EX-99.1 2 exh_991.htm EXHIBIT 99.1

Exhibit 99.1

Ticker: EGBN www.eaglebankcorp.com Sandler O’Neill +Partners East Coast Financial Services Conference November 16 & 17,2016

1 ForwardLookingStatements ThispresentationcontainsforwardlookingstatementswithinthemeaningoftheSecuritiesand ExchangeActof1934,asamended,includingstatementsofgoals,intentions,andexpectationsas tofuturetrends,plans,eventsorresultsofCompanyoperationsandpoliciesandregardinggeneral economicconditions.Insomecases,forward-lookingstatementscanbeidentifiedbyuseofwords such as “may,” “will,” “anticipates,” “believes,” “expects,” “plans,” “estimates,” “potential,” “continue,”“should,”andsimilarwordsorphrases.Thesestatementsarebaseduponcurrentand anticipated economic conditions, nationally and in the Company’s market, interest rates and interest rate policy, competitive factors and other conditions which by their nature, are not susceptibletoaccurateforecastandaresubjecttosignificantuncertainty.Fordetailsonfactors thatcouldaffecttheseexpectations,seetheriskfactorsandothercautionarylanguageincludedin theCompany’sAnnualReportonForm10-Kandotherperiodicandcurrentreportsfiledwiththe SEC. Because of these uncertainties and the assumptions on which this discussion and the forward-lookingstatementsarebased,actualfutureoperationsandresultsinthefuturemaydiffer materially fromthoseindicatedherein.Readersarecautionedagainstplacingunduerelianceon anysuchforward-lookingstatements.TheCompany’spastresultsarenotnecessarilyindicativeof future performance. The Company does not undertake to publicly revise or update forward- lookingstatementsinthispresentationtoreflecteventsorcircumstancesthatariseafterthedate of this presentation, except as may be required under applicable law. This presentation was delivered digitally. The Company makes no representation that subsequent to delivery of the presentation it was not altered. For the most current, accurate information, please refer to www.eaglebankcorp.comandgototheInvestorRelationstab. ForfurtherinformationontheCompanypleasecontact: MichaelT.Flynn 240-497-2040 mflynn@eaglebankcorp.com

2 Company Overview ▪ Eagle Bancorp, Inc. is a growth-oriented community bank headquartered in Bethesda, Maryland ▪ Focused on the Washington, DC metropolitan area, with 21 branches ▪ 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

3 Investment Highlights ▪ Focused on Profitability and Balanced Financial Performance ▪ Strong Net Interest Margin = 4.11% ▪ Clean Asset Quality: NPAs/Assets = 0.41% ▪ Low Charge-Off History: NCOs/Average Loans = 0.14% ▪ 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 quarter ended September 30, 2016.

Experienced Senior Management Team 4 Years Years in with Name Title/Function Banking EGBN Ronald D. Paul Chairman, President & CEO 29 18 Susan G. Riel Sr. EVP & COO - EagleBank 40 18 James H. Langmead* EVP & Chief Financial Officer - Eagle Bancorp & EagleBank 45 11 Laurence E. Bensignor EVP & General Counsel 6 6 Antonio F. Marquez EVP & Chief Real Estate Lending Officer 31 5 Lindsey S. Rheaume EVP & Chief C&I Lending Officer 31 2 Janice L. Williams EVP & Chief Credit Officer 22 13 * Will be retiring on March 31, 2017.

5 Summary Statistics NOTE: Data at September 30, 2016 unless otherwise noted. (1) Please refer to the Non-GAAP reconciliation and footnotes in the appendices on pages 32 -34. Total Assets: $6.8 billion Total Loans: $5.5 billion Total Deposits: $5.6 billion Tangible Common Equity: $707.9 million (1) Tangible Book Value per Common Share: $21.08 (1) Shares Outstanding (at close October 31, 2016) 33,632,710 Market Capitalization (at close October 31, 2016): $1.65 billion Insider Ownership: 10.1% Institutional Ownership: 68% Member of Russell 2000 Yes

EagleBank Branch Locations Montgomery County Prince George’s County Fairfax County Loudoun County Washington, DC N I-270 I-95 I-495 US 50 I-95 I-495 I-66 I-495 Branch System Virginia 9 Maryland 7 Washington, DC 5 Total 21 NOTE: Branch total as of October 31, 2016. Arlington Alexandria 6

7 Deposit Market Share NOTE: Washington, D.C. Metro Area as defined in FDIC Summary of Deposits Report. Data excludes: E*Trade whose deposits are substantially from outside of the defined market area. SOURCE: FDIC, as of June 30, 2015 and June 30, 2016. 74.1% Washington, DC Metropolitan Area Local June 30, June 30, 2016 Community 2015 2016 Annual Market Rank Banks Company Name Branches Balance Balance Growth Share 1 Wells Fargo & Co. 167 31,032,284 31,572,851 1.7% 16.9% 2 Bank of America Corp. 159 28,522,101 30,275,134 6.1% 16.2% 3 Capital One Financial Corp. 169 22,004,362 25,654,173 16.6% 13.7% 4 SunTrust Banks Inc. 167 18,715,435 18,602,750 -0.6% 9.9% 5 BB&T Corp. 185 14,163,943 13,470,334 -4.9% 7.2% 6 PNC Financial Services Group Inc. 185 12,380,099 12,496,495 0.9% 6.7% 7 Citigroup Inc. 36 7,085,409 6,677,000 -5.8% 3.6% 8 1 Eagle Bancorp Inc. 20 4,958,516 5,404,317 9.0% 2.9% 9 United Bankshares Inc. 54 4,461,891 5,386,027 20.7% 2.9% 10 M&T Bank Corp. 79 4,238,739 4,241,489 0.1% 2.3% 11 2 Cardinal Financial Corp. 31 2,957,224 3,273,440 10.7% 1.7% 12 Toronto-Dominion Bank 46 2,761,470 3,146,013 13.9% 1.7% 13 3 Sandy Spring Bancorp Inc. 35 2,544,621 2,741,591 7.7% 1.5% 14 HSBC Holdings Plc 12 2,143,621 2,289,874 6.8% 1.2% 15 4 Burke & Herbert Bank & Trust Co. 25 2,232,564 2,262,071 1.3% 1.2% 16 5 WashingtonFirst Bankshares Inc. 19 1,254,381 1,563,287 24.6% 0.8% 17 Union Bank & Trust 18 1,039,361 1,166,512 12.2% 0.6% 18 6 Access National Corp. 5 913,515 1,054,862 15.5% 0.6% 19 7 Middleburg Financial Corp. 10 958,543 993,347 3.6% 0.5% 20 8 Old Line Bank 15 871,198 961,395 10.4% 0.5% 21 9 Revere Bank 4 531,966 802,715 50.9% 0.4% 22 10 John Marshall Bank 6 668,015 762,331 14.1% 0.4% 23 11 Capital Bank 3 561,058 718,690 28.1% 0.4% 24 12 Community Bank of the Chesapeake 6 634,651 714,776 12.6% 0.4% 25 13 First Virginia Community Bank 5 588,080 678,504 15.4% 0.4% All Other Market Participants 210 10,301,562 10,220,383 -0.8% 5.5% Market Total 1,671 178,524,609 187,130,361 4.8% 100.0%

