Old Line Bancshares (OLBK) 16.06 $OLBK
Old Line Bancshares Appoints John Miller Executive Vice President, Chief Credit Officer and Elise M. Hubbard as Chief Financial Officer
GlobeNewswire - Fri May 02, 12:05PM CDT
James W. Cornelsen, President and Chief Executive Officer of Old Line Bancshares, Inc. (Nasdaq:OLBK), announced the appointment of John Miller as Executive Vice President, Chief Credit Officer.
Old Line Bancshares, Inc. Reports $1.8 Million in Net Income Available to Common Stockholders, a 42.70% Increase, for the First Quarter Ended March 31, 2014
GlobeNewswire - Fri Apr 18, 2:04PM CDT
Old Line Bancshares, Inc. (Nasdaq:OLBK), the parent company of Old Line Bank, reported net income available to common stockholders increased $549,300 or 42.70% to $1.8 million for the three months ended March 31, 2014, compared to net income of $1.3 million for the three months ended March 31, 2013. Earnings were $0.17 per basic and diluted common share, respectively, for the three months ended March 31, 2014 and $.19 per basic and diluted common share for the same period in 2013. The increase in net income is primarily the result of a $2.5 million increase in net interest income, offsetting an increase of $1.9 million in non-interest expense.
Book Profits With These 11 Community Banks
at The Street - Thu Mar 13, 1:50PM CDT
Investors should avoid Eagle Bancorp, Home Bancshares, Investors Bancorp, Bank of the Ozarks and Signature Bank .
Balanced Risk-Reward for PNC Financial - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Feb 20, 4:40PM CST
On Feb 18, 2014, we issued an updated research report on The PNC Financial Services Group. Inc.
Old Line Bancshares Hits New 52-Week High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Feb 10, 2:31PM CST
Shares of Old Line Bancshares Inc. crafted a new 52-week high, touching $17.64 in the beginning of the trading session on Feb 7
Old Line Bancshares, Inc. Reports Strong Organic Loan Growth of 22.65% for the Year and Increased Earnings of 157.9% for the Fourth Quarter Ended December 31, 2013
GlobeNewswire - Mon Jan 27, 5:06PM CST
Old Line Bancshares, Inc. (Nasdaq:OLBK), the parent company of Old Line Bank, reported net income available to common stockholders of $7.8 million for the year ended December 31, 2013. Net income increased $308,000 or 4.10% for the year, compared to net income of $7.5 million for the year ended December 31, 2012. Earnings were $0.87 and $0.86 per basic and diluted common share, respectively, for the year ended December 31, 2013 and $1.10 and $1.09, respectively, per basic and diluted common share in 2012. The increase in net income is primarily the result of a $6.9 million increase in net interest income and a $5.2 million increase in non-interest income, offsetting an increase of $10.9 million in non-interest expense. Non-interest income increased as a result of $3.4 million in gains on the sale of approximately $22.6 million of loans acquired in the Bank's two acquisitions.
Can Old Line Bancshares (OLBK) Continue to Rise? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Jan 22, 6:49AM CST
Can Old Line Bancshares (OLBK) Continue to Rise?
Nasdaq stocks posting largest volume increases
AP - Thu Jan 16, 5:02PM CST
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
Why You Shouldn't Bet Against Old Line Bancshares (OLBK) Stock - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Dec 26, 6:42AM CST
Old Line Bancshares is seeing solid earnings estimate revision activity and also enjoys great company from a Zacks Industry Rank perspective
Earnings Estimates Moving Higher for Old Line Bancshares Inc (OLBK): Time to Buy? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Dec 18, 6:25AM CST
Teaser Message: Old Line Bancshares could be an interesting play for investors, as it is seeing solid activity on the earnings estimate revision front.
Old Line Bancshares Hit 52-Week High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Dec 04, 11:12AM CST
Shares of Old Line Bancshares hit its 52-week high of $38.38 on Dec 3 on the back of solid third-quarter results and its efforts to strengthen its balance sheet.
Old Line Bancshares Adds New Board Member
GlobeNewswire - Thu Nov 21, 1:10PM CST
Old Line Bancshares, Inc. (Nasdaq:OLBK), the parent company of Old Line Bank, today announced that Thomas H. Graham, Vice President People Strategy and Human Resources for Pepco Holdings, Inc. (PHI) was appointed to its Board of Directors.
