EX-99.1 2 a15-5439_7ex99d1.htm EX-99.1

Exhibit 99.1

| Follow-on Offering of Common Shares 1,900,000 Shares March 2015 Ticker: EGBN www.eaglebankcorp.com

| 1 Forward Looking Statements This presentation contains forward looking statements within the meaning of the Securities and Exchange Act of 1934, as amended, including statements of goals, intentions, and expectations as to future trends, plans, events or results of Company operations and policies and regarding general economic conditions. In some cases, forward-looking statements can be identified by use of words such as “may,” “will,” “anticipates,” “believes,” “expects,” “plans,” “estimates,” “potential,” “continue,” “should,” and similar words or phrases. These statements are based upon current and anticipated economic conditions, nationally and in the Company’s market, interest rates and interest rate policy, competitive factors and other conditions, including those discussed under the caption “Risk Factors” in the Company’s Annual Report filed on Form 10-K for the year ended December 31, 2014 which by their nature, are not susceptible to accurate forecast and are subject to significant uncertainty. Because of these uncertainties and the assumptions on which this discussion and the forward-looking statements are based, actual future operations and results in the future may differ materially from those indicated herein. Readers are cautioned against placing undue reliance on any such forward-looking statements. The Company’s past results are not necessarily indicative of future performance. The Company does not undertake to publicly revise or update forward-looking statements in this presentation to reflect events or circumstances that arise after the date of this presentation, except as may be required under applicable law. Free Writing Prospectus Statement The Company has filed a registration statement (including a prospectus and a related prospectus supplement) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus and the prospectus supplement in that registration statement and other documents the Company has filed with the SEC for more complete information about the Company and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the Company, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Sandler O’Neill & Partners, L.P. toll free at (866) 805-4128.

| 2 Offering Terms Issuer: Eagle Bancorp, Inc. Type of Offering: Follow-on Public Offering Type of Security: Common Stock Ticker Symbol: EGBN Exchange: The NASDAQ Capital Market Shares Issued: 1,900,000 Common Shares Over-Allotment Option: 15% Use of Proceeds: General corporate purposes, including but not limited to: payment of the redemption price (including any accrued but unpaid dividends) to the date of redemption of the $71.9 million liquidation amount of EGBN’s outstanding Senior Perpetual Non-Cumulative Preferred Stock, Series B and C, issued to the U.S. Secretary of Treasury pursuant to the Small Business Lending Fund Program, prior to the dividend rate increasing to 9% in January 2016; and to support organic growth, de novo branching and opportunistic acquisitions. Sole Book-Running Manager: Sandler O'Neill + Partners, L.P.

| 3 Company Overview Eagle Bancorp, Inc. is a growth-oriented community bank headquartered in Bethesda, Maryland Focused on the Washington, DC metropolitan area, with 22 branches (1) Commercially-oriented business model with deep relationships of loans, core deposits and related products #1 in deposit market share among community banks headquartered in the Washington, DC metropolitan area Largest market capitalization of any community bank based in the Washington, DC metropolitan area Largest and most profitable bank headquartered and operating in the state of Maryland NOTE: (1) Ballston branch expected to close in 2015. Financial data at December 31, 2014. Deposit market share data as of June 30, 2014 has been adjusted for all merger and acquisition activity.

| 4 Investment Highlights Focused on Profitability and Balanced Financial Performance Strong Net Interest Margin = 4.44% Clean Asset Quality: NPAs/Assets = 0.68% Low Charge-Off History: NCOs/Average Loans = 0.17% Driven by Long-Term, Deep Customer Relationships Demonstrated Consistent Organic Growth Strategic Geographic Market Positioning Dedicated Board Focused on Vision Proven Ability to Evaluate and Execute Acquisitions NOTE: Financial data at or for the twelve months ended December 31, 2014.

| Experienced Senior Management Team Years Years in with Name Title/Function Banking EGBN Ronald D. Paul Chairman, President & CEO 28 17 Robert P. Pincus Vice Chairman 42 7 Susan G. Riel Sr. EVP & COO - EagleBank 39 17 James H. Langmead EVP & Chief Financial Officer - Eagle Bancorp & EagleBank 44 10 Laurence E. Bensignor EVP & General Counsel 5 5 Charles C. Brockett EVP & Director of Operations 26 1 Michael T. Flynn EVP & COO - Eagle Bancorp 44 11 Antonio F. Marquez EVP & Chief Real Estate Lending Officer 30 4 Steve Reeder EVP & Chief Deposit Officer 20 2 Lindsey S. Rheaume EVP & Chief C&I Lending Officer 30 1 Janice L. Williams EVP & Chief Credit Officer 21 12 5

| 6 Summary Statistics NOTE: Data at December 31, 2014 unless otherwise noted. (1) Please refer to the Non-GAAP reconciliation and footnotes in the appendices on pages 34 - 36. Total Assets: $5.2 billion Total Loans: $4.3 billion Total Deposits: $4.3 billion Tangible Common Equity: $439.0 million (1) Tangible Book Value per Common Share: $14.56 (1) Shares Outstanding: 30,139,396 SBLF Preferred: (1% Dividend Rate, until January, 2016) $71.9 million Market Capitalization (at close February 27, 2015): $1.12 billion Insider Ownership: 10.7% Institutional Ownership: 57% Member of Russell 2000 Yes

| EagleBank Branch Locations Bethesda Tyson's Corner Montgomery County Prince George’s County Fairfax County Loudoun County Washington, DC Reston Merrifield I-270 I-95 I-495 US 50 I-95 I-495 I-66 I-495 Branch System Virginia 10 Maryland 7 Washington, DC 5 Total 22 NOTE: Branch Totals as of December 31, 2014. Ballston Branch expected to close in 2015. Arlington Alexandria 7

