Annual Report
2008
S T R E N G T H
to grow
C O M M I T M E N T
to serve
C O N F I D E N C E
to succeed
STRENGTHCOMMITMENTCONFIDENCE Eagle Bancorp, Inc.
NASDAQ Composite Index
NASDAQ Bank Index
STOCK PERFORMANCE COMPARISON
Stock Price Performance. The following table compares the cumulative total return on a hypothetical investment of
$100 in the Company’s common stock on December 31, 1999 through December 31, 2008, with the hypothetical
cumulative total return on the NASDAQ Composite Index (U.S. Companies) and the NASDAQ Bank Index for the
comparable period, including reinvestment of dividends.
600
500
400
300
200
100
0
12/31/99
12/31/00
12/31/01
12/31/02
12/31/03
12/31/04
12/31/05
12/31/06
12/31/07
12/31/08
EAGLE BANCORP, INC.
NASDAQ BANK INDEX
NASDAQ COMPOSITE INDEX
19 9 9
2 000
2 00 1
2 002
2 003
2 004
2 00 5
2 00 6
2 007
2 00 8
Eagle Bancorp, Inc.
NASDAQ Composite Index
NASDAQ Bank Index
100
100
100
100
61
115
169
48
126
228
33
132
295
49
171
342
53
190
508
54
182
502
59
202
395
65
157
188
39
120
Assuming $100 was invested on December 31, 1999
TO OUR SHAREHOLDERS
As we write this letter to you, the American banking system and the global economy are
undergoing major adjustments and reorganization. Two thousand eight was a year of awakening
for many. Scores of industries, companies and individuals came to grips with the rapidly slowing
and de-leveraging economy. The impact of this double-edged sword was caused, in larger part,
by disruption in the global financial system due to a lack of liquidity in the credit markets and the
devaluation of the housing market.
We are pleased to report that despite the severe economic environment and the negative media
attention, 2008 was a year of growth, change and success unparalleled in EagleBank’s history.
It was a very significant year for us, not only because we continued to grow in the traditional ways
banks are measured, but also because of the changes we made for the better.
At the end of August, we completed the merger with Fidelity & Trust Financial Corporation that
had been announced in December 2007. This merger increased the size of our customer and
business base 50% overnight. Thousands of new customers were welcomed to the Bank and to
our commitment to superior service. Not only did these new clients gain access to EagleBank,
but with the merger, our existing customers obtained access to our services at six additional
branch offices. A very exciting facet of the merger is the expansion of our branch presence into
northern Virginia through the office in Tysons Corner. We also now provide added convenience
to our customers with the Georgetown office. Additionally, we gained the services of many new
and valuable employees, officers and directors who share our values and priorities and who have
enhanced the EagleBank team. And finally, we added a new specialty banking unit, International
Banking, which specializes in providing services to Embassies and related foreign entities that
enrich the very unique Washington, DC market.
To continue the growth of the Bank, it is imperative to have a strong capital base. After raising
capital only twice before the 10-year anniversary of the Bank, we added capital twice in 2008.
In August, the Company arranged the placement of $12.1 million of privately funded subordinated
debt. The structure of the transaction is such that the funds are considered Tier 2 capital for all
regulatory purposes. To ensure that the Company would have sufficient capital levels to support
future growth, in December, we sold $38.2 million of Preferred Stock to the U.S. Treasury under
the TARP Capital Purchase Program. Therefore, at year end, the Bank had a very strong capital
position, and exceeded all standards for a well-capitalized institution.
Even though we felt the impact of the declining economic environment, the Bank achieved
remarkable financial performance during 2008. Annual profits of $7.4 million were down only
4% from the $7.7 million earned in 2007, which was extremely favorable compared to almost
every segment of the banking industry. We continue to find opportunities to make quality loans
and enjoyed loan growth of 26% during the year, exclusive of the merger. Likewise, we generated
18% growth in deposits without the merger. At 4.05%, our net interest margin is higher than that
of our peers. We have been able to maintain this margin despite a general environment which has
caused the Federal Reserve to reduce short term rates over 400 basis points during the year.
The Bank has always offered competitive rates on deposit products, but has seen an opportunity
to improve yields on both commercial and industrial loans, as well as real estate loans, as the
credit markets evolved during the year.
Preserving asset quality is of primary importance during an economic downturn. We are carefully
monitoring our loan portfolio and reacting swiftly to any potential problems. As recognition of the
times, we have increased the allowance for credit losses at year-end to 1.45% of total loans, as
compared to 1.12% at the end of 2007. The provision for credit losses represents the amount of
expense charged to current earnings to fund the allowance for credit losses. The allowance for
credit losses is 72% of non-performing loans, which we believe remains at a very manageable
level. Net charge-offs as a percentage of total loans were only 0.12% for the year.
These financial statistics reveal the success we achieved in many areas during the year,
particularly in regard to the merger. We anticipate seeing the full financial impact of the merger in
2009. Our customer outreach and retention efforts have been successful and well received. We
took advantage of the best technical capabilities of both companies to provide improved electronic
banking functionality to all our customers.
Another success for the Bank was the sponsorship of the Inaugural EagleBank Bowl. This
event, which we committed to in September 2008, along with the EagleBank Foundation Golf
Tournament, has demonstrated our continued support of our community, our local charities and our
social commitment to corporate responsibility.
EagleBank is well positioned for 2009. While aware of all the issues presented by the economic
recession, we are excited by the opportunities presented in the Washington Metropolitan Area,
one of the strongest demographic markets in our Nation. During these most difficult financial
times, we especially want to thank all of the 235 members of the EagleBank family, and our
fellow Directors, who, day in and day out, continue to provide the highest level of professionalism,
reinforcing the vision and mission that EagleBank has stood for these past 10 years.
We look forward to another successful year and as always thank you for your support!
Sincerely,
Ronald D. Paul
Chairman & Chief Executive Officer
Robert P. Pincus
Vice Chairman
2
SIX-YEAR SUMMARY OF SELECTED FINANCIAL DATA
The following table shows selected historical consolidated financial data for Eagle Bancorp (“the Company”). It should be read in
conjunction with the Company’s audited consolidated financial statements appearing elsewhere.
YEAR ENDED DECEMBER 31,
(dollars in thousands except per-share data)
2 00 8
2 007
2 00 6
2 00 5
2 004
2 003
5-Year
Compound
Growth Rate
Selected Balances - Period End
Total assets
Total stockholders’ equity
Total loans
Total deposits
Selected Balances - Averages
Total assets
Total stockholders’ equity
Total loans
Total deposits
Results of Operations
Interest income
Interest expense
Net interest income
Provision for credit losses
Net interest income after provision
for credit losses
Noninterest income
Noninterest expense
Income before taxes
Income tax expense
Net income
Dividends paid, common shareholders
$1,496,827
142,371
1,265,640
1,129,380
$846,400
81,166
716,677
630,936
$773,451
72,916
625,773
628,515
$672,252
64,964
549,212
568,893
$553,453
58,534
415,509
462,287
$442,997
53,012
317,533
335,514
28%
22%
32%
27%
$1,076,201
92,892
911,329
839,568
$800,437
76,760
659,204
634,332
$712,297
68,973
575,854
585,621
$610,245
61,563
479,311
512,416
$487,853
55,507
353,537
397,788
$375,802
34,028
266,811
292,953
$65,657
23,676
41,981
3,979
$57,077
23,729
33,348
1,643
$50,318
17,880
32,438
1,745
$36,726
8,008
28,718
1,843
$24,195
4,328
19,867
675
$18,403
3,953
14,450
1,175
38,002
4,366
30,817
11,551
4,123
7,428
1,178
31,705
5,186
24,921
11,970
4,269
7,701
2,302
30,693
3,846
21,824
12,715
4,690
8,025
2,147
26,875
3,998
18,960
11,913
4,369
7,544
1,994
19,192
3,753
14,952
7,993
2,906
5,087
13,275
2,850
11,007
5,118
1,903
3,215
-
-
-
23%
22%
28%
23%
29%
43%
24%
28%
23%
9%
23%
18%
17%
18%
Per Share Data (1)
Earnings per weighted average
common share, basic (2)
Earnings per weighted average
common share, diluted (2)
Book value per common share
Dividends declared per common share
Dividend payout ratio
per common share (3)
Financial Ratios
Return on average assets
Return on average common equity
Average common equity
to average assets
Net Interest Margin
Efficiency ratio (4)
Nonperforming loans to total loans
Net charge-offs to average loans
$0.63
$0.73
$0.77
$0.74
$0.51
$0.44
0.62
8.19
0.11
0.71
7.59
0.22
0.74
6.99
0.21
0.70
6.32
0.20
15.86%
29.89%
27.06%
26.42%
0.48
5.80
-
-
0.41
5.32
-
-
7%
9%
9%
0.69%
8.05%
0.96%
10.03%
1.13%
11.63%
1.24%
12.25%
8.37%
4.05%
66.49%
2.01%
0.12%
9.59%
4.37%
64.67%
0.74%
0.15%
9.68%
4.81%
60.15%
0.32%
0.06%
10.09%
4.99%
57.95%
0.09%
0.02%
1.04%
9.16%
11.38%
4.35%
63.30%
0.04%
0.03%
0.86%
9.45%
9.05%
4.14%
63.62%
0.21%
0.10%
(1) Presented giving retroactive effect to the 10% stock dividend paid on the common stock on October 1, 2008 and the stock splits in the
form of 30% dividends on the common stock paid on July 5, 2006 and February 28, 2005. In July 2008, the Company discontinued the
payment of its quarterly cash dividend.
(2) Earnings per weighted average common share, basic and diluted, for the twelve months ended December 31, 2008 reflects the reduction
to net income for the accrued dividends of $177 thousand on the preferred stock issued on December 5, 2008 pursuant to the Capital
Purchase Program.
(3) Computed by dividing dividends declared per common share by net income.
(4) Computed by dividing noninterest expense by the sum of net interest income and noninterest income.
STRENGTH. COMMIT MENT. CONFIDENCE.
STRENGTH. COMMIT MENT. CONFIDENCE.
AT E A G l E B A N k , strength is a force that radiates from within. It is power that finds its source in relationships
built on trust. It is respect for the goals of clients and the opinions of colleagues. And it is confidence to expand
our reach while continuing our commitment to superior service.
From a position of strength, EagleBank
community banks resulted in an expanded
convenient eStatements Service, International
completed a merger with Fidelity & Trust Bank
financial services organization with total assets
Banking, and a Commercial Deposit Services
in August 2008. More than a merger, it is a
of approximately $1.5 billion, an increase of
Division. We also began an exciting expansion
meeting of the minds, a symbol of shared
77% over 2007. Total loans grew 77%, while
of our corporate headquarters which will also
confidence, and a commitment to the future
total deposits increased 79%.
add the convenience of drive-through banking
in challenging times. It is also a commitment
to the relationships that, after a decade of
service, remain the focus and driving force
of EagleBank. As one of the area’s largest
and strongest community banks, the pledge
we made to our customers, shareholders,
employees, and community is renewed every
day. It is a pledge that we will listen to their
needs and respond. It is a drive to provide
quality financial services and successful
solutions. And it is a dedication to improve
both our community’s economic health and its
quality of life.
Blending EagleBank’s considerable financial
resources with those of Fidelity & Trust gave
us a strong advantage over our competitors
in terms of both asset quality and profitability.
Building on our strength, EagleBank continued
to thrive in a period of instability for many
other banks. Our net interest margin remained
high relative to our peers. We increased our
market share while retaining our values of local
accessibility and exceptional service.
With the merger, we expanded our branch
at our Bethesda Main branch.
In a year of growth and success, we take
pride in our increased focus on corporate
responsibility and our support of charitable
causes in the community we serve. As the title
sponsor of the Inaugural EagleBank Bowl,
a historic event supporting local charities as
well as the District’s economy, we reaffirm our
mission of service, both to area residents and
businesses. It is from strength that we continue
as leaders in corporate citizenship. And it is
with confidence that we create shareholder
network into Northern Virginia, gained two
value and build relationships, while we serve
In 2008, EagleBank continued the trend of
strategic locations in the District of Columbia,
as trusted advisors who share and nurture our
long-term growth that reflects our leadership
and continued to solidify our presence in
customers’ passion and entrepreneurial spirit.
and resilience in the financial marketplace.
Maryland. To anticipate and fulfill more of
The successful merger of two leading
our customers’ banking needs, we added a
1
S T R E N G T H
to grow
Business Development Officers
discuss creative banking solutions
prior to meeting a customer at
Jaleo, a Bethesda restaurant and
EagleBank client.
B U I l D I N G on a firm foundation, EagleBank strengthened
relationships and resources.
With the acquisition of Fidelity & Trust Bank,
we welcomed new customers and employees
as we combined two strong management
teams and merged the best practices of both
institutions. With the combined entity, we
enhanced our products and services to better
compete with larger banks in the region, while
still offering the distinct advantage of access to
local decision-makers. EagleBank customers
also benefited from our ability to make loans in
a year when other banks could not, both in our
capacity as commercial and real estate lenders
and in meeting our customers’ personal needs.
Dedicated to combining the best of both banks,
in 2008, former Fidelity & Trust commercial
banking experts joined with specialists at
EagleBank to offer customers with significant
deposits the benefits of a Commercial Deposit
Services Division. Our Commercial Deposit
Services officers are readily available every day
to offer support, specialized products, and
custom banking solutions. Recognizing the
level of service required to make banking
easier and more rewarding for all customers,
we added a convenient eStatements Service to
our online banking options. With this service,
monthly deposit account statements can be
viewed electronically. EagleBank also continued
to expand usage of our remote deposit service,
as more clients discover the benefits of making
deposits from their office and having faster
access to their funds. Not only do customers
save time with EagleBank’s many online
services, but increased use of “green”
electronic banking conserves paper and the
earth’s resources.
Introduced in 2008, EagleBank’s International
Banking Division reflects our desire to build
new relationships and expand our customer
base. Designed to meet the needs of
embassies, their affiliates, and other
international organizations, this division
provides the personalized banking assistance
that the international community expects, while
also complying with the regulations that govern
global banking in the United States.
Meeting the banking requirements of all of
our constituencies while we safeguard their
financial resources is a constant goal. As
industry leaders, in 2003, EagleBank was the
first financial institution in Maryland to
participate in the CDARS® * Program to give
customers more insurance options. As CDARS®
has grown, it uses a sophisticated computer
network to place customer deposits with other
FDIC-insured banks. This allows our clients to
maximize their insurance coverage up to the
established limit, while still managing all of
their funds through EagleBank.
Whatever segment of the business community
we serve, from real estate, health care, retail,
non-profits, and embassies to law, accounting,
architecture, and consulting firms, we are
committed to the thoughtful, steady growth that
enables us to offer safety, convenience, and a
full range of financial services.
* Certificate of Deposit Account Registry Service®
“ The combined entity enabled
us to enhance our products
and services to better compete
with larger banks in the region,
while still offering the distinct
advantage of access to local
decision-makers.”
Ron Paul, EagleBank Chairman and
CEO, and Bob Pincus, EagleBank
Vice Chairman, enjoy the Inaugural
EagleBank Bowl with client and
shareholder Ken Malm.
“ Just as our customers count on EagleBank to help them achieve
their goals, so can the community count on us to help make our
area a better place to live...”
C O N T R I B U T I N G to our community’s quality of life is paramount at EagleBank.
Our commitment to serve the area’s growing
businesses is mirrored by our dedication to
serve the well-being of its citizens. We know
that in building relationships in the community,
we are also building confidence and trust. Just
as our customers count on EagleBank to help
them achieve their goals, so can the community
count on us to help make our area a better
place to live.
In 2008, EagleBank became the title sponsor
and official bank of the Inaugural EagleBank
Bowl. Our leadership in this endeavor
demonstrates our focus on corporate
citizenship, our financial strength, and our
desire to contribute to the vitality of the
Nation’s Capital. Committed to honor those
who serve our country, the event seeks to
always include a team from the U.S. military
academies against an opponent from the ACC*.
Held at RFK Stadium on December 20, 2008,
the EagleBank Bowl between the U.S. Naval
Academy and Wake Forest University was
attended by nearly 30,000 people. This historic
event is the first time that the NCAA**
participated in a post-season bowl game in
Washington, D.C. The EagleBank Bowl
supports the Wounded EOD Warrior Foundation
as well as other local charities such as Positive
Choices, a D.C. based non-profit organization
that provides services to inner city youths. In
addition to its charitable efforts, the EagleBank
Bowl creates significant economic impact for
local restaurants, hotels, retailers, and
entertainment venues.
EagleBank held the fourth EagleBank
Foundation Fight Breast Cancer Golf Classic
on Monday, October 13, 2008 at Woodmont
County Club in Rockville, Maryland. With the
support of more than 30 companies and six
foundations, we exceeded our 2007 total and
raised over $112,000 to benefit local health
care facilities’ fight against breast cancer.
The EagleBank Bowl and the EagleBank
Foundation reflect our commitment to
corporate citizenship as an integral part of
community banking. So do the efforts of
EagleBank employees and directors who
regularly join customers, neighbors, and friends
in endeavors like the National Kidney
Foundation’s Annual Ronald D. Paul Kidney
Walk. Initiated by EagleBank’s Chairman
Ronald Paul in 2002 with approximately forty
walkers, the event grew to 650 participants in
2008. EagleBank as well as Bank employees
also devote time and resources to organiza-
tions such as Boys & Girls Clubs of Greater
Washington, Muscular Dystrophy Association,
Cystic Fibrosis Foundation, Children’s National
Medical Center, Society for Women’s Health
Research, and Arts for the Aging.
* Atlantic Coast Conference **National Collegiate Athletic Association
8
After a day of serving customers,
Commercial Real Estate and Loan
Officers depart EagleBank’s Bethesda
headquarters for an evening of
community service activities.
2
C O M M I T M E N T
to serve
3
C O N F I D E N C E
to succeed
Commercial Deposit Services
Officers arrive and work at the new
EagleBank branch at 1725 Eye Street
in Washington, D.C. These former
Fidelity & Trust banking experts join
EagleBank specialists to combine two
strong management teams.
0
“ With confidence and
commitment, we remain
dedicated to the local
accessibility, personalized
service, and corporate
citizenship that are the
hallmarks of our success. ”
C O N T I N U I N G to inspire confidence and
build relationships is EagleBank’s greatest
achievement.
It is a goal that carries us into our next decade
of service. It is also a promise that we fulfill
every day at every branch, every office, in every
meeting, and every time we answer the phone.
In 2009, we look forward to new opportunities
for growth as we increase market share and
build shareholder value. With thirteen branches
throughout the Washington, D.C. Metropolitan
area, we seek to strengthen and expand our
presence in key business districts. Increased
use of technology enables us to enhance our
service capabilities, as we streamline
operations and encourage use of online
banking products. As always, our support of
local businesses is complemented by charitable
efforts in our community.
Even as we continue to grow our assets and
expand our reach, we will never lose our
personal, proactive approach. Our ability to
anticipate and fulfill our customers’ needs
reflects our proven financial acumen and our
local market knowledge. Our accessibility to
key decision-makers including our Chairman,
Vice-Chairman, and directors, exemplifies our
focus on full-service relationship banking.
EagleBank’s dedication to our customers,
shareholders, and community extends to our
employees. We value their expertise, integrity,
and loyalty, and we are devoted to their
professional development and satisfaction.
With strength and a firm foundation, EagleBank
has grown large enough to meet all of our
customers’ banking needs. With confidence
and a continued commitment, we remain
dedicated to the local accessibility,
personalized service, and corporate citizenship
that are the hallmarks of our success.
EAGLEBANK MISSION STATEMENT
EagleBank is committed to providing quality
financial services and successful solutions that
consistently achieve a high degree of customer
satisfaction. We will distinguish our company from
other institutions in our ability to provide superior
service while creating stockholder value, building our
community, and encouraging the growth and well-
being of our people. We are dedicated to being the
leading community bank in our market, recognized
and respected for our banking knowledge, customer
service, business ethics, and corporate citizenship.
2
BOARD OF DIRECTORS
Ronald D. Paul *
Chairman and CEO of Eagle Bancorp, Inc.
Chairman and CEO of EagleBank
President of Ronald D. Paul Companies
Robert P. Pincus *
Vice-Chairman of Eagle Bancorp, Inc.
Vice-Chairman of EagleBank
Chairman of Blackstreet Capital Management,
LLC and Milestone Merchant Partners, LLC
Leonard L. Abel *
Former Chairman of Eagle Bancorp, Inc.
Financial Consultant
Retired Partner of Kershenbaum, Abel, Kernus
and Wychulis
Leslie M. Alperstein, Ph.D. **
Chief Executive Officer of Washington
Analysis, LLC
Arthur H. Blitz ***
Principal of Paley, Rothman, Goldstein,
Rosenberg, Eig & Cooper, Chartered, a
Bethesda law firm
Dudley C. Dworken *
Managing Partner, JDJ Investments, LLC
Steven L. Fanaroff ***
Vice President and Chief Financial Officer of
Magruder Holdings, Inc.
Harvey M. Goodman *
President of Goodman-Gable-Gould Company
Neal R. Gross *
Founder, Chairman and Chief Executive Officer
of Neal R. Gross & Company
Benson Klein ***
Principal of Ward & Klein, Chartered,
a Maryland-based law firm
Susan Lacz ***
Principal of Ridgewells Caterers
Bruce H. Lee ***
President of Lee Development Group
Philip N. Margolius *
Principal of the Margolius Law Firm
Norman R. Pozez *
Chairman of Uniwest Group, LLC
Thomas W. Roberson ***
Partner of Montouri & Roberson
Donald R. Rogers *
Principal of Shulman, Rogers, Gandal, Pordy
& Ecker, P.A., a Maryland law firm
James A. Soltesz, P.E. ***
President and Chief Executive Officer of
Loiederman Soltesz Associates, Inc.
Benjamin M. Soto, Esquire ***
Founder, President and Chief Executive Officer
of Premium Title & Escrow, LLC
Worthington H. Talcott, Jr. ***
Principal of Shulman, Rogers, Gandal, Pordy
& Ecker, P.A., a Maryland law firm
Leland M. Weinstein *
President of Syscom Services, Inc.
Eric H. West ***
Founding Principal of West, Lane & Schlager
Realty Advisors, LLC
* Director of EagleBank and Eagle Bancorp, Inc.
** Director of Eagle Bancorp, Inc. only
*** Director of EagleBank only
EXECUTIVE OFFICERS
Ronald D. Paul
Chairman/Chief Executive Officer
Thomas D. Murphy
President/EagleBank – Maryland
Barry C. Watkins
President/EagleBank – Washington, DC and Virginia
Michael T. Flynn
EVP/Chief Operating Officer of Eagle Bancorp, Inc.
Martha Foulon-Tonat
EVP/Chief Lending Officer
James H. Langmead
EVP/Chief Financial Officer
Susan G. Riel
EVP/Chief Operating Officer of EagleBank
Janice L. Williams
EVP/Chief Credit Officer
OFFICERS
Richard D. Corrigan
Joan Y. Pawloski
Horacio Chacon
President/Eagle Commercial Ventures, LLC
SVP/Loan Administration Manager
VP/Commercial Loan Officer II
Diane M. Begg
EVP/Controller
Cynthia A. Pehl
SVP/Chief Risk Officer
Robert R. Hoffmann
John B. Richardson
EVP/Chief Administrative Lending Officer
SVP/Commercial Lending Team Leader
Kim Ray
Susan J. Schumacher
James R. Chittock
VP/Market Manager
Terry L. Clarke
VP/Project Manager
Linda A. Dawkins
EVP/Senior Operating Officer
SVP/Commercial Deposit Services Manager
VP/Business Development Officer
J. Mercedes Alvarez
SVP/Director of Marketing
Terrence D. Weber
Michael L. Devito
SVP/Financial Reporting & Control Manager
VP/SBA Lender
Lawrence J. Bolton
Maria G. Acosta
SVP/Business Development Officer
VP/Business Development Officer
Joseph L. Clarke
Allan L. Acree
SVP/Branch Administration Manager
VP/Commercial Real Estate Loan Officer
Elizabeth A. Ferrenz
Jacqueline Ames
Juanita Douglas
VP/Market Manager
P. Lucas Flynn
VP/Credit Analyst II
Joan M. Grant
SVP/Director of Customer Service
VP/Business Development Officer
VP/Wire & Cash Room Manager
Susan O. Kooker
SVP/Director of Audit
Linda M. Lacy
John A. Bettini
Sharon A. Gray
VP/Commercial Loan Officer II
VP/Loan Operations Manager
Andrew S. Bridge
Stephen I. Greene
SVP/Information Technology Manager
VP/Business Development Officer
VP/Residential Mortgage Lending Manager
R. Frederick Marsden
Judy L. Callaway
Timothy D. Hamilton
SVP/Senior Consumer Loan Officer
VP/Deposit Operations Manager
VP/Commercial Loan Officer II
Thomas A. Mee
Michele Capone
Kai M. Hills
SVP/Senior Real Estate Loan Officer
VP/Workout, Recovery & Liquidation Officer
VP/Business Development Officer
Jackie Ho
VP/Credit Analyst II
Malcolm S. Karl, CAE
VP/Non-Profit Specialist
Deborah J. Keller
VP/Branch Manager
Scott S. Kinlaw
VP/Commercial Loan Officer II
Nancy N. Bravo
Jane E. Cornett
AVP/Deposit Operations Supervisor
Officer/Corporate Secretary
Michael A. Brooks
Robert C. Cortez
AVP/Credit Analyst & Portfolio Manager
Residential Mortgage Loan Officer
A. Lisa Bynum-Hinton
AVP/Branch Manager
Yulissa Guerra-Reyes
AVP/Branch Manager II
Shari Craig
Officer/Portfolio Manager
Yeshiwatshay M. Eldridge
Officer/Check Exceptions Manager
Susan M. Lewis
David Helfgott
Tsedenia Fikru
VP/Branch Operations Manager
AVP/Commercial Loan Officer
Officer/Loan Operations Supervisor
Matthew B. Leydig
Glenn M. Johnson
VP/Commercial Real Estate Loan Officer
AVP/Electronic Application Manager
Jodee Lichtenstein
Linda S. Licata
Susan W. Greulich
Training Officer
Robert B. Hill, III
VP/Workout, Recovery & Liquidation Officer
AVP/Branch Manager II
Senior Residential Mortgage Loan Officer
K. Russel Marsh
VP/Commercial Loan Officer
Ludwell L. Miller, III
VP/Compliance Director
Robin D. Powell
VP/Commercial Loan Officer
Christine M. Linford
Olga Jean-Claude
AVP/Employee Relations & Recruiting Manager
Officer/Assistant Branch Manager
Courtney W. Michel
AVP/Human Resources Officer
Barbara I. Millard
AVP/Branch Manager II
Rongbo Lu
Audit Officer
Patrick T. McCalley
Senior Residential Mortgage Loan Officer
Ryan A. Riel
Shan Mohamed
Marlyn M. Newton
VP/Commercial Real Estate Loan Officer
AVP/Business Development Officer
Officer/Assistant Corporate Secretary
Kenneth S. Scales
VP/Commercial Loan Officer II
Christopher D. Morgan
AVP/Commercial Loan Officer
Janette S. Shaw
VP/Marketing & Advertising Manager
Jenny A. Shtipelman
VP/Business Development Officer
Mardi S. Novik
AVP/Branch Manager
Claudia F. Oliver
AVP/Branch Manager
Stephen J. Reyda
Audit Officer
Ann-Marie Z. Robinson
Officer/Branch Manager
Lynne K. Shaer
Officer/Assistant Controller
Deborah C. Shumaker
Alexis Santin
Starla T. Shambourger
VP/Business Development Sales Manager
AVP/Cash Management Officer
Construction Loan Management Officer
Carisa D. Stanley
Constance J. Singleton
Brendon F. Shea
VP/Commercial Real Estate Loan Officer
AVP/Network & Applications Manager
Commercial Loan Officer
James R. Walker
Christie Washington
VP/Commercial Real Estate Loan Officer
AVP/Senior Portfolio Management Officer
Jane N. Willis
VP/Credit Analyst II
Rosalind S. Alexander
AVP/Branch Manager
Christine Andrukitis
AVP/Consumer Loan Officer
Rokas Beresniovas
AVP/Business Development Officer
Rita E. Watkins-Tillman
AVP/Branch Manager
Mehdi Baftechi
Officer/IT Project Manager
Michael S. Betton
Audit Officer
Carole V. Bousum
Audit Officer
Marshelle R. Taylor
Compliance Officer
Anthony Thomas, Jr.
Business Development Officer
Teresa V. Trinh
Officer/Portfolio Monitoring Specialist
David W. Wilhelm
Senior Residential Mortgage Loan Officer
Lisa Williams
Officer/Deposit Operations Administrator
CORPORATE INFORMATION
Annual Meeting
Annual Meeting
Bethesda Marriott
5151 Pooks Hill Road
Bethesda, MD 20814
Investor Relations
James H. Langmead
EVP and Chief Financial Officer
Eagle Bancorp, Inc.
7815 Woodmont Avenue
Thursday, May 21, 2009, at 10:00 a.m.
Bethesda, MD 20814
Form 10-K
240-497-1678
jlangmead@eaglebankcorp.com
The Company’s Form 10-K
www.eaglebankcorp.com
may be obtained, free of charge,
by contacting:
Jane E. Cornett
Corporate Secretary
EagleBank
7815 Woodmont Avenue
Bethesda, MD 20814
240-497-2041
jcornett@eaglebankcorp.com
www.eaglebankcorp.com
Stock Exchange Listing
Common shares of Eagle Bancorp are traded
on the NASDAQ Capital Market under the
symbol EGBN.
Transfer Agent and Registrar
Counsel
Kennedy & Baris, L.L.P.
4701 Sangamore Road
Suite P-15
Bethesda, MD 20816
Independent Accounting Firm
Stegman & Company
405 East Joppa Road
Suite 100
Baltimore, MD 21286
Member Federal Deposit Insurance Corporation
Equal Housing Lender
Member Federal Reserve System
Affirmative Action/Equal Opportunity Employer
Computershare Trust Company, N.A.
©2009 Eagle Bancorp, Inc.
P.O. Box 43078
Providence, RI 02940-3078
www.computershare.com
Corporate Headquarters
7815 Woodmont Avenue
Bethesda, MD 20814
240-497-2044
M A RY L A N D
V I RG I N I A
Bethesda
7815 Woodmont Avenue
Bethesda, MD 20814
T: 240-497-2044
F: 301-986-8529
Chevy Chase
15 Wisconsin Circle
Chevy Chase, MD 20815
T: 301-280-6800
F: 301-280-6810
Rockville
110 North Washington Street
Rockville, MD 20850
T: 301-738-9600
F: 301-738-1210
Rollins Avenue
130 Rollins Avenue
Rockville, MD 20852
T: 301-287-8500
F: 301-468-5601
Shady Grove
9600 Blackwell Road
Rockville, MD 20850
T: 301-762-3076
F: 301-762-2234
Silver Spring
8665-B Georgia Avenue
Silver Spring, MD 20910
T: 301-588-6700
F: 301-589-5064
Sligo Avenue
850 Sligo Avenue, Suite 100
Silver Spring, MD 20910
T: 301-960-0100
F: 301-587-2982
Tysons Corner
8601 Westwood Center Drive
Vienna, VA 22182
T: 703-485-8011
F: 703-356-4951
WA S H I N G TO N , D C
Dupont Circle
1228 Connecticut Avenue, NW
Washington, DC 20036
T: 202-466-3161
F: 202-466-4931
Eye Street
1725 Eye Street, NW
Washington, DC 20006
T: 202-292-1600
F: 202-292-1652
Georgetown
1044 Wisconsin Avenue, NW
Washington, DC 20007
T: 202-481-7025
F: 202-298-6575
K Street
2001 K Street, NW
Washington, DC 20006
T: 202-296-6886
F: 202-296-0212
McPherson Square
1425 K Street, NW
Washington, DC 20005
T: 202-408-8411
F: 202-408-8644
Coming Fall 2009
Park Potomac Branch
near Montrose Road and I-270
www.eaglebankcorp.com
EGBN-2008