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Overview / Commentary
301-430-2500
1525 Pointer Ridge Place
Bowie, MD 20716

Old Line Bank is headquartered in Bowie and is the 4th largest bank in the state of Maryland. It is also the 473rd largest bank in the nation. It was established in 1989 and as of September of 2016, it had grown to 242 employees at 21 locations. Old Line Bank has an A health rating.

Reviews (1)

Old Line Bank

My beloved bank, Washington Savings bank was taken over by Old Line Bank some time ago. Yesterday I was unable to logon to my mobile acct. They locked me out. No problem I would just call Saturday and get back in. I get an answering machine with the hours of the bank and for internet banking I am to email them. Washington had had 24-7 phone support. Not Old Line. What kind of hokey bank is this? I have never seen a bank not have 24-7 phone support for online services.



Health
A

Health Grade Components

Overall
FDIC Certificate #27599
Year Established1989
Employees242
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.82%
Return on Equity - YTD8.21%
Annual Interest Income$44.1MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$1.65B$1.32B
LoansQ3 2016vs Q3 2015$1.30B$1.05B
DepositsQ3 2016vs Q3 2015$1.31B$1.09B
Equity CapitalQ3 2016vs Q3 2015$178.9MM$136.2MM
Loan Loss AllowanceQ3 2016vs Q3 2015$6.4MM$4.5MM
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$8.5MM$2.2MM
Real Estate OwnedQ3 2016vs Q3 2015$1.9MM$1.9MM
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Old Line Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$10k*-Rate Advantage Savings
OTHER TIERS: 0.05% Up to $10k
0.05%$50-Statement Savings

Old Line Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$25k*-Business Money Market
OTHER TIERS: 0.10% Up to $5k | 0.15% $5k - $25k
0.20%*$25k*-Personal Money Market
OTHER TIERS: 0.10% Up to $5k | 0.15% $5k - $25k

Old Line Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$2,500*-NOW
OTHER TIERS: 0.05% $50 - $2,500
0.10%*$2,500*-Business NOW
OTHER TIERS: 0.05% $50 - $2,500

Old Line Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.50%$500-5 Year CD
1.25%$500-4 Year CD
1.00%$500-3 Year CD
0.90%$500-2 Year CD
0.65%$500-12 Month CD
0.65%$500-18 Month CD
0.40%$500-6 Month CD
0.10%$500-3 Month CD

Old Line Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.50%$500-60 Month Fixed IRA
1.00%$500-30 Month Fixed IRA
0.65%$500-12 Month Fixed IRA
0.65%$500-18 Month Fixed IRA
0.65%$100-12 Month Add On-Fixed IRA
0.65%$100-12 Month Add On-Variable IRA
0.65%$500-18 Month Variable IRA
Locations

Old Line Bank has 21 locations. Click to view all Old Line Bank locations.