OLBK Profile
Old
Line Bancshares, Inc. (OLBK) is a bank holding company that provides
banking services to individuals and businesses in Maryland, Virginia,
and Washington, D.C. Here's an extended company report for Old Line
Bancshares, Inc.:
Old Line Bancshares, Inc. was founded in 1989
and is headquartered in Bowie, Maryland. The company operates as the
holding company for Old Line Bank, which provides a range of
commercial and retail banking services to customers in Maryland,
Virginia, and Washington, D.C. The bank offers various deposit
products, including checking accounts, savings accounts, money market
accounts, and certificates of deposit, as well as loans, mortgages,
and other financial services.
As of December 31, 2021, Old Line
Bancshares had total assets of approximately $4.6 billion and total
deposits of approximately $3.9 billion. The company operates through
39 branches located throughout Maryland, Virginia, and Washington,
D.C. Old Line Bank's lending activities are focused on commercial real
estate loans, commercial and industrial loans, residential mortgages,
and consumer loans.
Old Line Bancshares' mission is to provide
exceptional service to its customers and to be a valued member of the
communities it serves. The company's core values include integrity,
respect, accountability, teamwork, and community involvement. Old Line
Bank has received numerous awards for its commitment to customer
service and community involvement.
The company's stock is
traded on the NASDAQ Global Select Market under the ticker symbol
OLBK. As of March 18, 2023, the stock had a market capitalization of
approximately $634 million. The company has a dividend yield of
approximately 1.54% and has a long history of paying dividends to its
shareholders.
Old Line Bancshares faces a variety of risks,
including credit risk, interest rate risk, liquidity risk, and
operational risk. The company's ability to manage these risks
effectively will be important to its long-term success.
In
conclusion, Old Line Bancshares, Inc. is a bank holding company that
provides banking services to individuals and businesses in Maryland,
Virginia, and Washington, D.C. The company's focus on providing
exceptional service to its customers and being a valued member of the
communities it serves has helped it become a trusted provider of
banking and financial services. Old Line Bancshares faces a variety of
risks, and its ability to manage these risks effectively will be
important to its long-te
|
