WesBanco

www.wesbanco.com

WesBanco, Inc. Completes Merger with Old Line Bancshares, Inc. and Appoints Directors Company Release - 11/22/2019 5:02 PM ET WHEELING, W.Va., Nov. 22, 2019 /PRNewswire/ -- WesBanco, Inc. ("WesBanco") (Nasdaq:WSBC), a diversified, multi-state bank holding company, announced the successful closing of the previously announced acquisition of Old Line Bancshares, Inc. (Nasdaq: OLBK) ("Old Line"). With the closing of the merger, WesBanco has appointed James W. Cornelsen and Gregory S. Proctor, Jr., formerly directors of Old Line, to the WesBanco board of directors. Todd F. Clossin, President and Chief Executive Officer of WesBanco, stated, "We are pleased to welcome the customers and employees of Old Line to the WesBanco family, and are excited about the opportunities this merger presents; in particular, the combination of Old Line's market presence and loan growth with our enhanced products and services and deposit funding advantage. We believe this strategic partnership will provide the opportunity to attract additional talent, add market share, and drive positive operating leverage. WesBanco prides itself on delivering large bank capabilities with a community bank feel, which is one of the key reasons we were named the #7 Best Bank in America by Forbes magazine. We look forward to providing our newest customers with a broader array of banking services, including expanded commercial and mortgage lending capabilities, as well as trust and wealth management services." https://investor.wesbanco.com/News-and-Events/press-releases-news/news-details/2019/WesBanco-Inc.-Completes-Merger-with-Old-Line-Bancshares-Inc.-and-Appoints-Directors/default.aspx

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WesBanco, Inc. Completes Merger with Old Line Bancshares, Inc. and Appoints Directors Company Release - 11/22/2019 5:02 PM ET WHEELING, W.Va., Nov. 22, 2019 /PRNewswire/ -- WesBanco, Inc. ("WesBanco") (Nasdaq:WSBC), a diversified, multi-state bank holding company, announced the successful closing of the previously announced acquisition of Old Line Bancshares, Inc. (Nasdaq: OLBK) ("Old Line"). With the closing of the merger, WesBanco has appointed James W. Cornelsen and Gregory S. Proctor, Jr., formerly directors of Old Line, to the WesBanco board of directors. Todd F. Clossin, President and Chief Executive Officer of WesBanco, stated, "We are pleased to welcome the customers and employees of Old Line to the WesBanco family, and are excited about the opportunities this merger presents; in particular, the combination of Old Line's market presence and loan growth with our enhanced products and services and deposit funding advantage. We believe this strategic partnership will provide the opportunity to attract additional talent, add market share, and drive positive operating leverage. WesBanco prides itself on delivering large bank capabilities with a community bank feel, which is one of the key reasons we were named the #7 Best Bank in America by Forbes magazine. We look forward to providing our newest customers with a broader array of banking services, including expanded commercial and mortgage lending capabilities, as well as trust and wealth management services." https://investor.wesbanco.com/News-and-Events/press-releases-news/news-details/2019/WesBanco-Inc.-Completes-Merger-with-Old-Line-Bancshares-Inc.-and-Appoints-Directors/default.aspx

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Country

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State

Maryland

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City (Headquarters)

Bowie

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Industry

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Employees

1001-5000

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Estimated Revenue

$500,000,000 to $1,000,000,000

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