Exhibit 99.5
Old Line Bancshares, Inc. & Subsidiary Pro Forma Average Number of Common Shares | ||||||||||||
Three months ended September 30, 2008 | Actual | Adjustment | Pro-Forma | |||||||||
Weighted average number of shares | 3,880,460 | - | 3,880,460 | |||||||||
Dilutive average number of shares (9 | 1,324 | 6,469 | 7,793 | |||||||||
Nine months ended September 30, 2008 | Actual | Adjustment | Pro-Forma | |||||||||
Weighted average number of shares | 3,940,228 | - | 3,940,228 | |||||||||
Dilutive average number of shares (9 | 2,742 | 6,469 | 9,211 |