F u lt o n F i n a n c i a l c o r p o r at i o n
2 0 1 0 A n n u a l R e p o r t
Fulton Financial Corporation Annual Report
In 2010, Fulton Financial Corporation was recognized by Forbes
as one of the 100 Most Trustworthy Companies in the nation.
Of the 8,000 companies that were considered for the Top 100 designation,
we were the only bank included in the mid-cap and large-cap lists.
2010
leBanon valley diviSion
Barry E. Ansel, Chairman
Donald H. Dreibelbis
Randall I. Ebersole
Robert J. Funk
Robert P. Hoffman
Wendie DiMatteo Holsinger
Robert J. Longo
Albert B. Murry
M. Randolph Tice
preMier diviSion
Joseph R. Feilmeier, Chairman
Barry R. Angely
Anthony D. Cino
Southern diviSion
T.A. Grell, Jr., Chairman
T. Richard Litton, Jr.
Lloyd M. Poe
Timothy J. Stiffler
Elizabeth Addington Twohy
Fulton Bank adviSory BoardS
central
Ronald L. Miller, C.P.A.
Irel D. Buckwalter
Wilbur G. Rohrer
Paul W. Stauffer
eaSt
Galen Eby
R. Douglas Good, Esq.
Richard M. Hurst
Aldus R. King
Vernon R. Martin
John D. Yoder
lancaSter city
Clarence E. Darcus
Ron Ford
Robert W. Jones
Jessica H. May
Dear Shareholder:
2010 was a year of signicant improvement in our nancial
performance. For the year ended December 31, 2010, net income
available to common shareholders was $112.0 million or $0.59 per
diluted share, which was up 90.3% over the $0.31 we reported in 2009.
Also in 2010, we grew our mortgage banking income year-over-year,
improved our net interest margin, grew core deposits, added business
and consumer households, increased other income and reduced our
operating expenses.
We are pleased that we were able to strengthen our company’s
performance despite ongoing economic challenges. Loan growth
was sluggish due to the continued slow pace of economic recovery.
Many customers remain in a “wait and see” mode, and are still
reluctant to expand operations or take on new debt. In addition,
since the national economy is not recovering quite as quickly as some
experts had hoped, some of our customers continue to struggle to
meet their obligations to us. Consequently, we expect elevated credit
costs to continue to impact our performance in 2011.
As you might expect, when I talk with our shareholders, I am
frequently asked about the quarterly cash dividend. As I write
this letter in early March, the board remains keenly aware that you
would like to see your dividend increased. Over the past year, I have
emphasized four things that needed to happen before we could
consider an increase. First, we needed to pay off our TARP funds,
and as you know, we have done this. Second, we needed to see our
earnings improve, and we made good progress in 2010. Third, we
need to have a clearer understanding about the increased capital levels
that will be required by bank regulators. While we are still awaiting
some additional clarity around this issue, our capital position has
been and remains strong. Finally, we will need condence in the
sustainability of a meaningful economic recovery.
Your board of directors has actively monitored these four areas and
has recurring discussions about what level of dividend is appropriate,
given where our company and our nation are in the economic recovery
process. As shareholders ourselves, your directors and management
R. Scott Smith, Jr.
Chairman and Chief Executive Officer
E. Philip Wenger
President and Chief Operating Officer
2010
Fulton Financial Corporation Annual Report
NARR - PAGE 1
208379_Fulton_Narr.indd 5 3/4/11 5:21 PM
Fulton Financial Corporation Annual Report
share your desire to see the dividend increased.
Yet, we must balance this decision with our responsibility
to preserve and enhance shareholder value.
Currently, we are more optimistic about the prospects for
economic improvement
than we have been in
some time. The recovery
stalled last summer, and
that slowdown affected
us, our customers, and
other companies as well.
Since that time, as the
economy has gradually
improved, so has our
company’s performance.
While we are pleased with
the trend of our results
in 2010, we also realize
that the pace of our improving performance hinges on
economic growth and on the corresponding rate of growth
in our earning assets.
