Old Line Bancshares (OLBK) 10-Q 8 Aug 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Jun. 30, 2014	Jul. 31, 2014
Document and Entity Information	'	'
Entity Registrant Name	'OLD LINE BANCSHARES INC	'
Entity Central Index Key	'0001253317	'
Document Type	'10-Q	'
Document Period End Date	30-Jun-14	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	10,785,370
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Jun. 30, 2014	Dec. 31, 2013
Assets	'	'
Cash and due from banks	$29,887,334	$28,316,351
Interest bearing accounts	30,389	30,375
Federal funds sold	304,246	711,574
Total cash and cash equivalents	30,221,969	29,058,300
Investment securities available for sale-at fair value	155,706,684	172,169,776
Loans held for sale, fair value of $4,237,126 and $2,074,924	4,074,911	2,014,711
Loans held for investment (net of allowance for loan losses of $6,324,583 and $4,929,213, respectively)	889,524,786	847,248,590
Equity securities at cost	4,304,196	5,669,807
Premises and equipment, net	34,604,271	35,215,868
Accrued interest receivable	2,978,470	3,432,924
Deferred income taxes	19,850,224	21,868,076
Bank owned life insurance	31,000,380	30,577,187
Other real estate owned	4,627,465	4,311,342
Goodwill	7,793,665	7,793,665
Core deposit intangible	4,846,737	5,287,501
Other assets	3,732,934	2,575,377
Total assets	1,193,266,692	1,167,223,124
Deposits	'	'
Non-interest bearing	237,614,952	228,733,624
Interest bearing	771,801,936	745,625,862
Total deposits	1,009,416,888	974,359,486
Short term borrowings	35,769,108	49,530,125
Long term borrowings	6,043,715	6,093,074
Accrued pension	5,003,784	4,921,241
Other liabilities	4,858,483	5,769,880
Total liabilities	1,061,091,978	1,040,673,806
Stockholders' equity	'	'
Common stock, par value $0.01 per share; 25,000,000 shares authorized; 10,785,370 and 10,777,113 shares issued and outstanding in 2014 and 2013, respectively	107,854	107,772
Additional paid-in capital	104,820,171	104,622,171
Retained earnings	27,621,537	24,879,275
Accumulated other comprehensive loss	-639,502	-3,359,823
Total Old Line Bancshares, Inc. stockholders' equity	131,910,060	126,249,395
Non-controlling interest	264,654	299,923
Total stockholders' equity	132,174,714	126,549,318
Total liabilities and stockholders' equity	$1,193,266,692	$1,167,223,124

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Consolidated Balance Sheets	'	'
Loans held for sale, fair value (in dollars)	$4,237,126	$2,074,924
Loans held for investment, allowance for loan losses (in dollars)	$6,324,583	$4,929,213
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, authorized shares	25,000,000	25,000,000
Common stock, shares issued	10,785,370	10,777,113
Common stock, shares outstanding	10,785,370	10,777,113

Consolidated_Statements_of_Inc

Consolidated Statements of Income (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Interest Income	'	'	'	'
Loans, including fees	$10,599,999	$9,327,905	$20,933,971	$17,159,728
U.S. treasury securities	15,546	427	16,378	2,181
U.S. government agency securities	145,145	135,925	296,100	218,355
Mortgage backed securities	360,480	329,618	738,352	717,874
Municipal securities	396,191	447,841	831,179	917,509
Federal funds sold	1,653	1,783	2,041	2,384
Other	98,024	64,105	170,887	106,649
Total interest income	11,617,038	10,307,604	22,988,908	19,124,680
Interest expense	'	'	'	'
Deposits	856,639	964,955	1,750,942	1,822,094
Borrowed funds	148,918	139,472	267,194	251,959
Total interest expense	1,005,557	1,104,427	2,018,136	2,074,053
Net interest income	10,611,481	9,203,177	20,970,772	17,050,627
Provision for loan losses	1,544,280	200,000	1,814,049	400,000
Net interest income after provision for loan losses	9,067,201	9,003,177	19,156,723	16,650,627
Non-interest income	'	'	'	'
Service charges on deposit accounts	493,482	367,674	945,078	668,415
Gain on sales or calls of investment securities	129,911	9,659	129,911	641,088
Earnings on bank owned life insurance	246,371	200,641	489,978	333,869
Gain (loss) on disposal of premises and equipment	17,919	-19,078	114,912	-104,639
Rental Income	195,407	180,159	395,944	180,159
Gain on sale of loans	195,829	146,565	302,548	146,565
Other fees and commissions	589,215	267,674	881,279	515,357
Total non-interest income	1,868,134	1,153,294	3,259,650	2,380,814
Non-interest expense	'	'	'	'
Salaries and benefits	4,051,407	4,126,567	8,925,041	7,359,244
Occupancy and equipment	1,436,564	1,214,947	3,022,735	2,283,815
Data processing	312,042	329,878	619,202	568,935
FDIC insurance and State of Maryland assessments	233,575	186,996	452,096	342,239
Merger and integration	'	2,786,350	29,167	3,026,835
Core deposit premium amortization	212,214	198,875	440,764	376,457
(Gain) loss on sales of other real estate owned	-79,127	770	-282,195	201,224
OREO expense	112,659	154,908	195,725	469,073
Network services	174,914	112,816	374,502	208,892
Telephone	167,442	119,507	334,600	231,453
Other operating	1,870,216	1,304,054	3,356,203	2,547,397
Total non-interest expense	8,491,906	10,535,668	17,467,840	17,615,564
Income (loss) before income taxes	2,443,429	-379,197	4,948,533	1,415,877
Income tax expense (benefit)	687,973	-283,417	1,378,711	238,305
Net income (loss)	1,755,456	-95,780	3,569,822	1,177,572
Less: Net loss attributable to the non-controlling interest	-13,880	-11,495	-35,269	-24,590
Net income (loss) available to common stockholders	$1,769,336	($84,285)	$3,605,091	$1,202,162
Basic earnings (loss) per common share (in dollars per share)	$0.16	($0.01)	$0.33	$0.16
Diluted earnings (loss) per common share (in dollars per share)	$0.16	($0.01)	$0.33	$0.15
Dividend per common share (in dollars per share)	$0.04	$0.04	$0.08	$0.08

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (Loss) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Consolidated Statements of Comprehensive Income (Loss)	'	'	'	'
Net income	$1,755,456	($95,780)	$3,569,822	$1,177,572
Other comprehensive income (loss):	'	'	'	'
Unrealized gain (loss) on securities available for sale, net of taxes of $751,001, ($3,361,825), $1,720,750, ($3,926,523), respectively	1,310,253	-5,160,991	2,798,989	-6,027,901
Reclassification adjustment for realized gain on securities available for sale included in net income, net of taxes of $51,243, $3,810, $51,243, $252,877, respectively	-78,668	-5,849	-78,668	-388,211
Other comprehensive income (loss)	1,231,585	-5,166,840	2,720,321	-6,416,112
Comprehensive income (loss)	2,987,041	-5,262,620	6,290,143	-5,238,540
Less: Comprehensive (loss) attributable to the non-controlling interest	-13,880	-11,495	-35,269	-24,590
Comprehensive income (loss) available to common stockholders	$3,000,921	($5,251,125)	$6,325,412	($5,213,950)

Consolidated_Statements_of_Com1

Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Consolidated Statements of Comprehensive Income (Loss)	'	'	'	'
Unrealized gain (loss) on securities available for sale, taxes	$751,001	($3,361,825)	$1,720,750	($3,926,523)
Reclassification adjustment for realized gain on securities available for sale included in net income, taxes	$51,243	$3,810	$51,243	$252,877

Consolidated_Statement_of_Chan

Consolidated Statement of Changes in Stockholders' Equity (USD $)	Total	Common stock	Additional paid-in capital	Retained earnings	Accumulated other comprehensive income (loss)	Non-controlling Interest
Balance at Dec. 31, 2013	$126,549,318	$107,772	$104,622,171	$24,879,275	($3,359,823)	$299,923
Balance (in shares) at Dec. 31, 2013	10,777,113	10,777,113	'	'	'	'
Increase (Decrease) in Stockholders' Equity	'	'	'	'	'	'
Net income attributable to Old Line Bancshares, Inc.	3,605,091	'	'	3,605,091	'	'
Unrealized loss on securities available for sale, net of income tax benefit of $1,771,993	2,798,989	'	'	'	2,720,321	'
Net loss attributable to non-controlling interest	35,269	'	'	'	'	-35,269
Stock based compensation awards	198,082	'	198,082	'	'	'
Restricted stock issued	'	82	-82	'	'	'
Restricted stock issued (in shares)	'	8,257	'	'	'	'
Common stock cash dividend $0.08 per share	-862,829	'	'	-862,829	'	'
Balance at Jun. 30, 2014	$132,174,714	$107,854	$104,820,171	$27,621,537	($639,502)	$264,654
Balance (in shares) at Jun. 30, 2014	10,785,370	10,785,370	'	'	'	'

Consolidated_Statement_of_Chan1

Consolidated Statement of Changes in Stockholders' Equity (Parenthetical) (USD $)	6 Months Ended
	Jun. 30, 2014
Consolidated Statement of Changes in Stockholders' Equity	'
Unrealized loss on securities available for sale, income tax benefit	$1,720,750
Dividend per common share (in dollars per share)	$0.08

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Cash flows from operating activities	'	'
Interest received	$23,941,306	$19,723,475
Fees and commissions received	2,024,810	1,313,802
Interest paid	-2,053,004	-2,372,357
Cash paid to suppliers and employees	-17,528,107	-12,778,413
Loans originated for sale	-21,108,421	-11,081,088
Proceeds from sale of loans originated for sale	19,048,221	10,068,872
Income taxes paid	-1,372,983	-1,423,051
Net cash provided by operating activities	2,951,822	3,451,240
Cash flows from investing activities	'	'
Cash and cash equivalents of acquired bank	'	38,846,599
Purchase of investment securities available for sale	-13,716,497	-26,127,022
Proceeds from disposal of investment securities	'	'
Available for sale at maturity or call	34,448,100	22,580,651
Available for sale sold	'	60,366,304
Loans made, net of principal collected	-45,134,751	-33,268,492
Proceeds from sale of other real estate owned	1,320,961	2,512,724
Redemption (purchase) of equity securities	1,273,528	-3,799
Purchase of premises and equipment	-345,772	-780,485
Proceeds from the sale of premises and equipment	-17,919	'
Net cash provided by investing activities	-22,172,350	64,126,480
Net increase (decrease) in	'	'
Time deposits	-12,864,657	1,204,342
Other deposits	47,922,059	42,682,219
Short term borrowings	-13,761,017	-69,337,934
Long term borrowings	-49,359	-49,388
Acquisition cash consideration	'	-16,966,208
Stock options exercised	'	602,395
Cash dividends paid-common stock	-862,829	-666,962
Net cash used in financing activities	20,384,197	-42,531,536
Net increase in cash and cash equivalents	1,163,669	25,046,184
Cash and cash equivalents at beginning of period	29,058,300	28,690,761
Cash and cash equivalents at end of period	30,221,969	53,736,945
Reconciliation of net income to net cash provided by operating activities	'	'
Net income	3,569,822	1,177,572
Adjustments to reconcile net income to net cash provided by operating activities	'	'
Depreciation and amortization	1,090,200	874,143
Provision for loan losses	1,814,049	400,000
Change in deferred loan fees net of costs	-7,836	45,314
(Gain)/loss on sales or calls of securities	-129,911	-641,088
Amortization of premiums and discounts	505,780	650,859
Change in loans held for sale	-2,362,747	-1,158,781
(Gain)/loss on sales of other real estate owned	-282,195	201,224
Gain on the sale of equity securities	-96,993	'
Write down of other real estate owned	'	66,600
(Gain)/loss on sale of premises and equipment	-17,919	104,639
Amortization of intangible	440,764	376,457
Deferred income taxes	185,876	-328,247
Stock based compensation awards	198,082	133,848
Increase (decrease) in	'	'
Accrued interest payable	-34,868	-298,304
Income tax payable	-180,148	-235,323
Accrued pension	82,543	152,771
Other liabilities	-696,381	-1,157,515
Decrease (increase) in	'	'
Accrued interest receivable	454,454	-97,378
Bank owned life insurance	-423,193	-279,359
Prepaid income taxes	'	-621,176
Other assets	-1,157,557	4,084,984
Net cash provided by operating activities	2,951,822	3,451,240
Supplemental Disclosure:	'	'
Loans transferred to other real estate owned	$1,354,889	'

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	1.                                     SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Organization and Description of Business-Old Line Bancshares, Inc. (Old Line Bancshares) was incorporated under the laws of the State of Maryland on April 11, 2003 to serve as the holding company of Old Line Bank.  The primary business of Old Line Bancshares is to own all of the capital stock of Old Line Bank.  We provide a full range of banking services to customers located in Anne Arundel, Calvert, Charles, Montgomery, Prince George’s, and St. Mary’s Counties in Maryland and surrounding areas.
	Basis of Presentation and Consolidation-The accompanying condensed consolidated financial statements include the activity of Old Line Bancshares and its wholly owned subsidiary, Old Line Bank, and its majority owned subsidiary Pointer Ridge Office Investments, LLC (Pointer Ridge), a real estate investment company.  We have eliminated all significant intercompany transactions and balances.
	We report the non-controlling interests in Pointer Ridge separately in the consolidated balance sheet.  We report the income of Pointer Ridge attributable to Old Line Bancshares on the consolidated statement of income.
	The foregoing consolidated financial statements for the periods ended June 30, 2014 and 2013 are unaudited and have been prepared in accordance with U.S. generally accepted accounting principles (US GAAP); however, in the opinion of management we have included all adjustments (comprising only normal recurring accruals) necessary for a fair presentation of the results of the interim period.  We derived the balances as of December 31, 2013 from audited financial statements.  These statements should be read in conjunction with Old Line Bancshares’ financial statements and accompanying notes included in Old Line Bancshares’ Form 10-K for the year ended December 31, 2013.  We have made no significant changes to Old Line Bancshares’ accounting policies as disclosed in the Form 10-K.
	Use of estimates-The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements.  These estimates and assumptions may affect the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from these estimates.  A material estimate that is particularly susceptible to significant change in the near term relates to the determination of the allowance for loan losses.
	Reclassifications-We have made certain reclassifications to the 2013 financial presentation to conform to the 2014 presentation.  These reclassifications did not change net income or stockholders’ equity.
	Recent Accounting Pronouncements-In January 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-04, Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure. The objective of this guidance is to clarify when an in substance repossession or foreclosure occurs, that is, when a creditor should be considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan such that the loan receivable should be derecognized and the real estate property recognized. ASU No. 2014-04 states that an in substance repossession or foreclosure occurs, and a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan, upon either (1) the creditor obtaining legal title to the residential real estate property upon completion of a foreclosure or (2) the borrower conveying all interest in the residential real estate property to the creditor to satisfy that loan through completion of a deed in lieu of foreclosure or through a similar legal agreement. Additionally, ASU No. 2014-04 requires interim and annual disclosure of both (1) the amount of foreclosed residential real estate property held by the creditor and (2) the recorded investment in consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure according to local requirements of the applicable jurisdiction. ASU No. 2014-04 is effective for interim and annual reporting periods beginning after December 15, 2014. The adoption of ASU No. 2014-04 is not expected to have a material impact on our consolidated financial statements.
	In May 2014, the FASB issued ASU 2014-09 — Revenue from Contracts with Customers, which will supersede nearly all existing revenue recognition guidance under U.S. GAAP. The core principal of this ASU is that an entity should recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. This ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. This ASU will be effective for us in our first quarter of 2017. Early adoption is not permitted. The ASU allows for either full retrospective or modified retrospective adoption. We are evaluating the transition method that will be elected and the potential effects of the adoption of this ASU on our financial statements.
	In June 2014, the FASB issued ASU 2014-12,  Compensation — Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved After the Requisite Service Period.  The amendments clarify the proper method of accounting for share-based payments when the terms of an award provide that a performance target could as a performance condition. The performance target should not be reflected in estimating the grant-date fair value of the award. Compensation cost should be recognized be achieved after the requisite service period. This update requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the period(s) for which the requisite service has already been rendered. The amendments in this update are effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Earlier adoption is permitted.  Management is currently evaluating the impact of adoption on the consolidated financial statements, but does not believe that adoption will have a material impact.

POINTER_RIDGE_OFFICE_INVESTMEN

POINTER RIDGE OFFICE INVESTMENT, LLC	6 Months Ended
	Jun. 30, 2014
POINTER RIDGE OFFICE INVESTMENT, LLC	'
POINTER RIDGE OFFICE INVESTMENT, LLC	'
	2.                                      POINTER RIDGE OFFICE INVESTMENT, LLC
	Old Line Bank has a 62.5% ownership of Pointer Ridge Office Investment, LLC and we have consolidated its results of operations from the date of acquisition.
	The following table summarizes the condensed Balance Sheets and Statements of Income information for Pointer Ridge Office Investment, LLC.
		June 30,			December 31,
	Balance Sheets	2014			2013
	Current assets	$	238,695		$	286,206
	Non-current assets	6,530,945			6,622,560
	Liabilities	6,063,896			6,108,972
	Equity	705,744			799,794
		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014			2013			2014			2013
	Statements of Income
	Revenue	$	234,139		$	222,022		$	473,129		$	446,390
	Expenses	271,151			252,676			567,180			511,963
	Net loss	$	(37,012	)	$	(30,654	)	$	(94,051	)	$	(65,573	)

ACQUISITION_OF_WSB_HOLDINGS_IN

ACQUISITION OF WSB HOLDINGS, INC.	6 Months Ended
	Jun. 30, 2014
ACQUISITION OF WSB HOLDINGS, INC.	'
ACQUISITION OF WSB HOLDINGS, INC.	'
	3.             ACQUISITION OF WSB HOLDINGS, INC.
	On May 10, 2013, Old Line Bancshares acquired WSB Holdings, Inc. (WSB Holdings), the parent company of The Washington Savings Bank, F.S.B. (WSB). We converted each share of common stock of WSB Holdings into the right to receive, at the holder’s election, $6.0743 in cash or 0.557 shares of Old Line Bancshares’ common stock.
	In connection with the acquisition, WSB was merged with and into Old Line Bank, with Old Line Bank the surviving bank.
	The acquired assets and assumed liabilities of WSB Holdings were measured at estimated fair value. Management made significant estimates and exercised significant judgment in accounting for the acquisition of WSB Holdings. Management judgmentally assigned risk ratings to loans based on appraisals and estimated collateral values, expected cash flows, prepayment speeds and estimated loss factors to measure fair values for loans. Other real estate acquired through foreclosure was valued based upon pending sales contracts and appraised values, adjusted for current market conditions. Premises and equipment was valued based on recent appraised values.  Management used quoted or current market prices to determine the fair value of investment securities, and long-term borrowings that were assumed from WSB Holdings.
	The statement of net assets acquired and the resulting acquisition date goodwill recorded is presented in the following table. As explained in the notes that accompany the following table, the purchased assets, assumed liabilities and identifiable intangible assets were recorded at the acquisition date fair value.
								As Recorded by
		As Recorded by			Fair Value			Old Line
		WSB Holdings, Inc			Adjustments			Bancshares, Inc.
	Assets
	Cash and due from banks	$	5,576,699		$	—		$	5,576,699
	Federal funds sold	33,269,900			(16,966,208		)	16,303,692
	Total cash and cash equivalents	38,846,599			(16,966,208		)	21,880,391
	Investment securities available for sale	79,476,355			(101,654		)(a)	79,374,701
	Loans, net of deferred fees and costs	177,204,282			(14,263,180		)(b)	162,941,102
	Allowance for loan losses	(2,767,274		)	2,767,274		(b)	—
	Premises and equipment	4,705,902			5,673,151		(c)	10,379,053
	Accrued interest receivable	886,413			—			886,413
	Deferred income taxes	7,396,519			4,005,790		(d)	11,402,309
	Bank owned life insurance	12,986,817			—			12,986,817
	Other real estate owned	5,225,958			(993,476		)(e)	4,232,482
	Core deposit intangible	—			2,434,723		(f)	2,434,723
	Other assets	4,326,538			(567,850		)(g)	3,758,688
	Total assets	$	328,288,109		$	(18,011,430	)	$	310,276,679
	Liabilities and Stockholders’ Equity
	Deposits
	Non-interest bearing	$	10,863,874		$	—		$	10,863,874
	Interest bearing	204,375,389			955,452		(h)	205,330,841
	Total deposits	215,239,263			955,452			216,194,715
	Long term borrowings	56,000,000			4,250,568		(i)	60,250,568
	Accrued interest payable	246,416			—			246,416
	Other liabilities	2,979,727			118,066			3,097,793
	Total liabilities	$	274,465,406		$	5,324,086		$	279,789,492
	Net identifiable assets acquired over (under) liabilities assumed	53,822,703			(23,335,516		)	30,487,187
	Goodwill	—			7,159,875		(j)	7,159,875
	Net assets acquired over liabilities assumed	53,822,703			(16,175,641		)	37,647,062
	Explanation of fair value adjustments
	(a)     Adjustment reflects marking the available for sale portfolio to fair value as of the acquisition date.
	(b)     Adjustment reflects the fair value adjustments based on Old Line Bancshares’ evaluation of the acquired loan portfolio and excludes the allowance for losses recorded by WSB Holdings.
	(c)     Adjustment reflects the fair value adjustments based on Old Line Bancshares’ evaluation of the acquired premises and equipment.
	(d)     Adjustment to record deferred tax asset related to fair value adjustments at 39.45% income tax rate.
	(e)     Adjustment reflects the fair value adjustments to other real estate owned based on Old Line Bancshares’ evaluation of the acquired other real estate owned portfolio.
	(f)      Adjustment reflects the recording of the core deposits intangible on the acquired deposit accounts.
	(g)     Adjustment reflects the impairment of certain WSB Holdings’ prepaid and deferred accounts.
	(h)     Adjustment arises since the rates on interest-bearing deposits are higher than rates available on similar deposits as of the acquisition date.
	(i)       Adjustment reflects the fair value of WSB Holdings’ borrowings acquired on acquisition date and is related to the Federal Home Loan Bank of Atlanta (“FHLB”) pre-payment penalty incurred subsequent to the acquisition date in the connection with the repayment of all of WSB’s FHLB advances by Old Line Bancshares.
	(j)      Within the measurement period, goodwill was increased $946,241.
	We allocated the purchase price for WSB Holdings as follows:
	Purchase Price Consideration-Common Stock
	WSB Holdings shares outstanding exchanged for stock	5,223,633
	Exchange ratio	0.557
	Old Line Bancshares shares issued to WSB Holdings stockholders	2,909,486
	Purchase price per WSB Holdings common share	$	6.0743
	Cash consideration	$	16,966,208
	Purchase price assigned to shares exchanged for stock	$	37,765,128
	Expenses not accrued for and paid by Old Line Bank	$	(118,066	)
	Final purchase price for WSB acquisition	$	37,647,062
	During the third quarter of 2013, within the measurement period, goodwill was increased $946,241 associated with the acquisition of WSB Holdings.  As outlined in our financial statements, this amount represented the difference between the estimated fair value of tangible and intangible assets acquired and liabilities assumed at acquisition date.  This increased represents $102,484 fair value adjustment on one of our lot loans, $2,949 in our deferred tax assets and $8,310 credit on one commercial land loan and $849,118 on fair value of our investments classified as available for sale that we identified during the period.  There was no goodwill adjustment for the period ended June 30, 2014.