| 8 Deposit Market Share NOTE: Washington, D.C. Metro Area defined as: MD- Montgomery and Prince George's; DC - Washington DC; VA - Arlington, Alexandria, Fairfax, Fairfax (City), Falls Church, Loudon, Prince William, Manassas, Manassas Park. Data excludes: E*Trade whose deposits are substantially from outside of the defined market area. SOURCE: FDIC, as of June 30, 2014 and adjusted for all merger and acquisition activity. (Dollars in thousands) Local June 30, June 30, 2014 Community 2013 2014 Annual Market Rank Banks Company Name Branches Balance Balance Growth Share 1 Wells Fargo & Co. 124 $21,404,970 $22,746,582 6.3% 16.8% 2 Bank of America Corp. 111 17,440,485 20,398,034 17.0% 15.1% 3 Capital One Financial Corp. 134 20,049,961 20,189,216 0.7% 14.9% 4 SunTrust Banks Inc. 118 13,896,473 14,844,169 6.8% 11.0% 75.2% 5 BB&T Corp. 108 8,638,808 9,159,238 6.0% 6.8% 6 PNC Financial Services Group Inc. 112 8,054,028 8,290,310 2.9% 6.1% 7 Citigroup Inc. 37 6,506,783 6,178,320 -5.0% 4.6% 8 1 Eagle Bancorp Inc. 22 3,633,920 4,164,327 14.6% 3.1% 9 United Bankshares Inc. 39 3,850,565 3,821,961 -0.7% 2.8% 10 HSBC Holdings Plc 12 3,270,777 3,334,324 0.8% 2.5% 11 M&T Bank Corp. 56 3,194,510 3,225,179 1.0% 2.4% 12 2 Cardinal Financial Corp. 27 2,189,683 2,213,272 1.1% 1.6% 13 3 Sandy Spring Bancorp Inc. 29 2,120,945 2,196,379 3.6% 1.6% 14 Toronto-Dominion Bank 36 1,754,303 2,173,212 23.9% 1.6% 15 4 Burke & Herbert Bank & Trust Co. 20 1,975,976 1,949,937 -1.3% 1.4% 16 5 WashingtonFirst Bankshares Inc. 14 1,023,329 1,094,151 6.9% 0.8% 17 Middleburg Financial Corp. 7 831,784 876,353 5.4% 0.6% 18 7 Bank of Georgetown 11 772,085 834,397 8.1% 0.6% 19 8 Access National Corp. 4 598,640 749,709 25.2% 0.6% 20 9 Congressional Bancshares Inc. 10 678,682 674,282 -0.6% 0.5% All Other Market Participants 111 6,285,670 6,288,862 0.1% 4.6% Market Total 1,142 $128,172,377 $135,402,214 5.6% 100.0% Washington, DC Metropolitan Area

| Performance vs. Peer Group NOTE: (1) Please refer to the Peer Group shown on page 31. Key ratios represent the Peer Group median value for the period shown. (2) Operating data includes adjustments to eliminate merger related expenses associated with the acquisition of Virginia Heritage Bank. (3) The Virginia Heritage Bank loan portfolio acquired was marked to fair value in accordance with purchase accounting rules. (4) Please refer to the Non-GAAP reconciliation and footnotes in the appendices on pages 32 - 34. EGBN Peer Group (1) Key Ratios (Years Ended December 31) 2012 2013 2014 2014 Net Interest Margin 4.32% 4.30% 4.44% 3.83% Efficiency Ratio 51.40% 49.90% 48.28% (2) 56.44% NPAs + 90 Days Past Due/Total Assets 1.06% 0.90% 0.68% 0.56% Allowance Loan Losses/Gross Loans 1.50% 1.39% 1.07% (3) 1.08% Reserve/NPLs (Coverage Ratio) 122.19% 165.66% 205.30% 125.30% Net Charge-Offs to Average Loans 0.37% 0.23% 0.17% 0.16% Tangible Common Equity/Tangible Assets (4) 8.50% 8.86% 8.54% 8.25% Return on Average Assets 1.18% 1.37% 1.40% (2) 1.22% Return on Average Common Equity 14.14% 14.60% 14.38% (2) 11.57% Earnings Per Share (Diluted) $1.46 $1.76 $2.08 (2) N/A 9

| Consistent Balance Sheet Growth $0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 $4,500 $5,000 $5,500 Millions of Dollars 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2 11Q3 11Q4 12Q1 12Q2 12Q3 12Q4 13Q1 13Q2 13Q3 13Q4 14Q1 14Q2 14Q3 14Q4 Total Assets (1) Please refer to the Peer Group shown on page 31. Compound annual growth rate calculated off Peer Group median values for the periods shown. (2) Q3 2011 excludes the “settlement deposit.” (2) 10

| $0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 $8,000 $9,000 $10,000 $11,000 $12,000 $13,000 $14,000 $15,000 Thousands of Dollars 09Q4 10Q1 10Q2 10Q3 10Q4 11Q1 11Q2 11Q3 11Q4 12Q1 12Q2 12Q3 12Q4 13Q1 13Q2 13Q3 13Q4 14Q1 14Q2 14Q3 14Q4 Net Income Available to Common TARP Dividend SBLF Dividend Consistent Net Income Growth (1) Please refer to the Peer Group shown on page 31. Compound annual growth rate calculated off Peer Group median values for the periods shown. $14,727 11

| Net Interest Margin NOTE: Please refer to the Peer Group shown on page 31. Represent Peer Group median values for the periods shown. 4.09% 3.99% 4.32% 4.30% 4.44% 4.00% 3.87% 3.86% 3.80% 3.83% 3.40% 3.60% 3.80% 4.00% 4.20% 4.40% 4.60% 2010 2011 2012 2013 2014 EGBN Peer Group 12

| Yields and Cost of Funds NOTE: Please refer to the Peer Group shown on page 31. Represent Peer Group median values for the periods shown. SOURCE: SNL Financial 5.15% 4.80% 4.81% 4.67% 4.77% 5.06% 4.78% 4.43% 4.25% 4.10% 2.00% 2.50% 3.00% 3.50% 4.00% 4.50% 5.00% 5.50% 2010 2011 2012 2013 2014 Yield on Average Earning Assets EGBN Peer Group 1.06% 0.81% 0.49% 0.37% 0.33% 1.23% 0.91% 0.62% 0.46% 0.41% 0.00% 0.25% 0.50% 0.75% 1.00% 1.25% 1.50% 2010 2011 2012 2013 2014 Cost of Funds EGBN Peer Group 13 5.87% 5.80% 5.68% 5.51% 5.37% 5.79% 5.66% 5.32% 5.00% 4.91% 4.40% 4.60% 4.80% 5.00% 5.20% 5.40% 5.60% 5.80% 6.00% 2010 2011 2012 2013 2014 Yield on Loans EGBN Peer Group

| Earnings per Share $0.70 $1.04 $1.46 $1.76 $1.95 $0.00 $0.50 $1.00 $1.50 $2.00 $2.50 2010 2011 2012 2013 2014 EPS (Reported) EPS (Operating) $2.08 NOTE: For Operating EPS in 2014, please refer to the Non-GAAP reconciliation and footnotes in the appendices on pages 33 - 34. 14

| Tangible Book Value per Share $8.21 $9.38 $11.47 $12.89 $14.56 $0.00 $2.00 $4.00 $6.00 $8.00 $10.00 $12.00 $14.00 $16.00 2010 2011 2012 2013 2014 NOTE: Please refer to the Non-GAAP reconciliation and footnotes in the appendices on pages 32 - 34. 15

| $0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 Revenue ($000s) Non-Int Expense ($000s) Consistent Increases in Operating Leverage NOTE: Please refer to the Non-GAAP reconciliation and footnotes in the appendices on pages 33 - 34. Data for Q2, Q3, Q4 2014 are shown on an operating basis, net of merger related expenses. 16

| Consistently Improving Efficiency Ratio Note: Please refer to the Peer Group shown on page 31. Represent Peer Group median values for the periods shown. (1) See Non-GAAP reconciliation on pages 33 - 34. Source: SNL Financial 59% 56% 51% 50% 48% 59% 57% 60% 59% 56% 40% 45% 50% 55% 60% 65% 2010 2011 2012 2013 2014 (1) EGBN Peer Group 17