Performance Statistics NOTE: (1) Bank Holding Company Performance Report Peer Group represents companies with consolidated assets between $3 billionand $10 billion. (2) Please refer to the Non-GAAP reconciliation and footnotes in the appendices on pages 32 -34. * Impact of Q3 2016 Sub-Debt raise was (0.15%). 8 Peer Group (1) Key Ratios (at or for the quarter ended) 2015Q4 2016Q1 2016Q2 2016Q3 2016Q2 ¦ Net Interest Margin 4.38% 4.31% 4.30% 4.11%* 3.49% ¦ Efficiency Ratio 41.47% 40.80% 39.63% 40.54% 63.62% ¦ NPAs + 90 Days Past Due/Total Assets 0.31% 0.42% 0.39% 0.41% 0.68% ¦ Allowance Loan Losses/Gross Loans 1.05% 1.06% 1.05% 1.04% 1.06% ¦ Reserve/NPLs (Coverage Ratio) 397.95% 249.03% 264.44% 255.29% 192.84% ¦ Net Charge-Offs to Average Loans (Annualized) 0.18% 0.09% 0.15% 0.14% 0.11% ¦ Tangible Common Equity/Tangible Assets (2) 10.56% 10.86% 10.88% 10.64% N/A ¦ Tier 1 Leverage Ratio 10.90% 11.01% 11.24% 11.12% 9.87% ¦ Return on Average Assets 1.50% 1.54% 1.57% 1.50% 0.97% ¦ Return on Average Common Equity 12.08% 12.39% 12.40% 12.04% 5.96% ¦ Earnings Per Share (Diluted) $0.65 $0.68 $0.71 $0.72 N/A EGBN

$0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 $4,500 $5,000 $5,500 $6,000 $6,500 $7,000 Millions of Dollars 11Q3 11Q4 12Q1 12Q2 12Q3 12Q4 13Q1 13Q2 13Q3 13Q4 14Q1 14Q2 14Q3 14Q4 15Q1 15Q2 15Q3 15Q4 16Q1 16Q2 16Q3 Total Assets Consistent Balance Sheet Growth NOTE: Virginia Heritage Bank acquisition closed on October 31, 2014. (1) Q3 2011 excludes the “settlement deposit.” (1) 9

$5,000 $6,000 $7,000 $8,000 $9,000 $10,000 $11,000 $12,000 $13,000 $14,000 $15,000 $16,000 $17,000 $18,000 $19,000 $20,000 $21,000 $22,000 $23,000 $24,000 $25,000 Thousands of Dollars 11Q3 11Q4 12Q1 12Q2 12Q3 12Q4 13Q1 13Q2 13Q3 13Q4 14Q1 14Q2 14Q3 14Q4 15Q1 15Q2 15Q3 15Q4 16Q1 16Q2 16Q3 Net Income Available to Common TARP Dividend SBLF Dividend Consistent Net Income Growth $24,523 10 NOTE: Virginia Heritage Bank acquisition closed on October 31, 2014.

Net Interest Margin NOTE: Bank Holding Company Performance Report Peer Group represents companies with consolidated assets between $3 billion and $10 billion. Virginia Heritage Bank acquisition closed on October 31, 2014. * Impact of Q3 2016 Sub-Debt raise was (0.15%). 11 3.99% 4.32% 4.30% 4.44% 4.33% 4.31% 4.30% 4.11% 3.77% 3.59% 3.56% 3.58% 3.49% 3.48% 3.49% 2.00% 2.50% 3.00% 3.50% 4.00% 4.50% 5.00% 2011Y 2012Y 2013Y 2014Y 2015Y 2016Q1 2016Q2 2016Q3 EGBN Peer Group *

Yields and Cost of Funds NOTE: Bank Holding Company Performance Report Peer Group represents companies with consolidated assets between $3 billion and $10 billion. Virginia Heritage Bank acquisition closed on October 31, 2014. * Impact of Q3 2016 Sub-Debt Raise was (0.6bps) to Yield on Average Earnings Assets and 0.9bps on Cost of Funds. 12 4.80% 4.81% 4.67% 4.77% 4.69% 4.67% 4.70% 4.60% 4.75% 4.35% 4.13% 4.06% 3.93% 3.93% 3.94% 2.00% 2.50% 3.00% 3.50% 4.00% 4.50% 5.00% 2011Y 2012Y 2013Y 2014Y 2015Y 2016Q1 2016Q2 2016Q3 Yield on Average Earning Assets EGBN Peer Group 5.80% 5.68% 5.51% 5.37% 5.24% 5.13% 5.10% 5.08% 5.65% 5.32% 4.96% 4.72% 4.48% 4.44% 4.43% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% 2011Y 2012Y 2013Y 2014Y 2015Y 2016Q1 2016Q2 2016Q3 Yield on Loans EGBN Peer Group 0.81% 0.49% 0.37% 0.33% 0.36% 0.36% 0.40% 0.49% 0.96% 0.68% 0.52% 0.45% 0.42% 0.44% 0.45% 0.00% 0.25% 0.50% 0.75% 1.00% 1.25% 2011Y 2012Y 2013Y 2014Y 2015Y 2016Q1 2016Q2 2016Q3 Cost of Funds EGBN Peer Group * *

