Just ahead of next week's shareholder meeting, the Baltimore-based banking company, which has had to write down significant assets as a result of turmoil in the credit markets, is also raising $115 million in debt and equity to bolster its capital.

Dividend Realignment: The Company's dividend will be reduced to $0.44
per share on an annualized basis. This will allow the Company to
preserve approximately $29 million annually in retained capital. The
dividend reduction is expected to commence with the dividend payable in
May 2008.

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