EagleBank in Bethesda, Maryland (MD), DC, VA
Overview, Financial Summary, Detailed Financial Reports, Branches


  • EagleBank in Bethesda, Maryland (MD), DC, VA
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EagleBank - Overview

  • General
  • FDIC Certificate #: 34742
    Status: Active
    Federal Reserve ID: 2652092
    Bank Holding Company (Regulatory Top Holder): Eagle Bancorp, Inc. (RSSDID: 2652104, Location: Bethesda, MD)
    Date Established: July 20, 1998
    WWW: http://www.eaglebankcorp.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 14 (Domestic: 14, Interstate: Yes)
    FDIC's unique #: 61426
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: July 20, 1998
    Last Structure Change Effective Date: January 21, 2011
    Last Structure Change Process Date: Febuary 07, 2011
    Last Data Update: Febuary 07, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 7815 Woodmont Avenue, Bethesda, MD 20814
    County: Montgomery
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Baltimore
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Washington, DC-MD-VA-WV (#8840)
    Consolidated Metropolitan Statistical Area (CMSA): Washington-Baltimore, DC-MD-VA-WV (#97)
    Combined Statistical Area (CSA): Washington-Baltimore-Northern Virginia, DC-MD-VA-WV (#548)
    Core Based Statistical Area (CBSA): Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    CBSA Metro Statistical Area: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    Core Based Statistical Division: Bethesda-Rockville-Frederick, MD (#13644)
  • History of Changes
  • Office Purchased
  • Financial Summary
  • Total assets: $2,821.1 mil
    Equity capital: $256.4 mil
    Deposits held in domestic offices: $2,400.7 mil
    Return on assets (ROA): 1.07% ($30.2 mil)
    Quarterly return on assets: 1.08% ($30.5 mil)
    Return on Equity (ROE): 12.33% ($31.6 mil)
    Quarterly return on equity: 12.93% ($33.1 mil)
    Net income: $27.1 mil
    Quarterly Net income: $8.1 mil
    Pretax return on assets: 1.66% ($46,830.8 mil)
    Quarterly Pretax return on assets: 1.62% ($45,702.3 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 335Total employees (full-time equivalent)
  • $2,821,130Total assets
  • $202,036Cash and due from depository institutions
  • $178,148Interest-bearing balances
  • $313,504Securities
  • $21,785Federal funds sold & reverse repurchase agreements
  • $2,201,191Net loans & leases
  • $29,616Loan loss allowance
  • $0Trading account assets
  • $11,894Bank premises and fixed assets
  • $3,225Other real estate owned
  • $4,145Goodwill and other intangibles
  • $2,821,130Life insurance assets
  • $63,350All other assets
  • $2,564,780Total liabilities and capital
  • $2,400,652Total liabilities
  • $1,703,590Total deposits
  • $2,400,652Interest-bearing deposits
  • $67Deposits held in domestic offices
  • 103362.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $40,000Trading liabilities
  • $0Other borrowed funds
  • $20,766Subordinated debt
  • $256,350All other liabilities
  • $256,350Total equity capital
  • $256,350Total bank equity capital
  • $0Perpetual preferred stock
  • $4,625Common stock
  • $153,717Surplus
  • $98,008Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $176,826Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $32,797Income earned, not collected on loans
  • $78Earning assets
  • $10,464Long-term assets (5+ years)
  • $2,714,628Average Assets, year-to-date
  • $471,537Average Assets, quarterly
  • $2,523,114Volatile liabilities
  • $3,015,876Insider loans
  • $2,455,498FHLB advances
  • $3,092,871Loans and leases held for sale
  • $13,743Unused loan commitments
  • $8,148Tier 1 (core) risk-based capital
  • $243,553Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $5,595Total unused commitments
  • $705,971Restructured Loans and leases
  • $31,982Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $118,869Total interest income
  • $19,133Total interest expense
  • $99,736Net interest income
  • $10,975Provision for loan and lease losses
  • $13,266Total noninterest income
  • $0Fiduciary activities
  • $3,318Service charges on deposit accounts
  • $0Trading account gains & fees
  • $9,948Additional noninterest income
  • $61,613Total noninterest expense
  • $34,518Salaries and employee benefits
  • $8,371Premises and equipment expense
  • $18,724Additional noninterest expense
  • $40,414Pre-tax net operating income
  • $1,445Securities gains (losses)
  • $14,800Applicable income taxes
  • $27,059Income before extraordinary items
  • $0Extraordinary gains - net
  • $27,059Net income attributable to bank
  • $0Net charge-offs
  • $27,059Cash dividends
  • $6,084Sale, conversion, retirement of capital stock, net
  • $5,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.89%Yield on earning assets
  • 0.79%Cost of funding earning assets
  • 4.10%Net interest margin
  • 0.55%Noninterest income to earning assets
  • 2.54%Noninterest expense to earning assets
  • 1.04%Net operating income to assets
  • 1.07%Return on assets (ROA)
  • 1.66%Pretax return on assets
  • 12.33%Return on equity (ROE)
  • 10.05%Retained earnings to average equity (YTD only)
  • 0.31%Net charge-offs to loans
  • 180.39%Credit loss provision to net charge-offs
  • 8.45%Efficiency ratio
  • 54,272Assets per employee
  • 8.42%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 18.48%Loss allowance to loans
  • 1.33%Loss allowance to noncurrent loans
  • 90.30%Noncurrent assets plus other real estate owned to assets
  • 1.28%Noncurrent loans to loans
  • 1.47%Net loans and leases to deposits
  • 91.69%Net loans and leases to core deposits
  • 110.50%Equity capital to assets
  • 9.09%Core capital (leverage) ratio
  • 7.87%Tier 1 risk-based capital ratio
  • 9.92%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $2,523,114Average earning assets
  • $219,533Average equity
  • $2,430,360Average loans

