This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

First National Bank Finalizes Expansion Into Maryland

Stocks in this article: ANNB FNB

HERMITAGE, Pa. and ANNAPOLIS, Md., April 8, 2013 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB), parent company of First National Bank of Pennsylvania, today announced that on April 6, 2013, it completed its merger with Annapolis Bancorp, Inc. (ANNB), parent company of BankAnnapolis.  As a result of the merger, First National Bank acquired eight branches in Anne Arundel and Queen Anne's Counties in Maryland.  Prior to completing the merger, FNB obtained all required legal and regulatory approvals, and the ANNB shareholders approved the transaction. Shares of Annapolis Bancorp will no longer be traded on the NASDAQ stock exchange.

All customers now have access to the full range of First National Bank products and services, including retail and commercial banking services, wealth management, leasing, insurance and a complete suite of online and mobile banking options.  Customers can conduct their banking at any of First National Bank's more than 250 banking offices in Pennsylvania, Ohio, West Virginia and Maryland.

Vincent J. Delie, Jr., President and CEO of F.N.B. Corporation, commented, "We look forward to serving our newest clients in Annapolis, as well as delivering our expanded products and services in the surrounding metropolitan areas, including Baltimore." 

Richard M. Lerner, who served as Chairman and CEO of Annapolis Bancorp, Inc., will remain with First National Bank to provide transitional support as Chairman of the newly established Maryland Region.  J. MacGregor (Mac) Tisdale will serve as Market Executive and President of First National Bank's Maryland Region.  In addition to managing the integration of sales by retail banking, commercial banking, wealth management and insurance professionals, Tisdale will also develop business opportunities in the high-growth commercial markets surrounding Annapolis.  

Based on recent commercial client feedback, First National Bank was recognized as winner of six 2012 Greenwich Excellence in Banking awards, including National Winner for Overall Client Satisfaction in Small Business and Middle Market Banking.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,356.87 +288.00 1.69%
S&P 500 2,012.89 +40.15 2.04%
NASDAQ 4,644.3120 +96.4780 2.12%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs