Bay Bancorp, Inc., formerly Carrollton Bancorp., is a savings and loan holding company. The Company operates through its subsidiary, Bay Bank, FSB (the Bank). The Bank is a federal savings bank (FSB) that provides a range of financial services to individuals, businesses and organizations. The Company is focused on providing financial and customer service to small and medium-sized commercial and retail businesses, owners of these businesses and their employees, to business professionals and to individual consumers. The Bank has five subsidiaries: Bay Financial Services, Inc. (BFS), Carrollton Community Development Corporation and three limited liability company subsidiaries. BFS provides brokerage services and a variety of financial planning and investment options to customers. The Bank�s three limited liability company subsidiaries manage and dispose of real estate acquired through foreclosure.