BOWIE, Md., April 29, 2013 (GLOBE NEWSWIRE) -- Old Line Bancshares, Inc.'s Board of Directors announced the appointment of Carla Hargrove McGill to the Board of Old Line Bancshares, Inc. and its wholly owned subsidiary, Old Line Bank. "We are extremely proud to welcome Ms. McGill to our team of board members," stated Craig Clark, Old Line Bancshares, Inc.'s Chairman of the Board. Ms. McGill joined the Board effective April 24, 2013, and is expected to serve on the Asset and Liability Committee.
Ms. McGill is the President of Hargrove, Inc. Located in Lanham, Maryland, Hargrove provides tradeshow, event and exhibit services. Ms. McGill leads an executive team responsible for the strategic direction of the company and is an accomplished and effective senior executive. "Carla's appointment to the Board speaks to Old Line Bank's interest in continuing to identify experienced and talented people that will serve as catalysts to the Bank's growth," stated James W. Cornelsen, President and Chief Executive Officer. "Her familiarity with the Bank's target market areas will continue to allow us to enhance our franchise value and achieve our strategic objective of becoming the premier community bank in the metropolitan, Washington, D.C. market."
Ms. McGill leads a team that annually produces over 1,300 trade shows, events and exhibits throughout North America. The company designs and executes events ranging from convention general sessions and presidential inaugural galas to producing the past five global summits for the United States, including the 2012 NATO and G8 Summits. Ms. McGill is a board member of The Foundation Schools, a committee member for the Anne Arundel Medical Center Gala and an active committee leader of the Leukemia Ball.
"I am pleased to join Old Line Bancshares, Inc.'s and Old Line Bank's Boards of Directors given the integral role of Old Line Bank in our Maryland community. As the president and chief operating officer of a growing Maryland-based company, I look forward to working with my fellow directors to ensure the Bank's strategic and fiduciary priorities are realized," said Carla Hargrove McGill.
Old Line Bancshares, Inc. is the parent company of Old Line Bank, a Maryland chartered commercial bank headquartered in Bowie, Maryland. Old Line Bank was established in 1989 and has 18 branches serving the suburban areas surrounding Washington, D.C., including Prince George's County, Anne Arundel County, Charles County, Calvert County and St. Mary's County.
The statements in this press release that are not historical facts, in particular with respect to the Bank's growth, our strategic objectives and enhanced value, constitute "forward-looking statements" as defined by Federal Securities laws. Such statements are subject to risks and uncertainties that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. These statements can generally be identified by the use of forward-looking terminology such as "believes," "expects," "intends," "may," "will," "should," "anticipates", "plans" or similar terminology. Actual results could differ materially from those currently anticipated due to a number of factors, including, but not limited to: changes in interest rates and changes in economic, competitive, governmental, regulatory, technological or other factors that could affect Old Line Bancshares, Inc.'s business plans or competitive position or that otherwise require us to re-direct our focus and resources to other areas of our business than currently planned, whether they affect Old Line Bancshares, Inc. specifically or the banking industry generally. Forward-looking statements speak only as of the date they are made. Old Line Bancshares, Inc. will not update forward-looking statements to reflect factual assumptions, circumstances or events that have changed after a forward-looking statement was made. For further information regarding risks and uncertainties that could affect forward-looking statements Old Line Bancshares, Inc. may make, please refer to the filings made by Old Line Bancshares, Inc. with the U.S. Securities and Exchange Commission available at www.sec.gov.
CONTACT: CHRISTINE M. RUSH CHIEF FINANCIAL OFFICER (301) 430-2544Source:Old Line Bancshares, Inc.