Annapolis Bancorp, Inc. is a bank holding company of BankAnnapolis (the Bank). The Bank is a full-service commercial bank and offers a variety of products and services to both commercial and retail customers. Commercial services offered by the Bank include a variety of lending products, including commercial real estate and commercial business loans, cash management services and letters of credit. On the deposit side commercial customers are offered cash management services, including account analysis, remote deposit capture, merchant services and an array of deposit products. The Bank’s principal business consists of originating loans and attracting deposits. The Company’s five branches are located in Anne Arundel County, Maryland and one branch located on Kent Island in Queen Anne’s County, Maryland. On May 27, 2011, the Bank closed its downtown Annapolis branch, Market House and transferred the branch’s deposits to the Bank’s Bestgate branch.