$1.95 $0.00 $0.50 $1.00 $1.50 $2.00 $2.50 $3.00 2011Y 2012Y 2013Y 2014Y 2015Y 2016YTD EPS (Reported) EPS (Operating) Earnings per Share $2.50 13 $2.08 $1.76 $1.46 $1.04 NOTE: There was a 10% stock dividend paid on the common stock on June 14, 2013. Virginia Heritage Bank acquisition closed on October 31, 2014. EPS (Operating) for 2014 is net of merger related expenses; Please refer to the Non-GAAP reconciliation and footnotes in the appendices on pages 32 -34. $2.11

$9.38 $11.47 $12.89 $14.56 $18.83 $21.08 $0.00 $5.00 $10.00 $15.00 $20.00 $25.00 2011Y 2012Y 2013Y 2014Y 2015Y 2016YTD Tangible Book Value per Share NOTE: Please refer to the Non-GAAP reconciliation and footnotes in the appendices on pages 32-34. Virginia Heritage Bank acquisition closed on October 31, 2014. 14

$0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 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 32 -34. Virginia Heritage Bank acquisition closed on October 31, 2014. Data for Q2, Q3, Q4 2014 are shown on an operating basis, net of merger related expenses. 15

Consistently Improving Efficiency Ratio Note: Bank Holding Company Performance Report Peer Group represents companies with consolidated assets between $3 billion and $10 billion. Virginia Heritage Bank acquisition closed on October 31, 2014. Please refer to the Non-GAAP reconciliation and footnotes in the appendices on pages 32 -34. 16 56% 51% 50% 51% 42% 41% 40% 41% 72% 67% 69% 68% 65% 64% 64% 35% 40% 45% 50% 55% 60% 65% 70% 75% 2011Y 2012Y 2013Y 2014Y 2015Y 2016Q1 2016Q2 2016Q3 EGBN Peer Group

17 Moderate Interest Rate Risk Position Source: FTN Quarterly IRR Report. Virginia Heritage Bank acquisition closed on October 31, 2014. ▪ Both assets and liabilities remain short with repricing durations at 23 months on loans and 28 months on deposits ▪ A100 bps shock increase would increase Net Interest Income by about $4.3 million or 1.7% on a static balance sheet over a 12 month period (Dollar value in thousands) Interest Rate Indicators and Trends 2011Y 2012Y 2013Y 2014Y 2015Y 2016Q1 2016Q2 2016Q3 Repricing Duration of Assets and Liabilities (months) Investments 40 45 50 49 47 42 41 41 Loans 24 25 26 27 25 25 24 23 Deposits 36 38 32 34 32 30 30 28 Borrowings 15 17 16 30 40 41 27 57 Economic Value of Assets and Liabilities Book Value of Portfolio Loans 2,056,256$ 2,493,095$ 2,945,158$ 4,312,399$ 4,998,368$ 5,155,871$ 5,403,429$ 5,481,975$ Economic Value of Portfolio Loans 2,056,047$ 2,515,409$ 2,979,180$ 4,314,618$ 5,000,717$ 5,170,212$ 5,415,639$ 5,492,339$ Premium (Discount) in Loans 0.0% 0.9% 1.2% 0.1% 0.0% 0.3% 0.2% 0.2% Book Value of Deposits 2,392,096$ 2,897,222$ 3,225,413$ 4,310,768$ 5,158,445$ 5,189,646$ 5,335,989$ 5,558,149$ Economic Value of Deposits 2,322,358$ 2,706,461$ 3,148,113$ 4,197,226$ 5,002,426$ 5,097,095$ 5,266,214$ 5,479,137$ Premium (Discount) in Deposits -2.9% -6.6% -2.4% -2.6% -3.0% -1.8% -1.3% -1.4% Book Value of Equity 266,712$ 349,976$ 393,864$ 620,761$ 738,602$ 762,496$ 788,629$ 815,639$ Economic Value of Equity 333,452$ 445,637$ 504,253$ 734,935$ 896,974$ 869,387$ 870,611$ 908,407$ Equity Premium Percentage 25% 27% 28% 18% 21% 14% 10% 11.4% Interest Rate Shock Analysis SHORT TERM EFFECTS (dollars in thousands) Net Interest Income - Flat balance Sheet 107,134$ 131,479$ 146,422$ 202,091$ 250,826$ 252,009$ 260,993$ 258,087$ Net Interest Income - + 100 basis point shock 107,961$ 131,164$ 143,418$ 197,675$ 250,113$ 253,070$ 263,303$ 262,392$ Percentage Change 0.8% -0.2% -2.1% -2.2% -0.3% 0.4% 0.9% 1.7% Net Interest Income - + 200 basis point shock 110,600$ 134,029$ 144,773$ 199,613$ 257,705$ 262,497$ 274,552$ 275,438$ Percentage Change 3.2% 1.9% -1.1% -1.2% 2.7% 4.2% 5.2% 6.7% Net Interest Income - + 300 basis point shock 115,583$ 139,317$ 148,470$ 203,701$ 266,070$ 272,878$ 286,674$ 289,197$ Percentage Change 7.9% 6.0% 1.4% 0.8% 6.1% 8.3% 9.8% 12.1% Net Interest Income - + 400 basis point shock 119,178$ 144,830$ 152,069$ 207,441$ 274,468$ 283,169$ 298,763$ 303,009$ Percentage Change 11.2% 10.2% 3.9% 2.6% 9.4% 12.4% 14.5% 17.4% Net Interest Income - - 100 basis point shock 110,970$ 130,826$ 141,639$ 200,680$ 244,895$ 246,881$ 255,898$ 251,606$ Percentage Change 3.6% -0.5% -3.3% -0.7% -2.4% -2.0% -2.0% -2.5% Net Interest Income - - 200 basis point shock 112,116$ 129,851$ 137,192$ 196,217$ 241,220$ 243,844$ 254,531$ 249,584$ Percentage Change 4.7% -1.2% -6.3% -2.9% -3.8% -3.2% -2.5% -3.3%

