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Christine Rush announced plans to retire as the $855 million-asset company's CFO on May 10, Old Line disclosed in a Friday filing with the Securities and Exchange Commission.
March 8 -
The $133 million-asset Jefferson Bancorp said Monday that it had acquired 10 branches from Carrollton that will operate under the Bay Bank name. The company has $480 million in assets and 22 branches around Baltimore.
April 22 -
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 (OLBK) in Bowie, Md., has appointed a chief operating officer to help manage its recent growth.
Mark Semanie has been named COO and interim chief financial officer, the $1.1 billion-asset company said Monday. Old Line had not had a COO previously, Semanie said. The former CFO, Christine Rush,
Semanie joined Old Line at the end of January from Carrollton Bank in Columbia, Md., where he was CFO. Carrollton was
Old Line decided to bring on a COO after tripling in size in slightly more than two years, Semanie said.
Also on Monday, Old Line announced the completion of its $54.7 million cash-and-stock purchase of WSB Holdings, also based in Bowie. The companies
Moreover, it announced three other hires Monday: Thomas Mee as head of loan production for Montgomery and Howard counties, Kevin Frere as senior vice president of loan production for Calvert and St. Mary's counties and David Seyler as director of cash management and corporate deposit services.