| 18 Moderate Interest Rate Risk Position Source: FTN Quarterly IRR Report (1) Note that net interest margin numbers are being shown net of deferred fees and costs. Both assets and liabilities remain short with repricing durations at 27 months on loans and 34 months on deposits Largely as a result of the floors on loans, a 100 bps shock increase would decrease Net Interest Income by about $4.4 million or -2.2% on a static balance sheet over a 12 month period Interest Rate Risk Indicators and Trends Dec. 2013 Mar. 2014 Jun. 2014 Sep. 2014 Dec. 2014 Repricing Duration of Assets and Liabilities (months) Investments 50 50 49 49 49 Loans 26 26 26 26 27 Deposits 32 32 33 33 34 Borrowings 16 17 17 43 30 Interest Rate Shock Analysis SHORT TERM EFFECTS (dollars in thousands) Net Interest Income - Flat balance Sheet 146,422 $ 150,320 $ 160,149 $ 163,756 $ 202,091 $ Net Interest Income - + 100 basis point shock 143,418 $ 146,451 $ 155,518 $ 160,097 $ 197,675 $ Percentage Change -2.1% -2.6% -2.9% -2.2% -2.2% Net Interest Income - + 200 basis point shock 144,773 $ 147,301 $ 156,090 $ 161,663 $ 199,613 $ Percentage Change -1.1% -2.0% -2.5% -1.3% -1.2% Net Interest Income - + 300 basis point shock 148,470 $ 150,319 $ 158,846 $ 165,031 $ 203,701 $ Percentage Change 1.4% 0.0% -0.8% 0.8% 0.8% Net Interest Income - + 400 basis point shock 152,069 $ 153,261 $ 161,283 $ 168,060 $ 207,441 $ Percentage Change 3.9% 2.0% 0.7% 2.6% 2.6% Net Interest Income - - 100 basis point shock 141,639 $ 146,060 $ 155,965 $ 159,402 $ 200,680 $ Percentage Change -3.3% -2.8% -2.6% -2.7% -0.7% Net Interest Income - - 200 basis point shock 137,192 $ 142,002 $ 152,313 $ 155,134 $ 196,217 $ Percentage Change -6.3% -5.5% -4.9% -5.3% -2.9%

| (1) Core deposits include CDAR’s and ICS reciprocal deposits. Commercial focus drives growth of Noninterest Bearing Demand accounts Wholesale Deposits used to enhance favorable cost of funds, not a strategy to replace growth in core deposits Deposit Composition and Growth (Dollar Values in Thousands) Annual Growth Rate % of % of Organic Total Deposit Type Balance Total Balance Total % % Noninterest Bearing $849,408 26.3% $1,175,799 27.3% 22.4% 38.4% Interest Bearing Transaction 118,580 3.7% 143,628 3.3% 16.1% 21.1% Core Savings & Money Market (1) 1,591,471 49.3% 1,994,480 46.3% 20.6% 25.3% Core CD's (1) 255,580 7.9% 501,743 11.6% (11.7%) 96.3% Wholesale Money Market 219,617 6.8% 308,119 7.2% 1.9% 40.3% Wholesale CD's 190,756 5.9% 186,997 4.3% (43.2%) (2.0%) Total Deposits $3,225,414 100.0% $4,310,768 100.0% 13.3% 33.7% As of December 31, 2013 As of December 31, 2014 19

| Balanced Loan and Deposit Growth $0.0 $0.5 $1.0 $1.5 $2.0 $2.5 $3.0 $3.5 $4.0 $4.5 $ in Billions Total Loans Total Deposits 20 (1) Q3 2011 excludes the “settlement deposit.”

| Detail of Loan Portfolio NOTE: At December 31, 2014 Concentration in quality markets: Washington, DC, Montgomery County, Fairfax County Held for Sale residential mortgages not included (Dollar Values in Thousands) County C&I Owner Occupied CRE Owner Occupied Const. Income Producing CRE Construction Land Residential Mortgage Home Equity Other Consumer TOTAL % of Total Maryland Montgomery $290,738 $73,984 $11,712 $157,728 $121,465 $21,998 $46,629 $59,278 $9,775 $793,307 18.4% Prince George's 60,843 38,688 441 173,570 29,345 5,841 1,386 2,297 8,592 321,003 7.4% Other MD 52,814 32,719 4,414 326,174 64,785 31,849 14,569 6,902 11,354 545,580 12.7% Washington, DC 238,004 125,483 16,089 556,046 244,592 31,624 47,750 22,808 3,559 1,285,955 29.8% Virginia Alexandria 16,440 8,158 - 26,534 17,006 - 833 2,255 2,489 73,715 1.7% Arlington 17,785 527 - 26,664 32,229 - 1,258 2,132 1,698 82,293 1.9% Fairfax 135,620 65,871 11,482 179,775 80,150 22,566 14,852 16,101 16,244 542,661 12.6% Loudoun 36,969 43,061 - 20,893 21,020 - 2,690 4,101 10,875 139,609 3.2% Prince William 12,552 16,926 606 74,822 3,443 5,696 282 1,704 9,621 125,652 2.9% Other VA 18,727 47,456 13,288 92,641 33,080 12,163 1,718 2,671 31,787 253,531 5.9% Other USA 35,734 8,708 - 68,324 7,898 6,683 16,051 2,287 3,408 149,093 3.5% Total $916,226 $461,581 $58,032 $1,703,171 $655,013 $138,420 $148,018 $122,536 $109,402 $4,312,399 100.0% % of Total 21.2% 10.7% 1.3% 39.7% 15.2% 3.2% 3.4% 2.8% 2.5% 100.0% 21

| CRE Risk Management Executive & Board Level Oversight of Approval Process Disciplined Underwriting Proactive Portfolio Management Quarterly Stress Testing of Portfolio Quarterly Independent Credit Review Dedicated Special Assets Team 22

| Credit Quality Trends (1) The Virginia Heritage Bank loan portfolio acquired was marked to fair value in accordance with purchase accounting. (Dollars Values in Thousands) At or for the Year Ended December 31, 2010 2011 2012 2013 2014 Gross Loans $1,675,500 $2,056,256 $2,493,095 $2,945,158 $4,312,399 30-89 Days Past Due $33,591 $28,131 $19,927 $17,143 $15,771 Nonperforming Assets: Nonaccrual $25,287 $32,794 $30,684 $24,702 $22,443 90 or More Days Past Due - - - - - Total Nonperforming Loans (NPLs) $25,287 $32,794 $30,684 $24,702 $22,443 Other Real Estate Owned (OREO) 6,701 3,225 5,299 9,225 13,224 Total Nonperforming Assets $31,988 $36,019 $35,983 $33,927 $35,667 Performing Restructured Loans (TDRs) $4,432 $13,873 $15,313 $7,944 $13,502 NPAs/Assets 1.53% 1.27% 1.06% 0.90% 0.68% NPAs+TDRs/Assets 1.74% 1.76% 1.50% 1.11% 0.94% Reserves $24,754 $29,653 $37,492 $40,921 $46,075 Reserves/Loans 1.48% 1.44% 1.50% 1.39% 1.07% (1) Reserves/NPLs (Coverage Ratio) 97.89% 90.42% 122.19% 165.66% 205.30% Charge-Offs $5,173 $6,084 $8,351 $6,173 $5,725 NCOs/Average Loans 0.35% 0.32% 0.37% 0.23% 0.17% 23

