Community Financial Corp /md/ (TCFC) Files Form 4 Insider Selling : Greogory C Cockerham Sells 5,674 Shares

Community Financial Corp /md/ (TCFC): Greogory C Cockerham , Exec. V.P. & Chief Lending Off of Community Financial Corp /md/ sold 5,674 shares on May 24, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $22.59 per share for a total value of $128,260.85 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 26, 2016, Greogory C Cockerham (Exec. V.P. & Chief Lending Off) sold 5,674 shares at $22.59 per share price.On Feb 4, 2016, A Joseph Jr Slater (director) purchased 500 shares at $19.75 per share price.Also, On Feb 2, 2016, Michael L Middleton (Executive Chairman) purchased 750 shares at $20.81 per share price.On Dec 8, 2015, John K Jr Parlett (director) purchased 1,000 shares at $21.03 per share price.

On May 2, 2016, Community Financial Corp announced a cash dividend of $0.1000. The company’s management has announced Jul 5, 2016 as the ex-dividend date and fixed the record date on Jul 7, 2016. The payable date has been fixed on Jul 21, 2016.

The Community Financial Corporation is a bank holding company. The Company owns Community Bank of the Chesapeake (the Bank). The Bank serves the Southern Maryland counties of Charles Calvert and St. Mary’s Maryland and neighboring communities and to a lesser extent the Northern Neck region and Fredericksburg area of Virginia. In addition the Bank maintains five loan production offices (LPOs) in La Plata Prince Frederick Leonardtown and Annapolis Maryland and Fredericksburg Virginia. The Bank operates 16 automated teller machines including four stand-alone locations. The Bank offers telephone and Internet banking services. The Bank is engaged in the commercial and retail banking business including the acceptance of deposits and the origination of loans to individuals associations partnerships and corporations. The Bank’s real estate financing consists of commercial mortgage loans residential first and second mortgage loans and home equity lines of credit.

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