Markets in USA. It is located in Annapolis, MD and employs 142 people. Filter other
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