8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 29, 2014

Old Line Bancshares, Inc.

(Exact name of registrant as specified in its charter)

Maryland	000-50345	20-0154352
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

1525 Pointer Ridge Place
Bowie, Maryland	20716
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s Telephone Number, Including Area Code: 301-430-2500

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

____	Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
____	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CRF 240.14a-12)
____	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
____	Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e- 4(c))

Section 5-Corporate Governance and Management

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective April 29, 2014, the Boards of Directors of Old Line Bancshares, Inc. (the “Registrant”) and its wholly-owned subsidiary, Old Line Bank, appointed Elise M. Hubbard as Chief Financial Officer. Ms. Hubbard, 41, has held various positions at the Bank since 2006, including Senior Vice President, Vice President, Assistant Vice President, Senior Accountant and Accounting Administrator.  She holds a B.S. in Accounting with minors in Business Management and Human Resources from the University of Maryland.

Ms. Hubbard is an at-will employee with a current annual salary of $125,000.  She is entitled to participate in any health and other benefit programs generally offered to Old Line Bank’s employees.

Ms. Hubbard assumes the Chief Financial Officer role from Mark Semanie who had served as Acting Chief Financial Officer since May 2013. Mr. Semanie will remain in his positions as Executive Vice President and Chief Operating Officer.

The press release announcing Mr. Miller’s appointment is attached as exhibit 99.1 hereto.

Section 9 – Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

The following exhibit is filed herewith:

99.1   Press Release dated May 2, 2014.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	OLD LINE BANCSHARES, INC.
Date:  May 2, 2014	By:	/s/ Mark A. Semanie
		Mark A. Semanie, Chief Operating Officer

EX-99.1

Exhibit 99.1

PRESS RELEASE	OLD LINE BANCSHARES, INC.
FOR IMMEDIATE RELEASE	CONTACT: JAMES W. CORNELSEN
May 2, 2014	PRESIDENT AND CHIEF EXECUTIVE OFFICER
	(301) 430-2530

Old Line Bancshares Appoints John Miller Executive Vice President, Chief Credit Officer and Elise M. Hubbard as Chief Financial Officer

Company Release –05/02/2014

BOWIE, MD, May 2, 2014 -- James W. Cornelsen, President and Chief Executive Officer of Old Line Bancshares, Inc. (NASDAQ:OLBK), announced the appointment of John Miller as Executive Vice President, Chief Credit Officer.

Miller has spent over 30 years in the banking, real estate and construction lending industry, holding various management and lending positions. He began his career at First National Bank of Maryland and subsequently held senior level positions with several other financial institutions in the region. Miller has worked for the Old Line for two years and served as Senior Vice President in the lending management team overseeing special assets.

“Old Line Bank is pleased to have John as part of its executive management team. John’s experience in commercial banking, real estate development and special assets will serve the Bank, and our customers, as we continue to make strategic moves to achieve our growth objectives,” stated James W. Cornelsen, President and Chief Executive Officer.

Mr. Cornelsen has also announced the appointment of Elise M. Hubbard as Chief Financial Officer of Old Line Bancshares, Inc. and its wholly-owned subsidiary, Old Line Bank. In this position, Ms. Hubbard will be responsible for oversight of the company’s and the bank’s accounting and finance functions.

Ms. Hubbard brings 17 years of accounting and management experience, including 11 years in the commercial banking industry. Ms. Hubbard has worked for Old Line for a total of eight years and has served as Senior Vice President of Accounting since 2013.

President and Chief Executive Officer, James W. Cornelsen stated, “Elise’s growth within the organization has been serving Old Line Bank well and we are happy to have her take on the responsibilities of CFO. I have confidence in her ability to lead our financial operations.”

Ms. Hubbard holds a Bachelor of Science degree in Accounting with minors in Business Management and Human Resources from the University of Maryland. She is a native and resident of Charles County.

Old Line Bancshares, Inc. is the parent company of Old Line Bank, a Maryland chartered commercial bank headquartered in Bowie, Maryland, approximately 10 miles east of Andrews Air Force Base and 20 miles east of Washington, D.C. Old Line Bank has 23 branches located in its primary market area of suburban Maryland (Washington, D.C. suburbs and Southern Maryland) counties of Anne Arundel, Calvert, Charles, Prince George's and St. Mary's. It also targets customers throughout the greater Washington, D.C. metropolitan area.