Since retaining existing customers and attracting new
ones is the foundation for further strengthening our
performance, we have continued to create a superior
experience for our customers through activities focused
on our company-wide customer promise to “Care,
Listen, Understand and Deliver.” We have enhanced
our communications with employees and have worked
to provide them with the tools to better serve their
co-workers and customers, thus enabling our team to
actively promote our company as a great place to work
and as an outstanding nancial partner and advisor.
Our company experienced a number of milestones in 2010:
In April, Fulton Financial
was recognized by Forbes
as one of the 100 Most
Trustworthy Companies
in the nation. Of the 8,000
companies considered for
the Top 100 list, we were
the only bank included
on the mid-cap and large-
cap lists.
Frankly, this objective,
independent recognition
from Forbes could not
have come at a better time. The banking industry was
working to recover from the negative perception caused
by the nancial crisis. Forbes wanted to identify the most
trustworthy businesses that trade on American exchanges
– companies that have consistently demonstrated
transparent and conservative accounting practices and
solid corporate governance and management. We were
pleased to be selected for this honor, and we believe it
positively differentiated our company at a critical time.
The recognition also enabled us to boost the favorable
attention focused on our banks by investors and by
customers and prospects in the markets we serve.
2010
Fulton Financial Corporation Annual Report
"We have enhanced our communications
with employees and have worked to
provide them with the tools to better
serve their co-workers and customers,
thus enabling our team to actively
promote our company as a great place
to work and as an outstanding financial
partner and advisor."
NARR - PAGE 2
208379_Fulton_Narr.indd 6 3/4/11 5:21 PM
200
180
160
140
120
100
80
60
40
20
0
-20
-5.6
73.9
01 02 03 04 05 06 07 08 09 10
15
12
9
6
3
0
10.6
12.1
01 02 03 04 05 06 07 08 09 10
13
12
11
10
9
8
7
6
5
4
3
2
1
0
12.0
12.0
01 02 03 04 05 06 07 08 09 10
128.3
12.4
11.9
In May, we were pleased by the enthusiastic response from the
investment community to our $230 million common stock offering.
In July, as I mentioned earlier, we used the proceeds from this
offering to redeem the $376.5 million in preferred stock that we
had issued to the U.S. Department of the Treasury in connection
with the TARP/Capital Purchase Program. Then in September, we
purchased the associated warrant from the Treasury, which enabled
us to satisfy all of our obligations under this program.
In October, we marked the 25th anniversary of our company’s
listing on the NASDAQ Stock Market. Your board of directors
participated in NASDAQ's Opening Bell Ceremony and the event
generated some very positive publicity for our company.
As you know, from time to time we have merged our subsidiary
banks where it made sense to do so. In December, we merged
Delaware National Bank into Fulton Bank. Fulton Bank
and Delaware National were both active in the southeastern
Pennsylvania and northern Delaware markets. Because of
Fulton Bank’s asset size, that bank name carried greater
brand recognition throughout the area. By merging these
two contiguous banks, we continue to leverage the name and
product capabilities of the larger bank while maintaining the
personal, professional banking style that our Delaware team has
consistently provided over the years.
In January of 2011, a new director joined the Fulton Financial
board: Lieutenant General Joe N. Ballard, US Army (Ret.), of
Davidsonville, MD. Joe has served on the board of our subsidiary
bank, The Columbia Bank, since 2006. His accomplishments
2010
Fulton Financial Corporation Annual Report
James E. Shreiner
Senior Executive Vice President/
Administrative Services
Craig H. Hill
Senior Executive Vice President/
Human Resources
Charles J. Nugent
Senior Executive Vice President/
Chief Financial Officer
NARR - PAGE 3
208379_Fulton_Narr.indd 9 3/4/11 5:21 PM
25
20
15
10
5
0
9.33%
2008 2009 2010
5.96%
0.75
0.50
0.25
0.00
$0.60
2008 2009 2010
$0.12
1.5
1.0
0.5
0.0
($0.03)
2008 2009 2010
$0.31
Return on Average Common Equity (tangible)*
Cash Dividends Per Common Share Net Income (Loss) Per Common Share (diluted)
*Net income (loss) available to common shareholders, adjusted for intangible amortization (net of tax) and goodwill impairment charges, divided by average common shareholders’ equity, net of goodwill and intangible assets.
• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •
as a decorated war veteran and as the CEO of The
Ravens Group, coupled with his expertise in strategy,
management and business practices, will be great assets
to our company.
In April, Donald M. Bowman, Jr. will retire from our
board of directors after 30 years of service to Hagerstown
Trust, The Columbia Bank and Fulton Financial
Corporation. Don is a partner in the Bowman Group,
which is active in trucking and transportation, commercial
real estate development, and in the operation of hotels
and restaurants. As a result of decades of success in a
wide range of business ventures, Don has provided our
company with vast experience in operating a business
successfully in upward and downward economic cycles.
In addition to Don’s business expertise and knowledge
of our industry, we will miss his warmth and enthusiasm
which have added so much to our company. We wish him
all the best in his future endeavors.
You are no doubt hearing a great deal in the news about
the Dodd-Frank nancial reform legislation that was
signed into law in July 2010. The nearly 1,000 pages of
this Act are expected to produce at least 250-300 new
regulations with which banks will need to comply, some
in 2011 and others in the future. While we support
the intent of the Act, which was to curb the actions
that contributed to the national nancial crisis, we are
very concerned that some of its provisions will have
an adverse impact on customers. We are working both
2010
Fulton Financial Corporation Annual Report
9.39%
"As we move into the post-recession era, and as
consumer and business confidence increases, we
remain focused on growing your company’s earnings.
I am optimistic about our ability to do so."
$0.12
$0.59
• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •
Financial HigHligHts
AS OF OR FOR THE YEAR ENDED DECEMBER 31
(Dollars in thousands, except per-share data) Percent Change
Balance sHeet Data 2010 2009 2008 2010/2009 2009/2008
Total assets $16,275,000 $16,636,000 $16,185,000 (2.2%) 2.8%
Loans, net of unearned income 11,933,000 11,972,000 12,043,000 (0.3%) (0.6%)
Deposits 12,389,000 12,098,000 10,552,000 2.4% 14.7%
Common shareholders’ equity 1,880,000 1,566,000 1,491,000 20.1% 5.0%
per common sHare Data
Net income (loss) (diluted) $0.59 $0.31 $(0.03) 90.3% N/M
Common stock cash dividends 0.12 0.12 0.60 - (80.0%)
Shareholders’ equity (tangible) 6.69 5.75 5.33 16.3% 7.9%
N/M - Not meaningful
independently and in conjunction with national nancial
services trade organizations to voice our concerns to our
elected ofcials in Washington, D.C. with the hope of
minimizing the Act’s potential negative impact on customers
and your company. Overall, we believe that we are
responding effectively to this new regulatory environment.
We also view its implementation as an opportunity, as we
believe we are better positioned to comply with the new rules
than many of our competitors.
As we move into the post-recession era, and as consumer and
business condence increases, we remain focused on growing
your company’s earnings. I am condent in our ability to
do so. Our investments in technology, brand awareness,
marketing, employee training, customer and new prospect
outreach efforts and in providing a superior experience to our
customers are all producing market share growth.
Even though the acceptance and utilization of electronic
banking services is rapidly increasing, traditional branches
remain important to many of our customers as well as an
integral part of our organic growth strategy. In recent
years, we have added new locations and, as our earnings
improve, we plan to increase our pace of new branch
NARR - PAGE 4
208379_Fulton_Narr.indd 10 3/4/11 5:21 PM
1.5
1.0
0.5
0.0
2008 2009 2010
Net Income (Loss) Per Common Share (diluted)
*Net income (loss) available to common shareholders, adjusted for intangible amortization (net of tax) and goodwill impairment charges, divided by average common shareholders’ equity, net of goodwill and intangible assets.
• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •
In addition to Don’s business expertise and knowledge
of our industry, we will miss his warmth and enthusiasm
which have added so much to our company. We wish him
all the best in his future endeavors.
