Hamilton Bancorp, Inc. (the “Company”) (Nasdaq: HBK) announced today that Carol L. Coughlin was appointed as the Lead Independent Director of the Hamilton Bancorp, Inc. Board of Directors. Ms. Coughlin has been a director of the Company since 2012, when the company went public, and has been a director of Hamilton Bank, the subsidiary of the Company, since 2010. She also serves as the Chair of the Risk and Audit Committee and as a member of the Compensation and Corporate Governance and Nominating Committees. Ms. Coughlin is the CEO of BottomLine Growth Strategies, Inc., a growth advisory services firm she founded in 2006 to help companies of various industries to grow profitably and sustainably. Ms. Coughlin has 27 years of financial leadership experience, including 18 years as CFO of high growth healthcare companies through successful turnarounds and mergers and acquisitions. Ms. Coughlin is a magna cum laude graduate of Loyola University of Maryland with a Masters in Business Administration and holds a bachelor of science in Business/Accounting from Towson University. She is a Certified Public Accountant and a Certified Exit Planning Advisor. Mr. DeAlmeida, the Company’s President and CEO stated, “Carol’s leadership and insights have been instrumental from the inception of the Company, and in her new role as Lead Independent Director, she will continue to provide guidance and oversight as we execute on our growth and profitability initiatives.” The Lead Independent Director will, among other responsibilities, facilitate discussions with and coordinate the activities of the Company's other independent directors, including having the authority to call executive sessions of the independent directors and set the agenda for and lead executive sessions of the independent directors. About Hamilton Bank Hamilton Bank is a federally-chartered savings bank that has served the banking needs of its customers since 1915. Hamilton Bank conducts business primarily from its four full service banking offices located in Baltimore City, Maryland and the Maryland counties of Baltimore and Anne Arundel.
This press release may contain statements relating to the future results of the Company (including certain projections and business trends) that are considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995). Forward-looking statements include statements regarding anticipated future events and can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as “believe,” “expect,” “anticipate,” “estimate,” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.” Forward-looking statements, by their nature, are subject to risks and uncertainties. Certain factors that could cause actual results to differ materially from expected results include increased competitive pressures, changes in the interest rate environment, general economic conditions or conditions within the securities markets, legislative and regulatory changes that could adversely affect the business in which Hamilton Bancorp, Inc. and Hamilton Bank are engaged, and other factors that may be described in the Company’s annual report on Form 10-K and quarterly reports on Form 10-Q as filed with the Securities and Exchange Commission. The forward-looking statements are made as of the date of this release, and, except as may be required by applicable law or regulation, the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements.