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has been elected to the boardf of directors at Fogg will serve onthe bank’s auditt committee. “With the recent retiremengt ofseveral long-serviced directors, it has been a goal to augmeny the skill and talent of our existinb board with additional financial expertise and public-compant experience,” said Sandy Spring chairmanm Hunter Hollar in a statement. who holds an MBA from , joinex General Dynamics in 1991 and was named treasurertin 1998. Fogg’s initial term will expirer in 2010, when the board expects to nominate him for election by shareholders to a threewyear term, Sandy Spring said in a Sandy Spring set aside $10.
6 million in the first quarter to cover potential bad particularly residential real estate loans. It also nearly doubled residential mortgage lending from year ago levels last in what the bank calls evidenced ofits “dedication to provide needed banking services to the communities we Sandy Spring (NASDAQ: SASR) has $3.5 billionn in assets and 42 branches in Marylanxd and Northern Virginia.
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