You are no doubt hearing a great deal in the news about
the Dodd-Frank nancial reform legislation that was
signed into law in July 2010. The nearly 1,000 pages of
this Act are expected to produce at least 250-300 new
regulations with which banks will need to comply, some
in 2011 and others in the future. While we support
the intent of the Act, which was to curb the actions
that contributed to the national nancial crisis, we are
very concerned that some of its provisions will have
an adverse impact on customers. We are working both
$0.59
• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •
Financial HigHligHts
AS OF OR FOR THE YEAR ENDED DECEMBER 31
(Dollars in thousands, except per-share data) Percent Change
Balance sHeet Data 2010 2009 2008 2010/2009 2009/2008
Total assets $16,275,000 $16,636,000 $16,185,000 (2.2%) 2.8%
Loans, net of unearned income 11,933,000 11,972,000 12,043,000 (0.3%) (0.6%)
Deposits 12,389,000 12,098,000 10,552,000 2.4% 14.7%
Common shareholders’ equity 1,880,000 1,566,000 1,491,000 20.1% 5.0%
per common sHare Data
Net income (loss) (diluted) $0.59 $0.31 $(0.03) 90.3% N/M
Common stock cash dividends 0.12 0.12 0.60 - (80.0%)
Shareholders’ equity (tangible) 6.69 5.75 5.33 16.3% 7.9%
N/M - Not meaningful
independently and in conjunction with national nancial
services trade organizations to voice our concerns to our
elected ofcials in Washington, D.C. with the hope of
minimizing the Act’s potential negative impact on customers
and your company. Overall, we believe that we are
responding effectively to this new regulatory environment.
We also view its implementation as an opportunity, as we
believe we are better positioned to comply with the new rules
than many of our competitors.
As we move into the post-recession era, and as consumer and
business condence increases, we remain focused on growing
your company’s earnings. I am condent in our ability to
do so. Our investments in technology, brand awareness,
marketing, employee training, customer and new prospect
outreach efforts and in providing a superior experience to our
customers are all producing market share growth.
Even though the acceptance and utilization of electronic
banking services is rapidly increasing, traditional branches
remain important to many of our customers as well as an
integral part of our organic growth strategy. In recent
years, we have added new locations and, as our earnings
improve, we plan to increase our pace of new branch
deployment in attractive local markets. Of course, potential
acquisitions can help us achieve our growth goals as well.
We will use our past merger experience to carefully evaluate
those opportunities.
Our future growth and success will be led by our talented
employees. It is their dedication and hard work that has kept
this company on a sound nancial footing throughout one
of the most challenging periods in its history. And, it will be
that continued level of resolve and commitment in the years
ahead that will enable our shareholders, customers, employees
and communities to face the future boldly and condently.
Thank you for your continued support.
Sincerely,
R. Scott Smith, Jr.
Chairman and Chief Executive Ofcer
2010
Fulton Financial Corporation Annual Report
NARR - PAGE 5
208379_Fulton_Narr_R1.indd 11 3/8/11 7:34 PM
Fulton Financial Corporation Annual Report
20
18
16
14
12
10
8
6
4
2
0
7.8
8.4
9.8
11.2
12.4
14.9
15.9
16.2
16.6
01 02 03 04 05 06 07 08 09 10
Total Assets
(in billions
of dollars)
200
180
160
140
120
100
80
60
40
20
0
-20
113.6
131.0
136.4
149.6
166.1
185.5
152.7
-5.6
73.9
01 02 03 04 05 06 07 08 09 10
Net Income (loss)
(in millions
of dollars)
100
80
60
40
20
0
54.0
60.1
66.8
77.3
88.5
100.9
103.5
104.6
21.1
01 02 03 04 05 06 07 08 09 10
Common Stock
Cash Dividends
(in millions
of dollars)
15
12
9
6
3
0
6.0
6.2
6.8
7.9
8.8
10.2
10.1
10.6
12.1
01 02 03 04 05 06 07 08 09 10
Deposits
(in billions
of dollars)
2,000
1,800
1,600
1,400
1,200
1,000
800
600
400
0
812
865
948
1,244
1,283
1,516
1,575
1,491
1,566
01 02 03 04 05 06 07 08 09 10
Common
Shareholders’
Equity
(in millions
of dollars)
13
12
11
10
9
8
7
6
5
4
3
2
1
0
5.4
5.3
6.1
7.5
8.4
10.4
11.2
12.0
12.0
01 02 03 04 05 06 07 08 09 10
Loans
(in billions
of dollars)
10 YEARS IN REVIEW
(2001-2010)
2010
Fulton Financial Corporation Annual Report
16.3
128.3
12.4
11.9
1,880
23.2
James E. Shreiner
Senior Executive Vice President/
Administrative Services
Charles J. Nugent
Senior Executive Vice President/
Chief Financial Officer
NARR - PAGE 6
208379_Fulton_Narr.indd 8 3/4/11 5:21 PM
co-workers and customers, thus enabling our team to
actively promote our company as a great place to work
and as an outstanding nancial partner and advisor.
Our company experienced a number of milestones in 2010:
In April, Fulton Financial
was recognized by Forbes
as one of the 100 Most
Trustworthy Companies
in the nation. Of the 8,000
companies considered for
the Top 100 list, we were
the only bank included
on the mid-cap and large-
cap lists.
Frankly, this objective,
independent recognition
from Forbes could not
have come at a better time. The banking industry was
working to recover from the negative perception caused
by the nancial crisis. Forbes wanted to identify the most
trustworthy businesses that trade on American exchanges
– companies that have consistently demonstrated
transparent and conservative accounting practices and
solid corporate governance and management. We were
pleased to be selected for this honor, and we believe it
positively differentiated our company at a critical time.
The recognition also enabled us to boost the favorable
attention focused on our banks by investors and by
customers and prospects in the markets we serve.
INVESTOR INfORMATION
inveStor inForMation
Stock liSting
Common shares of Fulton Financial Corporation
are traded under the symbol “FULT” and are listed
in the NASDAQ Global Select Market.
caSh dividendS
The Fulton Financial Corporation Board of
Directors decides whether to declare a quarterly
cash dividend in the third month of each quarter
(i.e., March, June, September and December).
dividend reinveStMent plan
and
direct depoSit oF caSh dividendS
Fulton Financial Corporation offers its
shareholders the convenience of a Dividend
Reinvestment and Stock Purchase Plan and direct
deposit of cash dividends.
Holders of stock may have their quarterly
dividends automatically reinvested in additional
shares of the Corporation’s common stock by
utilizing the Dividend Reinvestment Plan.
Shareholders participating in the Plan may also
make voluntary cash contributions not to exceed
$5,000 per month.
In addition, shareholders have the option of having
their cash dividends sent directly to their financial
institution for deposit into their checking or
savings account.
Shareholders may receive information on either the
Dividend Reinvestment Plan and Stock Purchase
Plan, including a plan prospectus, or direct deposit of
cash dividends by writing to:
Stock Transfer Department
Fulton Financial Advisors
P.O. Box 3215
Lancaster, PA 17604-3215
or by calling: 717-291-2546 or toll-free:
1-800-626-0255.
inveStor inForMation and docuMentS
A copy of the Corporation’s Annual Report, Form 10-K, Proxy
Statement and other documents filed with the Securities and Exchange
Commision can be viewed on the Corporation’s website at
www.fult.com. In addition, copies of the Form 10-K and Proxy Statement
may be obtained without charge to shareholders by writing to:
Corporate Secretary
Fulton Financial Corporation
P.O. Box 4887
Lancaster, PA 17604-4887
News, stock information, an events calendar, Corporate presentations
and other information can be found on the Corporation’s website at
www.fult.com.
The Annual Meeting of Shareholders of Fulton Financial Corporation
will be held on Thursday, April 28, 2011 at 10:00 a.m. in the
Commonwealth Ballroom of the Lancaster Marriott at Penn Square in
downtown Lancaster, PA.
To make a reservation, please return the Annual Meeting Response
Card you received with your proxy statement. Your reservation will
help ensure that we have adequate seating for all shareholders who
plan to join us that day.
