Website: N/A
Stock Symbol: NASDAQ: OLBK
Market Value: N/A (in millions)
Old Line Bancshares, Inc. was incorporated under the laws of the State of
Maryland on April 11, 2003 to serve as the holding company of Old Line Bank. The
primary business of Old Line Bancshares, Inc. is to own all of the capital stock
of Old Line Bank.
On May 22, 2003, the stockholders of Old Line Bank approved the
reorganization of Old Line Bank into a holding company structure. The
reorganization became effective at 12:01 a.m. on September 15, 2003. In
connection with the reorganization, (i) Old Line Bank became our wholly-owned
subsidiary and (ii) each outstanding share (or fraction thereof) of Old Line
Bank common stock was converted into one share (or fraction thereof) of Old Line
Bancshares, Inc. common stock, and the former holders of Old Line Bank common
stock became the holders of all our outstanding shares.
Our primary business is to own all of the capital stock of Old Line Bank.