0001654954-17-005644.txt : 20170616 0001654954-17-005644.hdr.sgml : 20170616 20170616140234 ACCESSION NUMBER: 0001654954-17-005644 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170616 ITEM INFORMATION: Other Events FILED AS OF DATE: 20170616 DATE AS OF CHANGE: 20170616 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: 17915657 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 oldline8k_DCBmerger.htm PRIMARY DOCUMENT olbk_Current folio_8K dividend 121616
 

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): June 16, 2017
 
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))
 
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company    ☐
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐
 

 
 

Section 8-Other Events
 
Item 8.01 Other Events.
 
As previously announced, on February 1, 2017, Old Line Bancshares, Inc., a Maryland corporation (“Old Line”), entered into an Agreement and Plan of Merger with DCB Bancshares, Inc., a Maryland corporation (“DCBB”) and the parent company of Damascus Community Bank (“DCB”), pursuant to which DCBB will be merged with and into Old Line (the “Merger”). As previously disclosed, consummation of the Merger is subject to certain closing conditions, including the receipt of required regulatory approvals. Such approvals include approval of the Board of Governors of the Federal Reserve System (the “FRB”) and the Maryland Office of the Commissioner of Financial Regulation (the “Maryland Commissioner”) of the Merger and of the Federal Deposit Insurance Corporation (the “FDIC”) and the Maryland Commissioner for the merger of DCB into Old Line Bank (the “Bank Merger”). We received FRB approval for the Merger on May 2, 2017, FDIC approval of the Bank Merger as of June 8, 2017, and Maryland Commissioner approval of the Merger and the Bank Merger on June 15, 2017. Accordingly, all required regulatory approvals with respect to the Merger have now been received. Among other remaining conditions to closing, the Merger must be approved by the stockholders of DCBB, and a meeting of DCBB stockholders to vote on the Merger has been scheduled for June 28, 2017.
 
Important Additional Information.
 
This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. This report contains statements relating to a proposed merger between Old Line and DCBB that is the subject of proxy statement/prospectus included in an amendment to Old Line’s Registration Statement on Form S-4 filed with the Securities and Exchange Commission (the “SEC”) on May 8, 2017.
 
This report is not a substitute for the proxy statement/prospectus or any other document that Old Line has filed or may file with the SEC or that Old Line or DCBB has sent or may send to its stockholders in connection with the Merger and DCBB’s board of directors’ solicitation of proxies in connection therewith. INVESTORS AND STOCKHOLDERS ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND ALL OTHER RELEVANT DOCUMENTS THAT HAVE BEEN OR MAY BE FILED WITH THE SEC OR SENT TO STOCKHOLDERS, INCLUDING THE FINAL PROXY STATEMENT/PROSPECTUS, AS THEY BECOME AVAILABLE BECAUSE THEY CONTAIN AND WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED MERGER. Investors and security holders will be able to obtain the documents (as available) free of charge at the SEC’s website, www.sec.gov. Copies of the documents filed with the SEC by Old Line will be available free of charge on Old Line’s website at www.oldlinebank.com under the tab “Investor Relations” and then under the heading “SEC Filings” or by contacting Mark A. Semanie at (301) 430-2500. You may also read and copy any reports, statements and other information filed with the SEC at the SEC’s Public Reference Room at 100 F Street, NE, Washington DC. Information about the operation of the SEC Public Reference Room may be obtained by calling the SEC at 1-800-SEC-0330. The information on Old Line’s website is not, and shall not be deemed to be, a part of this report or incorporated into other filings Old Line makes with the SEC.
 
DCBB and its respective directors, executive officers and members of management may be deemed to be participants in the solicitation of proxies from the stockholders of DCBB in connection with the Merger. Information regarding the interests of these participants and other persons who may be deemed participants in the Merger is set forth in the proxy statement/ prospectus referred to above.
 
 

 
 
 
 
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: June 16, 2017
By:  
/s/  Mark A. Semanie
 
 
 
Mark A. Semanie 
 
 
 
Executive Vice President 
and Chief Operating Officer