Old Line Bancshares
Old Line Bancshares returned its bailout funds on Jul. 15, 2009
| Disbursed | $7,000,000 |
| Returned | $7,000,000 |
| Revenue to Gov't | $438,888 |
| Profit | $438,888 |
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Map: Corporate headquarters of Old Line Bancshares.
Bowie,
Md.
See all recipients in Maryland
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About This Project
We're tracking where the bailout money is going. Our lead bailout reporter – and blogger – is ProPublica's . Lead developer is .
- Our frequently updated database tracks every dollar. In the scorecard, we provide a summary generated from the latest numbers.
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Events
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$225K Revenue
Sep. 2, 2009 Warrant Proceeds
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$7M Payback
Jul. 15, 2009
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$58K Revenue
Jul. 15, 2009 http://www.financialstability.gov/docs/dividends-interest-reports/072009_report.pdf
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$156K Revenue
May 31, 2009 Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
Part of Capital Purchase Program -
$7M Bailout
Dec. 5, 2008 Purchase - Preferred Stock w/ Warrants
Part of Capital Purchase ProgramMore info from www.financialstability.gov
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 09/02/2009 | Warrant | $225,000 | CPP | Warrant Proceeds |
| 07/15/2009 | Refund | $7,000,000 | CPP | |
| 07/15/2009 | Dividend | $58,333 | CPP | http://www.financialstability.gov/docs/dividends-interest-reports/072009_report.pdf |
| 05/31/2009 | Dividend | $155,556 | CPP | Dividends Paid Through 5/31/2009 |
| 12/05/2008 | Purchase | $7,000,000 | CPP | Purchase - Preferred Stock w/ Warrants |
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