| Consistent Asset Quality Total Loans ($mms) 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% 18.0% 20.0% $0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 $4,500 Dec - 10 Mar- 11 Jun- 11 Sep- 11 Dec - 11 Mar- 12 Jun- 12 Sep- 12 Dec- 12 Mar- 13 Jun- 13 Sep- 13 Dec- 13 Mar- 14 Jun- 14 Sep- 14 Dec- 14 Total Loans ($) NPA's (%) Charge Offs (%) Net Charge-Off History for the periods ended December 31, 2014 EGBN EGBN Loan Type 2 Year Avg. 3 Year Avg. Income Producing CRE 0.03% 0.06% Owner Occupied CRE 0.11% 0.12% Construction and Land 0.34% 0.41% Commercial & Industrial 0.42% 0.48% (Dollar Values in Thousands) Loan NPAs/ Average Year Growth Assets Charge-Offs 2009 $133,671 1.50% 0.42% 2010 $276,189 1.53% 0.35% 2011 $380,756 1.27% 0.32% 2012 $436,839 1.06% 0.37% 2013 $452,063 0.90% 0.23% 2014 $1,367,241 0.68% 0.17% 24

| Capital Strength $70 million of 10 Year non-call 5.75% Subordinated Notes sold in August 2014 $10 million of Common Equity raised through an underwritten offering in October 2012 $35 million of Common Equity raised through an At the Market Offering during May through October 2012 $55 million of Common Equity raised in September, 2009, $15 million of TARP funds repaid in December 2009. $15.3 million of SBLF Preferred Stock assumed in October 2014 $56.6 million of SBLF Preferred Stock placed in July 2011, $23.2 million of TARP funds repaid at that time. Net addition to Tier 1 capital was $33.3 million. Dividend Rate is 1.0% (1) This constitutes a non-GAAP financial measure. Please refer to the Non-GAAP reconciliation in the appendices on pages 32 - 34. 25 (Dollars Values in Thousands) December 31, 2010 2011 2012 2013 2014 Total Assets $2,089,370 $2,831,255 $3,409,441 $3,771,503 $5,247,880 Total Stockholders Equity $204,716 $266,711 $349,976 $393,863 $620,759 Total Common Stockholders Equity $182,134 $210,111 $293,376 $337,263 $548,859 Tier 1 Leverage Ratio 9.32% 8.21% 10.44% 10.93% 10.69% Tangible Common Equity Ratio (1) 8.53% 7.29% 8.50% 8.86% 8.54% Tier 1 Risk Based Capital Ratio 9.91% 10.33% 10.80% 11.53% 10.39% Total Risk Based Capital Ratio 11.64% 11.84% 12.20% 13.01% 12.97% Tangible Book Value Per Share $8.21 $9.38 $11.47 $12.89 $14.56

| Key Success Factors Building and maintaining core relationships o Cross sales o Focus on key customers Maintenance of strong credit culture o Conservative underwriting criteria and loan policies o Disciplined committee approval and review process o Periodic loan and portfolio stress testing o Proactive identification and resolution of problem credits Built and preserved a strong capital position and balance sheet o Seven capital raising events since August 2008 o 24 consecutive quarters of increasing profitability (since January 1, 2009) have consistently bolstered the capital position 26

| Key Success Factors (continued) Disciplined ALCO process Maintained focus on areas of strength o Concentration on core geographic markets and products Built the proper infrastructure to support the increased volume of business and regulation Comprehensive Management and Board level reporting Human Resources o Recruiting of strong, seasoned bankers with local market knowledge and experience o Well designed, incentive based compensation plans o Stability of staff, low average turnover rate 27

| EagleBank Growth Strategy Continue Integration of Virginia Heritage Bank Acquisition Profitability • Pricing discipline to sustain Net Interest Margin • Diligent expense control to maintain Efficiency Ratio Maintain Credit Quality Emphasis on Organic Growth • Only 3.1% deposit market share in DC Metro Area after Virginia Heritage Bank acquisition • Significant opportunities to expand relationships, particularly in Northern Virginia • Attract new relationships and develop cross sell opportunities Improve Growth of Noninterest Income Components of Revenue • SBA guaranteed loans, residential mortgage origination, treasury management services, insurance 28

| 50.00 100.00 150.00 200.00 250.00 300.00 350.00 400.00 2/27/2010 2/27/2011 2/27/2012 2/26/2013 2/26/2014 2/26/2015 Total Return Performance Eagle Bancorp, Inc. NASDAQ Bank Index NASDAQ Stock Market Index - (U.S. Companies) S&P 500 Stock Price Performance 1 Year 3 Year 5 Year EGBN 8.5% 149.5% 249.0% NASDAQ Bank Stock Index 2.2% 49.7% 48.9% NASDAQ Stock Market Index 14.9% 67.5% 121.8% S & P 500 Index 13.5% 54.1% 90.5% EGBN Stock Price Performance SOURCE: SNL Financial, Chart and calculations as of close of trading on February 27, 2015 29 2/27/2015

