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EagleBank Appoints Charles C. Brockett Executive Vice President, Director of Operations

BETHESDA, Md., Dec. 9, 2014 (GLOBE NEWSWIRE) -- EagleBank today announced that Charles C. Brockett has joined the executive team of EagleBank. Brockett was previously an executive at Virginia Heritage Bank ("VHB"), which was acquired by Eagle Bancorp, Inc. on October 31, 2014.



Brockett has been appointed Executive Vice President and Director of Operations of the Bank. Prior to joining EagleBank in October, he served at VHB where he was a founding director, as well as Chief Financial Officer since 2005, and Chief Operating Officer since 2010. From 1998 until 2005, Brockett was Managing Partner of Enterprise Financial Consulting, a financial consulting firm founded by him in 1998. The firm specialized in the areas of accounting, finance and corporate governance. His clients were financial institutions, technology and other middle-market companies. Prior to founding Enterprise Financial Consulting, Brockett spent the majority of his career in banking, which started in 1980, with First Commercial Bank in Arlington, Virginia. During his nearly 16 years with First Commercial Bank until its sale to United Bankshares in 1996, he held positions covering virtually all aspects of the bank including retail banking, loan accounting and servicing, operations, consumer lending, commercial lending and Chief Financial Officer. During his tenure at First Commercial, he also served as a member of the Board of Directors. Brockett is a licensed Certified Public Accountant in the Commonwealth of Virginia.

"We are extremely fortunate to have Chris join EagleBank as a member of the Bank's executive team. A seasoned banker who knows our industry and our market well, he is a valuable addition to our team—a natural fit as we continue to grow in the Washington, DC Metro area," commented Chairman and CEO Ronald D. Paul. "His depth and breadth of experience in the areas of operations and finance will have an immediate and positive impact on the Bank," he concluded.

"I am very pleased to be joining EagleBank—a well-respected local community bank—with its 16+ year history of serving clients and growing shareholder value. I look forward to being part and contributing to EagleBank's bright future," Brockett stated.

ABOUT EAGLE BANCORP, INC. AND EAGLEBANK

Eagle Bancorp, Inc. is the holding company for EagleBank, which commenced operations in 1998. EagleBank is headquartered in Bethesda, Maryland, and conducts full service commercial banking through 22 offices, located in Montgomery County, Maryland, Washington, D.C. and Northern Virginia. EagleBank focuses on building relationships with businesses, professionals and individuals in its marketplace.

www.EagleBankCorp.com

CONTACT: EAGLEBANK CONTACT: Ronald D. Paul 301.986.1800

Source:Eagle Bancorp, Inc.