0001558370-15-002747.txt : 20151125 0001558370-15-002747.hdr.sgml : 20151125 20151125120913 ACCESSION NUMBER: 0001558370-15-002747 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20151124 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20151125 DATE AS OF CHANGE: 20151125 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OLD LINE BANCSHARES INC CENTRAL INDEX KEY: 0001253317 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 200154352 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-50345 FILM NUMBER: 151255128 BUSINESS ADDRESS: STREET 1: 1525 POINTER RIDGE PLACE CITY: BOWIE STATE: MD ZIP: 20716 BUSINESS PHONE: 3014302544 MAIL ADDRESS: STREET 1: 1525 POINTER RIDGE PLACE CITY: BOWIE STATE: MD ZIP: 20716 8-K 1 olbk-20151124x8k.htm 8-K olbk_Current folio_8K dividend 121115

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): November 24, 2015

 

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 7-Regulation FD

 

Item 7.01 Regulation FD Disclosure

 

On November 24, 2015, the Board of Directors of Old Line Bancshares, Inc. declared a dividend payment of $0.06 per common share to stockholders of record on December 11, 2015 with a payment date of December 28, 2015.

Section 9 – Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits.

Exhibit 99.1.Press release dated November 25, 2015

 

 

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: November 25, 2015

By:  /s/Mark A. Semanie

 

Mark A. Semanie, Executive Vice President and Chief  Operating Officer

 

2

EX-99.1 2 olbk-20151124ex9914e65a7.htm EX-99.1 olbk_Ex99_1 dividend increase nov15

EXHIBIT 99.1

 

PRESS RELEASEOLD LINE BANCSHARES, INC.

FOR IMMEDIATE RELEASECONTACT: Mark Semanie

November 25, 2015(301) 430-2508

 

 

Old Line Bancshares, Inc. Increases Quarterly Cash Dividend Twenty Percent

 

BOWIE, Md.-On November 24, 2015, the Board of Directors of Old Line Bancshares, Inc. (Nasdaq: OLBK) declared a fourth quarter cash dividend of $0.06 per common share, a $0.01 (20.0%) increase over the third quarter cash dividend of $0.05 per share. The company will pay the dividend on December 28, 2015 to stockholders of record as of December 11, 2015.  “We are pleased that our profitability and capital strength allows us to reward our shareholders with an increased dividend and an increasing stock price. We continue to generate strong growth while also managing expenses resulting in improved earnings per share,” said James W. Cornelsen, President and Chief Executive Officer of Old Line Bancshares.

 

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 20 branches located in its primary market area of suburban Maryland (Washington, D.C. suburbs and Southern Maryland) counties of Anne Arundel, Calvert, Charles, Montgomery, Prince George's and St. Mary's. It also targets customers throughout the greater Washington, D.C. metropolitan area and will begin serving the Baltimore suburbs of Baltimore County and Carroll County on December 5, 2015 with the completion of its previously announced merger with Regal Bancorp, Inc.