| Appendices 30

| Peer Group NOTE: Peer Group includes all publicly-traded banks Nationwide with $2.5 billion to $7.5 billion in assets that trade at 200% of tangible book value or higher. Prior quarter or prior quarter LTM used when current data is unavailable. (1) Nonperforming assets are defined as nonaccrual loans, real estate owned and repossessed assets as a percent of total assets. SOURCE: SNL Financial Financial Data as of or for the Period Ending December 31, 2014 Capital Position LTM Profitability Asset Quality Valuation Pricing Data as of February 24, 2015 Price/ Total Net LLR/ NPAs¹/ NCOs/ Tang. 2015 2016 Current LTM Total TCE/ Leverage RBC Interest Efficiency Gross LLR/ Total Avg. Book LTM Est. Est. Dividend Dividend Market Assets TA Ratio Ratio ROAA ROACE Margin Ratio Loans NPLs Assets Loans Value EPS EPS EPS Yield Ratio Value Company City, State Ticker ($mm) (%) (%) (%) (%) (%) (%) (%) (%) (%) (%) (%) (%) (x) (x) (x) (%) (%) ($mm) Community Bank System Inc. De Witt, NY CBU 7,489 8.46 9.96 18.14 1.23 9.7 3.91 57.9 1.07 183.1 0.30 0.15 228 16.0 16.1 15.6 3.4 52.3 1,449 Sterling Bancorp Montebello, NY STL 7,425 7.76 8.21 11.10 0.83 6.2 3.75 56.5 0.87 60.4 0.70 0.16 213 20.0 14.8 13.1 2.0 40.6 1,255 Home BancShares Inc. Conway, AR HOMB 7,403 9.48 10.22 13.39 1.63 12.3 5.37 41.2 1.09 106.6 0.56 0.19 322 18.8 15.9 14.8 1.6 20.6 2,154 CVB Financial Corp. Ontario, CA CVBF 7,378 10.97 10.71 18.52 1.45 12.5 3.62 43.9 1.57 69.5 0.51 (0.02) 207 16.0 15.7 14.9 2.6 40.8 1,659 Park National Corp. Newark, OH PRK 7,003 9.04 9.44 15.76 1.22 12.3 3.55 64.2 1.13 46.6 1.76 (0.05) 212 15.8 16.4 15.7 4.4 68.9 1,329 Boston Private Financial Boston, MA BPFH 6,798 7.63 9.50 14.50 1.11 10.4 2.98 68.1 1.44 129.4 0.66 (0.11) 223 15.8 15.2 13.9 2.9 40.5 1,035 Bank of the Ozarks Inc. Little Rock, AR OZRK 6,766 12.05 12.97 13.03 2.01 15.1 5.52 40.2 1.03 227.8 0.56 0.15 362 23.9 18.5 15.8 1.4 30.9 3,145 Independent Bank Corp. Rockland, MA INDB 6,365 7.44 8.84 12.47 0.95 9.7 3.45 63.0 1.11 83.3 0.60 0.17 218 16.8 15.7 14.3 2.3 38.6 1,089 WesBanco Inc. Wheeling, WV WSBC 6,297 7.84 9.88 14.81 1.12 9.0 3.61 59.4 1.09 92.2 0.70 0.23 205 13.8 13.3 12.1 2.8 36.8 1,282 Pinnacle Financial Partners Nashville, TN PNFP 6,018 9.64 11.30 13.40 1.24 9.2 3.75 54.7 1.46 268.2 0.47 0.10 261 20.3 16.8 14.8 1.2 15.9 1,457 First Financial Bankshares Abilene, TX FFIN 5,848 10.19 9.89 17.16 1.65 14.0 4.20 48.4 1.25 180.3 0.36 0.06 294 19.4 17.8 16.5 2.1 39.6 1,725 Renasant Corp. Tupelo, MS RNST 5,805 7.52 9.53 13.54 1.02 8.6 4.12 63.8 1.05 121.6 0.83 0.31 217 15.2 13.6 11.7 2.4 36.2 899 Tompkins Financial Corporation Ithaca, NY TMP 5,270 7.68 8.75 13.60 1.03 10.8 3.57 64.2 0.85 129.0 0.53 0.04 207 15.3 15.2 14.7 3.2 46.6 792 BofI Holding Inc. San Diego, CA BOFI 5,195 8.57 8.84 15.71 1.56 18.2 3.93 34.4 0.52 65.5 0.69 0.03 306 19.9 17.9 13.9 NA 0.0 1,372 Westamerica Bancorp. San Rafael, CA WABC 5,036 7.97 8.12 14.54 1.22 11.6 3.70 50.2 1.85 136.9 0.47 0.17 286 18.7 19.0 18.4 3.5 65.5 1,116 S&T Bancorp Inc. Indiana, PA STBA 4,965 9.04 9.80 14.27 1.22 9.7 3.50 58.3 1.24 96.9 0.25 0.00 202 14.9 15.2 12.7 2.5 34.9 863 Simmons First National Corp. Pine Bluff, AR SFNC 4,643 7.77 8.77 14.50 0.80 8.1 4.47 69.9 1.09 210.1 1.23 0.24 205 19.1 13.0 11.8 2.3 41.7 728 Independent Bk Group Inc. McKinney, TX IBTX 4,133 7.07 8.15 12.59 0.87 6.9 4.19 56.4 0.58 201.0 0.17 0.03 225 19.7 13.8 11.5 0.9 13.0 620 ServisFirst Bancshares Inc. Birmingham, AL SFBS 4,099 8.95 9.91 13.38 1.39 16.2 3.68 40.6 1.06 204.5 0.39 0.17 212 15.0 13.9 11.9 0.6 7.2 780 Ameris Bancorp Moultrie, GA ABCB 4,038 7.42 8.97 13.44 1.03 11.7 4.59 67.8 0.72 38.5 2.17 0.25 239 18.0 13.5 10.5 0.8 10.3 843 Washington Trust Bancorp Inc. Westerly, RI WASH 3,587 8.04 9.14 12.56 1.23 11.9 3.28 57.7 0.96 100.2 0.48 0.07 223 15.7 14.3 13.6 3.4 50.6 633 City Holding Co. Charleston, WV CHCO 3,461 9.37 9.91 14.21 1.56 13.2 3.98 53.2 0.76 52.7 0.68 0.17 220 13.7 14.2 14.0 3.5 47.3 700 Southside Bancshares Inc.² Tyler, TX SBSI 3,368 8.04 10.15 21.73 1.07 13.7 3.92 52.4 0.91 147.9 0.16 1.48 209 15.2 15.9 13.1 3.1 47.3 718 Square 1 Financial Inc. Durham, NC SQBK 3,095 9.77 9.71 14.95 1.25 12.7 4.06 49.6 1.70 193.4 0.56 0.68 250 22.2 21.0 18.1 NA 0.0 668 High 7,489 12.05 12.97 21.73 2.01 18.2 5.52 69.9 1.85 268.2 2.17 1.48 362 23.9 21.0 18.4 4.4 68.9 3,145 Low 3,095 7.07 8.12 11.10 0.80 6.2 2.98 34.4 0.52 38.5 0.16 (0.11) 202 13.7 13.0 10.5 0.6 0.0 620 Mean 5,478 8.65 9.61 14.64 1.24 11.4 3.95 54.8 1.10 131.1 0.66 0.19 240 17.5 15.7 14.1 2.4 34.4 1,180 Median 5,537 8.25 9.62 14.24 1.22 11.6 3.83 56.4 1.08 125.3 0.56 0.16 222 16.4 15.5 13.9 2.4 39.1 1,062 Eagle Bancorp Inc Bethesda, MD EGBN 5,248 8.54 10.69 12.97 1.40 14.4 4.44 48.3 1.07 205.3 0.68 0.17 249 18.6 15.2 13.7 0.0 0.0 1,095 Ranking out of 25: 14 12 4 21 7 4 5 6 14 4 18 14 8 11 14 15 23 23 12 31

| Non-GAAP Reconciliation (Dollar Values in Thousands, except per share data) December 31, 2010 2011 2012 2013 2014 Common stockholders' equity 182,134 $ 210,111 $ 293,376 $ 337,263 $ 548,859 $ Less: Intangible assets (4,188) (4,145) (3,785) (3,510) (109,908) Tangible common equity 177,946 $ 205,966 $ 289,591 $ 333,753 $ 438,951 $ Book value per common share 8.41 $ 9.57 $ 11.62 $ 13.03 $ 18.21 $ Less: Intangible book value per common share (0.20) (0.19) (0.15) (0.14) (3.65) Tangible book value per common share 8.21 $ 9.38 $ 11.47 $ 12.89 $ 14.56 $ Total assets 2,089,370 $ 2,831,255 $ 3,409,441 $ 3,771,503 $ 5,247,880 $ Less: Intangible assets (4,188) (4,145) (3,785) (3,510) (109,908) Tangible assets 2,085,182 $ 2,827,110 $ 3,405,656 $ 3,767,993 $ 5,137,972 $ Tangible common equity/Tangible Assets 8.53% 7.29% 8.50% 8.86% 8.54% 32

| GAAP Reconciliation (Unaudited) (dollars in thousands except per share data) Twelve Months Ended Three Months Ended December 31, 2014 December 31, 2014 Net income 54,258 $ 14,727 $ Adjustments to net income Merger-related expenses, net of tax 3,472 2,173 Operating net income 57,730 $ 16,900 $ Net income available to common shareholders 53,644 $ 14,547 $ Adjustments to net income available to common shareholders Merger-related expenses, net of tax 3,472 2,173 Operating earnings 57,116 $ 16,720 $ Earnings per weighted average common share, basic 2.01 $ 0.51 $ Adjustments to earnings per weighted average common share, basic Merger-related expenses, net of tax 0.13 0.08 Operating earnings per weighted average common share, basic 2.14 $ 0.59 $ Earnings per weighted average common share, diluted 1.95 $ 0.49 $ Adjustments to earnings per weighted average common share, diluted Merger-related expenses, net of tax 0.13 0.07 Operating earnings per weighted average common share, diluted 2.08 $ 0.56 $ Summary Operating Results: Noninterest expense 99,728 $ 29,352 $ Merger-related expenses 4,699 3,239 Adjusted noninterest expense 95,029 $ 26,113 $ Adjusted efficiency ratio 48.28% 45.71% Adjusted noninterest expense as a % of average assets 2.30% 2.14% Return on average assets Net income 54,258 $ 14,727 $ Adjustments to net income Merger-related expenses, net of tax 3,472 2,173 Operating net income 57,730 $ 16,900 $ Adjusted return on average assets 1.40% 1.38% Return on average common equity Net income available to common shareholders 53,644 $ 14,547 $ Adjustments to net income available to common shareholders Merger-related expenses, net of tax 3,472 2,173 Operating earnings 57,116 $ 16,720 $ Adjusted return on average common equity 14.38% 13.43% Non-GAAP Reconciliation 33

| (2) Tangible common equity to tangible assets (the "tangible common equity ratio") and tangible book value per common share are non-GAAP financial measures derived from GAAP-based amounts. The Company calculates the tangible common equity ratio by excluding the balance of intangible assets from common shareholders' equity and dividing by tangible assets. The Company calculates tangible book value per common share by dividing tangible common equity by common shares outstanding, as compared to book value per common share, which the Company calculates by dividing common shareholders' equity by common shares outstanding. The Company considers this information important to shareholders' as tangible equity is a measure that is consistent with the calculation of capital for bank regulatory purposes, which excludes intangible assets from the calculation of risk based ratios and as such is useful for investors, regulators, management and others to evaluate capital adequacy and to compare against other financial institutions. (1) The reported figure includes the effect of $4.7 million and $3.2 million of merger related expenses ($3.5 million and $2.2 million net of tax) for the twelve and three months ended December 31, 2014. As the magnitude of the merger expenses distorts the operational results of the Company, we present in the GAAP reconciliation below and in the accompanying text certain performance ratios excluding the effect of the merger expenses during the twelve and three months periods ended December 31, 2014. We believe this information is important to enable shareholders and other interested parties to assess the core operational performance of the Company. Non-GAAP Reconciliation Footnotes 34

| 35 Market Information –Washington, DC MSA Population 6.2 Million 5th largest market in the U.S. Employment 3.1 Million 18,900 new jobs created in last year Employment growth driven by private sector, 179,000 new private sector jobs over last four years Unemployment rate of 4.5% vs. US average of 5.4% (Dec. 2014) Gross Regional Product (GRP) $449 Billion 5th largest regional economy in the U.S. 24.0% growth in GRP over the last 9 years Federal Government Spending is 30.0% of GRP Highest median household income of any major U.S. market SOURCE: Greater Washington Board of Trade 2013 Regional Report, Center for Regional Analysis, George Mason University

| 36 Other 8.9% Non-Local Business 10.6% Associations 2.2% Hospitality 3.6% International 4.9% Other Federal 13.7% Federal Procurement 16.3% Local Business 39.9% Greater Washington Economy NOTE: Other includes Health Care/Education and Media SOURCE: The Wall Street Journal, George Mason University - Center for Regional Analysis Total Federal Spending = 30% of GRP GRP Contribution by Sub-market Gross Regional Product $449 Billion Suburban Maryland 28.0% District of Columbia 24.0% Northern Virginia 48.0%

| Loan Portfolio and Growth (Dollar Values in Thousands) Annual Growth % of % of Organic Total Loan Portfolio by Type Balance Total Balance Total Growth Growth Commercial and Industrial $694,350 23.6% $916,226 21.2% $143,174 $221,876 Owner Occupied 317,491 10.8% 461,581 10.7% 114,676 144,090 Owner Occupied-Const. 34,659 1.2% 58,032 1.3% 12,414 23,373 Sub-total Owner Occupied 352,150 12.0% 519,613 12.0% 127,090 167,463 Income Producing CRE 1,119,800 38.0% 1,703,171 39.5% 177,258 583,371 Construction 413,268 14.0% 655,013 15.2% 129,402 241,745 Land 160,899 5.5% 138,420 3.2% (43,972) (22,479) Sub-total Land and Construction 574,167 19.5% 793,433 18.4% 85,430 219,266 Residential Mortgage 90,418 3.1% 148,018 3.4% 41,540 57,600 Home Equity 110,242 3.7% 122,536 2.8% (1,618) 12,294 Other Consumer 4,031 0.1% 109,402 2.5% (4,031) 105,371 Gross Loans $2,945,158 100.0% $4,312,399 100.0% $568,843 $1,367,241 Growth (%) 19.3% 46.4% As of December 31, 2013 As of December 31, 2014 37