INVESTMENT_SECURITIES

INVESTMENT SECURITIES	6 Months Ended
	Jun. 30, 2014
INVESTMENT SECURITIES	'
INVESTMENT SECURITIES	'
	4.                                      INVESTMENT SECURITIES
	Presented below is a summary of the amortized cost and estimated fair value of securities.
		Amortized		Gross		Gross			Estimated
		cost		unrealized		unrealized			fair value
				gains		losses
	June 30, 2014
	Available for sale
	U. S. treasury	$	3,001,044	$	678	$	(72	)	$	3,001,650
	U.S. government agency	39,439,130		8,250		(1,180,875		)	38,266,505
	Municipal securities	44,252,288		918,141		(163,318		)	45,007,111
	Mortgage backed securities:
	FHLMC certificates	15,352,594		72,455		(33,609		)	15,391,440
	FNMA certificates	14,013,708		29,284		(185,949		)	13,857,043
	GNMA certificates	33,948,149		133,932		(430,172		)	33,651,909
	SBA loan pools	6,755,839		—		(224,813		)	6,531,026
		$	156,762,752	$	1,162,740	$	(2,218,808	)	$	155,706,684
	December 31, 2013
	Available for sale
	U. S. treasury	$	1,249,831	$	156	$	—		$	1,249,987
	U.S. government agency	42,942,107		—		(2,206,975		)	40,735,132
	Municipal securities	61,190,506		601,327		(2,525,198		)	59,266,635
	Mortgage backed securities
	FHLMC certificates	5,214,835		75,950		(84,819		)	5,205,966
	FNMA certificates	19,055,521		161,209		(513,728		)	18,703,002
	GNMA certificates	40,878,372		127,750		(1,084,896		)	39,921,226
	SBA loan pools	7,339,052		—		(251,224		)	7,087,828
		$	177,870,224	$	966,392	$	(6,666,840	)	$	172,169,776
	At June 30, 2014 and December 31, 2013, securities with unrealized losses segregated by length of impairment were as follows:
		June 30, 2014
		Less than 12 months				12 Months or More					Total
		Fair		Unrealized		Fair			Unrealized		Fair		Unrealized
		value		losses		value			losses		value		losses
	Unrealized losses
	U.S. Treasury	$	1,501,800	$	72	$	—		$	—	$	1,501,800	$	72
	U.S. government agency	1,498,200		843		33,760,055			1,180,032		35,258,255		1,180,875
	Municipal securities	1,657,163		5,557		7,924,050			157,761		9,581,213		163,318
	Mortgage backed securities	9,349,092		27,593		41,018,377			622,137		50,367,469		649,730
	SBA loan pools	—		—		6,531,025			224,813		6,531,025		224,813
		$	14,006,255	$	34,065	$	89,233,507		$	2,184,743	$	103,239,762	$	2,218,808
		December 31, 2013
		Less than 12 months				12 Months or More					Total
		Fair		Unrealized		Fair			Unrealized		Fair		Unrealized
		value		losses		value			losses		value		losses
	Unrealized losses
	U.S. government agency	$	39,324,082	$	2,107,099	$	1,411,050		$	99,876	$	40,735,132	$	2,206,975
	Municipal securities	30,367,222		1,654,439		9,190,578			870,759		39,557,800		2,525,198
	Mortgage backed securities	41,518,287		1,456,886		4,823,932			226,557		46,342,219		1,683,443
	SBA loan pools	7,087,828		251,224		—			—		7,087,828		251,224
		$	118,297,419	$	5,469,648	$	15,425,560		$	1,197,192	$	133,722,979	$	6,666,840
	At June 30, 2014 and December 31, 2013, we had 70 and 26 investment securities, respectively, in an unrealized loss position greater than the 12 months time frame and 13 and 120 securities, respectively, in an unrealized loss position less than the 12 months time frame.  We consider all unrealized losses on securities as of June 30, 2014 to be temporary losses because we will redeem each security at face value at or prior to maturity.  We have the ability and intent to hold these securities until recovery or maturity.  As of June 30, 2014, we do not have the intent to sell any of the securities classified as available for sale and believe that it is more likely than not that we will not have to sell any such securities before a recovery of cost.  In most cases, market interest rate fluctuations cause a temporary impairment in value.  We expect the fair value to recover as the investments approach their maturity date or re-pricing date or if market yields for these investments decline.  We do not believe that credit quality caused the impairment in any of these securities.  Because we believe these impairments are temporary, we have not realized any loss in our consolidated statement of income.
	We have recorded from the sale or call of investment securities a net gain of $130 thousand, representing gross realized gains of $599 thousand and gross realized losses of $469 thousand, for the three month period ending June 30, 2014 compared to $10 thousand in gains realized for the same three month period last year.  We have recorded from the sale or call of investment securities a net gain of $130 thousand, representing gross realized gains of $599 thousand and gross realized losses of $469 thousand, for the six month period ending June 30, 2014 compared to a net gain of $641 thousand, representing gross realized gains of $857 thousand and gross realized losses of $216 thousand, for the six month period ended June 30, 2013.  We received $34.4 million and $82.9 million, in proceeds from sales, maturities or calls and principal pay-downs of investment securities for the six month periods ending June 30, 2014 and 2013, respectively. The mortgage backed securities (“MBS”) were sold to rebalance the portfolio to enhance performance and mitigate risk.  We divested higher premium, poorly structured MBS and lower yielding, longer duration agencies to re-position the portfolio into well structured, better cash flowing, shorter collateral, 15 year agency MBS. In continuing our efforts to re-position the investment portfolio and to reduce interest rate and mark to market risk, we sold $15.9 million of our municipal bonds.  The net proceeds of this transaction are being held by Old Line Bank for future loan originations.
	Contractual maturities and pledged securities at June 30, 2014 are shown below.  Actual maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without prepayment penalties.  We classify MBS based on maturity date.  However, we receive payments on a monthly basis.
		Available for Sale
	June 30, 2014	Amortized		Fair
		cost		value
	Maturing
	Within one year	$	4,791,851	$	4,891,618
	Over one to five years	68,497,283		68,759,945
	Over five to ten years	77,624,026		76,359,017
	Over ten years	5,849,592		5,696,104
		$	156,762,752	$	155,706,684
	Pledged securities	$	47,349,043	$	46,897,329

