John Marshall Bancorp第二季淨收入700萬美元創近四年新高 淨息差連九季擴張

EX-99.1
2
jmsb-20260728xex99d1.htm
EX-99.1

Exhibit 99.1

Forward Looking Statements
2
In addition to historical information, this presentation contains forward-looking statements within the meaning of the Private Securities Litigation
Reform Act of 1995 that are based on certain assumptions and describe future plans, strategies and expectations of the Company. These forward-looking statements are generally identified by use of the words “believe,” “expect,” “intend,” “anticipate,” “estimate,” “project,” “will,” “should,” “may,”
“view,” “opportunity,” “potential,” or similar expressions or expressions of confidence. Our ability to predict results or the actual effect of future plans
or strategies is inherently uncertain. Factors which could have a material adverse effect on the operations of the Company and the Bank include,
but are not limited to, the following: the concentration of our business in the Washington, D.C. metropolitan area and the effect of changes in the
economic, political and environmental conditions on this market, including shutdowns and potential reductions in spending by the U.S.
Government, and related reductions in the federal workforce; adequacy of our allowance for loan credit losses, allowance for unfunded
commitments credit losses, and allowance for credit losses associated with our held-to-maturity and available-for-sale securities portfolios;
deterioration of our asset quality; future performance of our loan portfolio with respect to recently originated loans; the level of prepayments on
loans and mortgage-backed securities; liquidity, interest rate and operational risks associated with our business; changes in our financial
condition or results of operations that reduce capital; our ability to maintain existing deposit relationships or attract new deposit relationships;
changes in consumer spending, borrowing and savings habits; inflation and changes in interest rates that may reduce our margins or reduce the
fair value of financial instruments; changes in the monetary and fiscal policies of the U.S. Government, including policies of the U.S. Treasury and
the Board of Governors of the Federal Reserve System; additional risks related to new lines of business, products, product enhancements or
services; increased competition with other financial institutions and fintech companies; adverse changes in the securities markets; changes in the
financial condition or future prospects of issuers of securities that we own; our ability to maintain an effective risk management framework;
changes in laws or government regulations or policies affecting financial institutions, including changes in regulatory structure and in regulatory
fees and capital requirements; compliance with legislative or regulatory requirements; results of examination of us by our regulators, including the
possibility that our regulators may require us to increase our allowance for credit losses or to write-down assets or take similar actions; potential
claims, damages, and fines related to litigation or government actions; the effectiveness of our internal controls over financial reporting and our
ability to remediate any future material weakness in our internal controls over financial reporting; geopolitical conditions, including trade
restrictions and tariffs, and acts or threats of terrorism and/or military conflicts, or actions taken by the U.S. or other governments in response to
trade restrictions and tariffs, and acts or threats of terrorism and/or military conflicts, negatively impacting business and economic conditions in
the U.S. and abroad; the effects of weather-related or natural disasters, which may negatively affect our operations and/or our loan portfolio and
increase our cost of conducting business; public health events (such as the COVID-19 pandemic) and governmental and societal responses
thereto; technological risks and developments, and cyber threats, attacks, or events; changes in accounting policies and practices; our ability to
successfully capitalize on growth opportunities; our ability to retain key employees; deteriorating economic conditions, either nationally or in our
market area, including higher unemployment and lower real estate values; implications of our status as a smaller reporting company and as an
emerging growth company; and other factors discussed in the Company’s reports (such as our Annual Report on Form 10-K, Quarterly Reports on
Form 10-Q and Current Reports on Form 8-K) filed with the Securities and Exchange Commission. These risks and uncertainties should be
considered in evaluating forward-looking statements and undue reliance should not be placed on such statements. The Company does not
undertake, and specifically disclaims any obligation, to publicly release the result of any revisions which may be made to any forward-looking
statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated
events. