BOWIE, Md., Feb. 12, 2016 (GLOBE NEWSWIRE) -- Old Line Bancshares, Inc. (Nasdaq:OLBK), the parent company of Old Line Bank, Maryland’s premier community bank, with assets of more than $1.5 billion and 23 branch locations, is pleased to announce the addition of two new lending officers to both Old Line Bank’s Mortgage and Commercial Lending teams, Michael Dunn and Darren Basore.
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Michael Dunn has joined the Bank’s management team as Vice President and Regional Production Manager for Old Line Bank’s Mortgage Banking Division in Baltimore.
Mr. Dunn joins the Bank after its recent expansion into the greater Baltimore area and his efforts will be focused on growing the mortgage team in that market. Dunn will serve from an office in Hunt Valley, Maryland and will report directly to Kenneth Sonner, Senior Vice President and head of Old Line Bank’s Mortgage Banking, headquartered in Bowie, Maryland.
Dunn has an extensive business and mortgage banking career, bringing 30 years of industry experience and expertise to Old Line Bank. His prior roles include Senior Vice President of Bay Capital Mortgage and Area Manager with Prosperity Home Mortgage. Mr. Dunn holds a Bachelor of Science Degree from the University of Maryland in College Park, Maryland. A Maryland native, Dunn currently resides in Towson, MD.
Darren Basore has joined Old Line Bank as Vice President in business development and Commercial Lending. Basore will be working from the Bank’s Montgomery County Lending office in Silver Spring, Maryland.
Mr. Basore comes to the Bank with 28 years of banking experience, most recently with BB&T (formerly Susquehanna Bank). Basore is a 1987 graduate of Salisbury University in Salisbury, Maryland with a Bachelor of Arts in Political Science. Mr. Basore is heavily involved in community outreach in Montgomery County, including coaching youth hockey with Montgomery Youth Hockey Association in Rockville, Maryland.
“Michael Dunn and Darren Basore are excellent additions to the Old Line Bank Lending team,” said James W. Cornelsen, President and Chief Executive Officer. “As we chart our growth deeper into the Baltimore-Washington market, bringing key talent on board is a critical component to introducing who we are to the community. We welcome both Michael and Darren’s expertise and knowledge,” continued Cornelsen.
Old Line Bancshares, Inc. is a parent company of Old Line Bank, a Maryland chartered commercial bank headquartered in Bowie, Maryland. Old Line Bank’s reach spans the Baltimore-Washington corridor, with 23 branch locations in its current market area of eight suburban Maryland counties, inclusive of Anne Arundel, Baltimore, Calvert, Carroll, Charles, Montgomery, Prince George’s and St. Mary’s. For additional information, please visit our website at www.oldlinebank.com or call 301-430-2500.
CONTACT: James W. Cornelsen, President and Chief Executive Officer
Source:Old Line Bancshares, Inc.