LOANS

LOANS	6 Months Ended
	Jun. 30, 2014
LOANS	'
LOANS	'
	5.                                      LOANS
	Major classifications of loans held for investment are as follows:
		June 30, 2014									December 31, 2013
		Legacy (1)			Acquired			Total			Legacy (1)			Acquired			Total
	Commercial Real Estate
	Owner Occupied	$	187,124,133		$	29,113,170		$	216,237,303		$	163,105,356		$	30,102,731		$	193,208,087
	Investment	184,191,948			49,857,024			234,048,972			162,188,671			54,091,676			216,280,347
	Hospitality	70,270,167			8,488,192			78,758,359			67,291,387			8,546,239			75,837,626
	Land and A&D	39,372,717			6,218,974			45,591,691			40,595,806			8,399,178			48,994,984
	Residential Real Estate
	First Lien-Investment	46,755,367			25,922,696			72,678,063			45,294,434			28,364,096			73,658,530
	First Lien-Owner Occupied	22,724,438			56,888,860			79,613,298			13,909,939			62,247,502			76,157,441
	Residential Land and A&D	21,780,539			12,936,038			34,716,577			19,845,291			13,724,942			33,570,233
	HELOC and Jr. Liens	20,299,270			3,252,204			23,551,474			18,302,560			3,359,063			21,661,623
	Commercial and Industrial	89,550,006			9,878,095			99,428,101			89,629,043			11,161,347			100,790,390
	Consumer	9,550,881			646,639			10,197,520			10,127,525			870,843			10,998,368
		691,619,466			203,201,892			894,821,358			630,290,012			220,867,617			851,157,629
	Allowance for loan losses	(5,959,162		)	(365,421		)	(6,324,583		)	(4,397,552		)	(531,661		)	(4,929,213		)
	Deferred loan costs, net	1,039,169			(11,158		)	1,028,011			1,021,167			(993		)	1,020,174
		$	686,699,473		$	202,825,313		$	889,524,786		$	626,913,627		$	220,334,963		$	847,248,590
	(1)  As a result of the acquisitions of Maryland Bankcorp, Inc. (Maryland Bankcorp), the parent company of Maryland Bank & Trust Company, N.A. (MB&T), in April 2011 and of WSB Holdings, the parent company of WSB, in May 2013, we have segmented the portfolio into two components, loans originated by Old Line Bank (legacy) and loans acquired from MB&T and WSB (acquired).
	Credit policies and Administration
	We have adopted a comprehensive lending policy, which includes stringent underwriting standards for all types of loans.  We have designed our underwriting standards to promote a complete banking relationship rather than a transactional relationship.  In an effort to manage risk, prior to funding, the loan committee consisting of the Executive Officers and seven members of the Board of Directors must approve by a majority vote all credit decisions in excess of a lending officer’s lending authority.  Management believes that it employs experienced lending officers, secures appropriate collateral and carefully monitors the financial condition of its borrowers and loan concentrations.
	In addition to the internal business processes employed in the credit administration area, Old Line Bank retains an outside independent firm to review the loan portfolio.  This firm performs a detailed annual review and an interim update.
	We use the results of the firm’s report to validate our internal ratings and we review the commentary on specific loans and on our loan administration activities in order to improve our operations.
	Commercial Real Estate Loans
	We finance commercial real estate for our clients, for owner occupied and investment properties, in addition to hospitality properties and construction.  Commercial real estate loans totaled $574.6 million and $534.3 million at June 30, 2014 and December 31, 2013, respectively.  This lending has involved loans secured by owner-occupied commercial buildings for office, storage and warehouse space, as well as non-owner occupied commercial buildings.  Our underwriting criteria for commercial real estate loans include maximum loan-to-value ratios, debt coverage ratios, secondary sources of repayments, guarantor requirements, net worth requirements and quality of cash flows.  Loans secured by commercial real estate may be large in size and may involve a greater degree of risk than one-to-four family residential mortgage loans.  Payments on such loans are often dependent of successful operation or management of the properties.  We will generally finance owner occupied commercial real estate at a maximum loan to value of 85% and investor real estate at a maximum loan to value of 75%.
	Commercial real estate lending entails significant risks.  Risks inherent in managing our commercial real estate portfolio relate to sudden or gradual drops in property values as well as changes in the economic climate that may detrimentally impact the borrower’s ability to repay.  We monitor the financial condition and operating performance of the borrower through a review of annual tax returns and updated financial statements.  In addition, we meet with the borrower and/or perform site visits as required.
	At June 30, 2014, we had approximately $78.8 million of commercial real estate loans outstanding to the hospitality industry.  An internal review of these loans indicates that they generally have a low loan to value, more than acceptable existing or projected cash flow, are to experienced operators and are generally dispersed throughout the region.
	Residential Real Estate Loans
	We offer a variety of consumer oriented residential real estate loans.  A portion of our portfolio is made up of home equity loans to individuals with a loan to value not exceeding 80%.  Our initial underwriting includes an analysis of the borrower’s debt/income ratio which generally may not exceed 43%.  We also consider the borrower’s length of employment and prior credit history in the approval process.  We require borrowers to have a credit score of at least 660.  We do not have any subprime residential real estate loans.
	We obtain detailed loan applications to determine a borrower’s ability to repay and verify the more significant items on these applications through credit reports, financial statements and confirmations.  We also require appraisals of collateral and title insurance on secured real estate loans.  Most borrowers must establish a mortgage escrow account for items such as real estate taxes, governmental charges and hazard and private mortgage insurance premiums.
	A portion of this segment of the loan portfolio consists of funds advanced for construction of custom single family residences (where the home buyer is the borrower), financing to builders for the construction of pre-sold homes, and loans for multi-family housing.  These loans generally have short durations, meaning maturities typically of nine months or less.  Residential houses, multi-family dwellings and commercial buildings under construction and the underlying land for which the loan was obtained secure the construction loans.  The vast majority of these loans are concentrated in our primary market area.
	Construction lending also entails significant risk.  These risks involve larger loan balances concentrated with single borrowers with funds advanced upon the security of the land or the project under construction.  An appraisal of the property estimates the value of the project prior to completion of construction.  Thus, it is more difficult to accurately evaluate the total loan funds required to complete a project and related loan to value ratios.  To mitigate the risks, we generally limit loan amounts to 80% of appraised values and obtain first lien positions on the property.
	We generally only offer real estate construction financing to experienced builders, commercial entities or individuals who have demonstrated the ability to obtain a permanent loan “take-out.”  We also perform a complete analysis of the borrower and the project under construction.  This analysis includes a review of the cost to construct, the borrower’s ability to obtain a permanent “take-out”, the cash flow available to support the debt payments and construction costs in excess of loan proceeds, and the value of the collateral.  During construction, we advance funds on these loans on a percentage of completion basis.  We inspect each project as needed prior to advancing funds during the term of the construction loan.
	We also offer fixed rate home improvement loans.  Our home equity and home improvement loan portfolio gives us a diverse client base.  Although most of these loans are in our primary market area, the diversity of the individual loans in the portfolio reduces our potential risk.  Usually, we secure our home equity loans and lines of credit with a security interest in the borrower’s primary or secondary residence.
	Construction lending entails significant risk.  These risks involve larger loan balances concentrated with single borrowers with funds advanced upon the security of the land or the project under construction.  An appraisal of the property estimates the value of the project prior to completion of construction.  Thus, it is more difficult to accurately evaluate the total loan funds required to complete a project and related loan to value ratios.  To mitigate these risks, we generally limit loan amounts to 80% or less of appraised values, obtain first lien positions on the property securing the loan, and adhere to established underwriting procedures.  In addition, we generally offer real estate construction financing only to experienced builders, commercial entities or individuals who have demonstrated the ability to obtain a permanent loan “take-out” (conversion to a permanent mortgage upon completion of the project).  We also perform a complete analysis of the borrower and the project under construction.  This analysis includes a review of the cost to construct, the borrower’s ability to obtain a permanent “take-out,” the cash flow available to support the debt payments and construction costs in excess of loan proceeds, and the value of the collateral.  During construction, we advance funds on these loans on a percentage of completion basis.  We inspect each project as needed prior to advancing funds during the term of the construction loan.
	Under our loan approval policy, all residential real estate loans approved must comply with federal regulations.  Generally, we will make residential mortgage loans in amounts up to the limits established from time to time by Fannie Mae and Freddie Mac for secondary market resale purposes.  This amount for single-family residential loans currently varies from $417,000 up to a maximum of $625,500 for certain high-cost designated areas.  We also make residential mortgage loans up to limits established by the Federal Housing Administration, which currently is $625,500.  The Washington, D.C. and Baltimore areas are both considered high-cost designated areas.  We will, however, make loans in excess of these amounts if we believe that we can sell the loans in the secondary market or that the loans should be held in our portfolio.  For loans sold in the secondary market, we require a credit score of at least 640 with some exceptions to 620 for Veterans.  Loans sold in the secondary market are sold to investors on a servicing released basis and recorded as loans as held-for-sale.  The premium is recorded in gain on sale of loans in non-interest income, net of commissions paid to the loan officers.
	Commercial and Industrial Lending
	Our commercial and industrial lending consists of lines of credit, revolving credit facilities, accounts receivable financing, term loans, equipment loans, SBA loans, standby letters of credit and unsecured loans.  We originate commercial loans for any business purpose including the financing of leasehold improvements and equipment, the carrying of accounts receivable, general working capital and acquisition activities. We have a diverse client base and we do not have a concentration of these types of loans in any specific industry segment.  We generally secure commercial business loans with accounts receivable, equipment, deeds of trust and other collateral such as marketable securities, cash value of life insurance, and time deposits at Old Line Bank.
	Commercial business loans have a higher degree of risk than residential mortgage loans because the availability of funds for repayment generally depends on the success of the business.  They may also involve higher average balances and an increased difficulty monitoring.  To help manage these risks, we typically limit these loans to proven businesses and we generally obtain appropriate collateral and personal guarantees from the borrower’s principal owners and monitor the financial condition of the business.  For loans in excess of $250,000, monitoring usually includes a review of the borrower’s annual tax returns and updated financial statements.
	Consumer Installment Lending
	We offer various types of secured and unsecured consumer loans.  We make consumer loans for personal, family or household purposes as a convenience to our customer base.  This category includes our luxury boat loans, which we made prior to 2008 and that remain in our portfolio.  Consumer loans, however, are not a focus of our lending activities.  The underwriting standards for consumer loans include a determination of the applicant’s payment history on other debts and an assessment of his or her ability to meet existing obligations and payments on the proposed loan.  As a general guideline, the borrower’s total debt service should not exceed 40% of his or her gross income.
	Consumer loans may present greater credit risk than residential mortgage loans because many consumer loans are unsecured or rapidly depreciating assets secure these loans.  Repossessed collateral for a defaulted consumer loan may not provide an adequate source of repayment of the outstanding loan balance because of the greater likelihood of damage, loss or depreciation.  Consumer loan collections depend on the borrower’s continuing financial stability.  If a borrower suffers personal financial difficulties, the loan may not be repaid.  Also, various federal and state laws, including bankruptcy and insolvency laws, may limit the amount we can recover on such loans.  However, in our opinion, many of these risks do not apply to the luxury boat portion of the loan portfolio due to the credit quality and liquidity of these borrowers.
	Concentrations of Credit
	Most of our lending activity occurs within the state of Maryland within the suburban Washington D.C. market area in Anne Arundel, Calvert, Charles, Montgomery, Prince George’s and St. Mary’s Counties.  The majority of our loan portfolio consists of commercial real estate loans and residential real estate loans.
	Non-Accrual and Past Due Loans
	We consider all loans past due if the borrower has not paid the required principal and interest payments when due under the original or modified terms of the promissory note and place a loan on non-accrual status when the payment of principal or interest has become 90 days past due.  When we classify a loan as non-accrual, we no longer accrue interest on such loan and we reverse any interest previously accrued but not collected.  We will generally restore a non-accrual loan to accrual status when the borrower brings delinquent principal and interest payments current and we expect to collect future monthly principal and interest payments.  We recognize interest on non-accrual legacy loans only when received.  We originally recorded purchased, credit-impaired loans at fair value upon acquisition, and an accretable yield is established and recognized as interest income on purchased loans to the extent subsequent cash flows support the estimated accretable yield.  Purchased, credit-impaired loans that perform consistent with the accretable yield expectations are not reported as non-accrual or non-performing.  However, purchased, credit-impaired loans that do not continue to perform according to accretable yield expectations are considered impaired, and presented as non-accrual and non-performing.  Currently, management expects to fully collect the carrying value of acquired, credit-impaired loans.
	The table below presents an aging analysis of the loan held for investment portfolio at June 30, 2014 and December 31, 2013.
		Age Analysis of Past Due Loans
		June 30, 2014									December 31, 2013
		Legacy			Acquired			Total			Legacy			Acquired			Total
	Current	$	681,591,488		$	199,859,028		$	881,450,516		$	620,559,847		$	214,086,692		$	834,646,539
	Accruing past due loans:
	30-89 days past due Commercial Real Estate:
	Owner Occupied	—			56,117			56,117			828,388			54,035			882,423
	Investment	—			—			—			—			534,694			534,694
	Residential Real Estate:
	First-Investment	276,081			—			276,081			521,405			845,018			1,366,423
	First-Owner Occupied	—			147,403			147,403			—			2,584,408			2,584,408
	Land and A&D	1,277,061			—			1,277,061			—			35,162			35,162
	Commercial	609,000			1,274,838			1,883,838			224,322			396,215			620,537
	Consumer	15,048			—			15,048			—			14,108			14,108
Total 30-89 days past due	2,177,190			1,478,358			3,655,548			1,574,115			4,463,640			6,037,755
90 or more days past due Commercial Real Estate:
Owner Occupied	—			—			—			—			309,767			309,767
Residential Real Estate:
First-Owner Occupied	—			1,198,405			1,198,405			—			429,144			429,144
Land and A&D	—			73,087			73,087			—			915,649			915,649
Commercial	491,569			—			491,569			—			—			—
Consumer	182,748			—			182,748			—			—			—
Total 90 or more days past due	674,317			1,271,492			1,945,809			—			1,654,560			1,654,560
Total accruing past due loans	2,851,507			2,749,850			5,601,357			1,574,115			6,118,200			7,692,315
Recorded Investment Non-accruing loans:
Commercial Real Estate:
Owner Occupied	1,849,685			—			1,849,685			1,849,685			—			1,849,685
Investment	—			400,375			400,375			—			376,050			376,050
Hospitality	4,473,345			—			4,473,345			4,473,345			—			4,473,345
Land and A&D	—			128,376			128,376			—			—			—
Residential Real Estate:
First-Investment	118,674			—			118,674			123,183			—			123,183
First-Owner Occupied	—			64,263			64,263			925,814			156,143			1,081,957
Land and A&D	—			—			—			—			130,532			130,532
Commercial	734,767			—			734,767			769,597			—			769,597
Consumer	—			—			—			14,426			—			14,426
Total Recorded Investment
Non-accruing past due loans:	7,176,471			593,014			7,769,485			8,156,050			662,725			8,818,775
Total Loans	$	691,619,466		$	203,201,892		$	894,821,358		$	630,290,012		$	220,867,617		$	851,157,629
We consider all non-performing loans and troubled debt restructurings (TDRs) to be impaired. We do not recognize interest income on non-performing loans during the time period that the loans are non-performing. We only recognize interest income on non-performing loans when we receive payment in full for all amounts due of all contractually required principle and interest, and the loan is current with its contractual terms.
The tables below present our impaired loans at June 30, 2014 and December 31, 2013.
										Three months ended						Six months ended
										June 30, 2014						June 30, 2014
Impaired Loans	Unpaid			Recorded			Related			Average			Interest			Average			Interest Income
Legacy	Principal			Investment			Allowance			Recorded			Income			Recorded			Recognized
	Balance									Investment			Recognized			Investment
With no related allowance recorded:
Commercial Real Estate:
Owner Occupied	$	2,115,118		$	2,115,118		$	—		$	2,115,118		$	—		$	2,120,422		$	—
Investment	1,339,561			1,339,561			—			1,339,561			13,952			1,350,641			29,360
Residential Real Estate:
First-Investment	118,674			118,674			—			118,505			—			120,304			—
Commercial	734,767			734,767			—			737,767			2,426			757,814			4,777
With an allowance recorded:
Commercial Real Estate:
Hospitality	4,473,345			4,473,345			2,658,345			4,473,345			—			4,473,345			—
Commercial	425,670			425,670			184,444			425,670			3,294			441,423			6,919
Consumer	182,748			182,748			45,687			182,748			—			183,392			1,847
Total legacy impaired	9,389,883			9,389,883			2,888,476			9,392,714			19,672			9,447,341			42,903
Acquired (1)
With no related allowance recorded:
Residential Real Estate:
First-Investment	287,294			287,294			—			287,294			—			299,338			—
First-Owner Occupied	1,826,587			1,794,050			—			1,474,969			7,996			1,919,205			20,924
Land and A&D	1,476,850			721,212			—			1,519,568			13,345			1,857,535			16,216
Commercial	85,926			85,926			—			85,926			1,086			86,591			1,827
With an allowance recorded:
Commercial Real Estate:
Investment	371,806			371,806			281,651			371,806			1,086			371,996			1,086
Residential Real Estate:
Land and A&D	131,031			131,031			83,770			131,031			—			131,031			—
Total acquired impaired	4,179,494			3,391,319			365,421			3,870,594			23,513			4,665,696			40,053
Total impaired	$	13,569,377		$	12,781,202		$	3,253,897		$	13,263,308		$	43,185		14,113,037			$	82,956
(1)             Generally accepted accounting principles require that we initially record acquired loans at fair value which includes a discount for loans with credit impairment. These loans are not performing according to their contractual terms and meet the definition of an acquired, credit-impaired loan. Although we do not accrue interest income at the contractual rate on these loans, we do recognize an accretable yield as interest income to the extent such yield is supported by cash flow analysis of the underlying loans.  Acquired, credit-impaired loans where the cash flows do not perform according to initial accretable yield estimates are considered impaired.
Impaired Loans
Twelve months ended December 31, 2013
Legacy	Unpaid			Recorded			Related			Average			Interest
	Principal			Investment			Allowance			Recorded			Income
	Balance									Investment			Recognized
With no related allowance recorded:
Commercial Real Estate:
Owner Occupied	$	1,849,685		$	1,849,685		$	—		$	1,855,418		$	70,711
Residential Real Estate:
First-Investment	123,183			123,183			—			129,105			—
Commercial	2,136,376			2,136,376			—			2,235,110			90,917
With an allowance recorded:
Commercial Real Estate:
Owner Occupied	274,516			274,516			137,258			282,630			18,177
Investment	1,363,821			1,363,821			136,382			1,385,973			63,855
Hospitality	4,473,345			4,473,345			1,250,000			4,491,435			105,772
Residential Real Estate:
First-Owner Occupied	925,814			925,814			167,450			931,492			16,664
Commercial	459,439			459,439			191,753			510,230			31,018
Consumer	7,390			7390			7,390			7,426			32
Total legacy impaired	11,613,569			11,613,569			1,890,233			11,828,819			397,146
Acquired (1)
With no related allowance recorded:
Commercial Real Estate:
Owner Occupied	605,314			579,583			—			590,677			24,821
Residential Real Estate:
Land and A&D	1,628,156			241,624			—			241,624			—
Commercial	87,387			87,387			—			88,508			4,533
With an allowance recorded:
Commercial Real Estate:
Investment	372,047			376,050			279,037			376,047			17,509
Residential Real Estate:
First-Owner Occupied	411,891			412,742			187,109			414,020			11,460
Land and A&D	131,031			130,532			65,515			130,332			8,709
Total acquired impaired	3,235,826			1,827,918			531,661			1,841,208			67,032
Total impaired	$	14,849,395		$	13,441,487		$	2,421,894		$	13,670,027		$	464,178
(1)         Generally accepted accounting principles require that we record acquired loans at fair value at acquisition date.  These loans are not performing according to their contractual terms and meet our definition of an impaired loan.  Although we do not accrue interest income at the contractual rate on these loans, we may accrete their fair value discounts to interest income as a result of pre-payments that exceeds our cash flow expectations or payment in full of amounts due even though we classify them as non-accrual.
We consider a loan a TDR when we conclude that both of the following conditions exist: the restructuring constitutes a concession and the debtor is experiencing financial difficulties.  Restructured loans at June 30, 2014 consisted of four loans for $598 thousand compared to five loans at December 31, 2013 for $667 thousand.  We had no loans that were modified as a TDR during the three and six month periods ending June 30, 2014 and one loan in the amount of $60 thousand that was modified as a TDR during the six months ending June 30, 2013.  We had no loans that were modified as a TDR that defaulted within twelve months of the modification date during the three and six month periods ending June 30, 2014.
Acquired impaired loans
The following table documents changes in the accretable discount on acquired impaired loans during the six months ended June 30, 2014 and 2013, along with the outstanding balances and related carrying amounts for the beginning and end of those respective periods.
	Six Months Ended June 30,
	2014			2013
Balance at beginning of period	$	40,771		$	—
Additions due to WSB acquisition	—			2,644,163
Accretion of fair value discounts	(646,861		)	(632,786		)
Reclassification from non-accretable	579,301			573,682
Balance at end of period	$	(26,789	)	$	2,585,059
	Contractually			Carrying Amount
	Required Payments
	Receivable
At June 30, 2014	$	10,853,648		$	7,994,957
At December 31, 2013	12,482,792			8,742,777
At June 30, 2013	57,176,676			31,245,470
At December 31, 2012	24,930,742			13,363,882
Credit Quality Indicators
We review the adequacy of the allowance for loan losses at least quarterly.  We base the evaluation of the adequacy of the allowance for loan losses upon loan categories.  We categorize loans as residential real estate loans, commercial real estate loans, commercial loans and consumer loans.  We further divide commercial real estate loans by owner occupied, investment, hospitality and land acquisition and development.  We also divide residential real estate by owner occupied, investment, land acquisition and development and junior liens.  All categories are divided by risk rating and loss factors and weighed by risk rating to determine estimated loss amounts.  We evaluate delinquent loans and loans for which management has knowledge about possible credit problems of the borrower or knowledge of problems with collateral separately and assign loss amounts based upon the evaluation.
We determine loss ratios for all loans based upon a review of the three year loss ratio for the category and qualitative factors.
We charge off loans that management has identified as losses.  We consider suggestions from our external loan review firm and bank examiners when determining which loans to charge off.  We automatically charge off consumer loan accounts based on regulatory requirements.
If a loan that was previously rated a pass performing loan, from our acquisitions, deteriorates subsequent to the acquisition, the subject loan will be assessed for risk and, if necessary, evaluated for impairment.  If the risk assessment rating is adversely changed and the loan is determined to not be impaired, the loan will be placed in a migration category and the credit mark established for the loan will be compared to the general reserve allocation that would be applied using the current allowance for loan losses formula for General Reserves.  If the credit mark exceeds the allowance for loan losses formula for General Reserves, there will be no change to the allowance for loan losses.  If the credit mark is less than the current allowance for loan losses formula for General Reserves, the allowance for loan losses will be increased by the amount of the shortfall by a provision recorded in the income statement. If the loan is deemed impaired, the loan will be subject to evaluation for loss exposure and a specific reserve.  If the estimate of loss exposure exceeds the credit mark, the allowance for loan losses will be increased by the amount of the excess loss exposure through a provision.  If the credit mark exceeds the estimate of loss exposure there will be no change to the allowance for loan losses.  If a loan from the acquired loan portfolio is carrying a specific credit mark and a current evaluation determines that there has been an increase in loss exposure, the allowance for loan losses will be increased by the amount of the current loss exposure in excess of the credit mark.
The following tables outline the class of loans by risk rating at June 30, 2014 and December 31, 2013:
	Account Balance
June 30, 2014	Legacy			Acquired			Total
Risk Rating
Pass (1-5)
Commercial Real Estate:
Owner Occupied	$	184,161,521		$	26,465,177		$	210,626,698
Investment	181,429,368			47,849,499			229,278,867
Hospitality	65,796,822			8,488,192			74,285,014
Land and A&D	36,279,930			5,982,145			42,262,075
Residential Real Estate:
First-Investment	45,411,599			25,276,969			70,688,568
First-Owner Occupied	22,639,531			55,580,621			78,220,152
Land and A&D	19,568,029			11,801,285			31,369,314
HELOC and Jr. Liens	20,299,269			3,252,204			23,551,473
Commercial	85,541,917			8,195,089			93,737,006
Consumer	9,368,133			646,639			10,014,772
	670,496,119			193,537,820			864,033,939
Special Mention (6)
Commercial Real Estate:
Owner Occupied	1,112,925			2,072,994			3,185,919
Investment	1,423,020			857,150			2,280,170
Land and A&D	3,092,788			236,829			3,329,617
Residential Real Estate:
First-Investment	1,225,094			143,502			1,368,596
First-Owner Occupied	84,907			631,017			715,924
Land and A&D	2,212,511			370,807			2,583,318
Commercial	2,847,652			708,153			3,555,805
	11,998,897			5,020,452			17,019,349
Substandard (7)
Commercial Real Estate:
Owner Occupied	1,849,685			575,000			2,424,685
Investment	1,339,561			1,150,375			2,489,936
Hospitality	4,473,345			—			4,473,345
Residential Real Estate:
First-Investment	118,674			502,225			620,899
First-Owner Occupied	—			677,222			677,222
Land and A&D	—			763,945			763,945
Commercial	1,160,437			974,853			2,135,290
Consumer	182,748			—			182,748
	9,124,450			4,643,620			13,768,070
Doubtful (8)	—			—			—
Loss (9)	—			—			—
Total	$	691,619,466		$	203,201,892		$	894,821,358
	Account Balance
December 31, 2013	Legacy			Acquired			Total
Risk Rating
Pass (1-5)
Commercial Real Estate:
Owner Occupied	$	159,945,564		$	27,089,317		$	187,034,881
Investment	159,392,609			51,664,220			211,056,829
Hospitality	62,818,042			8,546,240			71,364,282
Land and A&D	37,383,344			8,148,372			45,531,716
Residential Real Estate:
First-Investment	44,064,312			27,103,460			71,167,772
First-Owner Occupied	12,896,971			60,399,843			73,296,814
Land and A&D	17,778,528			12,678,761			30,457,289
HELOC and Jr. Liens	18,302,559			3,359,063			21,661,622
Commercial	85,415,692			9,529,078			94,944,770
Consumer	10,113,098			870,843			10,983,941
	608,110,719			209,389,197			817,499,916
Special Mention (6)
Commercial Real Estate:
Owner Occupied	1,310,107			2,128,647			3,438,754
Investment	1,432,243			835,918			2,268,161
Hospitality	—			—			—
Land and A&D	3,212,463			250,806			3,463,269
Residential Real Estate:
First-Investment	1,106,938			733,107			1,840,045
First-Owner Occupied	87,154			762,920			850,074
Land and A&D	2,066,763			—			2,066,763
HELOC and Jr. Liens	—			—			—
Commercial	1,841,859			646,700			2,488,559
Consumer	—			—			—
	11,057,527			5,358,098			16,415,625
Substandard (7)
Commercial Real Estate:
Owner Occupied	1,849,685			884,767			2,734,452
Investment	1,363,821			1,591,538			2,955,359
Hospitality	4,473,345			—			4,473,345
Land and A&D	—			—			—
Residential Real Estate:
First-Investment	123,183			527,528			650,711
First-Owner Occupied	925,812			1,084,740			2,010,552
Land and A&D	—			1,046,181			1,046,181
HELOC and Jr. Liens	—			—			—
Commercial	2,371,493			985,568			3,357,061
Consumer	14,427			—			14,427
	11,121,766			6,120,322			17,242,088
Doubtful (8)	—			—			—
Loss (9)	—			—			—
Total	$	630,290,012		$	220,867,617		$	851,157,629
The following table details activity in the allowance for loan losses by portfolio segment for the three and six month periods ended June 30, 2014 and 2013.  Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories.  During the fourth quarter of 2013, the loan segments were changed to align with our new allowance methodology, which resulted in balance transfers from prior loan categories being assigned to each new loan segment.
Three months ending June 30, 2014	Commercial			Commercial			Residential			Consumer			Total
				Real Estate			Real Estate
Beginning balance	$	844,243		$	3,311,658		$	696,642		$	29,396		$	4,881,939
General provision for loan losses	(171,084		)	1,546,938			207,587			58,223			1,641,664
Provision (credit) for loan losses for loans acquired with deteriorated credit quality	—			2,616			(100,000		)	—			(97,384		)
Recoveries	2,216			20			28,600			4,452			35,288
	675,375			4,861,232			832,829			92,071			6,461,507
Loans charged off	(1,000		)	—			(111,641		)	(24,283		)	(136,924		)
Ending Balance	$	674,375		$	4,861,232		$	721,188		$	67,788		$	6,324,583
Six months ending June 30, 2014	Commercial			Commercial			Residential			Consumer			Total
				Real Estate			Real Estate
Beginning balance	$	495,051		$	3,569,395		$	841,234		$	23,533		$	4,929,213
General provision for loan losses	176,613			1,289,161			257,077			70,328			1,793,179
Provision (credit) for loan losses for loans acquired with deteriorated credit quality	—			2,616			18,254			—			20,870
Recoveries	4,711			60			36,270			8,478			49,519
	676,375			4,861,232			1,152,835			102,339			6,792,781
Loans charged off	(2,000		)	—			(431,647		)	(34,551		)	(468,198		)
Ending Balance	$	674,375		$	4,861,232		$	721,188		$	67,788		$	6,324,583
Amount allocated to:
Legacy Loans:
Individually evaluated for impairment	$	184,444		$	2,658,345		$	—		$	45,687		$	2,888,476
Other loans not individually evaluated	489,931			1,921,236			637,418			22,101			3,070,686
Acquired Loans:
Individually evaluated for impairment	—			281,651			83,770			—			365,421
Ending balance	$	674,375		$	4,861,232		$	721,188		$	67,788		$	6,324,583
Three Months Ended June 30, 2013	Real			Commercial			Boats			Other			Total
	Estate									Consumer
Beginning balance	$	2,887,769		$	784,024		$	240,959		$	140,195		$	4,052,947
Provision for loan losses	(266,540		)	140,365			7,579			(23,028		)	(141,624		)
Provision for loan losses for loans acquired with deteriorated credit quality	341,624			—			—			—			341,624
Recoveries	10,303			7,093			—			13,768			31,164
	2,973,156			931,482			248,538			130,935			4,284,111
Loans charged off	—			(46,785		)	—			(46		)	(46,831		)
Ending Balance	$	2,973,156		$	884,697		$	248,538		$	130,889		$	4,237,280
Six Months Ending June 30, 2013	Real			Commercial			Boats			Other			Total
	Estate									Consumer
Beginning balance	$	2,826,584		$	755,954		$	248,928		$	133,881		$	3,965,347
Provision for loan losses	(243,887		)	254,035			(390		)	(26,382		)	(16,624		)
Provision for loan losses for loans acquired with deteriorated credit quality	416,624			—			—			—			416,624
Recoveries	41,686			24,089			—			36,442			102,217
	3,041,007			1,034,078			248,538			143,941			4,467,564
Loans charged off	(67,851		)	(149,381		)	—			(13,052		)	(230,284		)
Ending Balance	$	2,973,156		$	884,697		$	248,538		$	130,889		$	4,237,280
Amount allocated to:
Legacy Loans:
Individually evaluated for impairment	$	25,000		$	—		$	—		$	—		$	25,000
Collectively evaluated for impairment	2,556,532			884,697			248,538			130,889			3,820,656
Acquired Loans:
Individually evaluated for impairment	391,624			—			—			—			391,624
Ending balance	$	2,973,156		$	884,697		$	248,538		$	130,889		$	4,237,280
Our recorded investment in loans at June 30, 2014 and 2013 related to each balance in the allowance for probable loan losses by portfolio segment and disaggregated on the basis of our impairment methodology was as follows:
June 30, 2014	Commercial			Commercial			Residential			Consumer			Total
				Real Estate			Real Estate
Legacy loans:
Individually evaluated for impairment with specific reserve	$	425,670		$	4,473,345		$	—		$	182,748		$	5,081,763
Individually evaluated for impairment without specific reserve	734,767			3,454,679			118,674			—			4,308,120
Other loans not individually evaluated	88,389,569			473,030,942			111,440,939			9,368,133			682,229,583
Acquired loans:
Individually evaluated for impairment with specific reserve subsequent to acquisition (ASC 310-20 at acquisition)	—			371,806			131,031			—			502,837
Individually evaluated for impairment without specific reserve (ASC 310-20 at acquisition)	85,926			—			2,802,556			—			2,888,482
Collectively evaluated for impairment without reserve (ASC 310-20 at acquisition)	9,792,169			93,305,554			96,066,211			646,639			199,810,573
Ending balance	$	99,428,101		$	574,636,326		$	210,559,411		$	10,197,520		$	894,821,358
June 30, 2013	Real Estate			Commerical			Boats			Other			Total
										Consumer
Legacy loans:
Individually evaluated for impairment with specific reserve	$	499,122		$	—		$	—		$	—		$	499,122
Individually evaluated for impairment without specific reserve	3,275,454			1,685,700			—			—			4,961,154
Collectively evaluated for impairment without reserve	401,243,435			99,268,982			7,060,527			2,874,064			510,447,008
Acquired loans:
Individually evaluated for impairment with specific reserve subsequent to acquisition (ASC 310-20 at acquisition)	1,603,144			—			—			—			1,603,144
Individually evaluated for impairment without specific reserve (ASC 310-30 at acquisition)	31,153,510			764,372			—			—			31,917,882
Collectively evaluated for impairment without reserve (ASC 310-20 at acquisition)	228,726,807			11,024,500			—			1,181,292			240,932,599
Ending balance	$	666,501,472		$	112,743,554		$	7,060,527		$	4,055,356		$	790,360,909

OTHER_REAL_ESTATE_OWNED

OTHER REAL ESTATE OWNED	6 Months Ended
	Jun. 30, 2014
OTHER REAL ESTATE OWNED	'
OTHER REAL ESTATE OWNED	'
	6.                                      OTHER REAL ESTATE OWNED
	At June 30, 2014 and December 31, 2013, the fair value of other real estate owned was $4.6 million and $4.3 million, respectively.  As a result of the acquisitions of Maryland Bankcorp and WSB Holdings, we have segmented the other real estate owned into two components, real estate obtained as a result of loans originated by Old Line Bank (legacy) and other real estate acquired from MB&T and WSB or obtained as a result of loans originated by MB&T and WSB (acquired).
	The following outlines the transactions in other real estate owned during the period.
	Six months ended June 30, 2014	Legacy			Acquired			Total
	Beginning balance	$	475,291		$	3,836,051		$	4,311,342
	Real estate acquired through foreclosure of loans	334,000			1,020,889			1,354,889
	Real estate sold	(7,600		)	(1,313,361		)	(1,320,961		)
	Net realized gain on sale of real estate owned	—			282,195			282,195
	Ending balance	$	801,691		$	3,825,774		$	4,627,465

EARNINGS_PER_COMMON_SHARE

EARNINGS PER COMMON SHARE	6 Months Ended
	Jun. 30, 2014
EARNINGS PER COMMON SHARE	'
EARNINGS PER COMMON SHARE	'
	7.                                      EARNINGS PER COMMON SHARE
	We determine basic earnings per common share by dividing net income available to common stockholders by the weighted average number of shares of common stock outstanding giving retroactive effect to stock dividends.
	We calculate diluted earnings per common share by including the average dilutive common stock equivalents outstanding during the period.  Dilutive common equivalent shares consist of stock options, calculated using the treasury stock method.
		Three Months Ended		Six Months Ended
		June 30,		June 30,
		2014	2013	2014	2013
	Weighted average number of shares	10,785,370	8,505,016	10,782,770	7,681,337
	Dilutive average number of shares	10,948,368	8,609,164	10,944,982	7,776,679

STOCK_BASED_COMPENSATION

STOCK BASED COMPENSATION	6 Months Ended
	Jun. 30, 2014
STOCK BASED COMPENSATION	'
STOCK BASED COMPENSATION	'
	8.                                      STOCK BASED COMPENSATION
	For the three months ended June 30, 2014 and 2013, we recorded stock-based compensation expense of $71,280 and $50,186, respectively.  For the six month periods ended June 30, 2014 and 2013, we recorded stock-based compensation expense of $198,082 and $133,848, respectively.  At June 30, 2014, there was $430,701 of total unrecognized compensation cost related to non-vested stock options and restricted stock awards that we expect to realize over the next 1.25 years. As of June 30, 2014, there were 485,192 shares remaining available for future issuance under the equity incentive plans. The directors and officers did not exercise any options during the six month period ended June 30, 2014 compared to the exercise of 58,948 options during the six month period ended June 30, 2013.
	For purposes of determining estimated fair value of stock options and restricted stock awards, we have computed the estimated fair values of all stock-based compensation using the Black-Scholes option pricing model and, for stock options and restricted stock awards granted prior to December 31, 2013, have applied the assumptions set forth in Old Line Bancshares’ Annual Report on Form 10-K for the year ended December 31, 2013.  During the six months ended June 30, 2014 and 2013, we granted 50,739 and 52,712 stock options, respectively.  The weighted average grant date fair value of these 2014 stock options is $4.69 and was computed using the Black-Scholes option pricing model under similar assumptions.
	During the six months ended June 30, 2014 and 2013, we granted 8,257 and 8,382 restricted common stock awards, respectively. The weighted average grant date fair value of these restricted stock awards issued for the six months ending June 30, 2014 is $16.76. There were no restricted shares forfeited during the six month periods ending June 30, 2014 or 2013.

