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Old Line Bancshares in Bowie, Md., has appointed Mark Semanie as its chief operating officer to help manage its recent growth.
May 13 -
Maryland bankers should team up and stop selling out to big, out-of-state players, says Old Line Bancshares' James Cornelsen. The choices they face say a lot about the options available to bankers across the country.
September 11 -
Old Line Bancshares has agreed to buy WSB Holdings in a deal that will combine two banks based in Bowie, Md.
September 10
Old Line Bancshares (OLBK) in Bowie, Md., has raised $12 million through a private placement.
The $1.1 billion-asset company announced Monday that it sold more than 925,000 shares at $13 each. The stock was trading at $13.45 Monday morning.
Old Line said it plans to use the proceeds for general corporate purposes. "Our success in raising this capital is a result of our investors' confidence in our ability to grow opportunistically and profitably," James Cornelsen, Old Line's chief executive, said in a press news release.
Earlier this year, Old Line
