Old Line Bancs…
ProfileJobs (7)

Old Line Bancshares

Suggest Edit
    • Financial ServicesInvestmentbanksbrokeragecommercial banksfinancial managementholding companyinvestment managementmobile appmoney transfer

    Old Line Bancshares 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 and offers commercial and industrial loans of different types. The Company also provides safe deposit boxes, wire transfer services, automated teller machine services, and Internet and mobile banking services. In addition, it offers debit, prepaid, and credit cards, commercial account services and investment services consisting of investment management, estate and succession planning, and brokerage services.

    Revenue(FY, 2017)
    $81.4 M
    Market capitalization(2019-01-17)
    $480.8 M
    Total Loans(Q2, 2017)
    $1.4 B

    Employee Rating

    3.1More
    TypePublic
    HQBowie, US
    Founded1989
    Size (employees)259 (est)+18%
    Websiteoldlinebank.com
    Old Line Bancshares was founded in 1989 and is headquartered in Bowie, US
    Report incorrect company information

    Viewing summary data as a guest

    Sign up for free to see all data

    Key People/Management at Old Line Bancshares

    James W. Cornelsen

    James W. Cornelsen

    President & Chief Executive Officer
    Elise M. Hubbard

    Elise M. Hubbard

    Executive Vice President and Chief Financial Officer
    Mark A. Semanie

    Mark A. Semanie

    Executive Vice President and Chief Operating Officer
    Jack G. Welborn

    Jack G. Welborn

    Executive Vice President and Chief Lending Officer
    Craig E. Clark

    Craig E. Clark

    Chairman
    Gregory S. Proctor

    Gregory S. Proctor

    Vice Chairman
    Show more

    Old Line Bancshares Office Locations

    Old Line Bancshares has an office in Bowie
    Bowie, US (HQ)
    1525 Pointer Ridge Pl
    Show all (1)
    Report incorrect company information

    Old Line Bancshares Financials and Metrics

    Old Line Bancshares Revenue

    Old Line Bancshares's revenue was reported to be $81.41 m in FY, 2017
    USD

    Revenue (Q3, 2018)

    		33.6m

    Gross profit (Q3, 2018)

    		27.7m

    Gross profit margin (Q3, 2018), %

    		82.5%

    EBIT (Q3, 2018)

    		24.6m

    Market capitalization (17-Jan-2019)

    		480.8m

    Closing stock price (17-Jan-2019)

    		28.3

    Cash (30-Sep-2018)

    		50.3m
    Old Line Bancshares's current market capitalization is $480.8 m.
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Revenue

    		44.3m45.6m58.3m68.7m81.4m

    Revenue growth, %

    		3%13%34%

    Cost of goods sold

    		4.9m7.5m11.5m

    Gross profit

    		53.4m61.2m69.9m
    Quarterly
    USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

    Revenue

    		13.9m14.9m16.1m17.2m17.5m18.5m19.0m21.6m23.1m31.4m33.6m

    Cost of goods sold

    		1.2m1.3m1.5m1.6m2.0m2.5m2.8m3.0m3.6m4.9m5.9m

    Gross profit

    		12.7m13.6m14.6m15.5m15.5m16.0m16.2m18.6m19.5m26.5m27.7m

    Gross profit Margin, %

    		91%92%90%90%89%87%85%86%84%84%83%
    show all
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Cash

    		29.1m25.4m43.7m23.5m35.2m

    Accounts Receivable

    		3.4m3.2m3.8m4.3m

    Inventories

    PP&E

    		35.2m34.3m36.2m36.7m41.2m
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

    Cash

    		51.0m54.4m30.2m42.8m38.8m41.9m30.6m35.6m33.6m30.2m28.5m26.5m34.5m88.5m66.5m50.3m

    PP&E

    		35.5m34.7m34.6m34.4m33.9m33.8m33.9m36.0m36.6m36.2m36.9m37.0m42.1m41.0m43.7m43.1m

    Goodwill

    		7.8m7.8m7.8m7.8m7.8m7.8m7.8m9.8m9.8m9.8m9.8m9.8m25.1m25.1m94.4m94.4m

    Total Assets

    		1.2b1.2b1.2b1.2b1.3b1.3b1.3b1.5b1.6b1.7b1.8b1.8b2.1b2.2b2.9b2.9b
    show all
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Net Income

