Howard Bancorp, Inc. is a bank holding company for Howard Bank. The Company’s primary business owns all of the capital stock of Howard Bank. Howard Bank has branches in Howard County as well as in Anne Arundel County, Baltimore County, and Harford County in Maryland. It engages in general commercial banking business, making various types of loans and accepting deposits. The Company markets its financial services to small and medium sized businesses and their owners, professionals and executives, and high-net-worth individuals. The Company’s core business strategy involves delivering advice and superior customer service to clients through local decision makers. The Company has seven full services branches, four located throughout Howard County, one in Annapolis, one in Towson and one in Harford County.