Old Line Bancshares, Inc. Disposes of Credit Impaired Loans Purchased in Its Past Merger Transactions
GlobeNewswire - Tue Nov 19, 11:30AM CST
Old Line Bancshares, Inc. (Nasdaq:OLBK), the parent company of Old Line Bank, announced that since September 30, 2013, it has disposed of approximately $22.6 million of loans acquired in the April 2011 merger with Maryland Bankcorp, Inc., the May 2013 merger with WSB Holdings, Inc. and the repurchase, from another bank, of a participation on one of the WSB Holdings, Inc. credit impaired loans. This disposal was accomplished through brokered sales transactions. The disposals included approximately $12.0 million of loans that were over 90 days past due.
Old Line Bancshares, Inc. Announces Approval of Class Action Settlement, no Award of Attorneys Fees to Class Counsel
GlobeNewswire - Wed Nov 13, 2:45PM CST
Old Line Bancshares, Inc. (Nasdaq:OLBK), the parent company of Old Line Bank, today announced that on November 12, 2013, the Circuit Court for Prince George's County, Maryland approved its previously-disclosed Stipulation of Settlement to resolve all claims asserted on behalf of a putative class of WSB Holdings, Inc. stockholders in connection with Old Line Bancshares, Inc.'s acquisition of WSB Holdings, Inc., which was completed on May 10, 2013. As previously disclosed, the settlement required Old Line Bancshares, Inc. and WSB Holdings, Inc. to make certain additional disclosures related to the merger, which disclosures were included in the joint proxy statement/prospectus of Old Line Bancshares, Inc. and WSB Holdings, Inc. previously sent to their respective stockholders, and does not include any payment to class members.
Old Line Bancshares, Inc. Announces Completion of Private Placement
GlobeNewswire - Mon Sep 16, 8:30AM CDT
Old Line Bancshares, Inc. (Nasdaq:OLBK), the parent company of Old Line Bank, today announced that it has completed the sale of 925,079 shares of its common stock at a price of $13.00 per share to accredited investors. Old Line Bancshares, Inc. has received proceeds of approximately $12.0 million after expenses as a result of the private placement. Old Line Bancshares, Inc. intends to use the proceeds of the offering for additional working capital and other general corporate purposes.
Faruqi & Faruqi, LLP Launches An Investigation Against Old Line Bancshares, Inc. (OLBK) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors
Business Wire - Tue Jul 30, 6:00PM CDT
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Old Line Bancshares, Inc. ("Old Line" or the "Company"
(NasdaqCM: OLBK) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders' approval for an amendment of the Company's 2010 Equity Incentive Plan.
Old Line Bancshares, Inc. Reports Strong Organic Growth in Addition to the Acquisition of WSB Holdings, Inc. During the Six Months Ended June 30, 2013
GlobeNewswire - Tue Jul 30, 3:08PM CDT
Old Line Bancshares, Inc. (Nasdaq:OLBK), the parent company of Old Line Bank, reported that total assets and net loans both increased by 33.1% while deposits increased by 35.4% for the six months ended June 30, 2013. The increases were attributable to strong organic growth as well as the completion of the previously announced merger with WSB Holdings, Inc. ("WSB". Net income decreased $2.1 million to a net loss of $84,285 for the three months ended June 30, 2013, compared to net income of $2.0 million for the three months ended June 30, 2012. Earnings were ($0.01) per basic and diluted common share for the three months ended June 30, 2013 and $0.30 and $0.29, respectively, per basic and diluted common share, for the same period in 2012. This decrease is primarily the result of $2.9 million of merger related expenses incurred during the second quarter of 2013. These merger related expenses were primarily related to legal fees, investment banking fees, severance and charges associated with the termination of WSB's core data processing contract. Earnings were $1.2 million for the six months ended June 30, 2013, compared with $3.8 million for the same six month period last year. Earnings were $0.16 and $0.15, respectively, per basic and diluted common share compared to $0.55 per basic and diluted share for the same period last year. As with the three month period, the decrease is primarily the result of an increase in non-interest expenses including merger related costs that totaled $3.0 million for the six month period as a result of merger with WSB.
