WesBanco, Inc. and Old Line Bancshares, Inc. Announce Regulatory Approvals for Pending Merger WHEELING, W.Va., Nov. 14, 2019 (GLOBE NEWSWIRE) -- WesBanco, Inc. (“WesBanco”) (Nasdaq:WSBC), a diversified, multi-state bank holding company to WesBanco Bank, Inc., and Old Line Bancshares, Inc. (“Old Line”) (Nasdaq:OLBK), the parent company of Old Line Bank, a Maryland-chartered trust company with the powers of a commercial bank, jointly announced today that they have received all necessary regulatory approvals for the pending merger between WesBanco and Old Line whereby WesBanco will acquire O...
Old Line Bancshares, Inc. Reports Net Income of $9.2 Million for the Quarter Ended September 30, 2019 BOWIE, Md., Oct. 23, 2019 (GLOBE NEWSWIRE) -- Old Line Bancshares, Inc. (“Old Line Bancshares” or the “Company”) (Nasdaq: OLBK), the parent company of Old Line Bank (the “Bank”), reports net income increased $919 thousand, or 11.12%, to $9.2 million for the three months ended September 30, 2019, compared to $8.3 million for the three-month period ended September 30, 2018. Earnings were $0.54 per basic and diluted common share for the three months ended September 30, 2019, compared to $0....
A director at Old Line Bancshares Inc sold 12,500 shares at 28.565USD and the significance rating of the trade was 51/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years...
Old Line Bancshares, Inc. Reports Net Income of $8.9 Million for the Quarter Ended June 30, 2019 BOWIE, Md., July 23, 2019 (GLOBE NEWSWIRE) -- Old Line Bancshares, Inc. (“Old Line Bancshares” or the “Company”) (Nasdaq: OLBK), the parent company of Old Line Bank (the “Bank”), reports net income increased $6.2 million, or 226.95%, to $8.9 million for the three months ended June 30, 2019, compared to $2.7 million for the three-month period ended June 30, 2018. Earnings were $0.52 per basic and diluted common share for the three months ended June 30, 2019, compared to $0.17 per basic and dil...
Old Line Bank to Host Family Fun Event During Celebrate Damascus Festival Bank Carries on 16-Year Cherished Tradition with Free Food, Games and More BOWIE, Md., July 12, 2019 (GLOBE NEWSWIRE) -- For 24 years, the Celebrate Damascus festival has delighted residents from surrounding communities. This year, Old Line Bank is proud to return for the third straight year as a host for the festival’s beloved Family Fun event, taking place on July 13 from 10 a.m. to 3 p.m. at the Bank’s 26500 Ridge Road location. Marked as site #18 on the official festival map, and one of six Tram stops, Old Li...
Old Line Bank Awards Scholarships to Four Local High School Seniors Annual Awards Continue Nearly 25 Year Tradition of Supporting the Leaders of Tomorrow BOWIE, Md., June 20, 2019 (GLOBE NEWSWIRE) -- Old Line Bank, the leading community bank in Maryland celebrating 30 years in business, has awarded scholarships to four local high school seniors. Damascus High School seniors Faith Busche and James Petrolle were named recipients of the Larry L. Moxley Memorial Scholarship; and Damascus High School senior Jenna Marella and Oakdale High School senior Aiden Peduzzi were named recipients of t...
Old Line Bancshares, Inc. Reports Net Income of $8.5 Million, a 40% Increase, for the Quarter Ended March 31, 2019 BOWIE, Md., April 24, 2019 (GLOBE NEWSWIRE) -- Old Line Bancshares, Inc. (“Old Line Bancshares” or the “Company”) (Nasdaq: OLBK), the parent company of Old Line Bank (the “Bank”), reports net income increased $2.4 million, or 40.21%, to $8.5 million for the three months ended March 31, 2019, compared to $6.1 million for the three month period ended March 31, 2018. Earnings were $0.50 per basic and diluted common share for the three months ended March 31, 2019, compared to $0...
Old Line Bank’s James Cornelsen To Be Inducted Into The Maryland Chamber of Commerce’s 2019 Business Hall of Fame BOWIE, Md., April 05, 2019 (GLOBE NEWSWIRE) -- Old Line Bank’s President and CEO, James W. Cornelsen, will be inducted to the Maryland Chamber of Commerce’s Business Hall of Fame on May 7th at the MGM National Harbor. He is one of two inductees this year who were nominated by their peers at the chamber and voted in by the Executive Committee. Mr. Cornelsen has over 40 years of commercial banking experience and joined Old Line Bank as President, Chief Executive Officer and B...
Old Line Bancshares Appoints William J. Bush as Executive Vice President of Commercial Lending BOWIE, Md., March 04, 2019 (GLOBE NEWSWIRE) -- James W. Cornelsen, President and Chief Executive Officer of Old Line Bancshares, Inc. (NASDAQ: OLBK) and parent company to Old Line Bank, today announced the appointment of William “Bill” J. Bush as Executive Vice President of Commercial Lending for the Northern Tier of the Old Line Bank footprint. Bush has spent over 30 years in the banking industry holding various management and lending positions in addition to holding a Certified Public Accoun...
Old Line Bancshares, Inc. Increases Quarterly Cash Dividend Twenty Percent BOWIE, Md., March 04, 2019 (GLOBE NEWSWIRE) -- On February 27, 2019 the Board of Directors of Old Line Bancshares, Inc. (Nasdaq: OLBK), the parent company of Old Line Bank (the “Bank”), declared a first quarter dividend of $0.12, a $0.02 or 20.0% increase over the fourth quarter of $0.10 per share. The company will pay the dividend on March 29, 2019 to stockholders of record as of March 15, 2019. "We are proud to share our strong financial and operating performance with our shareholders through an increased divide...
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