(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 18 (Dollar Values in Thousands) Annual Growth Rate Deposit Type % of % of % of Balance Total Balance Total Balance Total % Noninterest Bearing 1,402,447$ 28.5% 1,405,067$ 27.2% 1,668,271$ 30.0% 19.0% Interest Bearing Transaction 207,716 4.2% 178,797 3.5% 297,973 5.4% 43.5% Core Savings & Money Market (1)2,232,340 45.3% 2,515,224 48.8% 2,390,367 43.0% 7.1% Core CD's (1) 544,733 11.1% 507,503 9.8% 516,946 9.3% (5.1%) Wholesale Money Market 281,970 5.7% 320,101 6.2% 412,151 7.4% 46.2% Wholesale CD's 257,382 5.2% 231,752 4.5% 272,441 4.9% 5.9% Total Deposits 4,926,588$ 100% 5,158,444$ 100% 5,558,149$ 100% 12.8% As of December 31, 2015 As of September 30, 2016As of September 30, 2015

Balanced Loan and Deposit Growth 19 NOTE: Virginia Heritage Bank acquisition closed on October 31, 2014. $0.0 $1.0 $2.0 $3.0 $4.0 $5.0 $6.0 $ i n B i l l i o n s Total Loans Total Deposits

Detail of Loan Portfolio NOTE: Data as of September 30, 2016  Concentration in quality markets: Washington, DC, Montgomery County, Fairfax County  Held for Sale residential mortgages not included 20 (Dollar Value 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 320,890$ 90,503$ 42,251$ 264,334$ 121,859$ 3,728$ 39,987$ 51,043$ 4,073$ 938,668$ 17.1% Prince George's 70,660 60,143 26,175 173,473 34,100 8,025 637 1,197 142 374,552 6.8% Baltimore 16,780 13,715 9,700 156,349 15,269 - - 452 125 212,390 3.9% Anne Arundel 9,950 15,884 - 95,840 3,153 4,102 4,560 2,396 31 135,916 2.5% Frederick 5,782 3,028 - 75,113 564 - 1,082 529 1 86,099 1.6% Howard 23,388 586 2,212 31,603 - 11,136 4,075 2,290 53 75,343 1.4% Eastern Shore 4,482 6,045 - 61,410 - - 2,806 383 53 75,179 1.4% Charles 322 21,228 - 8,125 - - 472 - - 30,147 0.5% Other MD 6,504 3,934 - 23,638 5,669 4,512 1,068 568 34 45,927 0.8% Washington DC 299,369 138,026 12,698 954,451 351,489 4,861 51,855 19,280 280 1,832,309 33.5% Virginia Fairfax 151,218 85,020 9,425 291,722 100,680 11,654 14,970 14,418 610 679,717 12.4% Alexandria 27,769 12,915 - 68,876 44,598 - 1,491 3,083 120 158,852 2.9% Loudoun 35,563 49,556 - 25,621 37,545 853 1,944 3,688 199 154,969 2.8% Arlington 39,474 975 - 70,726 23,444 - 1,226 2,033 37 137,915 2.5% Prince William 6,650 38,810 2,215 68,059 10,077 1,651 680 1,903 175 130,220 2.4% Fauquier - 3,879 - 10,074 - - - 316 10 14,279 0.3% Other VA 22,157 35,241 - 98,157 28,454 3,070 1,114 790 96 189,079 3.4% Other USA 89,084 10,939 - 73,615 1,180 6,464 26,472 2,487 173 210,414 3.8% Total $1,130,042 $590,427 $104,676 $2,551,186 $778,081 $60,056 $154,439 $106,856 $6,212 $5,481,975 100.0% % of Total 20.6% 10.8% 1.9% 46.6% 14.2% 1.1% 2.8% 1.9% 0.1% 100.0%

Credit Quality Trends 21 NOTE: Virginia Heritage Bank acquisition closed on October 31, 2014. (Dollar Values in Thousands) 2011Y 2012Y 2013Y 2014Y 2015Y 2016Q1 2016Q2 2016Q3 Nonperforming Assets: Accruing Loans 90 or More Days Past Due -$ -$ -$ -$ -$ -$ -$ -$ Nonaccrual 32,794 30,684 24,702 22,443 13,239 21,928 21,380 22,274 Total Nonperforming Loans (NPLs) 32,794$ 30,684$ 24,702$ 22,443$ 13,239$ 21,928$ 21,380$ 22,274$ Other Real Estate Owned (OREO) 3,225 5,299 9,225 13,224 5,852 3,846 3,152 5,194 Total Nonperforming Assets 36,019$ 35,983$ 33,927$ 35,667$ 19,091$ 25,774$ 24,532$ 27,468$ Performing Restructured Loans (TDRs) 13,873 15,313 7,944 13,502 11,836 6,769 7,329 7,338 NPAs/Assets 1.27% 1.06% 0.90% 0.68% 0.31% 0.42% 0.39% 0.41% NPAs+TDRs/Assets 1.76% 1.50% 1.11% 0.94% 0.51% 0.53% 0.50% 0.51% Reserves 29,653$ 37,492$ 40,921$ 46,075$ 52,687$ 54,608$ 56,536$ 56,864$ Reserves/Loans 1.44% 1.50% 1.39% 1.07% 1.05% 1.06% 1.05% 1.04% Charge-Offs NCOs/Average Loans 0.32% 0.37% 0.23% 0.17% 0.17% 0.09% 0.15% 0.14%

Consistent Asset Quality Total Loans ($mms) 22 Note: 2016 YTD data through September 30, 2016. Virginia HeritageBankacquisition closed on October 31, 2014. 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% 18.0% 20.0% $0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 Sep- 12 Dec- 12 Mar- 13 Jun- 13 Sep- 13 Dec- 13 Mar- 14 Jun- 14 Sep- 14 Dec- 14 Mar- 15 Jun- 15 Sep- 15 Dec- 15 Mar- 16 Jun- 16 Sep- 16 Total Loans ($) NPAs (%) Charge Offs (%) (Dollar Values in Thousands) Loan NPAs/ Average Year Growth Assets Charge-Offs 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% 2015 $685,969 0.31% 0.17% 2016 YTD $483,607 0.41% 0.13% Net Charge-Off History for the periods ended September 30, 2016 EGBN EGBN Loan Type 2 Year Avg. 3 Year Avg. Income Producing CRE 0.07% 0.05% Owner Occupied CRE 0.03% 0.07% Construction and Land 0.14% 0.22% Commercial & Industrial 0.39% 0.36%

CRE Risk Management  Executive & Board Level Oversight of Approval Process  Disciplined Underwriting  Proactive Portfolio Management  Quarterly Stress Testing of CRE Portfolio  Quarterly Independent Credit Review  Dedicated Special Assets Team 23

CRE Concentration 24 (1) All peer group and other data is from the FR Y-9C and Bank Holding Company Performance Report. Peer group data is based on the Company’s asset size at the time of reporting. (2) Represents CRE (excluding owner occupied) concentration as a percentage of EGBN consolidated risk-based capital. * F&T Bank acquisition closed on August 30, 2008. ** Virginia Heritage Bank acquisition closed on October 31, 2014. (Dollar Values in Thousands) 2006Y2007Y2008Y*2009Y2010Y2011Y2012Y2013Y2014Y**2015Y2016Q12016Q22016Q3 Total CRE Portfolio (excl Own Occ) 430,863$ 505,135$ 709,447$ 820,442$ 909,058$ 1,147,897$ 1,431,984$ 1,660,266$ 2,453,662$ 2,978,550$ 2,930,317$ 3,052,325$ 3,139,188$ CRE/Total Loans 68.38%70.06%55.81%58.50%51.77%47.63%57.44%56.37%56.78%59.59%56.83%56.50%57.36% CRE Nonperforming Loans NPLs/Total CRE 0.00%0.79%2.38%1.76%1.43%1.67%1.40%0.88%0.23%0.22%0.49%0.46% 0.46% Peer NPLs/Total CRE (1)0.44%1.01%2.94%4.45%4.42%3.52%2.40%1.50%0.86%0.52%0.49%0.46% Total Net Charge Offs NCOs/Total CRE 0.00%0.00%0.00%0.07%0.18%0.09%0.18%0.07%0.07%0.06%-0.02%-0.01% 0.05% Peer NCOs/Total CRE (1) 0.03%0.08%0.57%1.55%1.53%1.10%0.67%0.22%0.06%0.01%0.00%0.01% CRE Concentration (2)N/A 471.29%429.81%403.06%401.12%392.96%375.05%377.00%388.64%394.40%375.56%377.19%318.03%

ADC Concentration 25 (1) All peer group and other data is from the FR Y-9C and Bank Holding Company Performance Report. Peer group data is based on the Company’s asset size at the time of reporting. (2) Represents ADC concentration as a percentage of EGBN consolidated risk-based capital. * F&T Bank acquisition closed on August 30, 2008. ** Virginia Heritage Bank acquisition closed on October 31, 2014. (Dollar Values in Thousands) 2006Y2007Y2008Y*2009Y2010Y2011Y 2012Y 2013Y2014Y**2015Y2016Q12016Q22016Q3 Total ADC Portfolio 126,869$ 101,752$ 283,041$ 252,494$ 327,718$ 448,470$ 539,069$ 628,880$ 798,241$ 909,654$ 897,927$ 857,558$ 914,121$ ADC/Total Loans 20.14%14.11%22.27%18.00%18.66%18.61%21.62%21.35%18.47%18.20%17.42%15.87% 16.70% ADC Nonperforming Loans NPLs/Total ADC 0.00%3.96%6.28%6.30%4.50% 3.89% 3.45% 1.33% 0.51% 0.08% 0.63% 0.65% 0.56% Peer NPLs/Total ADC (1)0.30%1.50%5.60%10.75%11.24% 8.85% 6.51% 2.91% 1.28% 0.63% 0.57% 0.45% Total Net Charge Offs NCOs/Total ADC 0.00%0.00%0.16%0.07%0.52% 0.28% 0.44% 0.21% 0.26% -0.02%-0.09%-0.05% 0.22% Peer NCOs/Total ADC (1) 0.02%0.08%1.30%3.88%4.30% 3.09% 2.37% 0.46% -0.11%-0.04%-0.05%-0.05% ADC Concentration (2) 157.52%114.82%171.48%124.04%144.60%153.52%141.19%142.80%126.44%120.45%115.08%105.97%92.61%

Capital Strength  $150 million of 10 Year, 5 Year non-call, 5.00% Subordinated Notes sold in July 2016  $100 million of Common Equity raised through an underwritten offering in March 2015  $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  $35 million of Common Equity raised through an At the Market Offering during May through October 2012 (1) This constitutes a non-GAAP financial measure. Please refer to the Non-GAAP reconciliation and footnotes in the appendices on pages 32 -34. 26 (Dollar Values in Thousands) 2011Y 2012Y 2013Y 2014Y 2015Y 2016Q1 2016Q2 2016Q3 Total Assets 2,831,255$ 3,409,441$ 3,771,503$ 5,247,880$ 6,075,577$ 6,131,222$ 6,365,320$ 6,762,132$ Total Common Stockholders' Equity 210,111$ 293,376$ 337,263$ 548,859$ 738,601$ 762,496$ 788,628$ 815,639$ Total Regulatory Capital 292,137$ 381,808$ 440,332$ 631,340$ 755,212$ 780,772$ 809,220$ 987,068$ Tier 1 Leverage Ratio 8.21% 10.44% 10.93% 10.69% 10.90% 11.01% 11.24% 11.12% Tier 1 Risk Based Capital Ratio 10.33% 10.80% 11.53% 10.39% 10.68% 10.83% 10.74% 10.83% Total Risk Based Capital Ratio 11.84% 12.20% 13.01% 12.97% 12.75% 12.87% 12.71% 15.05% Common Equity Tier 1 (CETI) Ratio N/A N/A N/A N/A 10.68% 10.83% 10.74% 10.83% Tangible Common Equity Ratio (1) 7.29% 8.50% 8.86% 8.54% 10.56% 10.86% 10.88% 10.64%

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 Nine capital raising events since August 2008 o 31 consecutive quarters of increasing profitability (since January 1, 2009) have consistently bolstered the capital position 27

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 turnover rate 28

EagleBank Growth Strategy  Profitability • Pricing discipline to sustain Net Interest Margin • Diligent expense control to maintain Efficiency Ratio  Maintain Credit Quality • Enhanced monitoring of portfolio • Expanded stress testing  Emphasis on Organic Growth • Only 3.14% deposit market share in DC Metro Area • 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, FHA commercial mortgage origination, treasury management services, insurance 29

