OLBK - Old Line Bancshares, Inc.

NasdaqCM - NasdaqCM Real Time Price. Currency in USD

Old Line Bancshares, Inc.

1525 Pointer Ridge Place
Bowie, MD 20716
United States
301-430-2500
http://www.oldlinebank.com

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees348

Key Executives

NameTitlePayExercisedYear Born
Mr. James W. CornelsenPres, CEO & Director1.17M686.48k1954
Elise M. AdamsExec. VP & CFO350.1kN/A1973
Mr. Mark A. SemanieExec. VP, COO & Sec.510.1kN/A1963
Mr. Jack G. WelbornExec. VP & Chief Lending Officer450.01kN/A1954
Mr. William J. BushExec. VP of Commercial LendingN/AN/A1964
Amounts are as of December 31, 2018 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. Currency in USD.

Description

Old Line Bancshares, Inc. operates as the bank holding company for Old Line Bank that provides banking products and services to small and medium size businesses, entrepreneurs, professionals, consumers, and high net worth clients. The company accepts a range of deposit products, including demand, NOW, money market, and savings accounts, as well as certificates of deposit. It also offers commercial and industrial loans, such as lines of credit, revolving credit facilities, accounts receivable financing, term loans, equipment loans, small business administration loans, standby letters of credit, and unsecured loans; commercial real estate loans; funds for the construction of single family residences, financing to builders for the construction of pre-sold homes, and loans for multi-family housing, as well as home equity and home improvement loans; land acquisition and development loans; and consumer installment loans. In addition, the company provides safe deposit boxes, wire transfer services, automated teller machine services, and Internet and mobile banking services; debit, prepaid, and credit cards; commercial account services comprising direct deposit of payroll, overnight sweep, lockbox, and remote deposit capture; and investment services consisting of investment management, estate and succession planning, and brokerage services. As of December 31, 2018, it operated a total of 37 branches and 9 loan production offices in suburban Maryland counties of Anne Arundel, Calvert, Charles, Frederick, Harford, Howard, Prince George's, Montgomery, and St. Mary's; and Baltimore and Carroll. Old Line Bancshares, Inc. was founded in 1989 and is headquartered in Bowie, Maryland.

Corporate Governance

Old Line Bancshares, Inc.’s ISS Governance QualityScore as of October 4, 2019 is 9. The pillar scores are Audit: 2; Board: 9; Shareholder Rights: 9; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.