Management Team

Alan J. Hyatt

Chairman and President

Alan J. Hyatt is Chairman of Severn Bancorp and its subsidiary, Severn Bank. Mr. Hyatt has set the tone for the organization for almost four decades. He first rose to the title of chairman in the late 1970's when, as a young law student, he became involved in the bank's predecessor, Pompeii Permanent Building and Loan Association, a neighborhood building and loan located in Baltimore.

Over the next four decades, under Mr. Hyatt's guidance, the company was completely transformed from a Baltimore-based neighborhood building and loan association to an Anne Arundel County based full-service community bank with four retail outlets and a signature headquarters in downtown Annapolis, Maryland. Along the way, Severn has become one of the most respected small banks in the United States, routinely recognized for its excellence.

Mr. Hyatt is also a partner with the Annapolis law firm of Hyatt & Weber, P.A., concentrating his practice on banking, real estate and commercial law. Mr. Hyatt serves as counsel to area real estate developers and entrepreneurs, with active representation in land use cases, commercial transactions and commercial litigation. He serves as Chairman of Severn Bancorp, Inc. and its subsidiary, Severn Bank.

Mr. Hyatt received his law degree from the University of Baltimore School of Law in 1978, and is an honors graduate of Bryant College of Business Administration. He is a member of the Maryland State Bar Association and the Anne Arundel County Bar Association. He serves on the Board of Trustees of the Anne Arundel County Retirement and Pension System and the Anne Arundel Health System, Inc. Board of Trustees . Mr. Hyatt is a native of Annapolis, and resides in the area with his wife and three children.

Vance W. Adkins, CPA, CGMA

Executive Vice President, Chief Financial Officer

Mr. Adkins joined Severn Bank in September of 2019. He has over 15 years in the financial services industry. Previously he was CFO with HomeTown Bank in Roanoke, Virginia. He has also served as Senior Risk Officer. Prior to working for HomeTown Bank he was an audit supervisor for Yount, Hyde & Barbour, P.C. where he managed engagements across over 40 public and private financial institutions. Mr. Adkins received both his Bachelor of Science in Accounting and his Masters of Science, Accounting & Information Systems from Virginia Polytechnic Institute and State University. He is a Certified Public Accountant (CPA) and Chartered Global Management Accountant (CGMA).