Old line bancshares inc (OLBK)
Income statement / Yearly
Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Interest Income
Loans, including fees

104,490

68,132

56,031

47,948

41,723

40,206

33,808

28,432

16,599

15,304

U.S. Treasury securities

59

25

18

10

21

3

9

7

-

7

U.S. government agency securities

352

272

266

521

567

538

362

332

163

296

Corporate bonds

880

628

130

0

-

-

-

-

-

-

Mortgage backed securities

2,325

2,213

2,060

1,502

1,498

1,464

2,243

2,635

1,399

1,059

Municipal securities

1,995

1,772

1,586

1,239

1,479

1,797

1,592

745

79

84

Federal funds sold

14

6

2

1

4

3

6

6

7

1

Other

1,156

561

368

229

308

249

199

161

258

342

Total interest income

111,274

73,612

60,464

51,452

45,603

44,262

38,222

32,320

18,508

17,095

Interest expense
Deposits

14,619

7,321

5,508

4,246

3,401

3,716

4,235

4,389

-

-

Deposits

-

-

-

-

-

-

-

-

3,920

4,553

Borrowed funds

6,709

4,177

2,016

617

498

486

822

829

1,022

1,026

Total interest expense

21,328

11,498

7,525

4,864

3,899

4,202

5,057

5,219

4,942

5,579

Net interest income

89,945

62,114

52,939

46,588

41,703

40,060

33,164

27,101

13,566

11,516

Provision for loan losses

1,848

955

1,584

1,310

2,827

1,504

1,525

1,800

1,082

900

Net interest income after provision for loan losses

88,096

61,158

51,354

45,277

38,876

38,556

31,639

25,301

12,484

10,616

Non-interest income
Gain on sales or calls of investment securities

-

35

1,227

-

-

-

-

-

-

-

Service charges on deposit accounts

-

-

-

1,729

1,904

1,607

1,281

1,208

306

307

Gains on sales or calls of investment securities

-

-

-

65

129

641

1,156

140

-

158

Gain on the sale of stock

-

-

-

-

96

-

-

-

-

-

Earnings on bank owned life insurance

1,806

1,167

1,132

1,009

988

840

548

701

336

376

Gain (loss) on disposal of assets

13

73

-27

14

-30

-104

7

5

-

-

Loss on write down of stock

-152

-

-

-

-

-

-

-

-

-

Gain on sale of loans

556

94

-

0

771

3,890

-

-

-

-

Income on marketable loans

1,822

2,319

2,317

2,019

-

-

-

-

-

-

Other fees and commissions

-

-

-

2,006

2,096

1,995

714

437

515

978

Total non-interest income

11,980

7,800

8,256

6,844

5,956

8,870

3,708

2,493

1,352

1,819

Non-interest expense
Salaries and benefits

26,921

20,551

20,031

17,237

17,831

16,617

12,038

10,024

-

-

Salaries

-

-

-

-

-

-

-

-

-

4,037

Employee benefits

-

-

-

-

-

-

-

-

-

1,012

Occupancy and equipment

8,911

7,073

6,788

5,775

6,268

5,353

3,687

3,131

-

1,085

Salaries and benefits

-

-

-

-

-

-

-

-

5,966

-

Occupancy and equipment

-

-

-

-

-

-

-

-

1,712

-

Equipment

-

-

-

-

-

-

-

-

-

354

Data processing

2,671

1,671

1,549

1,432

1,340

1,422

869

816

452

340

FDIC insurance and State of Maryland assessments

1,050

1,001

1,040

966

-

-

-

-

-

-

Merger and integration

9,404

3,985

661

-

-

-

-

-

-

-

Pension plan termination

-

-

-

-

-

-

700

-

-

-

FDIC insurance and State of Maryland assessments

-

-

-

-

912

777

600

613

-

-

FDIC insurance and State of Maryland assessments

-

-

-

-

-

-

-

-

527

561

Merger and integration

-

-

-

1,420

29

3,518

470

574

574

-

Core deposit premium amortization

2,179

968

830

792

866

-838

-727

-584

-

-

Loss on sales of other real estate owned

-52

13

77

-49

697

144

110

248

192

-

OREO expense (income)

190

301

318

-

-

-

-

-

-

-

OREO expense

-

-

-

-

554

838

591

339

-

-

Directors Fees

-

-

-

-

482

388

-

-

-

-

OREO expense

-

-

-

430

-

-

-

-

-

-

Directors fees

711

659

665

651

-

-

-

-

-

-

Network services

416

519

549

699

743

-

-

-

-

-

Telephone

-

-

-

659

667

-

-

-

-

-

Network services

-

-

-

-

-

582

266

-

-

-

Telephone

-

-

-

-

-

564

460

-

-

-

Other operating

9,203

7,302

6,522

6,159

6,047

5,319

4,858

4,799

2,175

1,864

Total non-interest expense

62,691

44,843

39,643

36,275

35,046

36,077

25,161

20,636

11,409

9,256

Income before income taxes

37,386

24,116

19,967

15,846

9,786

11,349

10,185

7,158

2,426

3,178

Income tax expense

10,168

8,152

6,812

5,382

2,694

3,602

2,720

1,926

996

1,055

Net income

27,217

15,963

13,155

10,464

7,092

7,747

7,465

5,231

1,429

2,123

Less: Net gain attributable to the non-controlling interest

-

-

0

-4

-37

-91

-65

-148

-72

87

Net income attributable to Old Line Bancshares, Inc.

-

-

-

-

-

-

-

-

-

2,036

Preferred stock dividend and discount accretion

-

-

-

-

-

-

-

-

-

485

Net income

27,217

15,963

13,155

10,468

7,130

7,838

7,530

5,379

1,502

1,550

Basic earnings per common share (in dollars per share)

1.73

1.38

1.21

0.98

0.66

0.87

1.10

0.86

0.39

0.40

Diluted earnings per common share (in dollars per share)

1.71

1.35

1.20

0.97

0.65

0.86

1.09

0.86

0.38

-

Dividend per common share (in dollars per share)

0.38

0.32

0.24

0.21

0.18

0.16

0.16

0.13

-

-

Diluted earnings (loss) per common share (in dollars per share)

-

-

-

-

-

-

-

-

-

0

Dividend per common share (in dollars per share)

-

-

-

-

-

-

-

-

0.12

0.12

Deposit Account [Member]
Income

2,773

1,982

1,728

-

-

-

-

-

-

-

POS Sponsorship Program [Member]
Income

2,026

-

-

-

-

-

-

-

-

-

Financial Service, Other [Member]
Income

3,135

2,126

1,876

-

-

-

-

-

-

-

Public Utilities [Member]
Telephone

977

821

762

-

-

-

-

-

-

-