Bank Assets Sold and Securitized (December 31, 2011)

  • Dollar figures in thousands
  • Principal balance with servicing or other recourse retained
  • $01-4 family residential loans
  • $0Home equity lines
  • $0Credit cards receivables
  • $0Auto loans
  • $0Other consumer loans
  • $27,342Commercial and industrial loans

List of branches

  • 5 District Of Columbia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    4362095K Street Branch2001 K Street Nw, Washington, DC 20006May 22, 2001Full Service Brick and Mortar
    7431742Dupont Circle Branch1228 Connecticut Avenue Nw, Washington, DC 20036April 29, 2004Full Service Brick and Mortar
    9443456Mcpherson Square Branch1425 K Street, Nw, Washington, DC 20005January 31, 2005Full Service Brick and Mortar
    13453090Georgetown Branch1044 Wisconsin Avenue N.W., Washington, DC 20007June 26, 2006Full Service Brick and Mortar
    18264006Dc Branch700 7th Steet Nw, Washington, DC 20004June 30, 1989Full Service Brick and Mortar
  • 8 Maryland Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    061426Eaglebank7815 Woodmont Avenue, Bethesda, MD 20814July 20, 1998Full Service Brick and Mortar
    1290798Rockville Branch110 North Washington St, Rockville, MD 20850July 20, 1998Full Service Brick and Mortar
    2290799Silver Spring Branch8677 Georgia Ave, Silver Spring, MD 20910July 20, 1998Full Service Brick and Mortar
    5363694Shady Grove Branch9600 Blackwell Rd, Rockville, MD 20850March 18, 2002Full Service Brick and Mortar
    8437833Tech Road Branch11961 Tech Road, Silver Spring, MD 20904December 01, 2004Limited Service Messenger
    10453540Chevy Chase Branch15 Wisconsin Circle, Chevy Chase, MD 20815May 15, 2006Full Service Brick and Mortar
    16479350Rollins Branch130 Rollins Ave, Rockville, MD 20852September 10, 2007Full Service Brick and Mortar
    17498640Park Potomac Branch12505 Park Potomac Ave, Potomac, MD 20854November 02, 2009Full Service Brick and Mortar
  • 1 Virginia Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    15466359Tyson Corner Branch8601 Westwood Center Dr, Vienna, VA 22182June 21, 2007Full Service Brick and Mortar

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