Old Line Bank in Bowie, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches

Old Line Bank - Overview

  • General
  • FDIC Certificate #: 27599
    Status: Active
    Federal Reserve ID: 1401387
    Bank Holding Company (Regulatory Top Holder): Old Line Bancshares, Inc. (RSSDID: 3200221, Location: Bowie, MD)
    Date Established: September 28, 1989
    WWW: http://www.oldlinebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 19 (Domestic: 19, Interstate: No)
    FDIC's unique #: 40432
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: September 28, 1989
    Last Structure Change Effective Date: April 01, 2011
    Last Structure Change Process Date: April 12, 2011
    Last Data Update: April 12, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1525 Pointer Ridge Place, Bowie, MD 20716
    County: Prince George's
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Baltimore
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Washington, DC-MD-VA-WV (#8840)
    Consolidated Metropolitan Statistical Area (CMSA): Washington-Baltimore, DC-MD-VA-WV (#97)
    Combined Statistical Area (CSA): Washington-Baltimore-Northern Virginia, DC-MD-VA-WV (#548)
    Core Based Statistical Area (CBSA): Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    CBSA Metro Statistical Area: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    Core Based Statistical Division: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47894)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $803.6 mil
    Equity capital: $66.6 mil
    Deposits held in domestic offices: $691.2 mil
    Return on assets (ROA): 0.96% ($7.7 mil)
    Quarterly return on assets: 1.08% ($8.7 mil)
    Return on Equity (ROE): 11.29% ($7.6 mil)
    Quarterly return on equity: 12.94% ($8.7 mil)
    Net income: $6.0 mil
    Quarterly Net income: $2.1 mil
    Pretax return on assets: 1.31% ($10,526.6 mil)
    Quarterly Pretax return on assets: 1.23% ($9,883.8 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 160Total employees (full-time equivalent)
  • $803,561Total assets
  • $43,553Cash and due from depository institutions
  • $25,799Interest-bearing balances
  • $161,785Securities
  • $83Federal funds sold & reverse repurchase agreements
  • $539,298Net loans & leases
  • $3,741Loan loss allowance
  • $0Trading account assets
  • $15,387Bank premises and fixed assets
  • $4,005Other real estate owned
  • $4,560Goodwill and other intangibles
  • $803,561Life insurance assets
  • $34,890All other assets
  • $736,985Total liabilities and capital
  • $691,164Total liabilities
  • $520,665Total deposits
  • $691,164Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 20888.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $17,785Trading liabilities
  • $0Other borrowed funds
  • $7,148Subordinated debt
  • $66,576All other liabilities
  • $66,576Total equity capital
  • $66,576Total bank equity capital
  • $0Perpetual preferred stock
  • $5,856Common stock
  • $45,918Surplus
  • $14,802Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,863Income earned, not collected on loans
  • $0Earning assets
  • $2,471Long-term assets (5+ years)
  • $726,965Average Assets, year-to-date
  • $313,506Average Assets, quarterly
  • $625,725Volatile liabilities
  • $791,142Insider loans
  • $570,613FHLB advances
  • $779,347Loans and leases held for sale
  • $16,417Unused loan commitments
  • $9,407Tier 1 (core) risk-based capital
  • $60,334Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $7,010Total unused commitments
  • $81,559Restructured Loans and leases
  • $2,125Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $32,315Total interest income
  • $4,821Total interest expense
  • $27,494Net interest income
  • $1,800Provision for loan and lease losses
  • $2,395Total noninterest income
  • $0Fiduciary activities
  • $884Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,511Additional noninterest income
  • $20,034Total noninterest expense
  • $10,228Salaries and employee benefits
  • $3,495Premises and equipment expense
  • $6,311Additional noninterest expense
  • $8,055Pre-tax net operating income
  • $140Securities gains (losses)
  • $2,178Applicable income taxes
  • $6,017Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,017Net income attributable to bank
  • $0Net charge-offs
  • $6,017Cash dividends
  • $527Sale, conversion, retirement of capital stock, net
  • $821Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.65%Yield on earning assets
  • 0.84%Cost of funding earning assets
  • 4.81%Net interest margin
  • 0.42%Noninterest income to earning assets
  • 3.50%Noninterest expense to earning assets
  • 0.95%Net operating income to assets
  • 0.96%Return on assets (ROA)
  • 1.31%Pretax return on assets
  • 11.29%Return on equity (ROE)
  • 9.75%Retained earnings to average equity (YTD only)
  • 0.12%Net charge-offs to loans
  • 341.56%Credit loss provision to net charge-offs
  • 18.70%Efficiency ratio
  • 65,074Assets per employee
  • 5.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 13.64%Loss allowance to loans
  • 0.69%Loss allowance to noncurrent loans
  • 63.81%Noncurrent assets plus other real estate owned to assets
  • 1.23%Noncurrent loans to loans
  • 1.08%Net loans and leases to deposits
  • 78.03%Net loans and leases to core deposits
  • 93.81%Equity capital to assets
  • 8.29%Core capital (leverage) ratio
  • 7.74%Tier 1 risk-based capital ratio
  • 10.57%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $625,725Average earning assets
  • $53,311Average equity
  • $572,103Average loans

