BNET Industries
Market Cap:$8.8M
Last Fiscal Year Sales:$26.9M
- Public
- US
Dow Jones Description
Welcome to The Adams National Bank. For over a quarter of a century, Adams has provided the resources for the economic vitality of this region. From the beginning, The Adams National Bank has been known for innovative problem-solving for business owners, especially those whose imagination leads them to new ventures. We operate from a "can-do" premise. Where other banks may say "no," we look for ways to say "yes." We believe in building lifetime relationships by listening, understanding and providing the banking needs of large and small businesses, non-profit organizations and individuals. Our personal service, innovative banking solutions and commitment to our community are the hallmarks of The Adams National Bank. This commitment is shared by our customers, employees and board members. The people who are The Adams National Bank live right here in the Washington area supporting our idea that investing in our neighborhoods is an investment in our future. We believe that the role of our bank is to find ways to make things work for our partners in the community so that together we can grow and prosper.
Chairman, President & CEORobert W. Walker
Number of Employees 102
Contact Information
1130 Connecticut Ave NW Ste 200
Washington, District of Columbia 20036
(202) 772-3600
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
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Premier Financial Bancorp releases details of Abigail Adams deal
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Adams National Bank merger delayed
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Premier Financial Bancorp Amends Merger Deal With Abigail Adams National Bancorp - Quick Facts
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Abigail Adams National Bancorp loses $805K
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Sandy Spring Bancorp Names New Chief Executive
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Premier Financial Bancorp to acquire Abigail Adams National Bancorp
News & Analysis
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abigail adams national bancorp inc. - All News and Analysis
Abigail Adams National Bancorp, Inc. Declares Dividend
WASHINGTON--BUSINESS WIRE--April 23, 1998--The Board of Directors of Abigail Adams National Bancorp, Inc. (NASDAQ:AANB) has declared a quarterly cash dividend of 10 cents per share to stockholders of record on May 5, 1998, payable on or about May 22, 1998. Founded in 1977 with $3 million...
Additional Resources
Premier Financial Bancorp, Inc. and Abigail Adams National Bancorp Amend Merger Agreement
HUNTINGTON, W.Va., JUNE 18 /PRNewswire-FirstCall/ -- PREMIER FINANCIAL BANCORP, INC. PREMIER, , a $734 million community bank holding company with six bank subsidiaries announced today that Premier and Abigail Adams National Bancorp, Inc. Adams have amended their merger agreement to extend the deadline for merger completion to September...
Abigail Adams National Bancorp, Inc. Announces Date of Annual Meeting of Stockholders
WASHINGTON, June 17 /PRNewswire-FirstCall/ -- Abigail Adams National Bancorp, Inc. (the "Company") , today announced that in the event that its merger with and into Premier Bancorp, Inc. is not completed in 2009, the Company's Annual Meeting of Stockholders will be held on December 15, 2009 at 2:00 p.m.,...
Abigail Adams National Bancorp vs. the global market.
M2 PRESSWIRE-15 May 2007-www.streetinvesting.com: Abigail Adams National Bancorp vs. the global marketC1994-2007 M2 COMMUNICATIONS LTD RDATE:15052007 Please visit www.Streetinvesting.com for the full report. Wall Street finished with mixed results Monday, as investors continued to express concern surrounding the government's...
Adams National Bank prospers; Reports profits top $1 million.(BUSINESS)(YOUR MONEY: STOCK VIEW)
Byline: Tom Ramstack, THE WASHINGTON TIMES Adams National Bank recorded a standout performance for a community bank last week when it reported more than $1 million in profits for only the second time in its 29 years of business. While the fortunes...
Cardinal Bank Names Kathleen Walsh Carr President of Cardinal Bank Washington
TYSONS CORNER, Va. -- Cardinal Bank is pleased to announce that Kathleen Walsh Carr has joined the company as President of Cardinal Bank Washington. Cardinal Bank plans to open its first Washington office by the end of 2005 at 1776 K Street, the corner of 18th and K Streets. ...
Fahnestock & Co. Analyst to Interview On RadioWallStreet.com
Business Editors/Hi-Tech Writers PHILADELPHIA--BUSINESS WIRE--March 14, 2000 Coldwater Creek Inc. (NASDAQ: CWTR), State Street Corporation (NYSE: STT), DSL.net, Inc. (NASDAQ: DSLN), Alabama National BanCorporation (NASDAQ: ALAB), The Proctor & Gamble Company (NYSE: PG), The Walt Disney Company (NYSE: DIS), Abigail Adams National Bancorp, Inc. (NASDAQ: AANB),...
