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) January 8, 2010  

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)	(IRS Employer Identification No.)

1525 Pointer Ridge Place, Bowie, Maryland	20716
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code:   301-430-2544

________________________________________________________________________________
(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 communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
	[    ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 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))

Item 8.01. Other Events.

On January 8, 2010 the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

    Exhibit 99.1.       Press release dated January 8, 2010

SIGNATURE

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

	Old Line Bancshares, Inc. (Registrant)
January 8, 2010 (Date)	/s/   CHRISTINE M. RUSH Christine M. Rush Chief Financial Officer

Exhibit Index
99.1	Press release dated January 8, 2010

EX-99.1

EXHIBIT 99.1

Old Line Bank Expands Its Commercial Lending Team

BOWIE, Md., Jan. 8, 2010 (GLOBE NEWSWIRE) -- James W. Cornelsen, President and Chief Executive Officer of Old Line Bank, the wholly owned subsidiary of Old Line Bancshares, Inc. (Nasdaq:OLBK), announced that the bank has hired a team of four experienced, highly skilled loan officers and a Senior Loan Administrator. These individuals have over 50 combined years of commercial banking experience and were employed by a large regional bank where the team was established over 12 years ago to service the Prince George's County market. They have a history of successfully generating a high volume of commercial, construction and commercial real estate loans. This team operates from our Greenbelt, Maryland branch location. Mr. Cornelsen said, "At Old Line Bank we believe experience is our best asset. These individuals join u s with many years of experience and knowledge about the local community and we believe they are a valuable addition to our team."

Michael Ahearn, Senior Vice President, was previously the Senior Vice President and Commercial Lending Group Leader at The Columbia Bank in Greenbelt, Maryland. Before joining Columbia, Mike was a Commercial Lending Officer and Senior Credit Analyst at NationsBank. Mike has 18 years experience in commercial lending and was previously an instructor at the American Institute of Banking.

Jerome D. Smallwood, Vice President, was most recently employed as Vice President and Commercial Loan Officer at The Columbia Bank. Mr. Smallwood has an extensive banking background having served for over 20 years in commercial lending and in various management capacities for local community banks.

L. Katrice Simpson, Vice President, also has an extensive professional background. Prior to joining Old Line Bank's team, Ms. Simpson was a Vice President and Commercial Loan Officer at The Columbia Bank. During her 12 year banking career, she has earned successive promotions with local community banks.

Michael J. Consalvo, Vice President, was also a Vice President and Commercial Loan Officer at The Columbia Bank. With over 30 years of professional management experience in small and medium size banks, Mike has developed expertise in commercial lending and several other areas of banking.

Heather M. Young, Senior Loan Administrator, was a Senior Commercial Banking Administrator with The Columbia Bank where she worked with the Commercial Loan Officers providing customer service, management support and administration.

The statements in this press release that are not historical facts constitute "forward-looking statements" as defined by Federal Securities laws. Such statements are subject to risks and uncertainties that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. These statements can generally be identified by the use of forward-looking terminology such as "believes," "expects," "intends," "may," "will," "should," "anticipates", "plans" or similar terminology. Actual results could differ materially from those currently anticipated due to a number of factors, including, but not limited to: changes in interest rates and changes in economic, competitive, governmental, regulatory, technological or other factors that could affect Old Line Bancshares, Inc.'s business plans or competitive position or that otherwise require us to re-direct our focus and resources to other areas of our business than currently planned, whether they affect Old Line Banc shares, Inc. specifically or the banking industry generally. Forward-looking statements speak only as of the date they are made. Old Line Bancshares, Inc. will not update forward-looking statements to reflect factual assumptions, circumstances or events that have changed after a forward-looking statement was made. For further information regarding risks and uncertainties that could affect forward-looking statements Old Line Bancshares, Inc. may make, please refer to the filings made by Old Line Bancshares, Inc. with the U.S. Securities and Exchange Commission available at www.sec.gov

CONTACT:  Old Line Bancshares, Inc.
          Christine M. Rush, Chief Financial Officer
          (301) 430-2544