Partners Bancorp operates as the holding company for the Bank of Delmarva that provides financial services to individual and corporate customers in the United States. It offers checking, money market, checking, savings, cash management, NOW, and IRA accounts, as well as time deposits; and remote deposit capture and mobile deposit services. The company also provides lines of credit; commercial real estate loans; small business administration loans; term loans; business credit cards; mobile home, boat, RV, and motorcycle loans; purchase and refinance mortgage loans; bridge loans; equipment loans; letters of credit; home equity loans; US department of agriculture loans; new and used car loans; unsecured consumer loans; construction/permanent mortgage loans; and lot loans. In addition, it offers phone and mobile banking; ATM/debit cards; Internet banking and online bill payment services; merchant services; cash advance services; and automated teller machine services. The company operates through approximately 14 branches. The company was formerly known as Delmar Bancorp and changed its name to Partners Bancorp in August 2020. Partners Bancorp was founded in 1896 and is based in Salisbury, Maryland.
IPO Year:
Exchange: NASDAQ
Website: bankofdelmarvahb.com
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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
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
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. As previously disclosed, on February 22, 2023, the Company and LINKBANCORP, Inc. ("LINK") (NASDAQ:LNKB), parent company of LINKBANK, announced that t
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
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
SALISBURY, Md., Aug. 01, 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 $3.2 million, or $0.18 per share, for the three months ended June 30, 2022, a $1.0 million or 47.0% increase when compared to net income attributable to the Company of $2.2 million, or $0.12 per share, for the same period in 2021. For the six months ended June 30, 2022, the Company reported net income attributable to the Company of $5.3 million, or $0.29 per share, a $2.0 million or 62.6% incre
SALISBURY, Md., May 03, 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 $2.1 million, or $0.12 per share, for the three months ended March 31, 2022, a $1.0 million or 93.5% increase when compared to net income attributable to the Company of $1.1 million, or $0.06 per share, for the same period in 2021. As previously disclosed, on November 4, 2021, the Company and OceanFirst Financial Corp. ("OceanFirst") announced that they have entered into a definitiv
SALISBURY, Md., March 08, 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 $1.5 million, or $0.08 per share, for the three months ended December 31, 2021, a $351 thousand or 31.6% increase when compared to net income attributable to the Company of $1.1 million, or $0.06 per share, for the same period in 2020. For the twelve months ended December 31, 2021, the Company reported net income attributable to the Company of $7.4 million, or $0.42 per share, a $1.7 million o
SALISBURY, Md., Nov. 04, 2021 (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 $2.7 million, or $0.15 per share, for the three months ended September 30, 2021, a $1.6 million or 141.1% increase when compared to net income attributable to the Company of $1.1 million, or $0.06 per share, for the same period in 2020. For the nine months ended September 30, 2021, the Company reported net income attributable to the Company of $5.9 million, or $0.33 per share, a $1.4 million or
RED BANK, N.J. and SALISBURY, Md., Nov. 04, 2021 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC) ("OceanFirst"), parent company of OceanFirst Bank N.A. ("OceanFirst Bank"), and Partners Bancorp (NASDAQ:PTRS) ("Partners"), parent company of The Bank of Delmarva (and its division, Liberty Bell Bank), headquartered in Seaford, Delaware, and Virginia Partners Bank (and its division Maryland Partners Bank), headquartered in Fredericksburg, Virginia, jointly announced today that they have entered into a definitive agreement and plan of merger pursuant to which Partners will merge into OceanFirst, with OceanFirst surviving. Upon completion of the Partners merger, The Bank of Delmarva
CAMP HILL, Pa., Dec. 1, 2023 /PRNewswire/ -- Andrew Samuel, Chief Executive Officer of LINKBANCORP, Inc. ("LINK") (NASDAQ:LNKB), parent company of LINKBANK, announced today the completion of the merger of Partners Bancorp ("Partners") (NASDAQ:PTRS) with and into LINK, and the merger of The Bank of Delmarva and Virginia Partners Bank with and into LINKBANK, effective November 30, 2023. "We are delighted with the closing of this transformational combination that establishes LINKBANK as a premier Mid Atlantic community bank franchise," said Samuel. "We look forward to moving forw
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.