| Geographic Detail - Income Producing CRE NOTE: At December 31, 2014 Focus in core sub-markets: Washington, DC, Montgomery County, Fairfax County (Dollar Values in Thousands) Single Redevel./ Office Multi- & 1-4 Mixed County Retail Condo Fami ly Family Use Hotel Industrial Other TOTAL Maryland Montgomery $39,697 $28,693 $3,045 $23,243 $36,796 $0 $3,400 $22,854 $157,728 Prince George's 41,362 27,697 15,795 10,539 9,853 19,221 27,306 21,797 173,570 Other MD 121,719 47,549 24,988 18,846 16,345 42,013 19,124 35,590 326,174 Washington, DC 77,103 64,762 163,438 57,947 22,722 33,128 2,105 134,841 556,046 Virginia Alexandria $3,898 $12,740 $0 $1,403 $1,856 $0 $6,637 $0 $26,534 Arlington 425 1,843 7,017 6,830 6,943 0 0 3,606 26,664 Fairfax 46,901 72,871 1,037 17,759 1,755 0 918 38,534 179,775 Loudoun 6,482 1,456 0 2,375 0 0 404 10,176 20,893 Prince William 26,111 11,426 0 661 9,041 0 3,099 24,484 74,822 Other VA 33,685 16,808 14,118 6,248 5,157 2,226 0 14,399 92,641 Other USA 17,169 13,423 0 9,038 303 8,407 2,279 17,705 68,324 Total $414,552 $299,268 $229,438 $154,889 $110,771 $104,995 $65,272 $323,986 $1,703,171 % of Total 24.3% 17.6% 13.5% 9.1% 6.5% 6.2% 3.8% 19.0% 100.0% 38

| Geographic Detail – Construction NOTE: At December 31, 2014 Focus in core sub-markets: Washington, DC, Montgomery County, Fairfax County Recognized expertise in Single Family and Condo construction lending Portfolio is diversified among collateral types (Dollar Values in Thousands) Single & 1-4 Multi- Residential Redevel./ Mixed County Family Office Family Condo Retail Use Hotel Other TOTAL Maryland Montgomery $45,410 $56,295 $0 $3,125 $0 $0 $12,505 $4,130 $121,465 Prince George's 1,809 10,500 0 0 7,978 0 0 9,058 29,345 Other MD 5,442 0 13,127 0 6,389 1,648 27,531 10,648 64,785 Washington, DC 56,721 3,788 73,110 51,063 17,630 34,674 0 7,606 244,592 Virginia Alexandria 5,029 0 0 0 11,977 0 0 0 17,006 Arlington 25,603 0 0 6,626 0 0 0 0 32,229 Fairfax 50,400 21,226 0 0 532 4,500 0 3,492 80,150 Loudoun 3,615 10,375 0 0 4,645 2,385 0 0 21,020 Prince William 999 2,444 0 0 0 0 0 0 3,443 Other VA 2,994 11,472 935 1,402 442 0 0 15,835 33,080 Other USA 6,121 0 335 0 959 483 0 0 7,898 Total $204,143 $116,100 $87,507 $62,216 $50,552 $43,690 $40,036 $50,769 $655,013 % of Total 31.2% 17.7% 13.4% 9.5% 7.7% 6.7% 6.1% 7.8% 100.0% 39

| Loan Portfolio by Risk Rating Periodic review of loan portfolio and risk ratings by independent, third-party credit review firm (Dollar Values in Thousands) Loan Portfolio as of: % of % of Risk Rating Balance Loans Balance Loans 1000 - Prime $2,447 0.1% $14,803 0.3% 2000 - Excellent 239,914 8.1% 270,980 6.3% 3000 - Good 1,222,103 41.5% 1,557,055 36.1% 4000 - Acceptable 1,000,354 34.0% 1,694,386 39.3% 5000 - Acceptable with Risk 356,412 12.1% 665,523 15.4% 6000 - Watch 38,828 1.3% 46,038 1.1% 7000 - Special Mention 50,503 1.7% 18,306 0.4% 8000 - Substandard 34,597 1.2% 45,310 1.1% 9000 - Doubtful - 0.0% - 0.0% 9999 - Loss - 0.0% - 0.0% $2,945,158 100.0% $4,312,399 100.0% 12/31/2014 12/31/2013 1000 - Prime 0.3% 2000 - Excellent 6.3% 3000 - Good 36.1% 4000 - Acceptable 39.3% 5000 - Acceptable with Risk 15.4% 6000 - Watch 1.1% 7000 - Special Mention 0.4% 8000 - Substandard 1.1% 9000 - Doubtful 0.0% 9999 - Loss 0.0% 40

| Portfolio has $4.4 million of net unrealized gains at December 31, 2014 No holdings of GSE equities or bank Trust Preferred or bank Trust Preferred CDOs Average life of portfolio is 4.0 years Excludes Federal Reserve and Federal Home Loan Bank stock No use of derivatives for hedging Conservative Securities Portfolio (Dollar Values in Thousands) December 31, 2014 Gross Gross Estimated Amrt. Cost Amortized Unrealized Unrealized Fair % of Total Security Type Cost Gain Losses Value Securities US Government Agency Securities $29,434 $500 $40 $29,894 7.8% Mortgage Backed Securites - GSEs 241,120 1,716 2,516 240,320 63.8% Municipal Bonds 106,983 4,850 121 111,712 28.3% Other Equity Investments 396 21 - 417 0.1% Total Securities $377,933 $7,087 $2,677 $382,343 100.0% December 31, 2013 Gross Gross Estimated Amrt. Cost Amortized Unrealized Unrealized Fair % of Total Security Type Cost Gain Losses Value Securities US Government Agency Securities $46,640 $843 $148 $47,335 12.2% Mortgage Backed Securites - GSEs 234,206 1,143 6,675 228,674 61.0% Municipal Bonds 102,423 2,017 2,700 101,740 26.7% Other Equity Investments 396 - 12 384 0.1% Total Securities $383,665 $4,003 $9,535 $378,133 100.0% 41

| “Top Investment Idea” Recommendation 2012 “Sm-All Stars” Designation 2011, 2013 & 2014 Designated as a “Grower” Bank 2012 Honor Roll of Community Banks 2010-2013 Ranked among Top 50 Best Performing Community Banks in the U.S. 2011, 2012 & 2013 Ronald D. Paul named East Coast Region Community Banker of the Year 2014 Community Bankers Cup Award 2012 & 2013 Nationally Recognized Financial Performance 50 Fastest Growing Companies 2010-2013 Independent Community Bankers of America 42

| Highly Regarded by Bank Rating Firms FIRM BANK RATING 283/300 Green - *** BAUERFINANCIAL, INC BBB+ 43