The Washington Times Business Briefs Column.
Knight Ridder/Tribune Business News Feb. 4 -- MARRIOTT INTERNATIONAL PROFITS RISE: Marriott International Inc., a Bethesda hotel operator, reported net income for its fourth quarter ended Dec. 31 increased 18 percent to $114 million (44 cents diluted) from $97 million (36 cents) for...
Bank Board Members Quit D.C. Area Women's Bank to Protest CEO's Ouster.
Knight Ridder/Tribune Business News May 20--Three board members of Abigail Adams National Bancorp resigned yesterday to protest the ouster last week of Barbara Davis Blum as chief executive of Washington's only women-owned bank. Shareholders of Adams voted to remove Ms. Blum from her post...
Abigail Adams National Bancorp, Inc. Declares Dividend
WASHINGTON--BUSINESS WIRE--April 23, 1998--The Board of Directors of Abigail Adams National Bancorp, Inc. (NASDAQ:AANB) has declared a quarterly cash dividend of 10 cents per share to stockholders of record on May 5, 1998, payable on or about May 22, 1998. Founded in 1977 with $3...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Karen E. Troutman | CFO & Senior Vice President |
| Lynne M. Miller | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Robert W. Walker | Chairman, President & CEO |
| A. George Cook | Board of Directors |
| Bonnie A. Wilson | Board of Directors |
| Douglas V. Reynolds | Board of Directors |
| Joseph L. Williams | Board of Directors |
| Kathleen W. Carr | Board of Directors |
| Marshall T. Reynolds | Board of Directors |
| Phillip Todd Shell | Board of Directors |
| Sandra C. Ramsey | Board of Directors |
Robert W. Walker, is Chairman, President and Chief Executive Officer of the Company and is a Director of the Company and the Bank, positions he has held since September 2008. Mr. Walker serves as the President, Chief Executive Officer and Director of Premier Financial Bancorp, Inc. in Huntington, West Virginia and is a director of its wholly owned subsidiaries. Mr. Walker has held that position since October 2001. From September 1998 until October 2001, Mr. Walker was President of Boone County Bank, Inc. Prior to that time, Mr. Walker was a Regional Vice President at Bank One, West Virginia, N.A. Mr. Walker was also appointed as Acting Interim President and Chief Executive Officer of the Bank. The appointment was made subject to the authority of the Comptroller of the Currency to issue a notice of disapproval.
| Organization | Position | Status |
|---|---|---|
| Abigail Adams National Bancorp, Inc. | Chairman, President & CEO | Current |
Karen E. Troutman, age 61 , is our Senior Vice President and Chief Financial Officer of Abigail Adams National Bancorp and The Adams National Bank since 1998. Mrs. Troutman has over 30 years of experience in the financial services industry in the areas of financial management and accounting. Mrs. Troutman’s prior work experience included over twenty years at Household International (now HSBC) in the capacity of Division Controller for Household Bank and at the corporate headquarters in the Treasury Department serving in various management positions. Mrs. Troutman holds a Masters Degree from The Johns Hopkins University.
| Organization | Position | Status |
|---|---|---|
| Abigail Adams National Bancorp, Inc. | CFO & Senior Vice President | Current |
A. George Cook is the Principal of George Cook & Co., Senior Fellow of the School of Public Policy at George Mason University, and Chairman Emeritus and retired Chief Executive Officer of Colonial Parking, Inc. Mr. Cook is currently a director of the Classica-Seneca Theater Company and a regional Board Member of the Sorenson Institute, University of Virginia. Mr. Cook is a former Chair of the National Policy Council of the Urban Land Institute, director and past Executive Committee member of the Greater Washington Board of Trade and member and past Chairman of the Board of the National Parking Association. He is a past Board Member of the Girl Scouts of the USA, a former member of the City Council of the City of Alexandria and a former Chairman of the Commission of Local Government for the Commonwealth of Virginia. Mr. Cook is a former member of the Board of Visitors of George Mason University and a former Vice Chairman of the Virginia State Electoral Board. He is a graduate of the George Washington University.
