Howard Bank acquired certain loans and other assets of NBRS Financial Bank from Rising Sun Bancorp (OTCPK:RSAM) on October 17, 2014. As of June 30, 2014, NBRS Financial had approximately $188.2 million in total assets and $183.1 million in total deposits. With this transaction Howard Bank will now operate 13 branch offices, two regional offices and two mortgage centers in five Maryland counties and two states. he five branches of NBRS Financial will reopen as branches of Howard Bank. Federal Deposit Insurance Corporation was appointed as receiver. The holding company was not included in the closing of the bank or the resulting receivership.

Howard Bank completed the acquisition of certain loans and other assets of NBRS Financial Bank from Rising Sun Bancorp (OTCPK:RSAM) on October 17, 2014