2010
Fulton Financial Corporation Annual Report
LAST LEAF FRONT
208379_Fulton_Narr.indd 7 3/4/11 5:21 PM
Fulton Financial
corporation Senior
ManageMent
R. Scott Smith, Jr.,
Chairman and
Chief Executive Officer
E. Philip Wenger,
President and
Chief Operating Officer
Charles J. Nugent,
Senior Executive
Vice President/
Chief Financial Officer
James E. Shreiner,
Senior Executive
Vice President/
Administrative Services
Craig H. Hill
Senior Executive
Vice President/
Human Resources
Fulton Financial
corporation
Board oF directorS
Jeffrey G. Albertson, Esq.
Joe N. Ballard, LTG, US Army (Ret.)
John M. Bond, Jr.
Donald M. Bowman, Jr.
Dana A. Chryst
Craig A. Dally
Patrick J. Freer
Rufus A. Fulton, Jr.
George W. Hodges
Willem Kooyker
Donald W. Lesher, Jr.
John O. Shirk, Esq.
R. Scott Smith, Jr.
Gary A. Stewart
E. Philip Wenger
SuBSidiary Bank
BoardS oF directorS
Fulton Bank
Richard J. Ashby, Jr.
Larry D. Bashore
Dana A. Chryst
Carlos E. Graupera
James M. Herr
Curtis J. Myers
George A. Parmer
A. Richard Pugh
Craig A. Roda
John O. Shirk, Esq.
Ivy E. Silver
Fulton Bank diviSional BoardS
Brandywine diviSion
Kenneth M. Goddu, Chairman
Robert F. Adams, Esq.
Wilmer L. Hostetter
Dallas Krapf
James D. McLeod, Jr.
Michael J. O’Rourke
capital diviSion
Robert S. Jones, Chairman
James C. Byerly
Samuel T. Cooper, III, Esq.
Thomas S. Davis, M.D.
Charles J.DeHart, III, Esq.
Steven S. Etter
Dolores Liptak
Barry E. Musser, C.P.A.
Beth A. Peiffer
Steven C. Wilds
delaware national diviSion
P. Randolph Taylor, Chairman
Dale R. Dukes
Jeffrey M. Fried
Amy A. Higgins
Greg N. Johnson
Terry A. Megee
Ronald T. Moore
Ralph W. Simpers
David T. Wilgus
droverS diviSion
Joseph E. Rilatt, Chairman
Vernon L. Bracey
Robert S. Freed
Jevon L. Holland
Gregory V. Saubel
William S. Shipley, III
Gary A. Stewart, Jr.
Delaine A. Toerper
Christine R. Wardrop
Constance L. Wolf
great valley diviSion
Jeffrey R. Rush, Chairman
Marcelino Colon
Michael D. Fromm
Kathryn G. Goodman
Daniel M. Goodyear
William G. Koch, Sr., C.P.A.
Chris G. Kraras
leBanon valley diviSion
Barry E. Ansel, Chairman
Donald H. Dreibelbis
Randall I. Ebersole
Robert J. Funk
Robert P. Hoffman
Wendie DiMatteo Holsinger
Robert J. Longo
Albert B. Murry
M. Randolph Tice
preMier diviSion
Joseph R. Feilmeier, Chairman
Barry R. Angely
Anthony D. Cino
Southern diviSion
T.A. Grell, Jr., Chairman
T. Richard Litton, Jr.
Lloyd M. Poe
Timothy J. Stiffler
Elizabeth Addington Twohy
Fulton Bank adviSory BoardS
central
Ronald L. Miller, C.P.A.
Irel D. Buckwalter
Wilbur G. Rohrer
Paul W. Stauffer
eaSt
Galen Eby
R. Douglas Good, Esq.
Richard M. Hurst
Aldus R. King
Vernon R. Martin
John D. Yoder
lancaSter city
Clarence E. Darcus
Ron Ford
Robert W. Jones
Jessica H. May
Fulton Financial Corporation Annual Report
SENIOR MANAGEMENT, DIRECTORS
& ADVISORY BOARD MEMBERS
2010
Fulton Financial Corporation Annual Report
R. Scott Smith, Jr.
Chairman and Chief Executive Officer
E. Philip Wenger
President and Chief Operating Officer
LAST LEAF BACK
208379_Fulton_Narr.indd 4 3/4/11 5:21 PM
north
Gerald L. Harding
Dean A. Hoover
Louis G. Hurst
Kent M. Martin
Michael L.Weinhold,C.P.A.
northweSt
P. Larry Groff, Sr.
Peter J. Hondru
Kenneth L. Kreider
Peter B. McCracken
Robert W. Obetz, Jr.
