EAGLE BANCORP INC - FORM 8-K - EX-99 - EXHIBIT 99.1

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8-K - FORM 8-K - EAGLE BANCORP INC	f8k_030811.htm

Ticker: EGBN
www.eaglebankcorp.com

March 2011

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 which by their nature, are not
susceptible to accurate forecast and are subject to significant uncertainty. For details on factors
that could affect these expectations, see the risk factors and other cautionary language included in
the Company’s Annual Report on Form 10-K and other periodic and current reports filed with the
SEC. 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.

For further information on the Company please contact: Michael T. Flynn

Executive Vice President

240-497-2040

mflynn@eaglebankcorp.com

Company Overview

Eagle Bancorp, Inc. is a rapidly growing commercial bank headquartered in

Bethesda, Maryland

o $2.1 billion in assets, focused on Washington, DC Metro Area with 13 branches

o Commercially oriented business model with deep relationships on loan and deposit side

of balance sheet

o 2nd largest bank headquartered in Maryland by Assets and Market Capitalization

Positioned as an alternative solution between small community banks and regional /

money center banks

o Growth oriented culture based on sales and service

o Provides customers with immediate access to senior management/decision-makers with

local market knowledge

o Largest deposit market share in Washington, DC (proper) of any locally-based bank, and

5th largest locally-based bank in the Metro Area

o Quickly becoming the leading community bank in the Washington, DC Metro Area

Note: Financial data at December 31, 2010. Deposit market share data as of June 30, 2010.

History of Growth

Founding members had extensive banking experience

Raised $16.5 million in initial subscription offering - 1997*

Commenced operations with three Maryland branches - July, 1998

Second subscription offering raised $30 million - 2003*

Reached $500 million in assets in 2004

Private placement of $12.1 million of subordinated debt - August 2008 (Current balance $9.3 million)

Fidelity & Trust Financial Corporation (“F&T”) acquisition completed - August 31, 2008

$1.4 billion of assets upon completion of acquisition

Placed $38.2 million of TARP Preferred Stock - December, 2008 (Current balance $23.2 million)

$55 million common stock offering - September, 2009*

Reached $2.0 billion in assets - September, 2010

Eight consecutive quarters of increasing Net Income through December, 2010

*1997, 2003 and 2009 subscription offerings were over subscribed

Note: Data at December 31, 2010 unless otherwise noted. (1) This constitutes a non-GAAP financial measure. Please refer to the GAAP reconciliation in the appendices on

Page 43 for a discussion on non-GAAP financial measures and a reconciliation to the most comparable GAAP measures.

EagleBank Locations

Tyson's Corner

Montgomery County

Prince George’s
County

Alexandria

Arlington

Fairfax County

Loudoun
County

Washington, DC

Reston

Financial Indicators - Regional Peer Analysis

Note: Regional peers includes publicly-traded commercial banks with Assets between $1 and $5 billion and headquartered in Washington, DC, Virginia, West Virginia, Maryland, Pennsylvania
and Delaware who reported at all reporting periods shown above.

Source: SNL Financial

Financial Indicators - Local Peer Analysis

Note: Bank level data for local peers in the Washington D.C. metro area: Access National Bank, Alliance Bank Corp., Cardinal Bank, Community Bank of Tri-County, Frederick County Bank,
Sandy Spring Bank and Virginia Commerce Bank.

Source: SNL Financial

Consistent Balance Sheet Growth

(1) Regional peers includes publicly-traded commercial banks with assets between $1 and $5 billion and headquartered in Washington, DC, Virginia, West Virginia, Maryland, Pennsylvania and

Delaware who reported total assets at all reporting periods shown above.

Source: SNL Financial

Consistent Net Income Growth

(1) Regional peers includes publicly-traded commercial banks with assets between $1 and $5 billion and headquartered in Washington, DC, Virginia, West Virginia, Maryland, Pennsylvania and

Delaware who reported net income or loss for all reporting periods shown above.

Source: SNL Financial

$5,054

Pre-Tax, Pre-Provision Income

(1) Regional peers includes publicly-traded commercial banks with assets between $1 and $5 billion and headquartered in Washington, DC, Virginia, West Virginia, Maryland, Pennsylvania and Delaware

who reported pre-tax pre-provision net revenues for all reporting periods shown above.

Source: SNL Financial

$11,489

Washington, D.C. Metro Area: MD- Montgomery and Prince George's; DC - Washington DC; VA - Arlington, Alexandria, Fairfax, Fairfax (City), Falls Church, Loudon, Prince William, Manassas, Manassas Park

Note: Shaded companies in grey denote those companies headquartered outside of Washington, D.C. Metro Area. Data excludes: E*Trade and UNIFI Mutual Holding Company whose deposits are substantially from
outside of the defined market area.

