Related Party Transactions	12 Months Ended
Dec. 31, 2019
Related Party Transactions
Related Party Transactions	Note 16– Related Party Transactions The Bank leases office space from a limited liability company in which a trust for the benefit of a former executive officer’s children has a 51% interest. During the fourth quarter of 2015, the Company entered into an agreement to lease office space for a second location with limited liability companies in which the executive officer indirectly owns a majority interest. The Company leased additional space at this location starting with the third quarter of 2017. The executive officer resigned during 2019. The Company paid $2.6 million, $2.2 million, and $2.1 million with respect to these leases, excluding certain pass-through expenses for the years ended December 31, 2019, 2018 and 2017, respectively. A director that resigned from Company during 2019 was a shareholder in a law firm which has provided, and continues to provide, legal services to the Company and its subsidiaries. During 2019, the Company and its subsidiaries paid aggregate fees of $929 thousand to that firm. Under the director’s arrangement with his firm, he did not participate significantly in the profits or revenues resulting from the provision of legal services to the Company and its subsidiaries. The EagleBank Foundation, a 501(c)(3) non-profit, seeks to improve the well being of our community by providing financial support to local charitable organizations that help foster and strengthen vibrant, healthy, cultural and sustainable communities. The Company paid $182 thousand, $150 thousand, and $145 thousand to the EagleBank Foundation for the years ended December 31, 2019, 2018 and 2017, respectively. Certain directors and executive officers of the Company and the Bank have had loan transactions with the Company. Such loans were made in the ordinary course of business on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with outsiders. Please see further detail regarding Related Party Loans in Note 4 and Related Party Deposits in Note 11 to the Consolidated Financial Statements.

Related Party Transactions

12 Months Ended

Dec. 31, 2019

Note 16– Related Party Transactions

The Bank leases office space from a limited liability company in which a trust for the benefit of a former executive officer’s children has a 51% interest. During the fourth quarter of 2015, the Company entered into an agreement to lease office space for a second location with limited liability companies in which the executive officer indirectly owns a majority interest. The Company leased additional space at this location starting with the third quarter of 2017. The executive officer resigned during 2019. The Company paid $2.6 million, $2.2 million, and $2.1 million with respect to these leases, excluding certain pass-through expenses for the years ended December 31, 2019, 2018 and 2017, respectively.

A director that resigned from Company during 2019 was a shareholder in a law firm which has provided, and continues to provide, legal services to the Company and its subsidiaries. During 2019, the Company and its subsidiaries paid aggregate fees of $929 thousand to that firm. Under the director’s arrangement with his firm, he did not participate significantly in the profits or revenues resulting from the provision of legal services to the Company and its subsidiaries.

The EagleBank Foundation, a 501(c)(3) non-profit, seeks to improve the well being of our community by providing financial support to local charitable organizations that help foster and strengthen vibrant, healthy, cultural and sustainable communities. The Company paid $182 thousand, $150 thousand, and $145 thousand to the EagleBank Foundation for the years ended December 31, 2019, 2018 and 2017, respectively.

Certain directors and executive officers of the Company and the Bank have had loan transactions with the Company. Such loans were made in the ordinary course of business on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with outsiders. Please see further detail regarding Related Party Loans in Note 4 and Related Party Deposits in Note 11 to the Consolidated Financial Statements.