FAIR_VALUE_MEASUREMENT

FAIR VALUE MEASUREMENT	6 Months Ended
	Jun. 30, 2014
FAIR VALUE MEASUREMENT	'
FAIR VALUE MEASUREMENT	'
	9.                                      FAIR VALUE MEASUREMENT
	The fair value of an asset or liability is the price that participants would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants.  A fair value measurement assumes that the transaction to sell the asset or transfer the liability occurs in the principal market for the asset or liability, or, in the absence of a principal market, the most advantageous market for the asset or liability.  The price in the principal (or most advantageous) market used to measure the fair value of the asset or liability shall not be adjusted for transaction costs.  An orderly transaction is a transaction that assumes exposure to the market for a period prior to the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets and liabilities; it is not a forced transaction.  Market participants are buyers and sellers in the principal market that are (i) independent, (ii) knowledgeable, (iii) able to transact and (iv) willing to transact.
	The fair value hierarchy established by accounting standards defines three input levels for fair value measurement.  The applicable standard describes three levels of inputs that may be used to measure fair value: Level 1 is based on quoted market prices in active markets for identical assets.  Level 2 is based on significant observable inputs other than Level 1 prices.  Level 3 is based on significant unobservable inputs that reflect a company’s own assumptions about the assumption that market participants would use in pricing an asset or liability.  We evaluate fair value measurement inputs on an ongoing basis in order to determine if there is a change of sufficient significance to warrant a transfer between levels.  For the six months ended June 30, 2014 and the year ended December 31, 2013, there were no transfers between levels.
	At June 30, 2014, we hold, as part of our investment portfolio, available for sale securities reported at fair value consisting of municipal securities, U.S. government sponsored entities, mortgage-backed securities.  The fair value of the majority of these securities is determined using widely accepted valuation techniques including matrix pricing and broker-quote based applications.  Inputs include benchmark yields, reported trades, issuer spreads, prepayments speeds and other relevant items.  These are inputs used by a third-party pricing service used by us.
	To validate the appropriateness of the valuations provided by the third party, we regularly update the understanding of the inputs used and compare valuations to an additional third party source.  We classify all our investment securities available for sale in Level 2 of the fair value hierarchy, with the exception of treasury securities which fall into Level 1.
	We value Sallie Mae (SLMA) equity securities (included in equity securities) at fair value on a recurring basis.  We value SLMA equity securities under Level 1. During the first quarter of 2014, the SLMA equity security was sold and the realized gain of $96,993 is recorded in gain (loss) on disposal of assets on the consolidated statement of income.
	Assets and Liabilities Measured at Fair Value on a Recurring Basis
		At June 30, 2014 (In thousands)
				Quoted Prices in		Other		Significant		Total Changes
				Active Markets for		Observable		Unobservable		in Fair Values
				Identical Assets		Inputs		Inputs		Included in
		Carrying Value		(Level 1)		(Level 2)		(Level 3)		Period Earnings
	Available-for-sale:
	Treasury securities	$	3,002	$	3,002	$	—	$	—	$	—
	U.S. government agency	38,267		—		38,267		—		—
	Municipal securities	45,007		—		45,007		—		—
	FHLMC MBS	15,391		—		15,391		—		—
	FNMA MBS	13,857		—		13,857		—		—
	GNMA MBS	33,652		—		33,652		—		—
	SBA loan pools	6,531		—		6,531		—		—
	Total recurring assets at fair value	$	155,707	$	3,002	$	152,705	$	—	$	—
		At December 31, 2013 (In thousands)
				Quoted Prices in		Other		Significant		Total Changes
				Active Markets for		Observable		Unobservable		in Fair Values
				Identical Assets		Inputs		Inputs		Included in
		Carrying Value		(Level 1)		(Level 2)		(Level 3)		Period Earnings
	Available-for-sale:
	Treasury securities	$	1,250	$	1,250	$	—	$	—	$	—
	U.S. government agency	40,735		—		40,735		—		—
	Municipal securities	59,267		—		59,267		—		—
	FHLMC MBS	5,206		—		5,206		—		—
	FNMA MBS	18,703		—		18,703		—		—
	GNMA MBS	39,921		—		39,921		—		—
	SBA loan pools	7,088		—		7,088		—		—
	Total investment securities available for sale	172,170		1,250		170,920		—		—
	Sallie Mae equity securities	414		414		—		—		—
	Total recurring assets at fair value	$	172,584	$	1,664	$	170,920	$	—	$	—
	Our valuation methodologies may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values.  While management believes our methodologies are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value.  Furthermore, we have not comprehensively revalued the fair value amounts since the presentation dates, and therefore, estimates of fair value after the balance sheet date may differ significantly from the above presented amounts.
	Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis
	We may be required from time to time, to measure certain assets at fair value on a non-recurring basis in accordance with U.S. generally accepted accounting principles. These include assets that are measured at the lower of cost or market that were recognized at fair value below cost at the end of the period. Assets measured at fair value on a nonrecurring basis at June 30, 2014 and December 31, 2013 are included in the tables below.
	We also measure certain non-financial assets such as other real estate owned, TDRs, and repossessed or foreclosed property at fair value on a non-recurring basis. Generally, we estimate the fair value of these items using Level 3 inputs based on discounting criteria.
		At June 30, 2014 (In thousands)
				Quoted Prices in		Other		Significant
				Active Markets for		Observable		Unobservable
				Identical Assets		Inputs		Inputs
		Carrying Value		(Level 1)		(Level 2)		(Level 3)
	Impaired Loans
	Legacy:	$	6,501	$	—	$	—	$	6,777
	Acquired:	3,026		—		—		3,110
	Total Impaired Loans	9,527		—		—		9,887
	Other real estate owned:
	Legacy:	802		—		—		802
	Acquired:	3,825		—		—		3,825
	Total other real estate owned:	4,627		—		—		4,627
	Total	$	14,154	$	—	$	—	$	14,514
		At December 31, 2013 (In thousands)
				Quoted Prices in		Other		Significant
				Active Markets for		Observable		Unobservable
				Identical Assets		Inputs		Inputs
		Carrying Value		(Level 1)		(Level 2)		(Level 3)
	Impaired Loans
	Legacy:	$	9,723	$	—	$	—	$	9,723
	Acquired:	1,296		—		—		1,296
Total Impaired Loans	11,019		—		—		11,019
Other real estate owned:
Legacy:	475		—		—		475
Acquired:	3,836		—		—		3,836
Total other real estate owned:	4,311		—		—		4,311
Total	$	15,330	$	—	$	—	$	15,330
At June 30, 2014 and December 31, 2013, we estimated the fair value of impaired assets using Level 3 inputs to be $14.2 million and $15.3 million, respectively.  We determined these Level 3 inputs based on appraisal evaluations, offers to purchase and/or appraisals that we obtained from an outside third party during the preceding twelve months less costs to sell.  Discounts have predominantly been in the range of 0% to 50%.  As a result of the acquisition of Maryland Bankcorp and WSB Holdings, we have segmented the other real estate owned into two components, real estate obtained as a result of loans originated by Old Line Bank (legacy) and other real estate acquired from MB&T and WSB or obtained as a result of loans originated by MB&T and WSB (acquired).
We use the following methodologies for estimating fair values of financial instruments that we do not measure on a recurring basis.  The estimated fair values of financial instruments equal the carrying value of the instruments except as noted.
Cash and Cash Equivalents- For cash and cash equivalents, the carrying amount is a reasonable estimate of fair value because of the short maturities of these instruments.
Loans- We estimate the fair value of loans, segregated by type based on similar financial characteristics, segregated by type based on similar financial characteristics, by discounting future cash flows using current rates for which we would make similar loans to borrowers with similar credit histories.  We then adjust this calculated amount for any credit impairment.
Loans held for Sale- Loans held for sale are carried at the lower of cost or market value.  The fair values of loans held for sale are based on commitments on hand from investors within the secondary market for loans with similar characteristics.
Investment Securities- We base the fair values of investment securities upon quoted market prices or dealer quotes.
Equity Securities- Equity securities are considered restricted stock and are carried at cost which approximates fair value.
Bank Owned Life Insurance- The carrying amount of Bank Owned Life Insurance (“BOLI”) purchased on a group of officers is a reasonable estimate of fair value.   BOLI is an insurance product that provides an effective way to offset current employee benefit costs.
Accrued Interest Receivable and Payable- The carrying amount of accrued interest and dividends receivable on loans and investments and payable on borrowings and deposits approximate their fair values.
Interest bearing deposits-The fair value of demand deposits and savings accounts is the amount payable on demand.  We estimate the fair value of fixed maturity certificates of deposit using the rates currently offered for deposits of similar remaining maturities.
Non-Interest bearing deposits- The fair value of non-interest bearing accounts is the amount payable on demand at the reporting date.
Long and short term borrowings- The fair value of long and short term fixed rate borrowings is estimated by discounting the value of contractual cash flows using rates currently offered for advances with similar terms and remaining maturities.
Off-balance Sheet Commitments and Contingencies- Carrying amounts are reasonable estimates of the fair values for such financial instruments.  Carrying amounts include unamortized fee income and, in some cases, reserves for any credit losses from those financial instruments. These amounts are not material to our financial position.
Under ASC Topic 825, entities may choose to measure eligible financial instruments at fair value at specified election dates.  The fair value measurement option (i) may be applied instrument by instrument, with certain exceptions, (ii) is generally irrevocable and (iii) is applied only to entire instruments and not to portions of instruments.  We must report in earnings unrealized gains and losses on items for which we have elected the fair value measurement option at each subsequent reporting date.  We measure certain financial assets and financial liabilities at fair value on a non-recurring basis.  These assets and liabilities are subject to fair value adjustments in certain circumstances such as when there is evidence of impairment.
	June 30, 2014 (In thousands)
					Quoted Prices		Significant		Significant
			Total		in Active		Other		Other
	Carrying		Estimated		Markets for		Observable		Unobservable
	Amount		Fair		Identical Assets		Inputs		Inputs
	(000’s)		Value		(Level 1)		(Level 2)		(Level 3)
Assets:
Cash and cash equivalents	$	30,222	$	30,222	$	30,222	$	—	$	—
Loans receivable, net	889,525		907,804		—		—		907,804
Loans held for sale	4,075		4,237		—		4,237		—
Investment securities available for sale	155,707		155,707		3,002		152,705		—
Equity Securities at cost	4,304		4,304		—		4,304		—
Bank Owned Life Insurance	31,000		31,000		—		31,000		—
Accrued interest receivable	2,978		2,978		—		869		2,109
Liabilities:
Deposits:
Non-interest-bearing	237,615		237,615		—		237,615		—
Interest bearing	771,802		776,597		—		776,597		—
Short term borrowings	35,769		35,769		—		35,769		—
Long term borrowings	6,044		6,044		—		6,044		—
Accrued Interest payable	230		230		—		230		—
	December 31, 2013 (In thousands)
					Quoted Prices		Significant		Significant
			Total		in Active		Other		Other
	Carrying		Estimated		Markets for		Observable		Unobservable
	Amount		Fair		Identical Assets		Inputs		Inputs
	(000’s)		Value		(Level 1)		(Level 2)		(Level 3)
Assets:
Cash and cash equivalents	$	29,058	$	29,058	$	29,058	$	—	$	—
Loans receivable, net	847,249		860,458		—		—		860,458
Loans held for sale	2,075		2,075		—		2,075		—
Investment securities available for sale	172,170		172,170		1,250		170,920		—
Equity Securities at cost	5,670		5,670		414		5,256		—
Bank Owned Life Insurance	30,577		30,577		—		30,577		—
Accrued interest receivable	3,433		3,433		—		1,088		2,345
Liabilities:
Deposits:
Non-interest-bearing	228,734		228,734		—		228,734		—
Interest bearing	745,626		751,703		—		751,703		—
Short term borrowings	49,530		49,530		—		49,530		—
Long term borrowings	6,093		6,093		—		6,093		—
Accrued Interest payable	265		265		—		265		—

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
Basis of Presentation and Consolidation	'
	Basis of Presentation and Consolidation-The accompanying condensed consolidated financial statements include the activity of Old Line Bancshares and its wholly owned subsidiary, Old Line Bank, and its majority owned subsidiary Pointer Ridge Office Investments, LLC (Pointer Ridge), a real estate investment company.  We have eliminated all significant intercompany transactions and balances.
	We report the non-controlling interests in Pointer Ridge separately in the consolidated balance sheet.  We report the income of Pointer Ridge attributable to Old Line Bancshares on the consolidated statement of income.
	The foregoing consolidated financial statements for the periods ended June 30, 2014 and 2013 are unaudited and have been prepared in accordance with U.S. generally accepted accounting principles (US GAAP); however, in the opinion of management we have included all adjustments (comprising only normal recurring accruals) necessary for a fair presentation of the results of the interim period.  We derived the balances as of December 31, 2013 from audited financial statements.  These statements should be read in conjunction with Old Line Bancshares’ financial statements and accompanying notes included in Old Line Bancshares’ Form 10-K for the year ended December 31, 2013.  We have made no significant changes to Old Line Bancshares’ accounting policies as disclosed in the Form 10-K.
Use of estimates	'
	Use of estimates-The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements.  These estimates and assumptions may affect the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from these estimates.  A material estimate that is particularly susceptible to significant change in the near term relates to the determination of the allowance for loan losses.
Reclassifications	'
	Reclassifications-We have made certain reclassifications to the 2013 financial presentation to conform to the 2014 presentation.  These reclassifications did not change net income or stockholders’ equity.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements-In January 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-04, Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure. The objective of this guidance is to clarify when an in substance repossession or foreclosure occurs, that is, when a creditor should be considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan such that the loan receivable should be derecognized and the real estate property recognized. ASU No. 2014-04 states that an in substance repossession or foreclosure occurs, and a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan, upon either (1) the creditor obtaining legal title to the residential real estate property upon completion of a foreclosure or (2) the borrower conveying all interest in the residential real estate property to the creditor to satisfy that loan through completion of a deed in lieu of foreclosure or through a similar legal agreement. Additionally, ASU No. 2014-04 requires interim and annual disclosure of both (1) the amount of foreclosed residential real estate property held by the creditor and (2) the recorded investment in consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure according to local requirements of the applicable jurisdiction. ASU No. 2014-04 is effective for interim and annual reporting periods beginning after December 15, 2014. The adoption of ASU No. 2014-04 is not expected to have a material impact on our consolidated financial statements.
	In May 2014, the FASB issued ASU 2014-09 — Revenue from Contracts with Customers, which will supersede nearly all existing revenue recognition guidance under U.S. GAAP. The core principal of this ASU is that an entity should recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. This ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. This ASU will be effective for us in our first quarter of 2017. Early adoption is not permitted. The ASU allows for either full retrospective or modified retrospective adoption. We are evaluating the transition method that will be elected and the potential effects of the adoption of this ASU on our financial statements.
	In June 2014, the FASB issued ASU 2014-12,  Compensation — Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved After the Requisite Service Period.  The amendments clarify the proper method of accounting for share-based payments when the terms of an award provide that a performance target could as a performance condition. The performance target should not be reflected in estimating the grant-date fair value of the award. Compensation cost should be recognized be achieved after the requisite service period. This update requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the period(s) for which the requisite service has already been rendered. The amendments in this update are effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Earlier adoption is permitted.  Management is currently evaluating the impact of adoption on the consolidated financial statements, but does not believe that adoption will have a material impact.

POINTER_RIDGE_OFFICE_INVESTMEN1

POINTER RIDGE OFFICE INVESTMENT, LLC (Tables)	6 Months Ended
	Jun. 30, 2014
POINTER RIDGE OFFICE INVESTMENT, LLC	'
Summary of condensed Balance Sheets and Statements of Income information	'
		June 30,			December 31,
	Balance Sheets	2014			2013
	Current assets	$	238,695		$	286,206
	Non-current assets	6,530,945			6,622,560
	Liabilities	6,063,896			6,108,972
	Equity	705,744			799,794
		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014			2013			2014			2013
	Statements of Income
	Revenue	$	234,139		$	222,022		$	473,129		$	446,390
	Expenses	271,151			252,676			567,180			511,963
	Net loss	$	(37,012	)	$	(30,654	)	$	(94,051	)	$	(65,573	)

ACQUISITION_OF_WSB_HOLDINGS_IN1

ACQUISITION OF WSB HOLDINGS, INC. (Tables)	6 Months Ended
	Jun. 30, 2014
ACQUISITION OF WSB HOLDINGS, INC.	'
Schedule of purchased assets, assumed liabilities and identifiable intangible assets recorded at acquisition date fair value	'
								As Recorded by
		As Recorded by			Fair Value			Old Line
		WSB Holdings, Inc			Adjustments			Bancshares, Inc.
	Assets
	Cash and due from banks	$	5,576,699		$	—		$	5,576,699
	Federal funds sold	33,269,900			(16,966,208		)	16,303,692
	Total cash and cash equivalents	38,846,599			(16,966,208		)	21,880,391
	Investment securities available for sale	79,476,355			(101,654		)(a)	79,374,701
	Loans, net of deferred fees and costs	177,204,282			(14,263,180		)(b)	162,941,102
	Allowance for loan losses	(2,767,274		)	2,767,274		(b)	—
	Premises and equipment	4,705,902			5,673,151		(c)	10,379,053
	Accrued interest receivable	886,413			—			886,413
	Deferred income taxes	7,396,519			4,005,790		(d)	11,402,309
	Bank owned life insurance	12,986,817			—			12,986,817
	Other real estate owned	5,225,958			(993,476		)(e)	4,232,482
	Core deposit intangible	—			2,434,723		(f)	2,434,723
	Other assets	4,326,538			(567,850		)(g)	3,758,688
	Total assets	$	328,288,109		$	(18,011,430	)	$	310,276,679
	Liabilities and Stockholders’ Equity
	Deposits
	Non-interest bearing	$	10,863,874		$	—		$	10,863,874
	Interest bearing	204,375,389			955,452		(h)	205,330,841
	Total deposits	215,239,263			955,452			216,194,715
	Long term borrowings	56,000,000			4,250,568		(i)	60,250,568
	Accrued interest payable	246,416			—			246,416
	Other liabilities	2,979,727			118,066			3,097,793
	Total liabilities	$	274,465,406		$	5,324,086		$	279,789,492
	Net identifiable assets acquired over (under) liabilities assumed	53,822,703			(23,335,516		)	30,487,187
	Goodwill	—			7,159,875		(j)	7,159,875
	Net assets acquired over liabilities assumed	53,822,703			(16,175,641		)	37,647,062
	Explanation of fair value adjustments
	(a)     Adjustment reflects marking the available for sale portfolio to fair value as of the acquisition date.
	(b)     Adjustment reflects the fair value adjustments based on Old Line Bancshares’ evaluation of the acquired loan portfolio and excludes the allowance for losses recorded by WSB Holdings.
	(c)     Adjustment reflects the fair value adjustments based on Old Line Bancshares’ evaluation of the acquired premises and equipment.
	(d)     Adjustment to record deferred tax asset related to fair value adjustments at 39.45% income tax rate.
	(e)     Adjustment reflects the fair value adjustments to other real estate owned based on Old Line Bancshares’ evaluation of the acquired other real estate owned portfolio.
	(f)      Adjustment reflects the recording of the core deposits intangible on the acquired deposit accounts.
	(g)     Adjustment reflects the impairment of certain WSB Holdings’ prepaid and deferred accounts.
	(h)     Adjustment arises since the rates on interest-bearing deposits are higher than rates available on similar deposits as of the acquisition date.
	(i)       Adjustment reflects the fair value of WSB Holdings’ borrowings acquired on acquisition date and is related to the Federal Home Loan Bank of Atlanta (“FHLB”) pre-payment penalty incurred subsequent to the acquisition date in the connection with the repayment of all of WSB’s FHLB advances by Old Line Bancshares.
	(j)      Within the measurement period, goodwill was increased $946,241.
	We allocated the purchase price for WSB Holdings as follows:
	Purchase Price Consideration-Common Stock
	WSB Holdings shares outstanding exchanged for stock	5,223,633
	Exchange ratio	0.557
	Old Line Bancshares shares issued to WSB Holdings stockholders	2,909,486
	Purchase price per WSB Holdings common share	$	6.0743
	Cash consideration	$	16,966,208
	Purchase price assigned to shares exchanged for stock	$	37,765,128
	Expenses not accrued for and paid by Old Line Bank	$	(118,066	)
	Final purchase price for WSB acquisition	$	37,647,062

INVESTMENT_SECURITIES_Tables

INVESTMENT SECURITIES (Tables)	6 Months Ended
	Jun. 30, 2014
INVESTMENT SECURITIES	'
Summary of the amortized cost and estimated fair value of securities	'
		Amortized		Gross		Gross			Estimated
		cost		unrealized		unrealized			fair value
				gains		losses
	June 30, 2014
	Available for sale
	U. S. treasury	$	3,001,044	$	678	$	(72	)	$	3,001,650
	U.S. government agency	39,439,130		8,250		(1,180,875		)	38,266,505
	Municipal securities	44,252,288		918,141		(163,318		)	45,007,111
	Mortgage backed securities:
	FHLMC certificates	15,352,594		72,455		(33,609		)	15,391,440
	FNMA certificates	14,013,708		29,284		(185,949		)	13,857,043
	GNMA certificates	33,948,149		133,932		(430,172		)	33,651,909
	SBA loan pools	6,755,839		—		(224,813		)	6,531,026
		$	156,762,752	$	1,162,740	$	(2,218,808	)	$	155,706,684
	December 31, 2013
	Available for sale
	U. S. treasury	$	1,249,831	$	156	$	—		$	1,249,987
	U.S. government agency	42,942,107		—		(2,206,975		)	40,735,132
	Municipal securities	61,190,506		601,327		(2,525,198		)	59,266,635
	Mortgage backed securities
	FHLMC certificates	5,214,835		75,950		(84,819		)	5,205,966
	FNMA certificates	19,055,521		161,209		(513,728		)	18,703,002
	GNMA certificates	40,878,372		127,750		(1,084,896		)	39,921,226
	SBA loan pools	7,339,052		—		(251,224		)	7,087,828
		$	177,870,224	$	966,392	$	(6,666,840	)	$	172,169,776
Schedule of securities with unrealized losses segregated by length of impairment	'
		June 30, 2014
		Less than 12 months				12 Months or More					Total
		Fair		Unrealized		Fair			Unrealized		Fair		Unrealized
		value		losses		value			losses		value		losses
	Unrealized losses
	U.S. Treasury	$	1,501,800	$	72	$	—		$	—	$	1,501,800	$	72
	U.S. government agency	1,498,200		843		33,760,055			1,180,032		35,258,255		1,180,875
	Municipal securities	1,657,163		5,557		7,924,050			157,761		9,581,213		163,318
	Mortgage backed securities	9,349,092		27,593		41,018,377			622,137		50,367,469		649,730
	SBA loan pools	—		—		6,531,025			224,813		6,531,025		224,813
		$	14,006,255	$	34,065	$	89,233,507		$	2,184,743	$	103,239,762	$	2,218,808
		December 31, 2013
		Less than 12 months				12 Months or More					Total
		Fair		Unrealized		Fair			Unrealized		Fair		Unrealized
		value		losses		value			losses		value		losses
	Unrealized losses
	U.S. government agency	$	39,324,082	$	2,107,099	$	1,411,050		$	99,876	$	40,735,132	$	2,206,975
	Municipal securities	30,367,222		1,654,439		9,190,578			870,759		39,557,800		2,525,198
	Mortgage backed securities	41,518,287		1,456,886		4,823,932			226,557		46,342,219		1,683,443
	SBA loan pools	7,087,828		251,224		—			—		7,087,828		251,224
		$	118,297,419	$	5,469,648	$	15,425,560		$	1,197,192	$	133,722,979	$	6,666,840
Schedule of contractual maturities and pledged securities	'
		Available for Sale
	June 30, 2014	Amortized		Fair
		cost		value
	Maturing
	Within one year	$	4,791,851	$	4,891,618
	Over one to five years	68,497,283		68,759,945
	Over five to ten years	77,624,026		76,359,017
	Over ten years	5,849,592		5,696,104
		$	156,762,752	$	155,706,684
	Pledged securities	$	47,349,043	$	46,897,329

