Filing Details

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Item 1.

Security and Issuer

This statement relates to the common stock, par value $0.01 per share (the Common Stock), of Old Line Bancshares, Inc., a Maryland Corporation, (the Issuer).  The principal executive offices of the Issuer are located at 1525 Pointer Ridge Place, Bowie, Maryland 20716.

Item 2.

Identity and Background

(a)   This schedule 13D/A is being filed by H Bancorp LLC, a Delaware limited liability Company.

(b)   H Bancorp LLCs principal address is c/o Sunwest Bank, 2050 Main Street, Suite 300, Irvine, CA 92614.

(c)   H Bancorp LLC is a $1.3 billion private bank holding company with banking operations located in the western United States.

(d)   During the last five years, H Bancorp LLC has not been convicted in a criminal proceedings (excluding traffic violations or similar misdemeanors).

(e)   During the last five years, H Bancorp LLC has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgement, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or findings any violation with respect to such laws.

Item 3.

Source and Amount of Funds or Other Consideration

Form 13D/A #1, filed on July 9, 2018, reported the following:  The Old Line Bancshares owned by H Bancorp LLC were originally acquired through Old Line Bancshares acquisition of Bay Bancorp Inc. on April 13, 2018, less 93,655 shares sold during the past 2 months.

Reporting with this filing:  H Bancorp LLC sold 178,596 shares of the Common Stock.

Item 4.

Purpose of Transaction

Except as otherwise set forth herein, H Bancorp LLC does not have any plans or proposals that would result in:

(a)   The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer;

(b)   An extraordinary corporation transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries;

(c)   A sale or transfer of a material amount of assets of the Issuer of any of its subsidiaries;

(d)   Any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board, except as described above;

(e)   Any material change in the present capitalization or dividend policy of the issuer;

(f)    Any other material change in the Issuers business or corporate structure;

(g)   Changes in the Issuers charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person;

(h)   Causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;

(i)    A class of equity securities of the Issuer becoming eligible for termination of registration or pursuant to Section 12(g)(4) of the Act(4); or

(j)    Any action similar to any of those enumerated above.

Item 5.

Interest in Securities of the Issuer

(a)   H Bancorp LLC is deemed to be the beneficial owner of 862,451 shares of Common Stock, constituting 5.07% of the outstanding shares of Common Stock.

(b)   H Bancorp LLC has the sole power to vote or direct the vote, and dispose or direct the disposition of 862,451 shares of Common Stock.  This power is exercised by its Chairman and Chief Executive Officer Eric D. Hovde.

(c)   To the knowledge of the reporting person 178,596 of Old Line Bancshares were sold as reported above.

(d)   To H Bancorp LLCs knowledge, no person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such shares owned directly by H Bancorp LLC, other than H Bancorp LLC.

(e)   Not applicable.

Item 6.

Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

H Bancorp LLCs Chairman and Chief Executive Officer, Eric D. Hovde, resigned as a member of the Issuers Board of Directors on July 24, 2019.  H Bancorp LLC is not a party to any contract, arrangement, understanding or relationship with any person with respect to any securities of the Issuer.

Item 7.

Material to be Filed as Exhibits

None

September 25, 2019

Date

/s/ Eric D. Hovde

Signature

CEO

Name/Title

ATTENTION

Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).