Old Line Bancshares, Inc. (NASDAQ:OLBK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Old Line Bancshares, Inc. (NASDAQ:OLBK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(b) On February 23, 2017, G. Thomas Daugherty informed Craig E. Clark, the Chairman of the Board of Directors of Old Line Bancshares, Inc. (the “Company”) and Old Line Bank (the “Bank”), that he intends to retire from the Boards of Directors of the Company and the Bank when his current term as a director ends at the Company’s annual meeting of stockholders to be held in 2017. Mr. Daugherty’s decision to retire is not in connection with any disagreement with the Company, the Bank or its management.
About Old Line Bancshares, Inc. (NASDAQ:OLBK)
Old Line Bancshares, Inc. is the holding company of Old Line Bank (The Bank). The Bank is a chartered trust company engaged in commercial banking business, making various types of loans, investments and accepting deposits. It markets its financial services to small to medium sized businesses, entrepreneurs, professionals, consumers and clients. The Bank, through its division Old Line Financial Services, provides retirement planning and products, as well as investment services. Its lending activities consists of short to medium term commercial business loans, commercial real estate loans, real estate construction loans, home equity loans and consumer installment loans, both secured and unsecured. The Bank monitors its investment portfolio and it usually classifies investments in the portfolio as available for sale. It offers a range of deposit products that include demand, negotiable order of withdrawal (NOW), money market and savings accounts, as well as certificates of deposit. Old Line Bancshares, Inc. (NASDAQ:OLBK) Recent Trading Information
Old Line Bancshares, Inc. (NASDAQ:OLBK) closed its last trading session up +0.03 at 28.66 with 14,588 shares trading hands.
Old Line Bancshares, Inc. is the holding company of Old Line Bank (The Bank). The Bank is a chartered trust company engaged in commercial banking business, making various types of loans, investments and accepting deposits. It markets its financial services to small to medium sized businesses, entrepreneurs, professionals, consumers and clients. The Bank, through its division Old Line Financial Services, provides retirement planning and products, as well as investment services. Its lending activities consists of short to medium term commercial business loans, commercial real estate loans, real estate construction loans, home equity loans and consumer installment loans, both secured and unsecured. The Bank monitors its investment portfolio and it usually classifies investments in the portfolio as available for sale. It offers a range of deposit products that include demand, negotiable order of withdrawal (NOW), money market and savings accounts, as well as certificates of deposit. Old Line Bancshares, Inc. (NASDAQ:OLBK) Recent Trading Information
Old Line Bancshares, Inc. (NASDAQ:OLBK) closed its last trading session up +0.03 at 28.66 with 14,588 shares trading hands.
