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Last $15.77 USD
Change Today +0.02 / 0.13%
Volume 722.0
As of 12:13 PM 07/28/15 All times are local (Market data is delayed by at least 15 minutes).

old line bancshares inc (OLBK) Snapshot

Open
$16.00
Previous Close
$15.75
Day High
$16.00
Day Low
$15.75
52 Week High
06/18/15 - $17.00
52 Week Low
08/4/14 - $13.58
Market Cap
167.4M
Average Volume 10 Days
13.9K
EPS TTM
$0.86
Shares Outstanding
10.6M
EX-Date
06/10/15
P/E TM
18.3x
Dividend
$0.20
Dividend Yield
1.27%
Current Stock Chart for OLD LINE BANCSHARES INC (OLBK)

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old line bancshares inc (OLBK) Details

Old Line Bancshares, Inc. operates as the bank holding company for Old Line Bank that provides commercial banking products and services to small and medium size businesses, entrepreneurs, professionals, consumers, and high net worth clients. It accepts various deposit products, including demand, NOW, money market, and savings accounts, as well as certificates of deposit. The company also offers lending products comprising commercial and industrial loans, such as lines of credit, revolving credit facilities, accounts receivable financing, term loans, equipment loans, small business administration loans, standby letters of credit, and unsecured loans; commercial real estate loans; consumer oriented residential real estate loans that consist of funds advanced for the construction of single family residences, multi-family housing, and pre-sold homes; home equity loans and home improvement loans; land acquisition and development loans; and secured and unsecured consumer installment loans. In addition, it provides safe deposit boxes, wire transfer services, debit cards, prepaid cards, automated teller machine services, credit cards, and Internet and mobile banking services; and investment services, including investment management, estate and succession planning, and brokerage services. Further, the company provides commercial account services which comprise direct deposit of payroll, overnight sweep services, lockbox services, and remote deposit capture services. As of April 15, 2015, it had 19 branches in Washington, D.C. suburbs and Southern Maryland. The company was founded in 1989 and is headquartered in Bowie, Maryland.

213 Employees
Last Reported Date: 03/11/15
Founded in 1989

old line bancshares inc (OLBK) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $490.0K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $125.0K
Chief Operating Officer, Principal Accounting...
Total Annual Compensation: $260.0K
Chief Lending Officer, Executive Vice Preside...
Total Annual Compensation: $235.0K
Executive Vice President, Chief Credit Office...
Total Annual Compensation: $200.0K
Compensation as of Fiscal Year 2014.

old line bancshares inc (OLBK) Key Developments

Old Line Bancshares Inc. to Report Q2, 2015 Results on Jul 16, 2015

Old Line Bancshares Inc. announced that they will report Q2, 2015 results on Jul 16, 2015

Old Line Bancshares Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Reports Net Charge Offs for the Second Quarter Ended June 30, 2015

Old Line Bancshares Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total interest income of $12,352,454 against $11,617,038 a year ago. Net interest income was $11,171,187 against $10,611,481 a year ago. Net interest income after provision for loan losses was $11,085,529 against $9,067,201 a year ago. Income before income taxes was $3,796,969 against $2,443,429 a year ago. Net income available to common stockholders was $2,600,920 against $1,769,336 a year ago. Earnings per diluted share were $0.24 against $0.16 a year ago. The increase in net income is primarily the result of a $560,000 increase in net interest income and a $1,500,000 decrease in the provision for loan losses, partially offset by a decrease of $323,000 in non-interest income and a $342,000 increase in non-interest expenses. ROAA and ROAE were 0.80% and 7.58%, respectively, compared to ROAA and ROAE of 0.60% and 5.46%, respectively, for the second quarter of 2014. For the six months, the company reported total interest income of $24,860,031 against $22,988,908 a year ago. Net interest income was $22,633,091 against $20,970,772 a year ago. Net interest income after provision for loan losses was $21,985,702 against $19,156,723 a year ago. Income before income taxes was $7,837,437 against $4,948,533 a year ago. Net income available to common stockholders was $5,355,073 against $3,605,091 a year ago. Earnings per diluted share were $0.49 against $0.33 a year ago. The increase in net income is primarily the result of increases of $17,000 in net interest income and $57,000 in non-interest income and decreases of $1,200,000 in the provision for loan losses and $3,000 in non-interest expenses. ROAA and ROAE were 0.85% and 7.82%, respectively compared to ROAA and ROAE of 0.62% and 5.70%, respectively, for the six months ending June 30, 2014. Net interest income increased for the three and six month periods ending June 30, 2015 compared to the same periods in 2014 primarily due to increases in the interest recognized on loans offsetting the increases in interest expense. For the second quarter ended June 30, 2015, the company reported acquired loans net charge offs of $34,000 against $4,000 a year ago.

Old Line Bancshares Inc.(NasdaqCM:OLBK) dropped from Russell 2000 Index

Old Line Bancshares Inc. will be removed from Russell 2000 Index

 

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OLBK Competitors

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Company Last Change
ACNB Corp $20.41 USD -0.001
Oneida Financial Corp $20.63 USD 0.00
Penns Woods Bancorp Inc $43.81 USD -0.49
Republic First Bancorp Inc $3.63 USD +0.08
Shore Bancshares Inc $9.66 USD -0.0899
View Industry Companies
 

Industry Analysis

OLBK

Industry Average

Valuation OLBK Industry Range
Price/Earnings 19.3x
Price/Sales 3.5x
Price/Book 1.2x
Price/Cash Flow 18.8x
TEV/Sales 0.9x
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