| Business Summary | | Eagle
Bancorp,
Inc.
is
the
holding
company
of
EagleBank
(the
Bank),
a
commercial
bank.
The
Company,
through
the
Bank,
provides
domestic
financial
services
primarily
in
Montgomery
County,
Maryland
and
Washington,
D.C.
The
primary
financial
services
include
real
estate,
commercial
and
consumer
lending,
as
well
as
traditional
demand
deposits
and
savings
products.
The
Bank
operates
from
four
southern
Montgomery
County
offices
located
in
Rockville,
Bethesda
and
Silver
Spring,
Maryland.
A
fifth
location,
in
Washington,
D.C.,
is
expected
to
open
by
May
2001.
The
Bank
is
developing
a
loan
portfolio
consisting
primarily
of
business
loans
with
variable
rates
and/or
short
maturities
where
the
cash
flow
of
the
borrower
is
the
principal
source
of
debt
service
with
a
secondary
emphasis
on
collateral. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Eagle
Bancorp,
Inc.
is
the
bank
holding
company
for
EagleBank,
a
full-service
commercial
bank.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
48%
to
$6.8
million.
Net
interest
income
after
provision
for
loan
losses
rose
38%
to
$3.4
million.
Net
income
totalled
$1.2
million,
up
from
$408
thousand.
Net
interest
income
after
LLP
reflects
an
increase
in
interest
earning
assets.
Net
income
also
reflects
an
increase
in
revenue
from
service
charges
on
deposit
accounts. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Leonard Abel, 74 Chairman | -- | Ronald Paul, 45 Vice
Chairman, Pres, Treasurer | $18K | H. Ward, 54 Exec.
VP, Director, Pres and CEO of Bank | 223K | Wilmer Tinley, Jr., 62 Sr.
VP, CFO | -- | Martha Foulon-Tonat, 45 Sr.
VP and CLO of the Bank | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|