Old Line Bancshares, Inc.


Old Line Bank provides a full range of financial services to businesses, entrepreneurs and individuals in order to promote Maryland’s economic success. We have over 35 Branches and Lending Offices serving the area. Come visit us to see why Experience is Our Best Asset. Old Line Bank History The state of Maryland earned her nickname the “Old Line State” in 1776 during the first major battle of the Revolutionary War. If not for the “Maryland 400” who sacrificed their lives and allowed the Continental Army to escape, the war would have ended that day. Maryland’s regiment of soldiers, referred to as the “Old Line,” achieved the reputation as saviors of the cause of independence. As a tribute to those brave Maryland men, Old Line Bank proudly chose its name. Old Line Bank is a State Chartered banking association organized under the laws of the State of Maryland. The Bank was founded in 1989 originally as a National Bank under the name Old Line National Bank. On June 28, 2002, we converted to our current Maryland charter. We conduct a general banking business, consisting of granting secured and unsecured commercial and consumer loans, construction, mortgage and boat loans; checking services and interest bearing demand, savings and time deposit services. Currently, we have 39 full service branches; four in Anne Arundel County, eight in Baltimore County, two in Baltimore City, one in Calvert County, two in Carroll County, four in Charles County, two in Frederick County, one in Harford, one in Howard, five in Montgomery County, seven in Prince George’s County and two in Saint Mary’s County.
Bank NameOld Line Bancshares, Inc.
Stock ExchangeLSE
SymbolOLBK
SectorFinancials
IndustryMajor Banks
CountryUnited States
World Region"North America "
Chairman
CEOMr. James W. Cornelsen
Employees259
Websiteoldlinebank.com
Registered Year1989

2017 2016 2015
  € m € m € m
Revenue
Total interest income 74 60 51
Total Interest Expenses 11 8 5
Net Interest income 62 53 47
Total Net Revenue 70 61 53
Earnings per share
Basic 1.38 1.21 0.98
Diluted 1.35 1.2 1.2
Assets
Total current assets
Other assets 54,990.53 41,500.21 41,173.14
Total assets 2,105,613.45 1,709,019.63 1,510,088.89
Total current liabilities
Total liabilities 1,897,886.27 1,897,886.27 1,366,358.18
Total Equity 207,727.19 150,666.79 143,730.71
       
Net income
Net cash provided by operating activities 24 20 14
Net cash used for investment activities 63 233 135
Net cash provided by financing activities 51 192 140
Source:http://www.oldlinebank.com
Currency in EUR, All numbers in million.

 

United States
Perry Hall
Gaithersburg
Damascus