Articles from Partners Bancorp

SALISBURY, Md., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Partners Bancorp (NASDAQ: PTRS) (the “Company”), the parent company of The Bank of Delmarva (“Delmarva”), Seaford, Delaware, and Virginia Partners Bank (“Virginia Partners”), Fredericksburg, Virginia, reported net income attributable to the Company of $4.5 million, or $0.25 per diluted share, for the three months ended September 30, 2023, a $429 thousand or 10.4% increase when compared to net income attributable to the Company of $4.1 million, or $0.23 per diluted share, for the same period in 2022. For the nine months ended September 30, 2023, the Company reported net income attributable to the Company of $11.6 million, or $0.65 per diluted share, a $2.2 million or 23.8% increase when compared to net income attributable to the Company of $9.4 million, or $0.52 per diluted share, for the same period in 2022.

SALISBURY, Md., July 31, 2023 (GLOBE NEWSWIRE) -- Partners Bancorp (NASDAQ: PTRS) (the “Company”), the parent company of The Bank of Delmarva (“Delmarva”), Seaford, Delaware, and Virginia Partners Bank (“Virginia Partners”), Fredericksburg, Virginia, reported net income attributable to the Company of $3.8 million, or $0.21 per diluted share, for the three months ended June 30, 2023, a $585 thousand or 18.4% increase when compared to net income attributable to the Company of $3.2 million, or $0.18 per diluted share, for the same period in 2022. For the six months ended June 30, 2023, the Company reported net income attributable to the Company of $7.1 million, or $0.39 per diluted share, a $1.8 million or 34.1% increase when compared to net income attributable to the Company of $5.3 million, or $0.29 per diluted share, for the same period in 2022.

SALISBURY, Md., May 01, 2023 (GLOBE NEWSWIRE) -- Partners Bancorp (NASDAQ: PTRS) (the “Company”), the parent company of The Bank of Delmarva (“Delmarva”), Seaford, Delaware, and Virginia Partners Bank (“Virginia Partners”), Fredericksburg, Virginia, reported net income attributable to the Company of $3.3 million, or $0.19 per diluted share, for the three months ended March 31, 2023, a $1.2 million or 57.9% increase when compared to net income attributable to the Company of $2.1 million, or $0.12 per diluted share, for the same period in 2022.

SALISBURY, Md., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Partners Bancorp (NASDAQ: PTRS) (the “Company”), the parent company of The Bank of Delmarva (“Delmarva”), Seaford, Delaware, and Virginia Partners Bank (“Virginia Partners”), Fredericksburg, Virginia, reported net income attributable to the Company of $4.2 million, or $0.23 per diluted share, for the three months ended December 31, 2022, a $2.8 million or 187.9% increase when compared to net income attributable to the Company of $1.5 million, or $0.08 per diluted share, for the same period in 2021. For the twelve months ended December 31, 2022, the Company reported net income attributable to the Company of $13.6 million, or $0.76 per diluted share, a $6.2 million or 83.7% increase when compared to net income attributable to the Company of $7.4 million, or $0.42 per diluted share, for the same period in 2021.

SALISBURY, Md., Dec. 08, 2022 (GLOBE NEWSWIRE) -- Partners Bancorp (NASDAQ: PTRS) (the “Company”), the parent company of The Bank of Delmarva, Seaford, Delaware, and Virginia Partners Bank, Fredericksburg, Virginia, announced that, as planned, John W. Breda has succeeded Lloyd B. Harrison, III as Chief Executive Officer of the Company (the “CEO Transition”). In addition, the Company announced that Mr. Harrison will serve as Senior Executive Vice President of the Company. In these executive roles, Mr. Breda and Mr. Harrison will work together on the Company’s review of all strategic alternatives available to the Company to enhance returns to shareholders and other special strategic projects.

SALISBURY, Md., Oct. 31, 2022 (GLOBE NEWSWIRE) -- Partners Bancorp (NASDAQ: PTRS) (the “Company”), the parent company of The Bank of Delmarva (“Delmarva”), Seaford, Delaware, and Virginia Partners Bank (“Virginia Partners”), Fredericksburg, Virginia, reported net income attributable to the Company of $4.1 million, or $0.23 per share, for the three months ended September 30, 2022, a $1.4 million or 52.5% increase when compared to net income attributable to the Company of $2.7 million, or $0.15 per share, for the same period in 2021. For the nine months ended September 30, 2022, the Company reported net income attributable to the Company of $9.4 million, or $0.52 per share, a $3.5 million or 58.0% increase when compared to net income attributable to the Company of $5.9 million, or $0.33 per share, for the same period in 2021.