LOANS_Tables

LOANS (Tables)	6 Months Ended
	Jun. 30, 2014
LOANS	'
Summary of major classifications of loans held for investment	'
		June 30, 2014									December 31, 2013
		Legacy (1)			Acquired			Total			Legacy (1)			Acquired			Total
	Commercial Real Estate
	Owner Occupied	$	187,124,133		$	29,113,170		$	216,237,303		$	163,105,356		$	30,102,731		$	193,208,087
	Investment	184,191,948			49,857,024			234,048,972			162,188,671			54,091,676			216,280,347
	Hospitality	70,270,167			8,488,192			78,758,359			67,291,387			8,546,239			75,837,626
	Land and A&D	39,372,717			6,218,974			45,591,691			40,595,806			8,399,178			48,994,984
	Residential Real Estate
	First Lien-Investment	46,755,367			25,922,696			72,678,063			45,294,434			28,364,096			73,658,530
	First Lien-Owner Occupied	22,724,438			56,888,860			79,613,298			13,909,939			62,247,502			76,157,441
	Residential Land and A&D	21,780,539			12,936,038			34,716,577			19,845,291			13,724,942			33,570,233
	HELOC and Jr. Liens	20,299,270			3,252,204			23,551,474			18,302,560			3,359,063			21,661,623
	Commercial and Industrial	89,550,006			9,878,095			99,428,101			89,629,043			11,161,347			100,790,390
	Consumer	9,550,881			646,639			10,197,520			10,127,525			870,843			10,998,368
		691,619,466			203,201,892			894,821,358			630,290,012			220,867,617			851,157,629
	Allowance for loan losses	(5,959,162		)	(365,421		)	(6,324,583		)	(4,397,552		)	(531,661		)	(4,929,213		)
	Deferred loan costs, net	1,039,169			(11,158		)	1,028,011			1,021,167			(993		)	1,020,174
		$	686,699,473		$	202,825,313		$	889,524,786		$	626,913,627		$	220,334,963		$	847,248,590
	(1)  As a result of the acquisitions of Maryland Bankcorp, Inc. (Maryland Bankcorp), the parent company of Maryland Bank & Trust Company, N.A. (MB&T), in April 2011 and of WSB Holdings, the parent company of WSB, in May 2013, we have segmented the portfolio into two components, loans originated by Old Line Bank (legacy) and loans acquired from MB&T and WSB (acquired).
Summary of aging analysis of the loan held for investment portfolio	'
		Age Analysis of Past Due Loans
		June 30, 2014									December 31, 2013
		Legacy			Acquired			Total			Legacy			Acquired			Total
	Current	$	681,591,488		$	199,859,028		$	881,450,516		$	620,559,847		$	214,086,692		$	834,646,539
	Accruing past due loans:
	30-89 days past due Commercial Real Estate:
	Owner Occupied	—			56,117			56,117			828,388			54,035			882,423
	Investment	—			—			—			—			534,694			534,694
	Residential Real Estate:
	First-Investment	276,081			—			276,081			521,405			845,018			1,366,423
	First-Owner Occupied	—			147,403			147,403			—			2,584,408			2,584,408
	Land and A&D	1,277,061			—			1,277,061			—			35,162			35,162
	Commercial	609,000			1,274,838			1,883,838			224,322			396,215			620,537
	Consumer	15,048			—			15,048			—			14,108			14,108
	Total 30-89 days past due	2,177,190			1,478,358			3,655,548			1,574,115			4,463,640			6,037,755
	90 or more days past due Commercial Real Estate:
	Owner Occupied	—			—			—			—			309,767			309,767
	Residential Real Estate:
	First-Owner Occupied	—			1,198,405			1,198,405			—			429,144			429,144
	Land and A&D	—			73,087			73,087			—			915,649			915,649
	Commercial	491,569			—			491,569			—			—			—
	Consumer	182,748			—			182,748			—			—			—
	Total 90 or more days past due	674,317			1,271,492			1,945,809			—			1,654,560			1,654,560
	Total accruing past due loans	2,851,507			2,749,850			5,601,357			1,574,115			6,118,200			7,692,315
	Recorded Investment Non-accruing loans:
	Commercial Real Estate:
	Owner Occupied	1,849,685			—			1,849,685			1,849,685			—			1,849,685
	Investment	—			400,375			400,375			—			376,050			376,050
	Hospitality	4,473,345			—			4,473,345			4,473,345			—			4,473,345
	Land and A&D	—			128,376			128,376			—			—			—
	Residential Real Estate:
	First-Investment	118,674			—			118,674			123,183			—			123,183
	First-Owner Occupied	—			64,263			64,263			925,814			156,143			1,081,957
	Land and A&D	—			—			—			—			130,532			130,532
	Commercial	734,767			—			734,767			769,597			—			769,597
	Consumer	—			—			—			14,426			—			14,426
	Total Recorded Investment
	Non-accruing past due loans:	7,176,471			593,014			7,769,485			8,156,050			662,725			8,818,775
	Total Loans	$	691,619,466		$	203,201,892		$	894,821,358		$	630,290,012		$	220,867,617		$	851,157,629
Summary of impaired loans	'
											Three months ended						Six months ended
											June 30, 2014						June 30, 2014
	Impaired Loans	Unpaid			Recorded			Related			Average			Interest			Average			Interest Income
	Legacy	Principal			Investment			Allowance			Recorded			Income			Recorded			Recognized
		Balance									Investment			Recognized			Investment
	With no related allowance recorded:
	Commercial Real Estate:
	Owner Occupied	$	2,115,118		$	2,115,118		$	—		$	2,115,118		$	—		$	2,120,422		$	—
	Investment	1,339,561			1,339,561			—			1,339,561			13,952			1,350,641			29,360
	Residential Real Estate:
	First-Investment	118,674			118,674			—			118,505			—			120,304			—
	Commercial	734,767			734,767			—			737,767			2,426			757,814			4,777
	With an allowance recorded:
	Commercial Real Estate:
	Hospitality	4,473,345			4,473,345			2,658,345			4,473,345			—			4,473,345			—
	Commercial	425,670			425,670			184,444			425,670			3,294			441,423			6,919
	Consumer	182,748			182,748			45,687			182,748			—			183,392			1,847
	Total legacy impaired	9,389,883			9,389,883			2,888,476			9,392,714			19,672			9,447,341			42,903
	Acquired (1)
	With no related allowance recorded:
	Residential Real Estate:
	First-Investment	287,294			287,294			—			287,294			—			299,338			—
	First-Owner Occupied	1,826,587			1,794,050			—			1,474,969			7,996			1,919,205			20,924
	Land and A&D	1,476,850			721,212			—			1,519,568			13,345			1,857,535			16,216
	Commercial	85,926			85,926			—			85,926			1,086			86,591			1,827
	With an allowance recorded:
	Commercial Real Estate:
	Investment	371,806			371,806			281,651			371,806			1,086			371,996			1,086
	Residential Real Estate:
	Land and A&D	131,031			131,031			83,770			131,031			—			131,031			—
	Total acquired impaired	4,179,494			3,391,319			365,421			3,870,594			23,513			4,665,696			40,053
	Total impaired	$	13,569,377		$	12,781,202		$	3,253,897		$	13,263,308		$	43,185		14,113,037			$	82,956
	(1)             Generally accepted accounting principles require that we initially record acquired loans at fair value which includes a discount for loans with credit impairment. These loans are not performing according to their contractual terms and meet the definition of an acquired, credit-impaired loan. Although we do not accrue interest income at the contractual rate on these loans, we do recognize an accretable yield as interest income to the extent such yield is supported by cash flow analysis of the underlying loans.  Acquired, credit-impaired loans where the cash flows do not perform according to initial accretable yield estimates are considered impaired.
	Impaired Loans
	Twelve months ended December 31, 2013
	Legacy	Unpaid			Recorded			Related			Average			Interest
		Principal			Investment			Allowance			Recorded			Income
		Balance									Investment			Recognized
	With no related allowance recorded:
	Commercial Real Estate:
	Owner Occupied	$	1,849,685		$	1,849,685		$	—		$	1,855,418		$	70,711
	Residential Real Estate:
	First-Investment	123,183			123,183			—			129,105			—
	Commercial	2,136,376			2,136,376			—			2,235,110			90,917
	With an allowance recorded:
	Commercial Real Estate:
	Owner Occupied	274,516			274,516			137,258			282,630			18,177
	Investment	1,363,821			1,363,821			136,382			1,385,973			63,855
	Hospitality	4,473,345			4,473,345			1,250,000			4,491,435			105,772
	Residential Real Estate:
	First-Owner Occupied	925,814			925,814			167,450			931,492			16,664
	Commercial	459,439			459,439			191,753			510,230			31,018
	Consumer	7,390			7390			7,390			7,426			32
	Total legacy impaired	11,613,569			11,613,569			1,890,233			11,828,819			397,146
	Acquired (1)
	With no related allowance recorded:
	Commercial Real Estate:
	Owner Occupied	605,314			579,583			—			590,677			24,821
	Residential Real Estate:
	Land and A&D	1,628,156			241,624			—			241,624			—
	Commercial	87,387			87,387			—			88,508			4,533
	With an allowance recorded:
	Commercial Real Estate:
Investment	372,047			376,050			279,037			376,047			17,509
Residential Real Estate:
First-Owner Occupied	411,891			412,742			187,109			414,020			11,460
Land and A&D	131,031			130,532			65,515			130,332			8,709
Total acquired impaired	3,235,826			1,827,918			531,661			1,841,208			67,032
Total impaired	$	14,849,395		$	13,441,487		$	2,421,894		$	13,670,027		$	464,178
(1)         Generally accepted accounting principles require that we record acquired loans at fair value at acquisition date.  These loans are not performing according to their contractual terms and meet our definition of an impaired loan.  Although we do not accrue interest income at the contractual rate on these loans, we may accrete their fair value discounts to interest income as a result of pre-payments that exceeds our cash flow expectations or payment in full of amounts due even though we classify them as non-accrual.
Schedule of the outstanding balances and related carrying amounts of acquired impaired loans	'
		Six Months Ended June 30,
		2014			2013
	Balance at beginning of period	$	40,771		$	—
	Additions due to WSB acquisition	—			2,644,163
	Accretion of fair value discounts	(646,861		)	(632,786		)
	Reclassification from non-accretable	579,301			573,682
	Balance at end of period	$	(26,789	)	$	2,585,059
		Contractually			Carrying Amount
		Required Payments
		Receivable
	At June 30, 2014	$	10,853,648		$	7,994,957
	At December 31, 2013	12,482,792			8,742,777
	At June 30, 2013	57,176,676			31,245,470
	At December 31, 2012	24,930,742			13,363,882
Summary of class of loans by risk rating	'
		Account Balance
	June 30, 2014	Legacy			Acquired			Total
	Risk Rating
	Pass (1-5)
	Commercial Real Estate:
	Owner Occupied	$	184,161,521		$	26,465,177		$	210,626,698
	Investment	181,429,368			47,849,499			229,278,867
	Hospitality	65,796,822			8,488,192			74,285,014
	Land and A&D	36,279,930			5,982,145			42,262,075
	Residential Real Estate:
	First-Investment	45,411,599			25,276,969			70,688,568
	First-Owner Occupied	22,639,531			55,580,621			78,220,152
	Land and A&D	19,568,029			11,801,285			31,369,314
	HELOC and Jr. Liens	20,299,269			3,252,204			23,551,473
	Commercial	85,541,917			8,195,089			93,737,006
	Consumer	9,368,133			646,639			10,014,772
		670,496,119			193,537,820			864,033,939
	Special Mention (6)
	Commercial Real Estate:
	Owner Occupied	1,112,925			2,072,994			3,185,919
	Investment	1,423,020			857,150			2,280,170
	Land and A&D	3,092,788			236,829			3,329,617
	Residential Real Estate:
	First-Investment	1,225,094			143,502			1,368,596
	First-Owner Occupied	84,907			631,017			715,924
	Land and A&D	2,212,511			370,807			2,583,318
	Commercial	2,847,652			708,153			3,555,805
		11,998,897			5,020,452			17,019,349
	Substandard (7)
	Commercial Real Estate:
	Owner Occupied	1,849,685			575,000			2,424,685
	Investment	1,339,561			1,150,375			2,489,936
	Hospitality	4,473,345			—			4,473,345
	Residential Real Estate:
	First-Investment	118,674			502,225			620,899
	First-Owner Occupied	—			677,222			677,222
	Land and A&D	—			763,945			763,945
	Commercial	1,160,437			974,853			2,135,290
	Consumer	182,748			—			182,748
		9,124,450			4,643,620			13,768,070
	Doubtful (8)	—			—			—
	Loss (9)	—			—			—
	Total	$	691,619,466		$	203,201,892		$	894,821,358
		Account Balance
	December 31, 2013	Legacy			Acquired			Total
	Risk Rating
	Pass (1-5)
	Commercial Real Estate:
	Owner Occupied	$	159,945,564		$	27,089,317		$	187,034,881
	Investment	159,392,609			51,664,220			211,056,829
	Hospitality	62,818,042			8,546,240			71,364,282
	Land and A&D	37,383,344			8,148,372			45,531,716
	Residential Real Estate:
	First-Investment	44,064,312			27,103,460			71,167,772
	First-Owner Occupied	12,896,971			60,399,843			73,296,814
	Land and A&D	17,778,528			12,678,761			30,457,289
	HELOC and Jr. Liens	18,302,559			3,359,063			21,661,622
	Commercial	85,415,692			9,529,078			94,944,770
	Consumer	10,113,098			870,843			10,983,941
		608,110,719			209,389,197			817,499,916
	Special Mention (6)
	Commercial Real Estate:
	Owner Occupied	1,310,107			2,128,647			3,438,754
Investment	1,432,243			835,918			2,268,161
Hospitality	—			—			—
Land and A&D	3,212,463			250,806			3,463,269
Residential Real Estate:
First-Investment	1,106,938			733,107			1,840,045
First-Owner Occupied	87,154			762,920			850,074
Land and A&D	2,066,763			—			2,066,763
HELOC and Jr. Liens	—			—			—
Commercial	1,841,859			646,700			2,488,559
Consumer	—			—			—
	11,057,527			5,358,098			16,415,625
Substandard (7)
Commercial Real Estate:
Owner Occupied	1,849,685			884,767			2,734,452
Investment	1,363,821			1,591,538			2,955,359
Hospitality	4,473,345			—			4,473,345
Land and A&D	—			—			—
Residential Real Estate:
First-Investment	123,183			527,528			650,711
First-Owner Occupied	925,812			1,084,740			2,010,552
Land and A&D	—			1,046,181			1,046,181
HELOC and Jr. Liens	—			—			—
Commercial	2,371,493			985,568			3,357,061
Consumer	14,427			—			14,427
	11,121,766			6,120,322			17,242,088
Doubtful (8)	—			—			—
Loss (9)	—			—			—
Total	$	630,290,012		$	220,867,617		$	851,157,629
Summary of activity in the allowance for loan losses by portfolio segment	'
	Three months ending June 30, 2014	Commercial			Commercial			Residential			Consumer			Total
					Real Estate			Real Estate
	Beginning balance	$	844,243		$	3,311,658		$	696,642		$	29,396		$	4,881,939
	General provision for loan losses	(171,084		)	1,546,938			207,587			58,223			1,641,664
	Provision (credit) for loan losses for loans acquired with deteriorated credit quality	—			2,616			(100,000		)	—			(97,384		)
	Recoveries	2,216			20			28,600			4,452			35,288
		675,375			4,861,232			832,829			92,071			6,461,507
	Loans charged off	(1,000		)	—			(111,641		)	(24,283		)	(136,924		)
	Ending Balance	$	674,375		$	4,861,232		$	721,188		$	67,788		$	6,324,583
	Six months ending June 30, 2014	Commercial			Commercial			Residential			Consumer			Total
					Real Estate			Real Estate
	Beginning balance	$	495,051		$	3,569,395		$	841,234		$	23,533		$	4,929,213
	General provision for loan losses	176,613			1,289,161			257,077			70,328			1,793,179
	Provision (credit) for loan losses for loans acquired with deteriorated credit quality	—			2,616			18,254			—			20,870
	Recoveries	4,711			60			36,270			8,478			49,519
		676,375			4,861,232			1,152,835			102,339			6,792,781
	Loans charged off	(2,000		)	—			(431,647		)	(34,551		)	(468,198		)
	Ending Balance	$	674,375		$	4,861,232		$	721,188		$	67,788		$	6,324,583
	Amount allocated to:
	Legacy Loans:
	Individually evaluated for impairment	$	184,444		$	2,658,345		$	—		$	45,687		$	2,888,476
	Other loans not individually evaluated	489,931			1,921,236			637,418			22,101			3,070,686
	Acquired Loans:
	Individually evaluated for impairment	—			281,651			83,770			—			365,421
	Ending balance	$	674,375		$	4,861,232		$	721,188		$	67,788		$	6,324,583
	Three Months Ended June 30, 2013	Real			Commercial			Boats			Other			Total
		Estate									Consumer
	Beginning balance	$	2,887,769		$	784,024		$	240,959		$	140,195		$	4,052,947
	Provision for loan losses	(266,540		)	140,365			7,579			(23,028		)	(141,624		)
	Provision for loan losses for loans acquired with deteriorated credit quality	341,624			—			—			—			341,624
	Recoveries	10,303			7,093			—			13,768			31,164
		2,973,156			931,482			248,538			130,935			4,284,111
	Loans charged off	—			(46,785		)	—			(46		)	(46,831		)
	Ending Balance	$	2,973,156		$	884,697		$	248,538		$	130,889		$	4,237,280
	Six Months Ending June 30, 2013	Real			Commercial			Boats			Other			Total
		Estate									Consumer
	Beginning balance	$	2,826,584		$	755,954		$	248,928		$	133,881		$	3,965,347
	Provision for loan losses	(243,887		)	254,035			(390		)	(26,382		)	(16,624		)
	Provision for loan losses for loans acquired with deteriorated credit quality	416,624			—			—			—			416,624
	Recoveries	41,686			24,089			—			36,442			102,217
		3,041,007			1,034,078			248,538			143,941			4,467,564
	Loans charged off	(67,851		)	(149,381		)	—			(13,052		)	(230,284		)
	Ending Balance	$	2,973,156		$	884,697		$	248,538		$	130,889		$	4,237,280
	Amount allocated to:
	Legacy Loans:
	Individually evaluated for impairment	$	25,000		$	—		$	—		$	—		$	25,000
	Collectively evaluated for impairment	2,556,532			884,697			248,538			130,889			3,820,656
	Acquired Loans:
	Individually evaluated for impairment	391,624			—			—			—			391,624
	Ending balance	$	2,973,156		$	884,697		$	248,538		$	130,889		$	4,237,280
Summary of recorded investment in loans related to each balance in the allowance for probable loan losses by portfolio segment and disaggregated on the basis of impairment methodology	'
	June 30, 2014	Commercial			Commercial			Residential			Consumer			Total
					Real Estate			Real Estate
	Legacy loans:
	Individually evaluated for impairment with specific reserve	$	425,670		$	4,473,345		$	—		$	182,748		$	5,081,763
	Individually evaluated for impairment without specific reserve	734,767			3,454,679			118,674			—			4,308,120
	Other loans not individually evaluated	88,389,569			473,030,942			111,440,939			9,368,133			682,229,583
	Acquired loans:
	Individually evaluated for impairment with specific reserve subsequent to acquisition (ASC 310-20 at acquisition)	—			371,806			131,031			—			502,837
	Individually evaluated for impairment without specific reserve (ASC 310-20 at acquisition)	85,926			—			2,802,556			—			2,888,482
	Collectively evaluated for impairment without reserve (ASC 310-20 at acquisition)	9,792,169			93,305,554			96,066,211			646,639			199,810,573
	Ending balance	$	99,428,101		$	574,636,326		$	210,559,411		$	10,197,520		$	894,821,358
	June 30, 2013	Real Estate			Commerical			Boats			Other			Total
											Consumer
	Legacy loans:
	Individually evaluated for impairment with specific reserve	$	499,122		$	—		$	—		$	—		$	499,122
	Individually evaluated for impairment without specific reserve	3,275,454			1,685,700			—			—			4,961,154
	Collectively evaluated for impairment without reserve	401,243,435			99,268,982			7,060,527			2,874,064			510,447,008
	Acquired loans:
	Individually evaluated for impairment with specific reserve subsequent to acquisition (ASC 310-20 at acquisition)	1,603,144			—			—			—			1,603,144
	Individually evaluated for impairment without specific reserve (ASC 310-30 at acquisition)	31,153,510			764,372			—			—			31,917,882
	Collectively evaluated for impairment without reserve (ASC 310-20 at acquisition)	228,726,807			11,024,500			—			1,181,292			240,932,599
	Ending balance	$	666,501,472		$	112,743,554		$	7,060,527		$	4,055,356		$	790,360,909

OTHER_REAL_ESTATE_OWNED_Tables

OTHER REAL ESTATE OWNED (Tables)	6 Months Ended
	Jun. 30, 2014
OTHER REAL ESTATE OWNED	'
Schedule of transactions in other real estate owned during the period	'
	Six months ended June 30, 2014	Legacy			Acquired			Total
	Beginning balance	$	475,291		$	3,836,051		$	4,311,342
	Real estate acquired through foreclosure of loans	334,000			1,020,889			1,354,889
	Real estate sold	(7,600		)	(1,313,361		)	(1,320,961		)
	Net realized gain on sale of real estate owned	—			282,195			282,195
	Ending balance	$	801,691		$	3,825,774		$	4,627,465

EARNINGS_PER_COMMON_SHARE_Tabl

EARNINGS PER COMMON SHARE (Tables)	6 Months Ended
	Jun. 30, 2014
EARNINGS PER COMMON SHARE	'
Schedule of weighted average and dilutive average number of shares	'
		Three Months Ended		Six Months Ended
		June 30,		June 30,
		2014	2013	2014	2013
	Weighted average number of shares	10,785,370	8,505,016	10,782,770	7,681,337
	Dilutive average number of shares	10,948,368	8,609,164	10,944,982	7,776,679

FAIR_VALUE_MEASUREMENT_Tables

FAIR VALUE MEASUREMENT (Tables)	6 Months Ended
	Jun. 30, 2014
FAIR VALUE MEASUREMENT	'
Schedule of assets and liabilities measured at fair value on a recurring basis	'
		At June 30, 2014 (In thousands)
				Quoted Prices in		Other		Significant		Total Changes
				Active Markets for		Observable		Unobservable		in Fair Values
				Identical Assets		Inputs		Inputs		Included in
		Carrying Value		(Level 1)		(Level 2)		(Level 3)		Period Earnings
	Available-for-sale:
	Treasury securities	$	3,002	$	3,002	$	—	$	—	$	—
	U.S. government agency	38,267		—		38,267		—		—
	Municipal securities	45,007		—		45,007		—		—
	FHLMC MBS	15,391		—		15,391		—		—
	FNMA MBS	13,857		—		13,857		—		—
	GNMA MBS	33,652		—		33,652		—		—
	SBA loan pools	6,531		—		6,531		—		—
	Total recurring assets at fair value	$	155,707	$	3,002	$	152,705	$	—	$	—
		At December 31, 2013 (In thousands)
				Quoted Prices in		Other		Significant		Total Changes
				Active Markets for		Observable		Unobservable		in Fair Values
				Identical Assets		Inputs		Inputs		Included in
		Carrying Value		(Level 1)		(Level 2)		(Level 3)		Period Earnings
	Available-for-sale:
	Treasury securities	$	1,250	$	1,250	$	—	$	—	$	—
	U.S. government agency	40,735		—		40,735		—		—
	Municipal securities	59,267		—		59,267		—		—
	FHLMC MBS	5,206		—		5,206		—		—
	FNMA MBS	18,703		—		18,703		—		—
	GNMA MBS	39,921		—		39,921		—		—
	SBA loan pools	7,088		—		7,088		—		—
	Total investment securities available for sale	172,170		1,250		170,920		—		—
	Sallie Mae equity securities	414		414		—		—		—
	Total recurring assets at fair value	$	172,584	$	1,664	$	170,920	$	—	$	—
Schedule of assets and liabilities measured at fair value on a nonrecurring basis	'
		At June 30, 2014 (In thousands)
				Quoted Prices in		Other		Significant
				Active Markets for		Observable		Unobservable
				Identical Assets		Inputs		Inputs
		Carrying Value		(Level 1)		(Level 2)		(Level 3)
	Impaired Loans
	Legacy:	$	6,501	$	—	$	—	$	6,777
	Acquired:	3,026		—		—		3,110
	Total Impaired Loans	9,527		—		—		9,887
	Other real estate owned:
	Legacy:	802		—		—		802
	Acquired:	3,825		—		—		3,825
	Total other real estate owned:	4,627		—		—		4,627
	Total	$	14,154	$	—	$	—	$	14,514
		At December 31, 2013 (In thousands)
				Quoted Prices in		Other		Significant
				Active Markets for		Observable		Unobservable
				Identical Assets		Inputs		Inputs
		Carrying Value		(Level 1)		(Level 2)		(Level 3)
	Impaired Loans
	Legacy:	$	9,723	$	—	$	—	$	9,723
	Acquired:	1,296		—		—		1,296
	Total Impaired Loans	11,019		—		—		11,019
	Other real estate owned:
	Legacy:	475		—		—		475
	Acquired:	3,836		—		—		3,836
	Total other real estate owned:	4,311		—		—		4,311
	Total	$	15,330	$	—	$	—	$	15,330
Schedule of estimated fair value of financial instruments	'
		June 30, 2014 (In thousands)
						Quoted Prices		Significant		Significant
				Total		in Active		Other		Other
		Carrying		Estimated		Markets for		Observable		Unobservable
		Amount		Fair		Identical Assets		Inputs		Inputs
		(000’s)		Value		(Level 1)		(Level 2)		(Level 3)
	Assets:
	Cash and cash equivalents	$	30,222	$	30,222	$	30,222	$	—	$	—
	Loans receivable, net	889,525		907,804		—		—		907,804
	Loans held for sale	4,075		4,237		—		4,237		—
	Investment securities available for sale	155,707		155,707		3,002		152,705		—
	Equity Securities at cost	4,304		4,304		—		4,304		—
	Bank Owned Life Insurance	31,000		31,000		—		31,000		—
	Accrued interest receivable	2,978		2,978		—		869		2,109
	Liabilities:
	Deposits:
	Non-interest-bearing	237,615		237,615		—		237,615		—
	Interest bearing	771,802		776,597		—		776,597		—
	Short term borrowings	35,769		35,769		—		35,769		—
	Long term borrowings	6,044		6,044		—		6,044		—
	Accrued Interest payable	230		230		—		230		—
		December 31, 2013 (In thousands)
						Quoted Prices		Significant		Significant
				Total		in Active		Other		Other
		Carrying		Estimated		Markets for		Observable		Unobservable
		Amount		Fair		Identical Assets		Inputs		Inputs
		(000’s)		Value		(Level 1)		(Level 2)		(Level 3)
	Assets:
	Cash and cash equivalents	$	29,058	$	29,058	$	29,058	$	—	$	—
	Loans receivable, net	847,249		860,458		—		—		860,458
	Loans held for sale	2,075		2,075		—		2,075		—
	Investment securities available for sale	172,170		172,170		1,250		170,920		—
	Equity Securities at cost	5,670		5,670		414		5,256		—
	Bank Owned Life Insurance	30,577		30,577		—		30,577		—
	Accrued interest receivable	3,433		3,433		—		1,088		2,345
	Liabilities:
	Deposits:
	Non-interest-bearing	228,734		228,734		—		228,734		—
	Interest bearing	745,626		751,703		—		751,703		—
	Short term borrowings	49,530		49,530		—		49,530		—
	Long term borrowings	6,093		6,093		—		6,093		—
	Accrued Interest payable	265		265		—		265		—

POINTER_RIDGE_OFFICE_INVESTMEN2

POINTER RIDGE OFFICE INVESTMENT, LLC (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Condensed Balance Sheets	'	'	'	'	'
Liabilities	$1,061,091,978	'	$1,061,091,978	'	$1,040,673,806
Equity	132,174,714	'	132,174,714	'	126,549,318
Condensed Statements of Income	'	'	'	'	'
Net income (loss)	1,755,456	-95,780	3,569,822	1,177,572	'
Pointer Ridge	'	'	'	'	'
Pointer Ridge Office Investment, LLC	'	'	'	'	'
Ownership percentage	'	'	62.50%	'	'
Condensed Balance Sheets	'	'	'	'	'
Current assets	238,695	'	238,695	'	286,206
Non-current assets	6,530,945	'	6,530,945	'	6,622,560
Liabilities	6,063,896	'	6,063,896	'	6,108,972
Equity	705,744	'	705,744	'	799,794
Condensed Statements of Income	'	'	'	'	'
Revenue	234,139	222,022	473,129	446,390	'
Expenses	271,151	252,676	567,180	511,963	'
Net income (loss)	($37,012)	($30,654)	($94,051)	($65,573)	'

ACQUISITION_OF_WSB_HOLDINGS_IN2

ACQUISITION OF WSB HOLDINGS, INC. (Details) (USD $)	6 Months Ended			0 Months Ended	3 Months Ended	0 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013	10-May-13	Sep. 30, 2013	10-May-13	Sep. 30, 2013	10-May-13
				WSB Holdings	WSB Holdings	WSB Holdings	WSB Holdings	WSB Holdings
						Fair Value Adjustments	Fair Value Adjustments	As Recorded by WSB Holdings, Inc.
							item
Acquisition of WSB Holdings, Inc.	'	'	'	'	'	'	'	'
Holder's right to receive cash for conversion of each share of common stock of acquiree (in dollars per share)	'	'	'	$6.07	'	'	'	'
Holder's right to receive shares for conversion of each share of common stock of acquiree	'	'	'	0.557	'	'	'	'
Aggregate cash consideration	'	$16,966,208	'	$16,966,208	'	'	'	'
Assets	'	'	'	'	'	'	'	'
Cash and due from banks	'	'	'	5,576,699	'	'	'	5,576,699
Federal funds sold	'	'	'	16,303,692	'	-16,966,208	'	33,269,900
Total cash and cash equivalents	'	'	'	21,880,391	'	-16,966,208	'	38,846,599
Investment securities available for sale-at fair value	'	'	'	79,374,701	'	-101,654	849,118	79,476,355
Loans, net of deferred fees and costs	'	'	'	162,941,102	'	-14,263,180	102,484	177,204,282
Allowance for loan losses	'	'	'	'	'	2,767,274	'	-2,767,274
Premises and equipment	'	'	'	10,379,053	'	5,673,151	'	4,705,902
Accrued interest receivable	'	'	'	886,413	'	'	'	886,413
Deferred income taxes	'	'	'	11,402,309	'	4,005,790	2,949	7,396,519
Bank owned life insurance	'	'	'	12,986,817	'	'	'	12,986,817
Other real estate owned	'	'	'	4,232,482	'	-993,476	-8,310	5,225,958
Core deposit intangible	'	'	'	2,434,723	'	2,434,723	'	'
Other assets	'	'	'	3,758,688	'	-567,850	'	4,326,538
Total assets	'	'	'	310,276,679	'	-18,011,430	'	328,288,109
Deposits	'	'	'	'	'	'	'	'
Non-interest bearing	'	'	'	10,863,874	'	'	'	10,863,874
Interest bearing	'	'	'	205,330,841	'	955,452	'	204,375,389
Total deposits	'	'	'	216,194,715	'	955,452	'	215,239,263
Long term borrowings	'	'	'	60,250,568	'	4,250,568	'	56,000,000
Accrued interest payable	'	'	'	246,416	'	'	'	246,416
Other liabilities	'	'	'	3,097,793	'	118,066	'	2,979,727
Total liabilities	'	'	'	279,789,492	'	5,324,086	'	274,465,406
Net identifiable assets acquired over (under) assumed	'	'	'	'	'	'	'	'
Purchase price in excess of net assets acquired	'	'	'	30,487,187	'	-23,335,516	'	53,822,703
Goodwill	7,793,665	'	7,793,665	7,159,875	'	7,159,875	'	'
Net assets acquired over liabilities assumed	'	'	'	37,647,062	'	-16,175,641	'	53,822,703
Income tax rate used to record deferred tax asset at fair value (as a percent)	'	'	'	'	'	39.45%	'	'
Purchase Price Consideration-Common Stock	'	'	'	'	'	'	'	'
WSB Holdings shares outstanding exchanged for stock	'	'	'	5,223,633	'	'	'	'
Exchange ratio	'	'	'	0.557	'	'	'	'
Old Line Bancshares shares issued to WSB Holdings stockholders	'	'	'	2,909,486	'	'	'	'
Purchase price per WSB Holdings common share (in dollar per share)	'	'	'	$6.07	'	'	'	'
Cash consideration	'	16,966,208	'	16,966,208	'	'	'	'
Purchase price assigned to shares exchanged for stock	'	'	'	37,765,128	'	'	'	'
Expenses not accrued for and paid by Old Line Bank	'	'	'	-118,066	'	'	'	'
Final purchase price for WSB acquisition	'	'	'	37,647,062	'	'	'	'
Measurement period adjustment to goodwill	$0	'	'	'	$946,241	$946,241	'	'
Number of commercial land loans	'	'	'	'	'	'	1	'

INVESTMENT_SECURITIES_Details

INVESTMENT SECURITIES (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Investment securities	'	'
Amortized cost	$156,762,752	$177,870,224
Gross unrealized gains	1,162,740	966,392
Gross unrealized losses	-2,218,808	-6,666,840
Estimated fair value	155,706,684	172,169,776
U. S. treasury	'	'
Investment securities	'	'
Amortized cost	3,001,044	1,249,831
Gross unrealized gains	678	156
Gross unrealized losses	-72	'
Estimated fair value	3,001,650	1,249,987
U.S. government agency	'	'
Investment securities	'	'
Amortized cost	39,439,130	42,942,107
Gross unrealized gains	8,250	'
Gross unrealized losses	-1,180,875	-2,206,975
Estimated fair value	38,266,505	40,735,132
Municipal securities	'	'
Investment securities	'	'
Amortized cost	44,252,288	61,190,506
Gross unrealized gains	918,141	601,327
Gross unrealized losses	-163,318	-2,525,198
Estimated fair value	45,007,111	59,266,635
FHLMC certificates	'	'
Investment securities	'	'
Amortized cost	15,352,594	5,214,835
Gross unrealized gains	72,455	75,950
Gross unrealized losses	-33,609	-84,819
Estimated fair value	15,391,440	5,205,966
FNMA certificates	'	'
Investment securities	'	'
Amortized cost	14,013,708	19,055,521
Gross unrealized gains	29,284	161,209
Gross unrealized losses	-185,949	-513,728
Estimated fair value	13,857,043	18,703,002
GNMA certificates	'	'
Investment securities	'	'
Amortized cost	33,948,149	40,878,372
Gross unrealized gains	133,932	127,750
Gross unrealized losses	-430,172	-1,084,896
Estimated fair value	33,651,909	39,921,226
SBA loan pools	'	'
Investment securities	'	'
Amortized cost	6,755,839	7,339,052
Gross unrealized losses	-224,813	-251,224
Estimated fair value	$6,531,026	$7,087,828

INVESTMENT_SECURITIES_Details_

INVESTMENT SECURITIES (Details 2) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
	item		item		item
Investment securities	'	'	'	'	'
Less than 12 months, Fair value	$14,006,255	'	$14,006,255	'	$118,297,419
Less than 12 months, Unrealized losses	34,065	'	34,065	'	5,469,648
12 Months or More, Fair value	89,233,507	'	89,233,507	'	15,425,560
12 Months or More, Unrealized losses	2,184,743	'	2,184,743	'	1,197,192
Total, Fair value	103,239,762	'	103,239,762	'	133,722,979
Total, Unrealized losses	2,218,808	'	2,218,808	'	6,666,840
Proceeds from sales, maturities or calls of investment securities and principal pay-downs of investment securities	'	'	34,400,000	82,900,000	'
Gross realized gains and proceeds from sales or calls of investment securities	'	'	'	'	'
Number of securities in an unrealized loss position for greater than 12 months	70	'	70	'	26
Number of securities in an unrealized loss position for less than 12 months	13	'	13	'	120
Net realized gain from the sale or call of investment securities	130,000	10,000	130,000	641,000	'
Gross realized gains from the sale or call of investment securities	599,000	'	599,000	857,000	'
Gross realized losses from the sale or call of investment securities	469,000	'	469,000	216,000	'
U. S. treasury	'	'	'	'	'
Investment securities	'	'	'	'	'
Less than 12 months, Fair value	1,501,800	'	1,501,800	'	'
Less than 12 months, Unrealized losses	72	'	72	'	'
Total, Fair value	1,501,800	'	1,501,800	'	'
Total, Unrealized losses	72	'	72	'	'
U.S. government agency	'	'	'	'	'
Investment securities	'	'	'	'	'
Less than 12 months, Fair value	1,498,200	'	1,498,200	'	39,324,082
Less than 12 months, Unrealized losses	843	'	843	'	2,107,099
12 Months or More, Fair value	33,760,055	'	33,760,055	'	1,411,050
12 Months or More, Unrealized losses	1,180,032	'	1,180,032	'	99,876
Total, Fair value	35,258,255	'	35,258,255	'	40,735,132
Total, Unrealized losses	1,180,875	'	1,180,875	'	2,206,975
Municipal securities	'	'	'	'	'
Investment securities	'	'	'	'	'
Less than 12 months, Fair value	1,657,163	'	1,657,163	'	30,367,222
Less than 12 months, Unrealized losses	5,557	'	5,557	'	1,654,439
12 Months or More, Fair value	7,924,050	'	7,924,050	'	9,190,578
12 Months or More, Unrealized losses	157,761	'	157,761	'	870,759
Total, Fair value	9,581,213	'	9,581,213	'	39,557,800
Total, Unrealized losses	163,318	'	163,318	'	2,525,198
Proceeds from sales, maturities or calls of investment securities and principal pay-downs of investment securities	'	'	15,900,000	'	'
Mortgage backed securities	'	'	'	'	'
Investment securities	'	'	'	'	'
Less than 12 months, Fair value	9,349,092	'	9,349,092	'	41,518,287
Less than 12 months, Unrealized losses	27,593	'	27,593	'	1,456,886
12 Months or More, Fair value	41,018,377	'	41,018,377	'	4,823,932
12 Months or More, Unrealized losses	622,137	'	622,137	'	226,557
Total, Fair value	50,367,469	'	50,367,469	'	46,342,219
Total, Unrealized losses	649,730	'	649,730	'	1,683,443
Collateral period of securities	'	'	'15 years	'	'
SBA loan pools	'	'	'	'	'
Investment securities	'	'	'	'	'
Less than 12 months, Fair value	'	'	'	'	7,087,828
Less than 12 months, Unrealized losses	'	'	'	'	251,224
12 Months or More, Fair value	6,531,025	'	6,531,025	'	'
12 Months or More, Unrealized losses	224,813	'	224,813	'	'
Total, Fair value	6,531,025	'	6,531,025	'	7,087,828
Total, Unrealized losses	$224,813	'	$224,813	'	$251,224

INVESTMENT_SECURITIES_Details_1

INVESTMENT SECURITIES (Details 3) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Available for Sale, Amortized cost	'	'
Within one year	$4,791,851	'
Over one to five years	68,497,283	'
Over five to ten years	77,624,026	'
Over ten years	5,849,592	'
Total available for sale, Amortized cost	156,762,752	177,870,224
Available for Sale, Fair value	'	'
Within one year	4,891,618	'
Over one to five years	68,759,945	'
Over five to ten years	76,359,017	'
Over ten years	5,696,104	'
Estimated fair value	155,706,684	172,169,776
Pledged securities	'	'
Amortized cost	47,349,043	'
Fair value	$46,897,329	'

LOANS_Details

LOANS (Details) (USD $)	6 Months Ended
	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012
	item
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	$894,821,358	'	$851,157,629	'	'	'
Allowance for loan losses	-6,324,583	-4,881,939	-4,929,213	-4,237,280	-4,052,947	-3,965,347
Deferred loan costs, net	1,028,011	'	1,020,174	'	'	'
Total Loans	889,524,786	'	847,248,590	'	'	'
Number of board of directors and executives forming loan committee	7	'	'	'	'	'
Commercial Real Estate	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	574,600,000	'	534,300,000	'	'	'
Allowance for loan losses	-4,861,232	-3,311,658	-3,569,395	'	'	'
Commercial Real Estate | Owner Occupied	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	216,237,303	'	193,208,087	'	'	'
Commercial Real Estate | Owner Occupied | Maximum	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Loan to value ratio (as a percent)	85.00%	'	'	'	'	'
Commercial Real Estate | Investment	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	234,048,972	'	216,280,347	'	'	'
Commercial Real Estate | Investment | Maximum	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Loan to value ratio (as a percent)	75.00%	'	'	'	'	'
Commercial Real Estate | Hospitality	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	78,758,359	'	75,837,626	'	'	'
Commercial Real Estate | Land and A&D	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	45,591,691	'	48,994,984	'	'	'
Residential Real Estate	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Allowance for loan losses	-721,188	-696,642	-841,234	-2,973,156	-2,887,769	-2,826,584
Residential Real Estate | Minimum	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Credit score required	660	'	'	'	'	'
Credit score required for loans sold in secondary market	640	'	'	'	'	'
Credit score required for loans sold in secondary market to veterans	620	'	'	'	'	'
Residential Real Estate | Maximum	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Loan to value ratio (as a percent)	80.00%	'	'	'	'	'
Maturity period of short duration loans	'9 months	'	'	'	'	'
Residential Real Estate | First Lien-Investment	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	72,678,063	'	73,658,530	'	'	'
Residential Real Estate | First Lien-Owner Occupied	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	79,613,298	'	76,157,441	'	'	'
Residential Real Estate | Residential Land and A&D	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	34,716,577	'	33,570,233	'	'	'
Residential Real Estate | HELOC and Jr. Liens	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	23,551,474	'	21,661,623	'	'	'
Residential Real Estate | Residential | Maximum	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Debt to income ratio required (as a percent)	43.00%	'	'	'	'	'
Residential Real Estate | Construction | Maximum	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Loan to value ratio (as a percent)	80.00%	'	'	'	'	'
Maturity period of short duration loans	'9 months	'	'	'	'	'
Residential Real Estate | Federal Housing Administration | Residential	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Loans, permissible amount under federal regulations	625,500	'	'	'	'	'
Single-family residential loans | Fannie Mae and Freddie Mac for secondary market resale | Residential | Minimum	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Loans, permissible amount under federal regulations	417,000	'	'	'	'	'
Single-family residential loans | Fannie Mae and Freddie Mac for secondary market resale | Residential | Maximum	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Loans, permissible amount under federal regulations	625,500	'	'	'	'	'
Commercial & Industrial Loans	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	99,428,101	'	100,790,390	'	'	'
Minimum threshold amount of loan for which financial condition and operating performance of the borrower is monitored	250,000	'	'	'	'	'
Consumer	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	10,197,520	'	10,998,368	'	'	'
Allowance for loan losses	-67,788	-29,396	-23,533	'	'	'
Consumer | Maximum	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Debt to income ratio required (as a percent)	40.00%	'	'	'	'	'
Commercial	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Allowance for loan losses	-674,375	-844,243	-495,051	-884,697	-784,024	-755,954
Legacy	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	691,619,466	'	630,290,012	'	'	'
Allowance for loan losses	-5,959,162	'	-4,397,552	'	'	'
Deferred loan costs, net	1,039,169	'	1,021,167	'	'	'
Total Loans	686,699,473	'	626,913,627	'	'	'
Number of components segmented in loan portfolio	2	'	'	'	'	'
Legacy | Commercial Real Estate | Owner Occupied	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	187,124,133	'	163,105,356	'	'	'
Legacy | Commercial Real Estate | Investment	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	184,191,948	'	162,188,671	'	'	'
Legacy | Commercial Real Estate | Hospitality	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	70,270,167	'	67,291,387	'	'	'
Legacy | Commercial Real Estate | Land and A&D	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	39,372,717	'	40,595,806	'	'	'
Legacy | Residential Real Estate | First Lien-Investment	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	46,755,367	'	45,294,434	'	'	'
Legacy | Residential Real Estate | First Lien-Owner Occupied	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	22,724,438	'	13,909,939	'	'	'
Legacy | Residential Real Estate | Residential Land and A&D	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	21,780,539	'	19,845,291	'	'	'
Legacy | Residential Real Estate | HELOC and Jr. Liens	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	20,299,270	'	18,302,560	'	'	'
Legacy | Commercial & Industrial Loans	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	89,550,006	'	89,629,043	'	'	'
Legacy | Consumer	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	9,368,133	'	10,127,525	'	'	'
Acquired	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	203,201,892	'	220,867,617	790,360,909	'	'
Allowance for loan losses	-365,421	'	-531,661	'	'	'
Deferred loan costs, net	-11,158	'	-993	'	'	'
Total Loans	202,825,313	'	220,334,963	'	'	'
Acquired | Commercial Real Estate	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	574,636,326	'	'	'	'	'
Acquired | Commercial Real Estate | Owner Occupied	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	29,113,170	'	30,102,731	'	'	'
Acquired | Commercial Real Estate | Investment	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	49,857,024	'	54,091,676	'	'	'
Acquired | Commercial Real Estate | Hospitality	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	8,488,192	'	8,546,239	'	'	'
Acquired | Commercial Real Estate | Land and A&D	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	6,218,974	'	8,399,178	'	'	'
Acquired | Residential Real Estate	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	210,559,411	'	'	666,501,472	'	'
Acquired | Residential Real Estate | First Lien-Investment	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	25,922,696	'	28,364,096	'	'	'
Acquired | Residential Real Estate | First Lien-Owner Occupied	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	56,888,860	'	62,247,502	'	'	'
Acquired | Residential Real Estate | Residential Land and A&D	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	12,936,038	'	13,724,942	'	'	'
Acquired | Residential Real Estate | HELOC and Jr. Liens	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	3,252,204	'	3,359,063	'	'	'
Acquired | Commercial & Industrial Loans	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	9,878,095	'	11,161,347	'	'	'
Acquired | Consumer	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	646,639	'	870,843	'	'	'
Acquired | Commercial	'	'	'	'	'	'
Held-for-investment	'	'	'	'	'	'
Total before allowance and deferred loan cost	$99,428,101	'	'	$112,743,554	'	'

