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
IndustryRegional - Mid-Atlantic Banks
Full Time Employees221

Key Executives

NameTitlePayExercisedAge
Mr. James W. CornelsenPres, CEO & Director881.93k222.15k63
Ms. Elise Marie HubbardSr. VP, CFO & Assistant Sec.248.01kN/A44
Mr. Mark A. SemanieCOO, Exec. VP, Sec., COO of Old Line Bank and Exec. VP of Old Line Bank404.62kN/A54
Mr. Joseph E. BurnettExec. VP & Chief Lending Officer367.22k259.5k71
Mr. M. John MillerChief Credit Officer, EVP, Chief Credit Officer of Old Line Bank and EVP of Old Line Bank311.58kN/A67
Amounts are as of December 31, 2016 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. It accepts a range of deposit products, such as demand, NOW, money market, and savings accounts, as well as certificates of deposit. The company offers commercial and industrial loans, including lines of credit, revolving credit facilities, accounts receivable financing, term and 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. It also 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, 2016, it operated a total of 21 branches and 9 loan production offices in suburban Maryland counties of Anne Arundel, Calvert, Charles, Montgomery, Prince George’s, 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 December 1, 2017 is 10. The pillar scores are Audit: 2; Board: 10; Shareholder Rights: 9; Compensation: 9.

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.