    		7.7m7.1m10.5m13.2m16.0m

    Depreciation and Amortization

    		1.9m2.3m2.3m2.6m2.5m

    Inventories

    Accounts Payable

    		1.2k128.4k852.7k155.4k
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

    Net Income

    		3.4m1.8m3.6m5.3m2.7m5.3m8.5m2.1m5.3m8.8m4.0m7.9m10.1m6.1m8.8m17.1m

    Depreciation and Amortization

    		1.3m591.5k1.1m1.7m572.0k1.1m1.7m654.9k1.3m2.0m589.0k1.2m1.9m725.2k1.5m2.3m

    Accounts Payable

    		(308.0k)(22.8k)(34.9k)(23.1k)18.4k56.9k91.7k32.0k31.7k295.4k(487.1k)71.2k(448.7k)(366.1k)355.7k171.7k

    Cash From Operating Activities

    		11.4m1.4m3.0m6.9m(1.1m)6.2m13.9m9.7m12.6m18.3m7.7m922.4k14.2m
    show all
    USDY, 2018

    Financial Leverage

    		8.1 x
    Show all financial metrics

    Old Line Bancshares Operating Metrics

    Old Line Bancshares's Total Loans was reported to be $1.4b in Q2, 2017.
    FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

    Bank Branches

    		19 23 21

    Non-accrual Loans

    		$5.97 m$3.76 m$3.47 m$1.84 m$5.98 m$8.18 m$8.45 m$7.70 m$6.73 m$1.42 m$2.32 m

    Non-accrual Loans, units

    		17 15 18 8 37 40 41 37 36 10 13

    Total Loans

    		$926.57 m$963.71 m$1.01 b$1.04 b$1.15 b$1.18 b$1.24 b$1.29 b$1.36 b$1.42 b$1.45 b
    Show all operating metrics
    Report incorrect company information

    Competitors

    Camden National
    Business Products & Services - Public
    Pinnacle Financial Partners
    Financial Services - Public
    Westamerica
    Financial Services - Public
    United Bankshares
    Financial Services - Public
    Compare competitors

    Old Line Bancshares Online and Social Media Presence

    Embed Graph
    Report incorrect company information

    Old Line Bancshares Blogs

    January 03, 2019

    Old Line Bank Cybersecurity Expert featured in Baltimore Business Journal

    Erin Lyddane, operational risk manager with Old Line Bank, was featured in the December 28, 2018 issue of Baltimore Business... The post Old Line Bank Cybersecurity Expert featured in Baltimore Business Journal appeared first on Old Line Bank.
    November 16, 2018

    Old Line Bank Welcomes Veteran Loan Officer Dan Murtaugh

    Old Line Bancshares (NASDAQ: OLBK), the parent company of Old Line Bank, announces that Dan Murtaugh has joined the bank’s... The post Old Line Bank Welcomes Veteran Loan Officer Dan Murtaugh appeared first on Old Line Bank.
    October 23, 2018

    Old Line Bank 3rd Quarter Earnings Release

    Old Line Bancshares, Inc. reports $8.3 Million in net income available to common stockholders for the quarter ended September 30,... The post Old Line Bank 3rd Quarter Earnings Release appeared first on Old Line Bank.
    August 29, 2018

    Old Line Bank Now Offers SecurLOCK™ Equip for Added Card Security

    Bowie, Md. – August 29, 2018 Old Line Bank now offers the SecurLOCK™ Equip mobile app to consumers who desire... The post Old Line Bank Now Offers SecurLOCK™ Equip for Added Card Security appeared first on Old Line Bank.
    August 24, 2018

    Old Line Bank Fortifies Leadership Team with Three Senior Level Appointments

    Bowie, Md. – August 22, 2018 Old Line Bank, Maryland’s third largest independent commercial bank, today announced the strengthening of... The post Old Line Bank Fortifies Leadership Team with Three Senior Level Appointments appeared first on Old Line Bank.

    Old Line Bancshares Company Life and Culture

    Report incorrect company information
    Download PDF

     Old Line Bancshares Frequently Asked Questions

    • When was Old Line Bancshares founded?

      Old Line Bancshares was founded in 1989.

    • Who are Old Line Bancshares key executives?

      Old Line Bancshares's key executives are James W. Cornelsen, Elise M. Hubbard and Mark A. Semanie.

    • How many employees does Old Line Bancshares have?

      Old Line Bancshares has 259 employees.

    • What is Old Line Bancshares revenue?

      Latest Old Line Bancshares annual revenue is $81.4 m.

    • What is Old Line Bancshares revenue per employee?

      Latest Old Line Bancshares revenue per employee is $314.3 k.

    • Who are Old Line Bancshares competitors?

      Competitors of Old Line Bancshares include Camden National, Pinnacle Financial Partners and Westamerica.

    • Where is Old Line Bancshares headquarters?

      Old Line Bancshares headquarters is located at 1525 Pointer Ridge Pl, Bowie.

    • Where are Old Line Bancshares offices?

      Old Line Bancshares has an office in Bowie.

    • How many offices does Old Line Bancshares have?

      Old Line Bancshares has 1 office.