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Blue Chip Growth

Stock Report: "Old Line Bancshares, Inc." (OLBK) Report Updated: Nov 24, 2014 | Print This Page

Get more stock ratings by Louis Navellier

"Old Line Bancshares, Inc." (OLBK)

Rating: Hold Volatility: Conservative
Total Grade: C Industry: Banks
Competitors: LNBB, IBN, IBCA, SBBX

Stock Analysis

Rating: Monthly View

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Rating: Weekly View

This Week: C down downgrade
Last Week: B same no change
Two Weeks Ago: B up no change
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"Old Line Bancshares, Inc."© quotemedia

Company Profile

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 in Maryland. It offers various deposit products, including demand, negotiable order of withdrawal, money market, and savings accounts, as well as certificates of deposit. The company’s lending portfolio comprises short to medium term commercial business loans, including lines of credit, revolving credit facilities, accounts receivable financing, term loans, equipment loans, SBA loans, stand-by letters of credit, and unsecured loans; commercial real estate loans; real estate construction loans consisting of funds advanced for the construction of single family residences, multi-family housing, and commercial buildings; home equity loans and home improvement loans; secured and unsecured consumer installment loans; and personal and household loans. In addition, it offers safe deposit boxes, wire transfer services, debit cards, automated teller machine services, and credit cards, as well as provides Internet banking services. Further, Old Line Bancshares provides commercial account services, including direct deposit of payroll, an overnight sweep service, and remote deposit capture service. As of April 28, 2010, it operated one branch in Bowie, two branches in Waldorf, one branch in Annapolis, one branch in Crofton, and five additional branches in Prince George's County, Maryland. The company was founded in 1989 and is headquartered in Bowie, Maryland.

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