David W. Sweigart, III
J. David Young, Jr., Esq.
Dennis M. Zubler
South
Frank M. Abel, V.M.D.
John E. Chase
James W. Hostetter, Sr., C.P.A.
Dwight E. Wagner
State College
Allan Darr
Elizabeth A. Dupuis
Todd A. Erdley
Jeffrey M. Krauss
John A. Rodgers
weSt
Kerry B. Hagel
William Haynes
Tony Legenstine
agriCultural adviSory Board
Harry H. Bachman
I. Hershey Bare
Dennis L. Grumbine
William Hostetter
Amos M. Hursh
Aldus R. King
Jay H. Kopp
Peter B. McCracken
Swineford national Bank
Arthur F. Bowen
Thomas C. Clark, Esq.
Michael N. O’Keefe
William D. Robinson
Michael R. Wimer
Gene D. Zartman
lafayette amBaSSador Bank
Gary A. Clewell
Craig A. Dally
L. Anderson Daub
Rocco A. Del Vecchio
Sara (Sally) Jane Gammon
Thomas J. Maloney, Esq.
Alan B. McFall, Esq.
Jamie P. Musselman
Gerald A. Nau
Edith Ritter
John J. Simon
fnB Bank, n.a.
Robert O. Booth
Bryan L. Holmes
James D. Hawkins
Gerald A. Nau
Wendy S. Tripoli
Joanne E. Wade
the Bank
Joseph F. Adams, C.P.A.
Jeffrey G. Albertson, Esq.
Dennis N. DeSimone
Lawrence M. DiVietro, Jr.
Sandra J. Gubbine
James R. Johnson, Jr.
Scott H. Kintzing
Warner A. Knobe
Ross Levitsky, Esq.
Angela M. Snyder
Daniel G. Timms, D.D.S.
Paul J. Tully
the Bank diviSional Board
firSt waShington diviSion
James R. Johnson, Jr.
Timothy J. Losch
Stephen R. Miller
Leonard Smith
SkylandS Community Bank
Norman S. Baron
Blanquita Bonifacio
John K. Kitchen
Joel A. Kobert
Stephen R. Miller
Raymond Nisivoccia, C.P.A.
Denis H. O’Rourke
Paul Pinizzotto
Anthony J. Santye, Jr.
Leslie E. Smith, Jr.
Mark F. Strauss, Esq.
Norman Worth
the ColumBia Bank
Joe N. Ballard, LTG, US Army (Ret.)
John M. Bond, Jr.
Robert R. Bowie, Jr.
Donald M. Bowman, Jr.
Garnett Y. Clark, Jr.
Donald R. Harsh, Jr.
James R. Moxley, III
John A. Scaldara, Jr.
Gregory Snook
David K. Williams, Jr.
Elizabeth M. Wright
the ColumBia Bank
diviSional BoardS
hagerStown truSt diviSion
Donald M. Bowman, Jr.
Paul N. Crampton, Jr.
Louis J. Giustini
Donald R. Harsh, Jr.
Doris E. Lehman
Paul C. Mellott, Jr.
John A. Scaldara, Jr.
Gregory Snook
Michael S. Zampelli
PeoPleS Bank of
elkton diviSion
Harry C. Brown
Donald S. Hicks
Robert O. Palsgrove
John A. Scaldara, Jr.
Nancy R. Simpers
David K. Williams, Jr.
2010
Fulton Financial Corporation Annual Report
Banking SuBSidiarieS:
Fulton Bank, N.A.
Swineford National Bank
Lafayette Ambassador Bank
FNB Bank, N.A.
The Bank
Skylands Community Bank
The Columbia Bank
Residential mortgage lending offered through:
Fulton Mortgage Company
Investment management and
planning services offered through:
Fulton Financial Advisors &
Clermont Wealth Strategies
