Tri-County Financial Corp. / TCFC
About Tri-County Financial Corp.
3035 Leonardtown Rd., Waldorf, Md. 20601
www.cbtc.com
| 301-645-5601
| Founded: 1950
Industry: Banking | Category: Banks
Founded in 1950, the Community Bank of Tri-County is the oldest independent financial institution based in Southern Maryland. The bank has 10 retail offices in the region; the newest branch, in Lusby, opened in January. In 2007, the bank's holding company, Tri-County Financial Corp., dissolved a wholly owned subsidiary it had created to hold and manage a portion of its investment portfolio.
2007 Financial Data
Net Income: $5,105,000Asssets: $598,406,000 | Earnings Per Share: $1.79
Stockholder Equity: $48,847,000 | Annual Dividend: $0.40
Total employees: 125 | Local employees: 125
Company Leadership
| C. Marie Brown | Chief Operating Officer, Executive Vice President and Director |
| Philip T. Goldstein | Director |
| Louis P. Jenkins | Director |
| Michael Middleton | Chairman, Chief Executive Officer and President |
| Herbert N. Redmond | Director |
| James R. Shepherd | Director |
| A. Joseph Slater | Director |
| H. Beaman Smith | Director |
| Joseph V. Stone | Director |
Source: Compensation data provided by Equilar, Inc..
Did You Know
GROWTH FUND: To help fund growth, Tri-County Financial issued 268,255 shares of stock in a private placement last year and raised $7 million.