Old Line Bancshares Appoints John Miller Executive Vice President, Chief Credit Officer and Elise M. Hubbard as Chief Financial Officer
GlobeNewswire - Fri May 02, 12:05PM CDT
James W. Cornelsen, President and Chief Executive Officer of Old Line Bancshares, Inc. (Nasdaq:OLBK), announced the appointment of John Miller as Executive Vice President, Chief Credit Officer.
Old Line Bancshares, Inc. Reports $1.8 Million in Net Income Available to Common Stockholders, a 42.70% Increase, for the First Quarter Ended March 31, 2014
GlobeNewswire - Fri Apr 18, 2:04PM CDT
Old Line Bancshares, Inc. (Nasdaq:OLBK), the parent company of Old Line Bank, reported net income available to common stockholders increased $549,300 or 42.70% to $1.8 million for the three months ended March 31, 2014, compared to net income of $1.3 million for the three months ended March 31, 2013. Earnings were $0.17 per basic and diluted common share, respectively, for the three months ended March 31, 2014 and $.19 per basic and diluted common share for the same period in 2013. The increase in net income is primarily the result of a $2.5 million increase in net interest income, offsetting an increase of $1.9 million in non-interest expense.
Book Profits With These 11 Community Banks
at The Street - Thu Mar 13, 1:50PM CDT
Investors should avoid Eagle Bancorp, Home Bancshares, Investors Bancorp, Bank of the Ozarks and Signature Bank .
Balanced Risk-Reward for PNC Financial - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Feb 20, 4:40PM CST
On Feb 18, 2014, we issued an updated research report on The PNC Financial Services Group. Inc.
Old Line Bancshares Hits New 52-Week High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Feb 10, 2:31PM CST
Shares of Old Line Bancshares Inc. crafted a new 52-week high, touching $17.64 in the beginning of the trading session on Feb 7
Old Line Bancshares, Inc. Reports Strong Organic Loan Growth of 22.65% for the Year and Increased Earnings of 157.9% for the Fourth Quarter Ended December 31, 2013
GlobeNewswire - Mon Jan 27, 5:06PM CST
Old Line Bancshares, Inc. (Nasdaq:OLBK), the parent company of Old Line Bank, reported net income available to common stockholders of $7.8 million for the year ended December 31, 2013. Net income increased $308,000 or 4.10% for the year, compared to net income of $7.5 million for the year ended December 31, 2012. Earnings were $0.87 and $0.86 per basic and diluted common share, respectively, for the year ended December 31, 2013 and $1.10 and $1.09, respectively, per basic and diluted common share in 2012. The increase in net income is primarily the result of a $6.9 million increase in net interest income and a $5.2 million increase in non-interest income, offsetting an increase of $10.9 million in non-interest expense. Non-interest income increased as a result of $3.4 million in gains on the sale of approximately $22.6 million of loans acquired in the Bank's two acquisitions.
Can Old Line Bancshares (OLBK) Continue to Rise? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Jan 22, 6:49AM CST
Can Old Line Bancshares (OLBK) Continue to Rise?
Nasdaq stocks posting largest volume increases
AP - Thu Jan 16, 5:02PM CST
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
Why You Shouldn't Bet Against Old Line Bancshares (OLBK) Stock - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Dec 26, 6:42AM CST
Old Line Bancshares is seeing solid earnings estimate revision activity and also enjoys great company from a Zacks Industry Rank perspective
Earnings Estimates Moving Higher for Old Line Bancshares Inc (OLBK): Time to Buy? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Dec 18, 6:25AM CST
Teaser Message: Old Line Bancshares could be an interesting play for investors, as it is seeing solid activity on the earnings estimate revision front.
Old Line Bancshares Hit 52-Week High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Dec 04, 11:12AM CST
Shares of Old Line Bancshares hit its 52-week high of $38.38 on Dec 3 on the back of solid third-quarter results and its efforts to strengthen its balance sheet.
Old Line Bancshares Adds New Board Member
GlobeNewswire - Thu Nov 21, 1:10PM CST
Old Line Bancshares, Inc. (Nasdaq:OLBK), the parent company of Old Line Bank, today announced that Thomas H. Graham, Vice President People Strategy and Human Resources for Pepco Holdings, Inc. (PHI) was appointed to its Board of Directors.
