OLD LINE BANCSHARES INC | 2013 | FY | 3


7. Equity Securities

        We own the following equity securities:

December 31,
  2013   2012  

Federal Reserve Bank stock

  $ 2,919,700   $ 1,553,250  

Atlantic Central Bankers Bank stock

    189,500     119,500  

Federal Home Loan Bank stock

    1,994,200     1,520,400  

SLMA stock

    413,910     269,798  

Maryland Financial Bank stock

    152,497     152,496  
           

Total

  $ 5,669,807   $ 3,615,444  
           
           

        With the exception of the SLMA stock, which we carry at fair value based on current quoted market prices, we carry these securities at cost and have evaluated them for other than temporary impairment. In 2013 and 2012, we did not record any such impairment.


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