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Thursday, December 17, 2009, 6:50PM ET - U.S. Markets Closed. Dow Down 1.27% Nasdaq Down 1.22%
Old Line Bancshares Inc. (OLBK)At 3:55PM ET: 6.0001  Up 0.0001 (0.00%)  
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Old Line Bancshares Inc.
1525 Pointer Ridge Place
Bowie, MD 20716
United States - Map
Phone: 301-430-2500
Fax: 301-932-5458
Web Site: http://www.oldlinebank.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Mid-Atlantic Banks
Full Time Employees:59

BUSINESS SUMMARY 
Old Line Bancshares, Inc. operates as the bank holding company for Old Line Bank that provides commercial banking products and services to small and medium size businesses, entrepreneurs, professionals, consumers, and high net worth clients in Maryland. It offers various deposit products, including demand, negotiable order of withdrawal, money market, and savings accounts, as well as certificates of deposit. The company’s lending portfolio primarily comprises short to medium term commercial business loans, including lines of credit, revolving credit facilities, accounts receivable financing, term loans, equipment loans, SBA loans, stand-by letters of credit, and unsecured loans; commercial real estate loans; real estate construction loans consisting of funds advanced for construction of single family residences, multi-family housing, and commercial buildings; home equity loans; and secured and unsecured consumer installment loans. In addition, it offers safe deposit boxes, wire transfer services, debit cards, automated teller machines, and credit cards, as well as provides Internet banking services. Further, Old Line Bancshares provides commercial account services, including direct deposit of payroll, an overnight sweep service, and remote deposit capture service. As of May 4, 2009, it operates through a branch in Bowie, two branches in Waldorf, and four additional branches in Prince George’s County in Maryland. The company was founded in 1989 and is headquartered in Bowie, Maryland.
Key Statistics

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    CORPORATE GOVERNANCE 
    Old Line Bancshares Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 60% of CGQ Universe companies and 45.5% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. James W. Cornelsen , 54
    Chief Exec. Officer, Pres, Director, Chief Exec. Officer of Old Line Bank, Pres of Old Line Bank of Old Line Bank
    N/A N/A
    Ms. Christine M. Rush , 53
    Chief Financial Officer, Chief Credit Officer, Principal Accounting Officer, Exec. VP, Sec., Chief Financial Officer of Old Line Bank, Chief Credit Officer of Old Line Bank, Exec. VP of Old Line Bank and Sec. of Old Line Bank
    N/A N/A
    Mr. Joseph E. Burnett , 63
    Chief Lending Officer, Exec. VP, Chief Lending Officer of Old Line Bank and Exec. VP of Old Line Bank
    N/A N/A
    Ms. Sandi F. Burnett , 50
    Sr. VP of Old Line Bank
    N/A N/A
    Ms Wendi M. Williams ,
    VP of Bus. Devel. and VP of Old Line Bank
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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