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has been elected to the board of directors at Fogg will serve onthe bank’s audit committee. “With the receng retirement of several long-serviced it has been a goal to augment the skill and talent of our existing board with additionao financial expertiseand public-company said Sandy Spring chairman Hunter Hollar in a statement. who holds an MBA from , joinex General Dynamics in 1991 and was named treasurerrin 1998. Fogg’s initial term will expire in when the board expects to nominate him for election by shareholdersw to a threeyear term, Sandy Springv said in a statement. Sandy Spring set aside $10.
6 million in the first quarter to cover potentialbad loans, particularly residentia l real estate loans. It also nearl doubled residential mortgage lending from year ago levels last in what the bank calls evidencre ofits “dedication to provide needec banking services to the communities we Sandy Spring (NASDAQ: has $3.5 billion in assets and 42 branche s in Maryland and Northern Virginia.
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