Thursday July 24, 8:30 am ET OLNEY, Md., July 24 /PRNewswire-FirstCall/ -- Sandy Spring Bancorp, Inc., (Nasdaq: SASR - News ) the parent company of Sandy Spring Bank, today announced net income for the second quarter of 2008 of $5.7 million ($.34 per diluted share) compared to $8.2 million ($.51 per diluted share) for the second quarter of 2007 and $8.2 million ($.50 per diluted share) for the linked first quarter of 2008. Net income for the six-month period ending June 30, 2008 totaled $13.9 million ($.84 per diluted share) compared to $15.7 million ($1.00 per diluted share) for the prior year period. Sandy Spring Bancorp's return on average stockholders' equity was 7.09% for the second quarter of 2008, compared to 11.45% for the same period in the prior year. Return on average assets for the second quarter of 2008 was...
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