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Carrollton Bancorp (CRRB) Announces Name Change



Carrollton Bancorp (CRRB) Announces Name Change

Bay Bancorp, Inc. (BYBK) Begins Trading on November 1, 2013

LUTHERVILLE, Md., Oct. 28, 2013 (GLOBE NEWSWIRE) -- Carrollton Bancorp, parent
company of Bay Bank, FSB, announced today that it has changed its name to Bay
Bancorp, Inc. (the "Company"). Effective November 1, 2013, shares in the
Company will trade under the new name and new stock ticker symbol, "BYBK", on
the NASDAQ Capital Market exchange.

On April 19, 2013, Bay Bank, FSB completed its acquisition of Carrollton Bank
and adopted the Bay Bank name for the operating bank in the greater Baltimore
market. In conjunction with the acquisition, each of the former Carrollton
Bank branches was rebranded with the Bay Bank name. At the same time, Bay
Bank's parent company, Jefferson Bancorp, Inc. ("Jefferson"), completed its
purchase of Carrollton Bancorp, parent company of Carrollton Bank. The merged
holding company retained the Carrollton Bancorp name at that time and
continued to trade on the NASDAQ stock exchange under the sticker symbol
"CRRB". The Board of Directors of Carrollton Bancorp and Bay Bank have elected
to change the name of the holding company from Carrollton Bancorp to Bay
Bancorp, Inc. to better align the name of the operating bank with that of the
holding company. 

Kevin B. Cashen, President and Chief Executive Officer of the bank and the
holding company, commented, "The integration of the two companies has gone
very well during our first six months as a combined entity. We are very
pleased with the progress we have made to date. While operationally the merger
is going well, there continues to be some confusion in the market given the
significant difference between the name of the holding company and the name of
the operating bank. To eliminate any confusion, we felt it was appropriate to
better align the two names.   The name change at the holding company level
will have no impact on our day-to-day operations. We continue to be committed
to delivering a superior banking experience in the Maryland market."

About Bay Bank/Bay Bancorp

Bay Bank, FSB is headquartered in Lutherville, Maryland and is focused on
providing superior customer service to the local communities in our
market. Bay Bank serves the community with a network of 12 branches
strategically located throughout the region. Bay Bank serves local consumers,
small and medium size businesses, professionals and other valued customers by
offering a broad suite of products and services, including on-line services,
commercial banking, cash management, mortgage lending, retail banking and
wealth management. A community oriented bank, at September 30, 2013, it had
total assets of $460 million. Bay Bancorp, Inc. is the parent company for Bay
Bank, FSB. The common stock for Bay Bancorp, Inc. is listed on the NASDAQ
Capital Market under the ticker symbol "BYBK". Investor information is
available on Bay Bank's website at www.baybankmd.com.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements as defined by the
Private Securities Litigation Reform Act of 1995. Forward-looking statements
do not represent historical facts, but are statements about management's
beliefs, plans and objectives about the future, as well as its assumptions and
judgments concerning such beliefs, plans and objectives. These statements are
evidenced by terms such as "anticipate," "estimate," "should," "expect,"
"believe," "intend," and similar expressions. Although these statements
reflect management's good faith beliefs and projections, they are not
guarantees of future performance and they may not prove true. These
projections involve risk and uncertainties that could cause actual results to
differ materially from those addressed in the forward-looking statements. For
a discussion of these risks and uncertainties, see the section of the periodic
reports that Carrollton Bancorp files with the Securities and Exchange
Commission entitled "Risk Factors".

CONTACT: Kevin B. Cashen, President & CEO
         Bay Bank, FSB
         410-427-3707
         kcashen@baybankmd.com
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