Inactive Instrument

The Community Financial Corporation

Equities

TCFC

US20368X1019

The Community Financial Corporation and Community Bank of the Chesapeake Announce Executive Changes

September 02, 2022 at 09:26 am EDT

James M. Burke was appointed Chief Executive Officer of The Community Financial Corporation and its wholly owned subsidiary Community Bank of the Chesapeake (the Bank), effective August 31, 2022. Mr. Burke succeeds William J. Pasenelli who retired as Chief Executive Officer of the Company and the Bank. Mr. Burke, age 54, has served as the Company's President, and as a member of the Company's Board of Directors, since February 25, 2021.

Mr. Burke has also served as the Bank's President, and as a member of the Bank's Board of Directors, since 2016. Prior to being appointed as President of the Bank, Mr. Burke served as Executive Vice President and Chief Risk Officer of the Bank since 2005.

Latest news about The Community Financial Corporation

Shore Bancshares, The Community Financial Corporation Complete Merger	23-07-03	MT
The Community Financial Corporation(NasdaqCM:TCFC) dropped from S&P TMI Index	23-07-03	CI
Shore Bancshares, Inc. completed the acquisition of The Community Financial Corporation in a merger of equals transaction.	23-06-30	CI
The Community Financial Corporation(NasdaqCM:TCFC) dropped from NASDAQ Composite Index	23-06-30	CI
The Community Financial Corporation(NasdaqCM:TCFC) added to Russell Small Cap Comp Value Index	23-06-23	CI
The Community Financial Corporation(NasdaqCM:TCFC) added to Russell 2000 Value-Defensive Index	23-06-23	CI
The Community Financial Corporation(NasdaqCM:TCFC) added to Russell 3000E Value Index	23-06-23	CI
The Community Financial Corporation(NasdaqCM:TCFC) added to Russell Small Cap Completeness Index	23-06-23	CI
The Community Financial Corporation(NasdaqCM:TCFC) added to Russell 2000 Defensive Index	23-06-23	CI
The Community Financial Corporation(NasdaqCM:TCFC) added to Russell 2500 Index	23-06-23	CI
The Community Financial Corporation(NasdaqCM:TCFC) added to Russell 3000 Index	23-06-23	CI
The Community Financial Corporation(NasdaqCM:TCFC) dropped from Russell 3000E Growth Index	23-06-23	CI
The Community Financial Corporation(NasdaqCM:TCFC) added to Russell 2000 Index	23-06-23	CI
The Community Financial Corporation(NasdaqCM:TCFC) added to Russell 2000 Value Index	23-06-23	CI
The Community Financial Corporation(NasdaqCM:TCFC) dropped from Russell Microcap Growth Index	23-06-23	CI
The Community Financial Corporation(NasdaqCM:TCFC) added to Russell 3000E Index	23-06-23	CI
The Community Financial Corporation(NasdaqCM:TCFC) added to Russell 3000 Value Index	23-06-23	CI
The Community Financial Corporation(NasdaqCM:TCFC) added to Russell 2500 Value Index	23-06-23	CI
Shore Bancshares Shareholders Approve Merger With Community Financial	23-06-20	MT
The Community Financial Corporation Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-26	CI
Earnings Flash (TCFC) THE COMMUNITY FINANCIAL CORPORATION Posts Q1 EPS $1.34	23-04-25	MT
Keefe, Bruyette & Woods Adjusts Price Target on Community Financial to $37 From $42, Maintains Market Perform Rating	23-04-06	MT
Shore Bancshares, Community Financial Secure Regulatory Approval for Pending Merger	23-03-08	MT
Keefe, Bruyette & Woods Adjusts Price Target on Community Financial to $42 From $45, Maintains Market Perform Rating	23-03-03	MT
Community Financial Maintains Quarterly Dividend at $0.175 a Share, Payable April 24 to Shareholders of Record on April 12	23-02-27	MT

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Company Profile

The Community Financial Corporation is a bank holding company for Community Bank of the Chesapeake (the Bank). The Bank is engaged in the commercial and retail banking business, including the acceptance of deposits and the origination of loans to small and medium sized commercial businesses as well as local municipal agencies and not-for-profits. Its primary deposit products are demand, savings and time deposits, and its lending products are commercial and residential mortgage loans, commercial loans, construction and land development loans, home equity and second mortgages and commercial equipment loans. The Bank offers a variety of commercial and consumer loans. The Bank operates approximately 12 branches located in Maryland and Virginia. The Bank maintains over four loan production offices (LPOs) in La Plata, Prince Frederick and Leonardtown, Maryland, and Fredericksburg, Virginia. The Bank also serve its customers through its Website: www.cbtc.com.

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