CSIMarket Company Name, Ticker, Industry, else..
 
Old Line Bancshares Inc  (OLBK)
    Sector • Financial    Industry • Regional Banks
   Industry • Regional Banks
   Sector • Financial
 

Old Line Bancshares Inc's Customers Performance

OLBK


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OLBK's Source of Revenues During the corresponding time, Old Line Bancshares Inc saw a revenue deteriorated by -0.85 % year on year, While revenue at the Old Line Bancshares Inc's corporate clients

• List of OLBK Customers




for the same period Old Line Bancshares Inc revnue deteriorated by -0.85 % year on year,

• List of OLBK Customers

Old Line Bancshares Inc's Business Units






Old Line Bancshares Inc's Comment on Sales, Marketing and Customers



We consider our current market area to consist of the suburban Maryland counties of Anne Arundel, Calvert, Charles, Prince George’s, Montgomery and St. Mary’s (Washington, D.C. suburbs) and Baltimore and Carroll (Baltimore City suburbs). The economy in our current market area has focused on real estate development, high technology, retail and the government sector.

Our headquarters and a branch are located at 1525 Pointer Ridge Place, Bowie, Prince George’s County, Maryland. A critical component of our strategic plan and future growth is a focus on Prince George’s and Montgomery Counties. Prince George’s County wraps around the eastern boundary of Washington, D.C. and offers urban, suburban and rural settings for employers and residents. There are several national and international airports less than an hour away, as is Baltimore City. We currently have one branch location in Montgomery County located in Rockville. As a result of the acquisition of WSB, we acquired the building located at 4201 Mitchellville Road, Bowie, Maryland which houses a branch and our mortgage group. This loan production office primarily originates loans sold in the secondary market and has expanded our presence in the surrounding counties of the Washington D.C. metro area, including in Montgomery County, Maryland.

We opened a loan production office in Silver Spring, in Montgomery County, Maryland in 2013. We opened our first branch in Rockville, Maryland, in Montgomery County on November 10, 2015 and a second location, located in the Rockville Town Center, is scheduled to open in 2016. Montgomery County is located just to the north of Washington, D.C., and is adjacent to Frederick, Howard and Prince George’s Counties in Maryland and Loudoun and Fairfax Counties in Virginia. Montgomery County is an important business and research center and is the third largest biotechnology cluster in the United States. The U.S. Department of Health and Human Services, the U.S. Department of Defense, and the U.S. Department of Commerce are among the top county employers. Several large firms are also based in the county, including Marriott International, Lockheed Martin, GEICO, Discovery Communications and the Travel Channel. Montgomery County has the 11th highest median household income in the U.S., and the second highest in the state of Maryland.