DELMAR BANCORP overview

SALISBURY, Md., Aug. 04, 2020 (GLOBE NEWSWIRE) -- Delmar Bancorp (NASDAQ: DBCP) (the “Company”), the parent company of The Bank of Delmarva (“Delmarva”), Seaford, Delaware, and Virginia Partners Bank (“Partners”), Fredericksburg, Virginia, today announced that its Board of Directors has approved changing the Company’s name to Partners Bancorp. The Company’s stock trading symbol will change to “PTRS” effective August 19, 2020. The Company’s common stock will continue to be...

SALISBURY, Md., July 28, 2020 (GLOBE NEWSWIRE) -- Delmar Bancorp (NASDAQ: DBCP) (the “Company” or “Delmar”), the parent company of The Bank of Delmarva (“Delmarva”), Seaford, Delaware, and Virginia Partners Bank (“Partners”), Fredericksburg, Virginia, reported net income of $1.0 million, or $0.06 per share, for the three months ended June 30, 2020, a $711 thousand or 40.6% decrease when compared to net income of $1.8 million, or $0.18 per share, for the same period in 2019. For...

SALISBURY, Md., June 25, 2020 (GLOBE NEWSWIRE) -- Delmar Bancorp (the “Company”) (NASDAQ: DBCP), a multi-bank holding company, today announced that it has completed a private placement of $17.8 million in fixed-to-floating rate subordinated notes due 2030 (the “Notes”). The Notes have been structured to qualify as Tier 2 capital under bank regulatory guidelines, and the proceeds from the sale of the Notes will be utilized for general corporate purposes, including investments in either of...