Old Line Bank is Gearing Up in Response to Continued Loan Growth
Senior Level Staff Promotions Have Been Announced
BOWIE, Md., July 02, 2018 (GLOBE NEWSWIRE) -- Old Line Bank’s loan portfolio continues to grow organically and with the addition of their recent mergers with Bay Bank and Damascus Community Bank, the Bank’s lending team has prided themselves with steady commercial real estate lending and low loss levels. After the two recent acquisitions and the addition of new lending talent, Old Line Bank recognized the need to expand their loan operations group in order to maintain the highest quality lending practices. On Wednesday, June 27, 2018; two senior level promotions were announced: Rori L. Bailey as Senior Vice President and Portfolio Risk Manager and Sammy K. Pulliam Jr. as Senior Vice President and Manager of Special Assets.
Rori Bailey, initially hired in 2014 as a Credit Analyst, was quickly asked to assist the Bank with the implementation of their CRE Segmentation Analysis, strengthen Old Line Bank’s Credit Stress Analysis and ALLL Analysis. All of which have proven effective to ensure the highest quality of loan growth in the Bank’s portfolio. Sammy Pulliam came to Old Line Bank in 2016 and has been instrumental in helping reduce the Bank’s NPA’s to their historically low level.
James W. Cornelsen, President and Chief Executive Officer of Old Line Bank said, “Our loan growth and asset quality speaks for itself. Rori Bailey and Sammy Pulliam have been great assets to our company and our organization has greatly benefited from their expertise and experience.”
Sammy Pulliam holds a Bachelor of Arts in Economics and Political Science from Vanderbilt University and received a Master of Business Administration, Finance and Strategy degree from Howard University. Ms. Bailey has a Bachelor of Science in Finance from the University of Maryland, a Master’s Degree in Real Estate Finance from Georgetown University and is a recent Stonier Graduate School of Banking grad with the Wharton School of Business.
About Old Line Bank
Old Line Bancshares (Nasdaq:OLBK) is the parent company of Old Line Bank, a Maryland chartered commercial bank headquartered in Bowie, Maryland, approximately 10 miles east of Andrews Air Force Base and 20 miles east of Washington, D.C. Old Line Bank has more than 35 branches located in its primary market area of suburban Maryland (Washington, D.C. suburbs, Southern Maryland and Baltimore suburbs) counties of Anne Arundel, Baltimore, Baltimore City, Calvert, Carroll, Charles, Frederick, Harford, Howard, Montgomery, Prince George’s and St. Mary’s. It also targets customers throughout the greater Washington, D.C. and Baltimore metropolitan areas.
Old Line Bank Contact:
James W. Cornelsen
President & Chief Executive Officer
(301)-430-2530
Photos accompanying this announcement are available at
