Calvin B Taylor Bankshares, Inc.

Calvin B. Taylor Bankshares, Inc. is a Maryland corporation incorporated on October 31, 1995, that owns all the stock of Calvin B. Taylor Banking Company of Berlin, Maryland. The Bank, which began operations in 1890 and was incorporated on December 17, 1907, is a commercial bank with its main office in Berlin, Maryland. Through the Bank, the Company conducts a general commercial and retail banking business. It serves individuals, small- to medium-sized businesses, professional organizations, and governmental units. The Bank operates nine branches across Worcester County, Maryland, and one branch in Sussex County, Delaware. The majority of its customer deposits and lending transactions occur within the communities where these branches are located. The Bank's service area largely encompasses or is near the coastal resort areas of Maryland, Delaware, and Virginia, which have developed into resort and retirement communities.