Source: FDIC, as of June 30, 2010

80%

Loan Portfolio Composition

Loan Portfolio by Type

Loan Portfolio by Location

Note: At December 31, 2010

Total Gross Loans: $1.7 Billion

Geographic Detail of Loan Portfolio

Note: At December 31, 2010

Concentration in quality markets: Washington, DC, Montgomery County,

Fairfax County

Diversified Commercial Real Estate Portfolio

Construction Loans by Type

Investment CRE by Type

Asset Quality remains at a very strong level

An adequate Allowance is being maintained

Commercial focus drives growth of Noninterest Bearing Demand accounts

Taking business from regional/super-regional banks, but demanding relationship pricing

Still have tremendous opportunity based on current market share in DC Metro Area

Deposit Composition Trends

Superior Relationships/Net Interest Margin

Note: Regional peers includes publicly-traded commercial banks with Assets between $1 and $5 billion and headquartered in Washington, DC, Virginia,

West Virginia, Maryland, Pennsylvania and Delaware who reported net interest margin for all periods shown above.

Source: SNL Financial

F&T closed August 31, 2008

Capital Strength

$12.1 million of Sub-debt raised in August, 2008, $2.9 million repaid in September, 2009

$38.2 million of TARP Preferred Stock placed in December, 2008, $15 million redeemed in

December, 2009

$55.2 million raised through common stock offering in September, 2009

Market Information -Washington, DC
Metropolitan Statistical Area

Population 6.2 Million

5th largest market in the U.S.

Employment 2.9 Million

Average annual job creation is 39,500

Highest in net new job growth in the U.S. over last decade

Washington DC Metro area has highest concentration of fastest

growing private companies in U.S. (according to Inc. Magazine)

Gross Regional Product (GRP) $443 Billion

5th largest regional economy in the U.S.

5.3% CAGR in GRP over last 20 years

Federal Government Spending is 34.9% of GRP

Source: Greater Washington Initiative 2010 Regional Report

Largest US Markets, Job Change Dec‘09 - Dec‘10

(000s)

Source: BLS Benchmark, GMU Center for Regional Analysis

Washington, DC

57,500

Unemployment Rate- Largest US Markets

January 2011

6.0

Source: BLS, NOT Seasonally Adjusted

Greater Washington Economy - 2010

Note: Other includes Health/Education, Media
Source: George Mason University, Center for Regional Analysis

Average Sales Price Percent Change Washington MSA

All Housing Types

Source: MRIS, GMU Center for Regional Analysis

Annual Change Annual Change by Month

2007 2008 2009 2010

Current Inventory = 866 Units

Source: The Mayhood Co, December, 2010

Looking Ahead

Focus on organic growth

o Take advantage of dislocation in market

o Hire seasoned lenders

o Increase Northern Virginia footprint

o Focus on relationships to increase deposit penetration

Profitability

o Continued focus on Net Interest Margin

o Grow noninterest components of revenue

o Diligent expense control to drive Efficiency Ratio

o Lower effective tax rate

o Reduce dividend rate by replacing TARP funds with SBLF (Application submitted)

Explore potential acquisitions

Continued emphasis on credit quality

Improve capital position through participation in SBLF (Application submitted)

Why Invest in EGBN?

Driven by Profitability

Superior Net Interest Margin

Emphasis on Core Deposits and Deep Relationship Banking

Strong Organic Growth

Geographic Market Positioning

Experienced and Dedicated Board and Management Team - 17% Insider Ownership

Exceptional Asset Quality Record

Conservative Securities Portfolio

Proven Ability to Execute Acquisitions

EGBN Stock Price Performance

Source: SNL Financial

Price Change (%)

-15.00

-10.00

-5.00

0.00

5.00

10.00

15.00

20.00

25.00

30.00

EGBN

S&P 500

NASDAQ Bank

Appendices

Loan Portfolio Trends

Continued effort to grow C&I and Owner Occupied loans

Loan Portfolio by Risk Rating

Loan portfolio and risk ratings reviewed by independent, third-party

credit review quarterly

Geographic Detail of NPA’s

Note: At December 31, 2010

Portfolio has $3.4 million of net unrealized gains at December 31, 2010

No holdings of GSE equities or bank Trust Preferred or bank Trust Preferred CDOs

Average life of portfolio is 3.9 years

Excludes Federal Reserve and Federal Home Loan Bank stock

Conservative Securities Portfolio

Proven Acquisition Capabilities

Evaluated many acquisition opportunities in 12 year history and

only pursued one transaction - F&T

Acquisition of F&T completed on August 31, 2008

System conversion successfully completed one week after close

Targeted expense savings achieved in methodical and thoughtful

manner, without disrupting relationships with customers

Contributions from key F&T employees have been meaningful

to relationship growth

Adopted best practices of both companies

Fidelity & Trust Acquisition

Strategic Matters:

Strong cultural match

Both institutions were growth oriented

Both institutions were “high touch”

Both institutions were “well connected” to community

Financial Matters:

Stock-for-stock transaction - 1,638,031 shares issued

Acquisition cost - $13.1 million

Price to book value 83%

Business Matters:

Additional six banking offices in Maryland, Washington, DC and Tysons Corner

79 additional employees

Total assets acquired: $471 million

Total loans acquired: $361 million

Total securities acquired: $ 99 million

Total deposits acquired: $385 million

Note: F&T balance sheet data at August 31, 2008.

Experienced Management Team

Historical Balance Sheet

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