Baltimore Business Journals: Two Local Banks Miss November TARP Payment

Baltimore Business Journal —-

Four Maryland banks were among 123 across the country that missed a Nov. 15 deadline for paying preferred stock dividends to the U.S. Treasury Department under the TARP program, according to a report released Wednesday by SNL Financial.

The four Maryland banks that deferred the November dividend payment were Cecil Bancorp Inc., Harbor Bankshares Corp., Patapsco Bancorp Inc. and Rising Sun Bancorp, SNL said in its report.

Read more: Four Maryland banks miss TARP payments | Baltimore Business Journal

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