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CAMP HILL, Pa., Dec. 1, 2023 /PRNewswire/ -- Andrew Samuel, Chief Executive Officer of LINKBANCORP, Inc. ("LINK") (NASDAQ:LNKB), parent company of LINKBANK, announced today the completion of the merger of Partners Bancorp ("Partners") (NASDAQ:PTRS) with and into LINK, and the merger of The Bank of Delmarva and Virginia Partners Bank with and into LINKBANK, effective November 30, 2023. "We are delighted with the closing of this transformational combination that establishes LINKBANK as a premier Mid Atlantic community bank franchise," said Samuel. "We look forward to moving forw
CAMP HILL, Pa. and SALISBURY, Md., Nov. 16, 2023 /PRNewswire/ -- LINKBANCORP, Inc. ("LINK") (NASDAQ:LNKB), parent company of LINKBANK, and Partners Bancorp ("Partners") (NASDAQ:PTRS), a financial services company with two wholly-owned operating subsidiaries, The Bank of Delmarva and Virginia Partners Bank, announced receipt of regulatory approval from the Board of Governors of the Federal Reserve System, the final regulatory approval required to complete the previously announced merger of equals transaction under which Partners will merge with and into LINK in an all-stock transaction, with LINK as the surviving corporation in accordance with the Agreement and Plan of Merger, dated as of Feb
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
CAMP HILL, Pa. and SALISBURY, Md., Oct. 13, 2023 /PRNewswire/ -- LINKBANCORP, Inc. ("LINK") (NASDAQ:LNKB), parent company of LINKBANK, and Partners Bancorp ("Partners") (NASDAQ:PTRS), a financial services company with two wholly-owned operating subsidiaries, The Bank of Delmarva and Virginia Partners Bank, announced receipt of required regulatory approvals from the Federal Deposit Insurance Corporation, the Pennsylvania Department of Banking and Securities, the Virginia State Corporation Commission, the Delaware Office of the State Bank Commissioner and the Maryland Office of the Commissioner of Financial Regulation in order to complete the previously announced merger of equals transaction
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
CAMP HILL, Pa. and SALISBURY, Md., June 22, 2023 /PRNewswire/ -- LINKBANCORP, Inc. ("LINK") (NASDAQ:LNKB), parent company of LINKBANK, and Partners Bancorp ("Partners") (NASDAQ:PTRS), a financial services company with two wholly-owned operating subsidiaries, The Bank of Delmarva and Virginia Partners Bank, announced today that at special meetings of their respective shareholders held on June 22, 2023, LINK and Partners shareholders approved the merger of Partners with and into LINK, with LINK as the surviving corporation pursuant to the Agreement and Plan of Merger, dated as of February 22, 2023 by and between LINK and Partners. The closing of the proposed merger remains subject to regulator
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. As previously disclosed, on February 22, 2023, the Company and LINKBANCORP, Inc. ("LINK") (NASDAQ:LNKB), parent company of LINKBANK, announced that t
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
Creating a Preeminent Mid-Atlantic Community Bank With Nearly $3 billion in Assets CAMP HILL, Pa. and SALISBURY, Md., Feb. 22, 2023 /PRNewswire/ -- LINKBANCORP, Inc. ("LINK") (NASDAQ:LNKB), parent company of LINKBANK, and Partners Bancorp ("Partners") (NASDAQ:PTRS), a financial services company with two wholly-owned operating subsidiaries, The Bank of Delmarva and Virginia Partners Bank, announced today that they have entered into a definitive agreement under which the companies will combine in an all-stock combination, valued at approximately $167.8 million, based on LINK's 10 day volume-weighted average price of $8.08 as of February 21, 2023.
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.
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