LOANS_Details_2

LOANS (Details 2) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Aging analysis of the loan held for investment portfolio	'	'
Current	$881,450,516	$834,646,539
Accruing past due loans:	'	'
Total 30-89 days past due	3,655,548	6,037,755
Total 90 or more days past due	1,945,809	1,654,560
Total accruing past due loans	5,601,357	7,692,315
Total Recorded Investment Non-accruing past due loans:	7,769,485	8,818,775
Total Loans	889,524,786	847,248,590
Commercial Real Estate | Owner Occupied	'	'
Accruing past due loans:	'	'
Total 30-89 days past due	56,117	882,423
Total 90 or more days past due	'	309,767
Total Recorded Investment Non-accruing past due loans:	1,849,685	1,849,685
Commercial Real Estate | Investment	'	'
Accruing past due loans:	'	'
Total 30-89 days past due	'	534,694
Total Recorded Investment Non-accruing past due loans:	400,375	376,050
Commercial Real Estate | Hospitality	'	'
Accruing past due loans:	'	'
Total Recorded Investment Non-accruing past due loans:	4,473,345	4,473,345
Commercial Real Estate | Land and A&D	'	'
Accruing past due loans:	'	'
Total Recorded Investment Non-accruing past due loans:	128,376	'
Residential Real Estate | Residential First-Investment	'	'
Accruing past due loans:	'	'
Total 30-89 days past due	276,081	1,366,423
Total Recorded Investment Non-accruing past due loans:	118,674	123,183
Residential Real Estate | First Lien-Owner Occupied	'	'
Accruing past due loans:	'	'
Total 30-89 days past due	147,403	2,584,408
Total 90 or more days past due	1,198,405	429,144
Total Recorded Investment Non-accruing past due loans:	64,263	1,081,957
Residential Real Estate | Residential Land and A&D	'	'
Accruing past due loans:	'	'
Total 30-89 days past due	1,277,061	35,162
Total 90 or more days past due	73,087	915,649
Total Recorded Investment Non-accruing past due loans:	'	130,532
Commercial	'	'
Accruing past due loans:	'	'
Total 30-89 days past due	1,883,838	620,537
Total 90 or more days past due	491,569	'
Total Recorded Investment Non-accruing past due loans:	734,767	769,597
Consumer	'	'
Accruing past due loans:	'	'
Total 30-89 days past due	15,048	14,108
Total 90 or more days past due	182,748	'
Total Recorded Investment Non-accruing past due loans:	'	14,426
Legacy	'	'
Aging analysis of the loan held for investment portfolio	'	'
Current	681,591,488	620,559,847
Accruing past due loans:	'	'
Total 30-89 days past due	2,177,190	1,574,115
Total 90 or more days past due	674,317	'
Total accruing past due loans	2,851,507	1,574,115
Total Recorded Investment Non-accruing past due loans:	7,176,471	8,156,050
Total Loans	686,699,473	626,913,627
Legacy | Commercial Real Estate | Owner Occupied	'	'
Accruing past due loans:	'	'
Total 30-89 days past due	'	828,388
Total Recorded Investment Non-accruing past due loans:	1,849,685	1,849,685
Legacy | Commercial Real Estate | Hospitality	'	'
Accruing past due loans:	'	'
Total Recorded Investment Non-accruing past due loans:	4,473,345	4,473,345
Legacy | Residential Real Estate | Residential First-Investment	'	'
Accruing past due loans:	'	'
Total 30-89 days past due	276,081	521,405
Total Recorded Investment Non-accruing past due loans:	118,674	123,183
Legacy | Residential Real Estate | First Lien-Owner Occupied	'	'
Accruing past due loans:	'	'
Total Recorded Investment Non-accruing past due loans:	'	925,814
Legacy | Residential Real Estate | Residential Land and A&D	'	'
Accruing past due loans:	'	'
Total 30-89 days past due	1,277,061	'
Legacy | Commercial	'	'
Accruing past due loans:	'	'
Total 30-89 days past due	609,000	224,322
Total 90 or more days past due	491,569	'
Total Recorded Investment Non-accruing past due loans:	734,767	769,597
Legacy | Consumer	'	'
Accruing past due loans:	'	'
Total 30-89 days past due	15,048	'
Total 90 or more days past due	182,748	'
Total Recorded Investment Non-accruing past due loans:	'	14,426
Acquired	'	'
Aging analysis of the loan held for investment portfolio	'	'
Current	199,859,028	214,086,692
Accruing past due loans:	'	'
Total 30-89 days past due	1,478,358	4,463,640
Total 90 or more days past due	1,271,492	1,654,560
Total accruing past due loans	2,749,850	6,118,200
Total Recorded Investment Non-accruing past due loans:	593,014	662,725
Total Loans	202,825,313	220,334,963
Acquired | Commercial Real Estate | Owner Occupied	'	'
Accruing past due loans:	'	'
Total 30-89 days past due	56,117	54,035
Total 90 or more days past due	'	309,767
Acquired | Commercial Real Estate | Investment	'	'
Accruing past due loans:	'	'
Total 30-89 days past due	'	534,694
Total Recorded Investment Non-accruing past due loans:	400,375	376,050
Acquired | Commercial Real Estate | Land and A&D	'	'
Accruing past due loans:	'	'
Total Recorded Investment Non-accruing past due loans:	128,376	'
Acquired | Residential Real Estate | Residential First-Investment	'	'
Accruing past due loans:	'	'
Total 30-89 days past due	'	845,018
Acquired | Residential Real Estate | First Lien-Owner Occupied	'	'
Accruing past due loans:	'	'
Total 30-89 days past due	147,403	2,584,408
Total 90 or more days past due	1,198,405	429,144
Total Recorded Investment Non-accruing past due loans:	64,263	156,143
Acquired | Residential Real Estate | Residential Land and A&D	'	'
Accruing past due loans:	'	'
Total 30-89 days past due	'	35,162
Total 90 or more days past due	73,087	915,649
Total Recorded Investment Non-accruing past due loans:	'	130,532
Acquired | Commercial	'	'
Accruing past due loans:	'	'
Total 30-89 days past due	1,274,838	396,215
Acquired | Consumer	'	'
Accruing past due loans:	'	'
Total 30-89 days past due	'	$14,108

LOANS_Details_3

LOANS (Details 3) (USD $)	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2014	Jun. 30, 2014	Dec. 31, 2013
Unpaid Principal Balance	'	'	'
Total	$13,569,377	$13,569,377	$14,849,395
Recorded Investment	'	'	'
Total	12,781,202	12,781,202	13,441,487
Related Allowance	'	'	'
Total	3,253,897	3,253,897	2,421,894
Average Recorded Investment	'	'	'
Total	13,263,308	14,113,037	13,670,027
Interest Income Recognized	'	'	'
Total	43,185	82,956	464,178
Legacy	'	'	'
Unpaid Principal Balance	'	'	'
Total	9,389,883	9,389,883	11,613,569
Recorded Investment	'	'	'
Total	9,389,883	9,389,883	11,613,569
Related Allowance	'	'	'
Total	2,888,476	2,888,476	1,890,233
Average Recorded Investment	'	'	'
Total	9,392,714	9,447,341	11,828,819
Interest Income Recognized	'	'	'
Total	19,672	42,903	397,146
Legacy | Land and A&D	'	'	'
Average Recorded Investment	'	'	'
With an allowance recorded	'	441,423	'
Interest Income Recognized	'	'	'
With an allowance recorded	'	6,919	'
Legacy | Commercial Real Estate | Owner Occupied	'	'	'
Unpaid Principal Balance	'	'	'
With no related allowance recorded	2,115,118	2,115,118	1,849,685
With an allowance recorded	'	'	274,516
Recorded Investment	'	'	'
With no related allowance recorded	2,115,118	2,115,118	1,849,685
With an allowance recorded	'	'	274,516
Related Allowance	'	'	'
Total	'	'	137,258
Average Recorded Investment	'	'	'
With no related allowance recorded	2,115,118	2,120,422	1,855,418
With an allowance recorded	'	'	282,630
Interest Income Recognized	'	'	'
With no related allowance recorded	'	'	70,711
With an allowance recorded	'	'	18,177
Legacy | Commercial Real Estate | Investment	'	'	'
Unpaid Principal Balance	'	'	'
With no related allowance recorded	1,339,561	1,339,561	'
With an allowance recorded	'	'	1,363,821
Recorded Investment	'	'	'
With no related allowance recorded	1,339,561	1,339,561	'
With an allowance recorded	'	'	1,363,821
Related Allowance	'	'	'
Total	'	'	136,382
Average Recorded Investment	'	'	'
With no related allowance recorded	1,339,561	1,350,641	'
With an allowance recorded	'	'	1,385,973
Interest Income Recognized	'	'	'
With no related allowance recorded	13,952	29,360	'
With an allowance recorded	'	'	63,855
Legacy | Commercial Real Estate | Hospitality	'	'	'
Unpaid Principal Balance	'	'	'
With an allowance recorded	4,473,345	4,473,345	4,473,345
Recorded Investment	'	'	'
With an allowance recorded	4,473,345	4,473,345	4,473,345
Related Allowance	'	'	'
Total	2,658,345	2,658,345	1,250,000
Average Recorded Investment	'	'	'
With an allowance recorded	4,473,345	4,473,345	4,491,435
Interest Income Recognized	'	'	'
With an allowance recorded	'	'	105,772
Legacy | Residential Real Estate | Residential First-Investment	'	'	'
Unpaid Principal Balance	'	'	'
With no related allowance recorded	118,674	118,674	123,183
Recorded Investment	'	'	'
With no related allowance recorded	118,674	118,674	123,183
Average Recorded Investment	'	'	'
With no related allowance recorded	118,505	120,304	129,105
Legacy | Residential Real Estate | First Lien-Owner Occupied	'	'	'
Unpaid Principal Balance	'	'	'
With an allowance recorded	'	'	925,814
Recorded Investment	'	'	'
With an allowance recorded	'	'	925,814
Related Allowance	'	'	'
Total	'	'	167,450
Average Recorded Investment	'	'	'
With an allowance recorded	'	'	931,492
Interest Income Recognized	'	'	'
With an allowance recorded	'	'	16,664
Legacy | Commercial	'	'	'
Unpaid Principal Balance	'	'	'
With no related allowance recorded	734,767	734,767	2,136,376
With an allowance recorded	425,670	425,670	459,439
Recorded Investment	'	'	'
With no related allowance recorded	734,767	734,767	2,136,376
With an allowance recorded	425,670	425,670	459,439
Related Allowance	'	'	'
Total	184,444	184,444	191,753
Average Recorded Investment	'	'	'
With no related allowance recorded	737,767	757,814	2,235,110
With an allowance recorded	425,670	'	510,230
Interest Income Recognized	'	'	'
With no related allowance recorded	2,426	4,777	90,917
With an allowance recorded	3,294	'	31,018
Legacy | Consumer	'	'	'
Unpaid Principal Balance	'	'	'
With an allowance recorded	182,748	182,748	7,390
Recorded Investment	'	'	'
With an allowance recorded	182,748	182,748	7,390
Related Allowance	'	'	'
Total	45,687	45,687	7,390
Average Recorded Investment	'	'	'
With an allowance recorded	182,748	183,392	7,426
Interest Income Recognized	'	'	'
With an allowance recorded	'	1,847	32
Acquired	'	'	'
Unpaid Principal Balance	'	'	'
Total	4,179,494	4,179,494	3,235,826
Recorded Investment	'	'	'
Total	3,391,319	3,391,319	1,827,918
Related Allowance	'	'	'
Total	365,421	365,421	531,661
Average Recorded Investment	'	'	'
Total	3,870,594	4,665,696	1,841,208
Interest Income Recognized	'	'	'
Total	23,513	40,053	67,032
Acquired | Commercial Real Estate | Owner Occupied	'	'	'
Unpaid Principal Balance	'	'	'
With no related allowance recorded	'	'	605,314
Recorded Investment	'	'	'
With no related allowance recorded	'	'	579,583
Average Recorded Investment	'	'	'
With no related allowance recorded	'	'	590,677
Interest Income Recognized	'	'	'
With no related allowance recorded	'	'	24,821
Acquired | Commercial Real Estate | Investment	'	'	'
Unpaid Principal Balance	'	'	'
With an allowance recorded	371,806	371,806	372,047
Recorded Investment	'	'	'
With an allowance recorded	371,806	371,806	376,050
Related Allowance	'	'	'
Total	281,651	281,651	279,037
Average Recorded Investment	'	'	'
With an allowance recorded	371,806	371,996	376,047
Interest Income Recognized	'	'	'
With an allowance recorded	1,086	1,086	17,509
Acquired | Residential Real Estate | Land and A&D	'	'	'
Unpaid Principal Balance	'	'	'
With no related allowance recorded	1,476,850	1,476,850	1,628,156
Recorded Investment	'	'	'
With no related allowance recorded	721,212	721,212	241,624
Average Recorded Investment	'	'	'
With no related allowance recorded	1,519,568	1,857,535	241,624
Interest Income Recognized	'	'	'
With no related allowance recorded	13,345	16,216	'
Acquired | Residential Real Estate | Residential First-Investment	'	'	'
Unpaid Principal Balance	'	'	'
With no related allowance recorded	287,294	287,294	'
Recorded Investment	'	'	'
With no related allowance recorded	287,294	287,294	'
Average Recorded Investment	'	'	'
With no related allowance recorded	287,294	299,338	'
Acquired | Residential Real Estate | First Lien-Owner Occupied	'	'	'
Unpaid Principal Balance	'	'	'
With no related allowance recorded	1,826,587	1,826,587	'
With an allowance recorded	'	'	411,891
Recorded Investment	'	'	'
With no related allowance recorded	1,794,050	1,794,050	'
With an allowance recorded	'	'	412,742
Related Allowance	'	'	'
Total	'	'	187,109
Average Recorded Investment	'	'	'
With no related allowance recorded	1,474,969	1,919,205	'
With an allowance recorded	'	'	414,020
Interest Income Recognized	'	'	'
With no related allowance recorded	7,996	20,924	'
With an allowance recorded	'	'	11,460
Acquired | Residential Real Estate | Residential Land and A&D	'	'	'
Unpaid Principal Balance	'	'	'
With an allowance recorded	131,031	131,031	131,031
Recorded Investment	'	'	'
With an allowance recorded	131,031	131,031	130,532
Related Allowance	'	'	'
Total	83,770	83,770	65,515
Average Recorded Investment	'	'	'
With an allowance recorded	131,031	131,031	130,332
Interest Income Recognized	'	'	'
With an allowance recorded	'	'	8,709
Acquired | Commercial	'	'	'
Unpaid Principal Balance	'	'	'
With no related allowance recorded	85,926	85,926	87,387
Recorded Investment	'	'	'
With no related allowance recorded	85,926	85,926	87,387
Average Recorded Investment	'	'	'
With no related allowance recorded	85,926	86,591	88,508
Interest Income Recognized	'	'	'
With no related allowance recorded	$1,086	$1,827	$4,533

LOANS_Details_4

LOANS (Details 4) (USD $)	3 Months Ended	6 Months Ended			12 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Dec. 31, 2013
	item	item	item	Restructured loans	Restructured loans
				item	item
Troubled debt restructurings	'	'	'	'	'
Number of Contracts	'	0	'	4	5
Loan modified as TDR	'	'	$60	'	'
Pre-Modification Outstanding Recorded Investment	'	'	$667	$598	'
Number of loans modified as TDR	0	0	1	'	'
Number of loans that have been modified as troubled debt restructurings that defaulted	0	0	'	'	'

LOANS_Details_5

LOANS (Details 5) (USD $)	6 Months Ended				6 Months Ended
	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2013	Dec. 31, 2012	Jun. 30, 2014	Jun. 30, 2013
					Acquired	Acquired
Accretable Yield	'	'	'	'	'	'
Beginning balance	'	'	'	'	$40,771	'
Additions due to WSB acquisition	'	'	'	'	'	2,644,163
Accretion of fair value discounts	'	'	'	'	-646,861	-632,786
Reclassification from non-accretable	'	'	'	'	579,301	573,682
Ending balance	'	'	'	'	26,789	2,585,059
Contractually Required Payments Receivable	10,853,648	12,482,792	57,176,676	24,930,742	'	'
Carrying Amount	7,994,957	8,742,777	31,245,470	13,363,882	'	'
Change in allowance for loan losses for General Reserves due to exceeding of credit mark	0	'	'	'	'	'
Change in allowance for loan losses due to exceeding of credit mark for estimate of loss exposure	$0	'	'	'	'	'

LOANS_Details_6

LOANS (Details 6) (USD $)

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Consumer

Consumer

Installment and other consumer loans and real estate loans

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Legacy

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Acquired

Owner Occupied

Owner Occupied

Investment

Investment

Hospitality

Hospitality

Land and A&D

Land and A&D

First Lien-Investment

First Lien-Investment

First-Owner Occupied

First-Owner Occupied

Land and A&D

Land and A&D

HELOC and Jr. Liens

HELOC and Jr. Liens

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Commercial

Commercial

Consumer

Consumer

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Commercial

Commercial

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Commercial

Commercial

Consumer

Consumer

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Consumer

Consumer

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Commercial

Commercial

Consumer

Consumer

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Pass (1-5)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Special Mention (6)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Substandard (7)

Owner Occupied

Owner Occupied

Investment

Investment

Hospitality

Hospitality

Land and A&D

Land and A&D

First Lien-Investment

First Lien-Investment

First-Owner Occupied

First-Owner Occupied

Land and A&D

Land and A&D

HELOC and Jr. Liens

HELOC and Jr. Liens

Owner Occupied

Owner Occupied

Investment

Investment

Land and A&D

Land and A&D

First Lien-Investment

First Lien-Investment

First-Owner Occupied

First-Owner Occupied

Land and A&D

Land and A&D

Owner Occupied

Owner Occupied

Investment

Investment

Hospitality

Hospitality

First Lien-Investment

First Lien-Investment

First-Owner Occupied

First-Owner Occupied

Land and A&D

Land and A&D

Owner Occupied

Owner Occupied

Investment

Investment

Hospitality

Hospitality

Land and A&D

Land and A&D

First Lien-Investment

First Lien-Investment

First-Owner Occupied

First-Owner Occupied

Land and A&D

Land and A&D

HELOC and Jr. Liens

HELOC and Jr. Liens

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Commercial

Commercial

Consumer

Consumer

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Commercial

Commercial

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Commercial

Commercial

Consumer

Consumer

Owner Occupied

Owner Occupied

Investment

Investment

Hospitality

Hospitality

Land and A&D

Land and A&D

First Lien-Investment

First Lien-Investment

First-Owner Occupied

First-Owner Occupied

Land and A&D

Land and A&D

HELOC and Jr. Liens

HELOC and Jr. Liens

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Commercial

Commercial

Consumer

Consumer

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Commercial

Commercial

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Commercial

Commercial

Owner Occupied

Owner Occupied

Investment

Investment

Hospitality

Hospitality

Land and A&D

Land and A&D

First Lien-Investment

First Lien-Investment

First-Owner Occupied

First-Owner Occupied

Land and A&D

Land and A&D

HELOC and Jr. Liens

HELOC and Jr. Liens

Owner Occupied

Owner Occupied

Investment

Investment

Land and A&D

Land and A&D

First Lien-Investment

First Lien-Investment

First-Owner Occupied

First-Owner Occupied

Land and A&D

Land and A&D

Owner Occupied

Owner Occupied

Investment

Investment

Hospitality

Hospitality

First Lien-Investment

First Lien-Investment

First-Owner Occupied

Owner Occupied

Owner Occupied

Investment

Investment

Hospitality

Hospitality

Land and A&D

Land and A&D

First Lien-Investment

First Lien-Investment

First-Owner Occupied

First-Owner Occupied

Land and A&D

Land and A&D

HELOC and Jr. Liens

HELOC and Jr. Liens

Owner Occupied

Owner Occupied

Investment

Investment

Land and A&D

Land and A&D

First Lien-Investment

First Lien-Investment

First-Owner Occupied

First-Owner Occupied

Land and A&D

Owner Occupied

Owner Occupied

Investment

Investment

First Lien-Investment

First Lien-Investment

First-Owner Occupied

First-Owner Occupied

Land and A&D

Land and A&D

Credit quality indicators

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'

'

Loss ratio period considered

'

'

'

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'

'

'

'

'

'

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'

'

'

'

'

'

'

'

'

'3 years

'

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'

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'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Account balance

$894,821,358

$851,157,629

$574,600,000

$534,300,000

$216,237,303

$193,208,087

$234,048,972

$216,280,347

$78,758,359

$75,837,626

$45,591,691

$48,994,984

$72,678,063

$73,658,530

$79,613,298

$76,157,441

$34,716,577

$33,570,233

$23,551,474

$21,661,623

$10,197,520

$10,998,368

'