| Experienced Management Team Ronald D. Paul, Chairman, President and CEO Mr. Paul, a founder of EagleBank, has served as Chairman since May 2008, and prior to that time was Vice Chairman and Chief Executive Officer since the organization of the Company. Since June 2006, he has served as Chief Executive Officer of the Bank. Mr. Paul is also President of Ronald D. Paul Companies and RDP Management, which are engaged in the business of real estate investment and management for office and multi-family properties. Mr. Paul was a director of Allegiance Bank and of Allegiance Banc Corporation from 1990 until its acquisition by F&M, including serving as Vice Chairman of the Board of Directors from 1995. Mr. Paul is also active in various charitable organizations, including serving as Vice Chairman of the Board of Directors of the National Kidney Foundation from 1996 to 1997, and Chairman from 2002 to 2003. Mr. Paul is a Trustee of the University of Maryland College Park Foundation. He sits on the Board of the Washington Hospital Center and the Metropolitan Washington Board of Trade. Mr. Paul has been named “Washingtonian of the Year” by Washingtonian magazine and in 2009 was named the “Greater Washington Entrepreneur of the Year” by Ernst & Young. In 2012 he was elected to the Washington Business Hall of Fame and was named “Community Banker of the Year” by the American Banker magazine. In 2014 Mr. Paul was named Community Banker of the Year for the Eastern Region by the Independent Community Bankers of America. Robert P. Pincus, Vice Chairman of the Board of Directors of Eagle Bancorp, Inc. and EagleBank Prior to joining the Company in August 2008 upon the acquisition of Fidelity & Trust Financial Corporation (“Fidelity”) and its wholly owned subsidiary, Fidelity & Trust Bank (“F&T Bank”), Mr. Pincus served as Non-Executive Chairman of F&T Bank from 2005. He was Chairman of the Board of BB&T, DC Metro Region and was Regional President from 1998 to 2002. From 1991 to 1998, Mr. Pincus was President and Chief Executive Officer of Franklin National Bank of Washington, D.C. From 1986 to 1991, he was the Regional President of the DC metropolitan region of Sovran Bank. From 1971 to 1986, Mr. Pincus was with DC National Bancorp, Inc., where he eventually served as President and Chief Executive Officer, prior to its merger with Sovran Bank. Served as DC Metro Regional Executive for Sovran Bank from 1986 to 1991. In 2003 Mr. Pincus was elected to the Washington Business Hall of fame. He has served on the Board of Directors of 3 public companies and over 25 non-profit organizations. He was named Greater Washington Entrepreneur of the Year and was elected to the Washington Business Hall of Fame in 1998. Mr. Pincus is a member of the board of directors of Comstock Homebuilding Companies, Inc. 44

| Experienced Management Team Susan G. Riel, Senior EVP, Chief Operating Officer of EagleBank & EVP, Eagle Bancorp, Inc. Ms. Riel, Senior Executive Vice President - Chief Operating Officer of the Bank, and formerly Chief Administrative Officer. Ms.Riel has been with the bank for 16 years. She previously served as Executive Vice President - Chief Operating Officer of Columbia First Bank, FSB from 1989 until that institution’s acquisition by First Union Bancorp in 1995. She is one of the founding officers of EagleBank. Ms. Riel has over 35 years of experience in the commercial banking industry. James H. Langmead, EVP, Chief Financial Officer, Eagle Bancorp, Inc. and EagleBank Mr. Langmead, Executive Vice President and Chief Financial Officer of the Company since January 2007, and Executive Vice President and Chief Financial Officer of the Bank since January 2005, previously served as Chief Financial Officer of Sandy Spring Bank and Sandy Spring Bancorp. Mr. Langmead, a CPA, served in various financial and senior management roles with Sandy Spring Bank from 1992 through 2004. Prior to that time, Mr. Langmead managed the finance group at the Bank of Baltimore. Janice L. Williams, EVP, Chief Credit Officer Ms. Williams, Executive Vice President and Chief Credit Officer of the Bank, has served the Bank as Credit Officer, Senior Credit Officer and Chief Credit Officer for the past 11 years. Prior to employment with the Bank, Ms. Williams was with Capital Bank, Sequoia Bank, and American Security Bank. Additionally, Ms. Williams, a graduate of Georgetown University Law Center and a Member of the Maryland Bar, was previously employed in the private practice of law in Maryland. 45

| Experienced Management Team Charles C. Brockett, EVP & Director of Operations Mr. Brockett joined EagleBank in October of 2014 though our merger with Virginia Heritage Bank where he had served as Chief Financial Officer since 2005 and Chief Operating Officer since 2010 and was also a Director. Prior to his tenure at Virginia Heritage Bank, Mr. Brocket was the Managing Partner of Enterprise Financial Consulting, a Northern Virginia based consulting firm. He had previously served in multiple management positions, including Chief Financial Officer, and on the Board of First Commercial Bank in Arlington, Virginia. Mr. Brockett is a CPA, licensed in the Commonwealth of Virginia. Michael T. Flynn, EVP, Chief Operating Officer of Eagle Bancorp, Inc.& EVP, EagleBank Mr. Flynn has been with EagleBank for 10 years and has served as Chief Operating Officer of Eagle Bancorp, Inc, since June 2006. He previously served as President of EagleBank. He has over 40 years of experience in the banking industry in the Washington, D.C. and Maryland region. Prior to joining EagleBank, he was the Washington region executive for Mercantile Bankshares Corporation. He previously was the Director of Strategic Planning for Allfirst Financial, Inc., and prior to that, held several executive level positions in retail banking, commercial lending and private banking functions for Bank of America and predecessor companies in the Washington metropolitan area. Laurence E. Bensignor, EVP & General Counsel, Eagle Bancorp, Inc. and EagleBank Mr. Bensignor joined the bank after 29 years in the legal and real estate industries in the Washington, DC area. For ten years, Mr. Bensignor served as Trustee of the Van Metre Family Trusts, the controlling owner of a private, multifaceted real estate organization. Previously, he was a partner and chaired the real estate practice group in the Washington, DC office of the national law firm of Arter & Hadden and formerly was a partner in the Washington, DC law firm of Melrod, Redman & Gartlan. Mr. Bensignor is a Fellow of the American College of Real Estate Lawyers. 46

| Experienced Management Team Antonio F. Marquez, EVP, Chief Commercial Real Estate Lending Officer Mr. Marquez, Executive Vice President, recently joined EagleBank as the Chief Real Estate Lender. Prior to joining EagleBank, Mr. Marquez established the real estate lending franchise for HSBC for the Washington, DC market Earlier he was the head of Commercial Real Estate lending at Chevy Chase Bank from 1999 to 2005 and prior to that held various lending positions at Chase Manhattan Bank in New York and The Riggs National Bank in Washington, D.C. Mr. Marquez has over 30 years of experience in the banking industry in the Washington, DC metropolitan area. Lindsey S. Rheaume, EVP, Chief C&I Lending Officer Mr. Rheaume joined EagleBank as Chief C&I Lending Officer in December 2014 and has over 25 years of commercial lending, credit risk and managerial experience in the financial industry. Most recently, he served as relationship executive for JP Morgan Chase, responsible for business development in the DC, suburban Maryland and Northern Virginia market with clients ranging in revenue from $20MM to $500MM. Previously, he served as executive vice president and commercial lending manager at Virginia Commerce Bank—which was acquired by United Bank in 2014—where he managed the bank’s entire commercial and industrial lending activities. Earlier in his career, he held senior commercial lending and credit positions with SunTrust Bank, GE Capital and Bank of America. Steve Reeder, EVP, Chief Deposit Officer Mr. Reeder, Executive Vice President and Chief Deposit Officer, joined EagleBank in February 2014. Previously, he held a similar leadership position at Virginia Commerce Bank for over eight years. Prior to that, Mr. Reeder was a Senior Vice President at BB&T in Northern Virginia, where, following its acquisition of First Virginia Bank, he had a combined 15 years of service. Mr. Reeder has over 26 years of experience in the banking industry in the Washington, DC metropolitan area. 47