| Organization | Position | Status |
|---|---|---|
| Abigail Adams National Bancorp, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Abigail Adams National Bancorp, Inc. | Board of Directors | Current |
Douglas V. Reynolds is an attorney for Reynolds & Brown, PLLC. Mr. Reynolds is the President of the Transylvania Corporation and is Chairman of C. J. Hughes Construction Company, and a director of The Harrah and Reynolds Corporation, and Portec Rail Products, Inc. Mr. Reynolds is a graduate of Duke University and holds a law degree from West Virginia University. Mr. Reynolds is the son of Director Marshall T. Reynolds.
| Organization | Position | Status |
|---|---|---|
| Abigail Adams National Bancorp, Inc. | Board of Directors | Current |
Joseph L. Williams is a director of the Company and The Adams National Bank since 1995 and the Chairman, President and CEO of Consolidated Bank & Trust Company since February 2007. He is the Chairman and Chief Executive Officer of Basic Supply Company, Inc., which he founded in 1977. Mr. Williams was one of the organizers and is a director of First Sentry Bank, Huntington, West Virginia. Mr. Williams is a member of the West Virginia Governor’s Workforce Investment Council. He is a former director of Unlimited Future, Inc., a small business incubator, and a former Member of the National Advisory Council of the United States Small Business Administration. Mr. Williams is a former Mayor and City Councilman of the City of Huntington, West Virginia. He is a graduate of Marshall University with a degree in finance and is a former member of its Institutional Board of Governors.
| Organization | Position | Status |
|---|---|---|
| Abigail Adams National Bancorp, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Abigail Adams National Bancorp, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Abigail Adams National Bancorp, Inc. | Director | Current |
| SCANA Corporation | Board of Directors | Current |
| Environmental Strategies Consulting LLC | Chief Executive Officer | Former |
| Quanta Technical Services LLC | President | Former |
| Environmental Strategies Consulting LLC | President | Former |
| Environmental Strategies, Inc | Co-Founder | Former |
| Quanta Capital Holdings Ltd. | Senior Business Consultant | Former |
| Organization | Position | Status |
|---|---|---|
| The Chapman Printing Company-Huntington | CEO | Current |
| Champion Industries, Inc. | Owner | Current |
| Portec Rail Products, Inc. | Chairman | Current |
| Smith & Butterfield | Chairman | Current |
| Abigail Adams National Bancorp, Inc. | Board of Directors | Current |
| First State Financial Corporation | Board of Directors | Current |
| Champion Industries, Inc. | Chief Executive Officer, Chairman of the Board of Directors | Former |
| Champion Industries, Inc. | Chairman, Chief Executive. Officer | Former |
| Champion Industries, Inc. | Board of Directors | Former |
| Portec Rail Products, Inc. | Board of Directors | Former |
Philip Todd Shell, is the Chief Investment Officer of Guyan Machinery Rebuilders and Caspian Holdings of Delaware, and is a director of Guyan Machinery Company, Portec Rail Products, Inc., St. Mary’s Medical Foundation, Consolidated Bank & Trust Company, Hospice of Huntington, Huntington Museum of Art, West Virginia Education Alliance, Marshall University Business Scholl, and United Way of the River Cities. Mr. Shell became a director of the Company in 2008 and is a member of the Audit Committee of the Company. He beneficially owns 2,320 shares of Company common stock.
| Organization | Position | Status |
|---|---|---|
| Abigail Adams National Bancorp, Inc. | Board of Directors | Current |
Sandra C. Ramsey is the Senior Vice President of Finance and Treasurer for Acosta, Inc., a sales, service and marketing company for major consumer product manufacturers and retailers. Mrs. Ramsey joined Acosta as Corporate Controller in February 1998. Mrs. Ramsey is a Certified Public Accountant with over 20 years of experience in accounting and finance. Mrs. Ramsey is a Member of the Board of Directors and President of Leadership Jacksonville and Treasurer of the Early Learning Coalition of Duval County. Mrs. Ramsey is a graduate of West Virginia University.
| Organization | Position | Status |
|---|---|---|
| Abigail Adams National Bancorp, Inc. | Board of Directors | Current |
Executive News
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Abigail Adams National Bancorp, Inc. Announces Date of Annual Meeting of Stockholders
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Champion Reports Earnings for 2nd Quarter and Year to Date
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Champion Reports Earnings for 2nd Quarter and Year to Date
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Champion Reports Earnings for 2nd Quarter and Year to Date
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Champion Reports Earnings for 2nd Quarter and Year to Date
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