Old Line Bank Grows Mortgage Team in Baltimore and Welcomes Veteran Loan Officer Dan Murtaugh

BOWIE, Md., Nov. 16, 2018 (GLOBE NEWSWIRE) — Old Line Bancshares (NASDAQ: OLBK), the parent company of Old Line Bank, announces that Dan Murtaugh has joined the bank’s mortgage lending team.  Murtaugh has over 20 years of mortgage experience and previously was with Sandy Spring Bank.  A long-standing pillar in the mortgage business, he brings with him established relationships with builders, realtors and financial planners in the Baltimore-Washington metro market.  His approach is focused on working with clients to offer mortgage financing solutions that fit their specific needs. 

“Dan is an exciting addition to the Old Line Bank mortgage team,” said Ken Sonner, SVP of Mortgage Banking at Old Line Bank. “He is well-respected in the region and we welcome his industry knowledge in mortgages and homebuilder projects, including Construction-Permanent Loans.”

Dan is a graduate of St. Mary’s College of Maryland with a degree in Economics.  He is a Baltimore area native and is the Life Director at the Maryland Building Industries Association (MBIA). He also serves on the Board of Directors at Boys Hope Girls Hope Baltimore.

About Old Line Bank

Old Line Bancshares (NASDAQ: OLBK) is the parent company of Old Line Bank, a Maryland chartered commercial bank headquartered in Bowie, Maryland, approximately 10 miles east of Andrews Air Force Base and 20 miles east of Washington, D.C. Old Line Bank has more than 35 branches located in its primary market area of suburban Maryland (Washington, D.C. suburbs, Southern Maryland and Baltimore suburbs) counties of Anne Arundel, Baltimore, Baltimore City, Calvert, Carroll, Charles, Frederick, Harford, Howard, Montgomery, Prince George’s and St. Mary’s. It also targets customers throughout the greater Washington, D.C. and Baltimore metropolitan areas.

Old Line Bank Contact:
Kenneth Sonner
SVP, Mortgage Banking
(301)430-2500

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/c6ffafe5-cfff-4a85-af0c-ff1a53a99c72