Old Line Bancshares, Inc. Disposes of Credit Impaired Loans Purchased in Its Past Merger Transactions
GlobeNewswire - Tue Nov 19, 11:30AM CST
Old Line Bancshares, Inc. (Nasdaq:OLBK), the parent company of Old Line Bank, announced that since September 30, 2013, it has disposed of approximately $22.6 million of loans acquired in the April 2011 merger with Maryland Bankcorp, Inc., the May 2013 merger with WSB Holdings, Inc. and the repurchase, from another bank, of a participation on one of the WSB Holdings, Inc. credit impaired loans. This disposal was accomplished through brokered sales transactions. The disposals included approximately $12.0 million of loans that were over 90 days past due.
Old Line Bancshares, Inc. Announces Approval of Class Action Settlement, no Award of Attorneys Fees to Class Counsel
GlobeNewswire - Wed Nov 13, 2:45PM CST
Old Line Bancshares, Inc. (Nasdaq:OLBK), the parent company of Old Line Bank, today announced that on November 12, 2013, the Circuit Court for Prince George's County, Maryland approved its previously-disclosed Stipulation of Settlement to resolve all claims asserted on behalf of a putative class of WSB Holdings, Inc. stockholders in connection with Old Line Bancshares, Inc.'s acquisition of WSB Holdings, Inc., which was completed on May 10, 2013. As previously disclosed, the settlement required Old Line Bancshares, Inc. and WSB Holdings, Inc. to make certain additional disclosures related to the merger, which disclosures were included in the joint proxy statement/prospectus of Old Line Bancshares, Inc. and WSB Holdings, Inc. previously sent to their respective stockholders, and does not include any payment to class members.
Old Line Bancshares, Inc. Announces Completion of Private Placement
GlobeNewswire - Mon Sep 16, 8:30AM CDT
Old Line Bancshares, Inc. (Nasdaq:OLBK), the parent company of Old Line Bank, today announced that it has completed the sale of 925,079 shares of its common stock at a price of $13.00 per share to accredited investors. Old Line Bancshares, Inc. has received proceeds of approximately $12.0 million after expenses as a result of the private placement. Old Line Bancshares, Inc. intends to use the proceeds of the offering for additional working capital and other general corporate purposes.
Faruqi & Faruqi, LLP Launches An Investigation Against Old Line Bancshares, Inc. (OLBK) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors
Business Wire - Tue Jul 30, 6:00PM CDT
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Old Line Bancshares, Inc. ("Old Line" or the "Company"
(NasdaqCM: OLBK) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders' approval for an amendment of the Company's 2010 Equity Incentive Plan. Old Line Bancshares, Inc. Reports Strong Organic Growth in Addition to the Acquisition of WSB Holdings, Inc. During the Six Months Ended June 30, 2013
GlobeNewswire - Tue Jul 30, 3:08PM CDT
Old Line Bancshares, Inc. (Nasdaq:OLBK), the parent company of Old Line Bank, reported that total assets and net loans both increased by 33.1% while deposits increased by 35.4% for the six months ended June 30, 2013. The increases were attributable to strong organic growth as well as the completion of the previously announced merger with WSB Holdings, Inc. ("WSB"
. Net income decreased $2.1 million to a net loss of $84,285 for the three months ended June 30, 2013, compared to net income of $2.0 million for the three months ended June 30, 2012. Earnings were ($0.01) per basic and diluted common share for the three months ended June 30, 2013 and $0.30 and $0.29, respectively, per basic and diluted common share, for the same period in 2012. This decrease is primarily the result of $2.9 million of merger related expenses incurred during the second quarter of 2013. These merger related expenses were primarily related to legal fees, investment banking fees, severance and charges associated with the termination of WSB's core data processing contract. Earnings were $1.2 million for the six months ended June 30, 2013, compared with $3.8 million for the same six month period last year. Earnings were $0.16 and $0.15, respectively, per basic and diluted common share compared to $0.55 per basic and diluted share for the same period last year. As with the three month period, the decrease is primarily the result of an increase in non-interest expenses including merger related costs that totaled $3.0 million for the six month period as a result of merger with WSB. 