List of branches

  • 19 Maryland Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    040432Old Line Bank1525 Pointer Ridge Place, Bowie, MD 20716September 28, 1989Full Service Brick and Mortar
    1262331Accokeek Branch15808 Livingston Road, Accokeek, MD 20607December 29, 1995Full Service Brick and Mortar
    2262332Old Line Center Branch12080 Old Line Center, Waldorf, MD 20602July 12, 1999Full Service Brick and Mortar
    3419879Clinton Branch7801 Branch Avenue, Clinton, MD 20735September 11, 2002Full Service Brick and Mortar
    5455242Crain Highway Branch2995 Crain Highway, Waldorf, MD 20601July 12, 2006Full Service Brick and Mortar
    6466476Greenbelt Branch6301 Ivy Lane, Greenbelt, MD 20770May 29, 2007Full Service Brick and Mortar
    7479319College Park Office Branch9658 Baltimore Avenue Suite 101, College Park, MD 20740March 04, 2008Full Service Brick and Mortar
    8493436Annapolis Branch167 Jennifer Road Suite U, Annapolis, MD 21401September 15, 2008Full Service Brick and Mortar
    9493840Crofton Branch1641 Md Rte 3 North #109, Crofton, MD 21114June 29, 2009Full Service Brick and Mortar
    10496419Fairwood Branch12100 Annapolis Rd, Suite 1, Glenn Dale, MD 20769October 13, 2009Full Service Brick and Mortar
    1112037Lexington Park Branch46930 South Shangri La Drive, Lexington Park, MD 20653November 30, 1959Full Service Brick and Mortar
    12243946Bryans Road Branch7175 Indian Head Highway, Bryans Road, MD 20616July 20, 1964Full Service Brick and Mortar
    13243947Waldorf Branch3135 Leonardtown Road, Waldorf, MD 20601November 05, 1963Full Service Brick and Mortar
    14243948Fort Washington Branch12740 Old Fort Road, Fort Washington, MD 20744July 30, 1973Full Service Brick and Mortar
    15243949East Charles Street Branch6680 Crain Highway, La Plata, MD 20646March 19, 1974Full Service Brick and Mortar
    16243950California BranchMd Route 235 & Chancellor's Run Road, California, MD 20619April 08, 1985Full Service Brick and Mortar
    17243951Solomons Branch80 Holiday Drive, Solomons, MD 20688Febuary 17, 1998Full Service Brick and Mortar
    18243952Prince Frederick BranchChapline Place And Maryland Routes 2 And 4, Prince Frederick, MD 20678August 16, 1999Full Service Brick and Mortar
    20453353Callaway Branch20990 Point Lookout Road, Callaway, MD 20620August 08, 2005Full Service Brick and Mortar

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