Stock Price Performance 1 Year 3 Year 5 Year EGBN 3.3% 85.8% 289.8% NASDAQ Bank Stock Index 6.5% 25.7% 92.3% NASDAQ Stock Market Index 2.7% 32.4% 93.3% S & P 500 Index 2.3% 21.0% 69.6% EGBN Stock Price Performance SOURCE: SNL Financial, Chart and calculations as of close of trading on October 31, 2016 30

Appendices 31

Non-GAAP Reconciliation 32 GAAP Reconciliation (Unaudited) (dollars in thousands except per share data) December 31, 2015 March 31, 2016 June 30, 2016 September 30, 2016 Common shareholders' equity 738,601$ 762,496$ 788,628$ 815,639$ Less: Intangible assets (108,542) (108,268) (108,021) (107,694) Tangible common equity 630,059$ 654,228$ 680,607$ 707,945$ Book value per common share 22.07$ 22.71$ 23.48$ 24.28$ Less: Intangible book value per common share (3.24) (3.23) (3.21) (3.20) Tangible book value per common share 18.83$ 19.48$ 20.27$ 21.08$ Total assets 6,075,577$ 6,131,222$ 6,365,320$ 6,762,132$ Less: Intangible assets (108,542) (108,268) (108,021) (107,694) Tangible assets 5,967,035$ 6,022,954$ 6,257,299$ 6,654,438$ Tangible common equity ratio 10.56% 10.86% 10.88% 10.64%

Non-GAAP Reconciliation 33 GAAP Reconciliation (Unaudited) (dollars in thousands except per share data) December 31, 2011 December 31, 2012 December 31, 2013 December 31, 2014 December 31, 2015 Common shareholders' equity 210,111$ 293,376$ 337,263$ 548,859$ 738,601$ Less: Intangible assets (4,145) (3,785) (3,510) (109,908) (108,542) Tangible common equity 205,966$ 289,591$ 333,753$ 438,951$ 630,059$ Book value per common share 9.57$ 11.62$ 13.03$ 18.21$ 22.07$ Less: Intangible book value per common share (0.19) (0.15) (0.14) (3.65) (3.24) Tangible book value per common share 9.38$ 11.47$ 12.89$ 14.56$ 18.83$ Total assets 2,831,255$ 3,409,441$ 3,771,503$ 5,247,880$ 6,076,649$ Less: Intangible assets (4,145) (3,785) (3,510) (109,908) (108,542) Tangible assets 2,827,110$ 3,405,656$ 3,767,993$ 5,137,972$ 5,968,107$ Tangible common equity ratio 7.29% 8.50% 8.86% 8.54% 10.56%

Non-GAAP Reconciliation Footnotes 34 (1) 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.

35 Market Information –Washington, DC MSA  Population 6.2 Million □ 5th largest market in the U.S.  Employment 3.2 Million □ 76,000 new jobs created from August 2015 to August 2016 □ Employment growth driven by private sector, over 320,000 net new private sector jobs created over last five years □ Unemployment rate of 4.0% vs. US average of 5.0% (August 2016)  Gross Regional Product (GRP) $491 Billion □ 5th largest regional economy in the U.S. □ 25.0% growth in GRP over the last 10 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 Regional Report, Bureau of Labor Statistics, 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, Bureau of Economic Analysis Total Federal Spending = 30% of GRP GRP Contribution by Sub-market Gross Regional Product $491 Billion Suburban Maryland 28.0% District of Columbia 24.0% Northern Virginia 48.0%

Loan Portfolio and Growth 37 (Dollar Values in Thousands) Annual Growth Rate Year-to-Date (Annualized) Loan Type Balance % of Total Balance % of Total Balance % of Total % % Commercial and Industrial1,007,659$ 21.1% 1,052,257$ 21.1% 1,130,042$ 20.6% 12.1% 9.8% Owner Occupied 489,657 10.3% 498,102 10.0% 590,427 10.8% 20.6% 24.7% Owner Occupied-Const. 60,487 1.3% 79,769 1.6% 104,676 1.9% 73.1% 41.5% Income Producing 2,022,950 42.2% 2,115,477 42.2% 2,551,186 46.6% 26.1% 27.4% Construction 800,412 16.8% 857,328 17.2% 778,081 14.2% (2.8%) (12.3%) Land 126,853 2.7% 128,279 2.6% 60,056 1.1% (52.7%) (70.7%) Residential Mortgage 147,720 3.1% 147,367 2.9% 154,439 2.8% 4.5% 6.4% Home Equity 115,346 2.4% 112,885 2.3% 106,856 1.9% (7.4%) (7.1%) Other Consumer 5,881 0.1% 6,904 0.1% 6,212 0.1% 5.6% (13.3%) Total Loans 4,776,965$ 100.0% 4,998,368$ 100.0% 5,481,975$ 100.0% 14.8% 12.9% As of September 30, 2015 As of December 31, 2015 As of September 30, 2016

Geographic Detail -Income Producing CRE NOTE: Data as of September 30, 2016  Focus in core sub-markets: Washington, DC, Montgomery County, Fairfax County 38 (Dollar Value in Thousands) Single Redevel./ Office/ Multi- Mixed & 1-4 County Retail Condo Hotel Family Use Single & 1-4 Family Industrial Other TOTAL % of Total Maryland Montgomery 42,170$ 68,466$ 14,105$ 592$ 67,160$ 25,822$ 7,353$ 38,666$ 264,334$ 10.4% Prince George's 54,547 24,786 20,138 35,284 7,127 2,402 11,331 17,858 173,473 6.8% Baltimore 75,261 23,662 20,471 5,734 7,186 6,766 16,629 640 156,349 6.1% Anne Arundel 31,942 3,160 9,512 42,233 - 482 4,325 4,186 95,840 3.8% Frederick 42,391 12,341 - - 578 7,299 2,454 10,050 75,113 2.9% Howard 1,778 4,548 - - 2,519 9,558 - 13,200 31,603 1.2% Eastern Shore - 2,050 57,914 - - 1,446 - - 61,410 2.4% Charles - - - - - 263 - 7,862 8,125 0.3% Other MD 1,611 5,484 - 183 2,662 204 12,660 834 23,638 0.9% Washington DC 94,061 107,793 170,816 176,926 113,099 87,599 8,220 195,937 954,451 37.5% Virginia Fairfax 50,399 108,550 - 985 10,006 24,582 712 96,488 291,722 11.4% Alexandria 5,070 27,276 - - 1,786 4,248 4,601 25,895 68,876 2.7% Loudoun 11,864 1,533 - - - 3,203 2,236 6,785 25,621 1.0% Arlington - 25,619 - 274 30,367 8,321 - 6,145 70,726 2.8% Prince William 29,184 15,337 - - - 640 3,848 19,050 68,059 2.7% Fauquier 2,078 2,457 - 500 - 5,039 10,074 0.4% Other VA 22,558 17,374 - 1,240 111 1,879 46,947 8,048 98,157 3.8% Other USA 13,372 13,406 2,543 5,082 760 12,750 2,230 23,472 73,615 2.9% Total $478,286 $463,842 $295,499 $268,533 $243,361 $197,964 $123,546 $480,155 $2,551,186 100.0% % of Total 18.8% 18.2% 11.6% 10.5% 9.5% 7.8% 4.8% 18.8% 100.0%

Geographic Detail –Construction NOTE: Data as of September 30, 2016  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 39 (Dollar Value in Thousands) Single & 1-4 Multi- Mixed Residential County Single & 1-4 Family Office Family Use Condo Hotel Retail Other TOTAL % of Total Maryland Montgomery 54,407$ 32,034$ 15,522$ 9,343$ 3,330$ -$ -$ 7,223$ 121,859$ 15.7% Prince George's 7,343 - 1 11,530 - - - 15,226 34,100 4.4% Baltimore 294 - 4,675 - - 4,319 1,260 4,721 15,269 2.0% Anne Arundel 1,321 - - - - - 1,832 - 3,153 0.4% Eastern Shore 564 - - - - - - - 564 0.1% Charles - - - - - - - - - 0.0% Other MD 627 - 5,042 - - - - - 5,669 0.7% Washington DC 73,241 24,363 107,138 26,514 59,766 41,669 12,700 6,098 351,489 45.1% Virginia Fairfax 45,176 42,555 687 9,953 - - 1,909 400 100,680 12.9% Alexandria 8,227 1,223 - 21,720 - - 13,428 - 44,598 5.7% Loudoun 803 13,546 - - 3,246 - - 19,950 37,545 4.8% Arlington 23,444 - - - - - - - 23,444 3.0% Prince William 2,387 - - 2,252 - - - 5,438 10,077 1.3% Fauquier - - - - - - - 0.0% Other VA - 24,276 3,155 - 942 - - 81 28,454 3.7% Other USA 1,180 - - - - - - - 1,180 0.2% Total $219,014 $137,997 $136,220 $81,312 $67,284 $45,988 $31,129 $59,137 $778,081 100.0% % of Total 28.2% 17.7% 17.5% 10.5% 8.6% 5.9% 4.0% 7.6% 100.0% Renovation 72,857$ 129,601$ 95,367$ 49,267$ 15,055$ 7,001$ 27,960$ 12,663$ 409,771$ 52.7% Ground-Up 146,157$ 8,396$ 40,853$ 32,045$ 52,229$ 38,987$ 3,169$ 46,474$ 368,310$ 47.3%

 Portfolio has $7.5 million of net unrealized gains at September 30, 2016  No holdings of GSE equities or bank Trust Preferred or bank Trust Preferred CDOs  Average life of portfolio is 3.4 years  Excludes Federal Reserve and Federal Home Loan Bank stock Conservative Securities Portfolio 40 (Dollar Values in Thousands) September 30, 2016 Gross Gross Estimated Amrt. Cost Amortized Unrealized Unrealized Fair % of Total Security Type Cost Gain Losses Value Securities US Government Agency Securities $55,862 $638 $136 $56,364 13.2% Mortgage Backed Securites - GSEs 264,101 2,284 350 266,035 62.4% Municipal Bonds 94,923 4,954 - 99,877 22.4% Corporate Bonds 8,009 68 23 8,054 1.9% Other Equity Investments 310 28 - 338 0.1% Total Securities $423,205 $7,972 $509 $430,668 100.0% December 31, 2015 Gross Gross Estimated Amrt. Cost Amortized Unrealized Unrealized Fair % of Total Security Type Cost Gain Losses Value Securities US Government Agency Securities $56,775 $477 $277 $56,975 11.7% Mortgage Backed Securites - GSEs 299,709 692 3,160 297,241 61.6% Municipal Bonds 114,253 4,131 3 118,381 23.5% Corporate Bonds 15,090 - 152 14,938 3.1% Other Equity Investments 307 27 - 334 0.1% Total Securities 486,134$ 5,327$ 3,592$ 487,869$ 100.0% September 30, 2015 Gross Gross Estimated Amrt. Cost Amortized Unrealized Unrealized Fair % of Total Security Type Cost Gain Losses Value Securities US Government Agency Securities $68,289 $879 $90 $69,078 13.2% Mortgage Backed Securites - GSEs 320,978 2,172 1,130 322,020 61.8% Municipal Bonds 114,137 3,824 95 117,866 22.0% Corporate Bonds 15,096 - 78 15,018 2.9% Other Equity Investments 307 37 - 344 0.1% Total Securities $518,807 $6,912 $1,393 $524,326 100.0%

▪Designated as a “Challenger” Bank 2015 ▪Honor Roll of Community Banks 2010-2015 Nationally Recognized Financial Performance ▪Community Bankers Cup Award 2012-2015 ▪Ronald D. Paul named East Coast Region Community Banker of the Year 2014 Independent Community Bankers of America 41 ▪“Top Investment Idea” Recommendation 2012 ▪“Sm-All Stars” Designation 2011, 2013, 2014, 2015 & 2016

Highly Regarded by Bank Rating Firms FIRM BANK RATING 300/300 Green -*** BAUERFINANCIAL, INC A- 42

Experienced Management Team 43 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 1990until 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 Boardofthe 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 Bankermagazine. In 2014 Mr. Paul was named Community Banker of the Year for the Eastern Region by the Independent Community Bankers of America. 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 andSandy 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.