$863,306,427

$817,499,916

$210,626,698

$187,034,881

$229,278,867

$211,056,829

$74,285,014

$71,364,282

$42,262,075

$45,531,716

$70,688,568

$71,167,772

$78,220,152

$73,296,814

$31,369,314

$30,457,289

$23,551,473

$21,661,622

$93,737,006

$94,944,770

$10,197,520

$10,983,941

$17,019,349

$16,415,625

$3,185,919

$3,438,754

$2,280,170

$2,268,161

$3,329,617

$3,463,269

$1,368,596

$1,840,045

$715,924

$850,074

$2,583,318

$2,066,763

$3,555,805

$2,488,559

$13,768,070

$17,242,088

$2,424,685

$2,734,452

$2,489,936

$2,955,359

$4,473,345

$4,473,345

$620,899

$650,711

$677,222

$2,010,552

$763,945

$1,046,181

$2,135,290

$3,357,061

$182,748

$14,427

$691,619,466

$630,290,012

$187,124,133

$163,105,356

$184,191,948

$162,188,671

$70,270,167

$67,291,387

$39,372,717

$40,595,806

$46,755,367

$45,294,434

$22,724,438

$13,909,939

$21,780,539

$19,845,291

$20,299,270

$18,302,560

$9,368,133

$10,127,525

$670,496,119

$608,110,719

$184,161,521

$159,945,564

$181,429,368

$159,392,609

$65,796,822

$62,818,042

$36,279,930

$37,383,344

$45,411,599

$44,064,312

$22,639,531

$12,896,971

$19,568,029

$17,778,528

$20,299,269

$18,302,559

$85,541,917

$85,415,692

$9,550,881

$10,113,098

$11,998,897

$11,057,527

$1,112,925

$1,310,107

$1,423,020

$1,432,243

$3,092,788

$3,212,463

$1,225,094

$1,106,938

$84,907

$87,154

$2,212,511

$2,066,763

$2,847,652

$1,841,859

$9,124,450

$11,121,766

$1,849,685

$1,849,685

$1,339,561

$1,363,821

$4,473,345

$4,473,345

$118,674

$123,183

$925,812

$1,160,437

$2,371,493

$182,748

$14,427

$203,201,892

$220,867,617

$790,360,909

$574,636,326

$29,113,170

$30,102,731

$49,857,024

$54,091,676

$8,488,192

$8,546,239

$6,218,974

$8,399,178

$210,559,411

$666,501,472

$25,922,696

$28,364,096

$56,888,860

$62,247,502

$12,936,038

$13,724,942

$3,252,204

$3,359,063

$99,428,101

$112,743,554

$646,639

$870,843

$193,537,820

$209,389,197

$26,465,177

$27,089,317

$47,849,499

$51,664,220

$8,488,192

$8,546,240

$5,982,145

$8,148,372

$25,276,969

$27,103,460

$55,580,621

$60,399,843

$11,801,285

$12,678,761

$3,252,204

$3,359,063

$8,195,089

$9,529,078

$646,639

$870,843

$5,020,452

$5,358,098

$2,072,994

$2,128,647

$857,150

$835,918

$236,829

$250,806

$143,502

$733,107

$631,017

$762,920

$370,807

$708,153

$646,700

$4,643,620

$6,120,322

$575,000

$884,767

$1,150,375

$1,591,538

$502,225

$527,528

$677,222

$1,084,740

$763,945

$1,046,181

$974,853

$985,568

LOANS_Details_7

LOANS (Details 7) (USD $)

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2013

Jun. 30, 2013

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2013

Jun. 30, 2013

Legacy

Legacy

Legacy

Acquired

Acquired

Acquired

Commercial

Commercial

Commercial

Commercial

Commercial

Commercial

Commercial

Commercial Real Estate

Commercial Real Estate

Commercial Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Residential Real Estate

Other consumer

Other consumer

Other consumer

Consumer

Consumer

Consumer

Boats

Boats

Boats

Legacy

Legacy

Acquired

Legacy

Legacy

Legacy

Acquired

Acquired

Legacy

Legacy

Legacy

Activity in the allowance for loan losses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Beginning balance

$4,881,939

$4,052,947

$4,929,213

$3,965,347

$5,959,162

$4,397,552

'

$365,421

$531,661

'

$844,243

$784,024

$495,051

$755,954

'

'

'

$3,311,658

$3,569,395

'

$696,642

$2,887,769

$841,234

$2,826,584

'

'

'

'

$140,195

$133,881

'

$29,396

$23,533

'

$240,959

$248,928

'

General provision for loan losses

-1,544,280

-200,000

-1,814,049

-400,000

'

'

'

'

'

'

-171,084

140,365

176,613

254,035

'

'

'

1,546,938

1,289,161

'

207,587

-266,540

-257,077

-243,887

'

'

'

'

-23,028

-26,382

'

58,223

70,328

'

7,579

-390

'

Provision (credit ) for loan losses for loans acquired with deteriorated credit quality

-97,384

341,624

20,870

416,624

'

'

'

'

'

'

'

'

'

'

'

'

'

2,616

2,616

'

-100,000

341,624

18,254

416,624

'

'

'

'

'

'

'

'

'

'

'

'

'

Recoveries

35,288

31,164

49,519

102,217

'

'

'

'

'

'

2,216

7,093

4,711

24,089

'

'

'

20

60

'

28,600

10,303

36,270

41,686

'

'

'

'

13,768

36,442

'

4,452

8,478

'

'

'

'

Allowance for loan losses before charge offs

6,461,507

4,284,111

6,792,781

4,467,564

'

'

'

'

'

'

675,375

931,482

676,375

1,034,078

'

'

'

4,861,232

4,861,232

'

832,829

2,973,156

1,152,835

3,041,007

'

'

'

'

130,935

143,941

'

92,071

102,339

'

248,538

248,538

'

Loans charged off

-136,924

-46,831

-468,198

-230,284

'

'

'

'

'

'

-1,000

-46,785

-2,000

-149,381

'

'

'

'

'

'

-111,641

'

-431,647

-67,851

'

'

'

'

-46

-13,052

'

-24,283

-34,551

'

'

'

'

Ending Balance

6,324,583

4,237,280

6,324,583

4,237,280

5,959,162

4,397,552

'

365,421

531,661

'

674,375

884,697

674,375

884,697

'

'

'

4,861,232

4,861,232

'

721,188

2,973,156

721,188

2,973,156

'

'

'

'

130,889

130,889

'

67,788

67,788

'

248,538

248,538

'

Amount allocated to:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Individually evaluated for impairment

'

'

'

'

2,888,476

'

25,000

365,421

'

391,624

'

'

'

'

184,444

'

281,651

'

'

2,658,345

'

'

'

'

'

25,000

83,770

391,624

'

'

'

'

'

45,687

'

'

'

Other loans not individually evaluated

'

'

'

'

3,070,686

'

3,820,656

'

'

'

'

'

'

'

489,931

884,697

'

'

'

1,921,236

'

'

'

'

637,418

2,556,532

'

'

'

'

130,889

'

'

22,101

'

'

248,538

Ending balance

$6,324,583

$4,237,280

$6,324,583

$4,237,280

$5,959,162

$4,397,552

'

$365,421

$531,661

'

$674,375

$884,697

$674,375

$884,697

'

'

'

$4,861,232

$4,861,232

'

$721,188

$2,973,156

$721,188

$2,973,156

'

'

'

'

$130,889

$130,889

'

$67,788

$67,788

'

$248,538

$248,538

'

LOANS_Details_8

LOANS (Details 8) (USD $)	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2013
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology	'	'	'
Ending balance	$894,821,358	$851,157,629	'
Commercial Real Estate	'	'	'
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology	'	'	'
Ending balance	574,600,000	534,300,000	'
Consumer	'	'	'
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology	'	'	'
Ending balance	10,197,520	10,998,368	'
Legacy	'	'	'
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology	'	'	'
Individually evaluated for impairment with specific reserve	5,081,763	'	499,122
Individually evaluated for impairment without specific reserve	4,308,120	'	4,961,154
Other loans not individually evaluated	682,229,583	'	'
Collectively evaluated for impairment without reserve	'	'	510,447,008
Ending balance	691,619,466	630,290,012	'
Legacy | Commercial	'	'	'
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology	'	'	'
Individually evaluated for impairment with specific reserve	425,670	'	'
Individually evaluated for impairment without specific reserve	734,767	'	1,685,700
Other loans not individually evaluated	88,389,569	'	'
Collectively evaluated for impairment without reserve	'	'	99,268,982
Legacy | Commercial Real Estate	'	'	'
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology	'	'	'
Individually evaluated for impairment with specific reserve	4,473,345	'	'
Individually evaluated for impairment without specific reserve	3,454,679	'	'
Other loans not individually evaluated	473,030,942	'	'
Legacy | Residential Real Estate	'	'	'
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology	'	'	'
Individually evaluated for impairment with specific reserve	'	'	499,122
Individually evaluated for impairment without specific reserve	118,674	'	3,275,454
Other loans not individually evaluated	111,440,939	'	'
Collectively evaluated for impairment without reserve	'	'	401,243,435
Legacy | Consumer	'	'	'
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology	'	'	'
Individually evaluated for impairment with specific reserve	182,748	'	'
Other loans not individually evaluated	9,368,133	'	'
Ending balance	9,368,133	10,127,525	'
Legacy | Boats	'	'	'
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology	'	'	'
Collectively evaluated for impairment without reserve	'	'	7,060,527
Legacy | Other consumer	'	'	'
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology	'	'	'
Collectively evaluated for impairment without reserve	'	'	2,874,064
Acquired	'	'	'
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology	'	'	'
Individually evaluated for impairment without specific reserve	502,837	'	1,603,144
Individually evaluated for impairment without specific reserve (ASC 310-20 at acquisition)	2,888,482	'	'
Individually evaluated for impairment without specific reserve (ASC 310-30 at acquisition)	'	'	31,917,882
Collectively evaluated for impairment without reserve	199,810,573	'	240,932,599
Ending balance	203,201,892	220,867,617	790,360,909
Acquired | Commercial	'	'	'
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology	'	'	'
Individually evaluated for impairment without specific reserve (ASC 310-20 at acquisition)	85,926	'	'
Individually evaluated for impairment without specific reserve (ASC 310-30 at acquisition)	'	'	764,372
Collectively evaluated for impairment without reserve	9,792,169	'	11,024,500
Ending balance	99,428,101	'	112,743,554
Acquired | Commercial Real Estate	'	'	'
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology	'	'	'
Individually evaluated for impairment without specific reserve	371,806	'	'
Collectively evaluated for impairment without reserve	93,305,554	'	'
Ending balance	574,636,326	'	'
Acquired | Residential Real Estate	'	'	'
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology	'	'	'
Individually evaluated for impairment without specific reserve	131,031	'	1,603,144
Individually evaluated for impairment without specific reserve (ASC 310-20 at acquisition)	2,802,556	'	'
Individually evaluated for impairment without specific reserve (ASC 310-30 at acquisition)	'	'	31,153,510
Collectively evaluated for impairment without reserve	96,066,211	'	228,726,807
Ending balance	210,559,411	'	666,501,472
Acquired | Consumer	'	'	'
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology	'	'	'
Collectively evaluated for impairment without reserve	646,639	'	'
Ending balance	646,639	870,843	'
Acquired | Boats	'	'	'
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology	'	'	'
Ending balance	'	'	7,060,527
Acquired | Other consumer	'	'	'
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology	'	'	'
Collectively evaluated for impairment without reserve	'	'	1,181,292
Ending balance	'	'	$4,055,356

OTHER_REAL_ESTATE_OWNED_Detail

OTHER REAL ESTATE OWNED (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
			item
Other real estate owned	'	'	'	'
Number of components in which the other real estate owned were segmented	'	'	2	'
Transactions in other real estate owned during the period	'	'	'	'
Beginning balance	'	'	$4,311,342	'
Real estate acquired through foreclosure of loans	'	'	1,354,889	'
Real estate sold	'	'	-1,320,961	-2,512,724
(Gain) loss on sales of other real estate owned	-79,127	770	-282,195	201,224
Ending balance	4,627,465	'	4,627,465	'
Legacy	'	'	'	'
Transactions in other real estate owned during the period	'	'	'	'
Beginning balance	'	'	475,291	'
Real estate acquired through foreclosure of loans	'	'	334,000	'
Real estate sold	'	'	-7,600	'
Ending balance	801,691	'	801,691	'
Acquired	'	'	'	'
Transactions in other real estate owned during the period	'	'	'	'
Beginning balance	'	'	3,836,051	'
Real estate acquired through foreclosure of loans	'	'	1,020,889	'
Real estate sold	'	'	-1,313,361	'
(Gain) loss on sales of other real estate owned	'	'	282,195	'
Ending balance	$3,825,774	'	$3,825,774	'

EARNINGS_PER_COMMON_SHARE_Deta

EARNINGS PER COMMON SHARE (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
EARNINGS PER COMMON SHARE	'	'	'	'
Weighted average number of shares	10,785,370	8,505,016	10,782,770	7,681,337
Dilutive average number of shares	10,948,368	8,609,164	10,944,982	7,776,679

STOCK_BASED_COMPENSATION_Detai

STOCK BASED COMPENSATION (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Stock based compensation	'	'	'	'
Stock-based compensation expense	$71,280	$50,186	$198,082	$133,848
Unrecognized compensation cost related to non-vested stock options	$430,701	'	$430,701	'
Period over which unrecognized compensation cost is expected to be realized	'	'	'1 year 3 months	'
Shares available for future issuance	485,192	'	485,192	'
Stock options	'	'	'	'
Stock based compensation	'	'	'	'
Options exercised (in shares)	'	'	'	58,948
Options granted (in shares)	'	'	50,739	52,712
Options granted (in dollars per share)	'	'	$4.69	'
Restricted stock	'	'	'	'
Stock based compensation	'	'	'	'
Restricted stock granted (in shares)	'	'	8,257	8,382
Restricted stock granted (in dollars per share)	'	'	$16.76	'
Restricted stock forfeited (in shares)	'	'	0	0

FAIR_VALUE_MEASUREMENT_Details

FAIR VALUE MEASUREMENT (Details) (USD $)	3 Months Ended			6 Months Ended
	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Assets and liabilities measured at fair value	'	'	'	'	'	'
Fair Value Assets transfers amount	$0	'	'	$0	'	$0
Fair Value liabilities transfers amount	0	'	'	0	'	0
Gain (loss) on disposal of assets	17,919	96,993	-19,078	114,912	-104,639	'
Available-for-sale	155,706,684	'	'	155,706,684	'	172,169,776
Treasury securities	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	3,001,650	'	'	3,001,650	'	1,249,987
U.S. government agency	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	38,266,505	'	'	38,266,505	'	40,735,132
Municipal securities	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	45,007,111	'	'	45,007,111	'	59,266,635
FHLMC MBS	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	15,391,440	'	'	15,391,440	'	5,205,966
FNMA MBS	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	13,857,043	'	'	13,857,043	'	18,703,002
GNMA MBS	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	33,651,909	'	'	33,651,909	'	39,921,226
SBA loan pools	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	6,531,026	'	'	6,531,026	'	7,087,828
Quoted Prices in Active Markets for Identical Assets (Level 1)	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	3,002,000	'	'	3,002,000	'	1,250,000
Other Observable Inputs (Level 2)	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	152,705,000	'	'	152,705,000	'	170,920,000
Carrying Value	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	155,707,000	'	'	155,707,000	'	172,170,000
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1)	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	3,002,000	'	'	3,002,000	'	1,250,000
Assets	'	'	'	'	'	1,664,000
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | Treasury securities	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	3,002,000	'	'	3,002,000	'	1,250,000
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | Sallie Mae equity securities	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Assets	'	'	'	'	'	414,000
Recurring basis | Other Observable Inputs (Level 2)	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	152,705,000	'	'	152,705,000	'	170,920,000
Assets	'	'	'	'	'	170,920,000
Recurring basis | Other Observable Inputs (Level 2) | U.S. government agency	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	38,267,000	'	'	38,267,000	'	40,735,000
Recurring basis | Other Observable Inputs (Level 2) | Municipal securities	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	45,007,000	'	'	45,007,000	'	59,267,000
Recurring basis | Other Observable Inputs (Level 2) | FHLMC MBS	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	15,391,000	'	'	15,391,000	'	5,206,000
Recurring basis | Other Observable Inputs (Level 2) | FNMA MBS	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	13,857,000	'	'	13,857,000	'	18,703,000
Recurring basis | Other Observable Inputs (Level 2) | GNMA MBS	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	33,652,000	'	'	33,652,000	'	39,921,000
Recurring basis | Other Observable Inputs (Level 2) | SBA loan pools	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	6,531,000	'	'	6,531,000	'	7,088,000
Recurring basis | Carrying Value	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	155,707,000	'	'	155,707,000	'	172,170,000
Assets	'	'	'	'	'	172,584,000
Recurring basis | Carrying Value | Treasury securities	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	3,002,000	'	'	3,002,000	'	1,250,000
Recurring basis | Carrying Value | U.S. government agency	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	38,267,000	'	'	38,267,000	'	40,735,000
Recurring basis | Carrying Value | Municipal securities	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	45,007,000	'	'	45,007,000	'	59,267,000
Recurring basis | Carrying Value | FHLMC MBS	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	15,391,000	'	'	15,391,000	'	5,206,000
Recurring basis | Carrying Value | FNMA MBS	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	13,857,000	'	'	13,857,000	'	18,703,000
Recurring basis | Carrying Value | GNMA MBS	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	33,652,000	'	'	33,652,000	'	39,921,000
Recurring basis | Carrying Value | SBA loan pools	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Available-for-sale	6,531,000	'	'	6,531,000	'	7,088,000
Recurring basis | Carrying Value | Sallie Mae equity securities	'	'	'	'	'	'
Assets and liabilities measured at fair value	'	'	'	'	'	'
Assets	'	'	'	'	'	$414,000

FAIR_VALUE_MEASUREMENT_Details1

FAIR VALUE MEASUREMENT (Details 2) (USD $)	6 Months Ended
	Jun. 30, 2014	Dec. 31, 2013
	item
Assets and liabilities measured at fair value	'	'
Impaired Loans	$12,781,202	$13,441,487
Additional disclosures	'	'
Number of components in which the other real estate owned were segmented	2	'
Legacy	'	'
Assets and liabilities measured at fair value	'	'
Impaired Loans	9,389,883	11,613,569
Acquired	'	'
Assets and liabilities measured at fair value	'	'
Impaired Loans	3,391,319	1,827,918
Significant Unobservable Inputs (Level 3) | Minimum	'	'
Additional disclosures	'	'
Discounts (as a percent)	0.00%	'
Significant Unobservable Inputs (Level 3) | Maximum	'	'
Additional disclosures	'	'
Discounts (as a percent)	50.00%	'
Nonrecurring basis | Significant Unobservable Inputs (Level 3)	'	'
Assets and liabilities measured at fair value	'	'
Impaired Loans	9,527,000	11,019,000
Other real estate owned	4,627,000	4,311,000
Assets	14,154,000	15,330,000
Nonrecurring basis | Significant Unobservable Inputs (Level 3) | Legacy	'	'
Assets and liabilities measured at fair value	'	'
Impaired Loans	6,501,000	9,723,000
Other real estate owned	802,000	475,000
Nonrecurring basis | Significant Unobservable Inputs (Level 3) | Acquired	'	'
Assets and liabilities measured at fair value	'	'
Impaired Loans	3,026,000	1,296,000
Other real estate owned	3,825,000	3,836,000
Nonrecurring basis | Carrying Value	'	'
Assets and liabilities measured at fair value	'	'
Impaired Loans	9,527,000	11,019,000
Other real estate owned	4,627,000	4,311,000
Assets	14,154,000	15,330,000
Nonrecurring basis | Carrying Value | Legacy	'	'
Assets and liabilities measured at fair value	'	'
Impaired Loans	6,501,000	9,723,000
Other real estate owned	802,000	475,000
Nonrecurring basis | Carrying Value | Acquired	'	'
Assets and liabilities measured at fair value	'	'
Impaired Loans	3,026,000	1,296,000
Other real estate owned	$3,825,000	$3,836,000

FAIR_VALUE_MEASUREMENT_Details2

FAIR VALUE MEASUREMENT (Details 3) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Assets:	'	'
Loans held-for-sale	$4,237,126	$2,074,924
Investment securities available for sale	155,706,684	172,169,776
Bank Owned Life Insurance	31,000,380	30,577,187
Accrued interest receivable	2,978,470	3,432,924
Liabilities:	'	'
Non-interest bearing	237,614,952	228,733,624
Interest bearing	771,801,936	745,625,862
Total Estimated Fair Value	'	'
Assets:	'	'
Cash and cash equivalents	30,222,000	29,058,000
Loans receivable, net	907,804,000	860,458,000
Loans held-for-sale	4,237,000	2,075,000
Investment securities available for sale	155,707,000	172,170,000
Equity securities at cost	4,304,000	5,670,000
Bank Owned Life Insurance	31,000,000	30,577,000
Accrued interest receivable	2,978,000	3,433,000
Liabilities:	'	'
Non-interest bearing	237,615,000	228,734,000
Interest bearing	776,597,000	751,703,000
Short term borrowings	35,769,000	49,530,000
Long term borrowings	6,044,000	6,093,000
Accrued interest payable	230,000	265,000
Quoted Prices in Active Markets for Identical Assets (Level 1)	'	'
Assets:	'	'
Cash and cash equivalents	30,222,000	29,058,000
Investment securities available for sale	3,002,000	1,250,000
Equity securities at cost	'	414,000
Significant Other Observable Inputs (Level 2)	'	'
Assets:	'	'
Loans held-for-sale	4,237,000	2,075,000
Investment securities available for sale	152,705,000	170,920,000
Equity securities at cost	4,304,000	5,256,000
Bank Owned Life Insurance	31,000,000	30,577,000
Accrued interest receivable	869,000	1,088,000
Liabilities:	'	'
Non-interest bearing	237,615,000	228,734,000
Interest bearing	776,597,000	751,703,000
Short term borrowings	35,769,000	49,530,000
Long term borrowings	6,044,000	6,093,000
Accrued interest payable	230,000	265,000
Significant Other Unobservable Inputs (Level 3)	'	'
Assets:	'	'
Loans receivable, net	907,804,000	860,458,000
Accrued interest receivable	2,109,000	2,345,000
Carrying Amount	'	'
Assets:	'	'
Cash and cash equivalents	30,222,000	29,058,000
Loans receivable, net	889,525,000	847,249,000
Loans held-for-sale	4,075,000	2,075,000
Investment securities available for sale	155,707,000	172,170,000
Equity securities at cost	4,304,000	5,670,000
Bank Owned Life Insurance	31,000,000	30,577,000
Accrued interest receivable	2,978,000	3,433,000
Liabilities:	'	'
Non-interest bearing	237,615,000	228,734,000
Interest bearing	771,802,000	745,626,000
Short term borrowings	35,769,000	49,530,000
Long term borrowings	6,044,000	6,093,000
Accrued interest payable	$230,000	$265,000