First Montgomery Bank of Maryland

Status:Inactive as of 12/01/1993
 Merger - Without Assistance
Successor Bank:Sandy Spring Bank
Headquarters:First Montgomery Bank of Maryland
814 West Diamond Avenue
Gaithersburg, MD 20878
FDIC Insurance:03/14/1988
FDIC Cert:#27191
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$34,690,000
Total Deposits:$33,503,000


1988-03-14Institution established: Original name:First Montgomery Bank of Maryland
1993-12-01Merged into and subsequently operated as part of Sandy Spring National Bank of Maryland (4865) in OLNEY, MD
1996-08-29Acquired Bank of Annapolis (27519) in ANNAPOLIS, MD
2001-09-21Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2001-09-21Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2001-09-21Changed name to Sandy Spring Bank (4865)
2007-02-16Acquired Potomac Bank of Virginia (34807) in FAIRFAX, VA
2007-06-01Acquired County National Bank (34286) in GLEN BURNIE, MD
2012-06-01Acquired CommerceFirst Bank (35475) in ANNAPOLIS, MD
2018-01-01Acquired WashingtonFirst Bank (57696) in RESTON, VA
2020-04-01Acquired Revere Bank (58640) in ROCKVILLE, MD

Financial Information (1992-12-31 and Older)