Experienced Management Team 44 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 MarylandBar, was previously employed in the private practice of law in Maryland. 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 RealEstate Lawyers. 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 NewYork 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.

45 Historical Balance Sheet (Dollar Values in Thousands) 2011Y 2012Y 2013Y 2014Y 2015Y 5 Year Compound Growth Rate 2016YTD Assets Cash and Equivalents $232,411 $339,334 $306,960 $256,025 $298,363 38.7% $519,027 Securities Available for Sale 324,053 310,514 389,405 404,903 504,772 16.3% 450,588 Total Cash and Securities 556,464 649,848 696,365 660,928 803,135 22.1% 969,615 Gross Loans HFI 2,056,256 2,493,095 2,945,158 4,312,399 4,998,368 24.4% 5,481,975 Loan Loss Reserves 29,653 37,492 40,921 46,075 52,687 16.3% 56,864 Loans Held for Sale 176,826 226,923 42,030 44,317 47,492 (10.0%) 78,118 Total Net Loans 2,203,429 2,682,526 2,946,267 4,310,641 4,993,173 23.6% 5,503,229 Real Estate Owned 3,225 5,299 9,225 13,224 5,852 (2.7%) 5,194 Total Intangibles 3,966 3,642 3,276 109,626 108,155 93.0% 107,247 Total Servicing Rights 179 143 234 282 387 20.4% 447 Other Assets 63,992 67,983 116,136 153,179 164,875 26.2% 176,400 Total Assets $2,831,255 $3,409,441 $3,771,503 $5,247,880 $6,075,577 23.8% $6,762,132 Liabilities Deposits $2,392,095 $2,897,222 $3,225,414 $4,310,768 $5,158,444 24.5% $5,558,149 FHLB Borrowings 40,000 30,000 30,000 140,000 0 (100.0%) 50,000 Repurchase Agreements 103,362 101,338 80,471 61,120 72,356 (5.8%) 71,642 Subordinated Debt 9,300 9,300 9,300 79,300 68,928 49.3% 216,419 Other Liabilities 19,787 21,605 32,455 35,933 37,248 27.7% 50,283 Total Liabilities 2,564,544 3,059,465 3,377,640 4,627,121 5,336,976 23.1% 5,946,493 Equity Preferred Equity 56,600 56,600 56,600 71,900 0 (100.0%) 0 Common Equity 205,236 287,911 340,582 546,212 738,410 32.6% 816,579 Net Unrealized Gain (Loss) 4,875 5,465 (3,319) 2,647 191 (37.8%) (940) Total Stockholders Equity 266,711 349,976 393,863 620,759 738,601 29.3% 815,639 Total Liabilities and Equity $2,831,255 $3,409,441 $3,771,503 $5,247,880 $6,075,577 23.8% $6,762,132 Balance Sheet Analysis (%) Total Gross Loans/ Total Assets 72.63 73.12 78.09 82.17 82.27 81.07 Loans/ Deposits 85.96 86.05 91.31 100.04 96.90 98.63 Reserves/ Loans 1.44 1.50 1.39 1.07 1.05 1.04 Annualized Growth Rates (%) Asset Growth Rate 35.51 20.42 10.62 39.15 15.77 15.03 Gross Loans HFI 22.72 21.24 18.13 46.42 15.91 12.87 Deposit Growth Rate 38.53 21.12 11.33 33.65 19.66 10.31

46 Historical Income Statement Virginia Heritage Bank acquisition closed on October 31, 2014. Data for 2014 is shown on an operating basis, net of merger related expenses; Please refer to the Non-GAAP reconciliation and footnotes in the appendices on pages 32 -34. (Dollar Values in Thousands, except per share data) 2011Y 2012Y 2013Y 2014Y 2015Y 5 Year Compound Growth Rate 2016YTD Total Interest Income 119,124$ 141,943$ 157,294$ 191,573$ 253,180$ 21.2% 210,010$ Total Interest Expense 20,077 14,414 12,504 13,095 19,238 (0.6%) 18,870 Net Interest Income 99,047 127,529 144,790 178,478 233,942 24.9% 191,140 Loan Loss Provision 10,983 16,190 9,602 10,879 14,638 9.5% 9,219 Service Charges on Deposits 3,318 3,937 4,607 4,906 5,397 12.0% 4,303 Gain/Loss on Sale of Loans 6,057 13,942 14,578 6,886 11,973 33.4% 8,464 Gain/Loss on Sale of Securities 1,445 690 19 22 2,254 11.1% 1,123 Loss on early extinguishment of debt - (529) - - (1,130) 100.0% - BOLI Revenue 401 392 720 1,283 1,589 29.9% 1,171 Other Noninterest Income 2,280 2,932 4,792 5,248 6,545 32.9% 5,209 Total Noninterest Income 13,501 21,364 24,716 18,345 26,628 23.6% 20,270 Salaries and Employee Benefits 34,518 43,684 47,481 57,268 61,749 19.3% 49,157 Premises and Equipment Expenses 8,371 10,218 11,923 13,317 16,026 13.6% 11,419 Marketing and Advertising 1,626 1,759 1,686 1,999 2,748 21.0% 2,551 Data Processing 3,554 4,415 5,903 6,163 7,533 23.4% 5,716 Legal, Accounting and Professional Fees 3,974 4,253 2,969 3,439 3,729 4.5% 2,845 FDIC Insurance 2,195 2,089 2,263 2,333 3,154 3.2% 2,193 Merger Expenses - - - 4,699 141 100.0% - Other Noninterest Expenses 9,038 10,113 12,354 10,510 15,636 15.3% 11,354 Total Noninterest Expense 63,276 76,531 84,579 99,728 110,716 16.8% 85,235 Net Income Before taxes 38,289 56,172 75,325 86,216 135,216 39.3% 116,956 Income taxes 13,731 20,883 28,318 31,958 51,049 41.2% 44,966 Net Income 24,558 35,289 47,007 54,258 84,167 38.3% 71,990 Preferred Dividends 1,511 566 566 614 601 (14.3%) - Net Income Available to Common 23,047$ 34,723$ 46,441$ 53,644$ 83,566$ 40.3% 71,990$ Earnings per Share - Diluted 1.04$ 1.46$ 1.76$ 2.08$ 2.50$ 2.11$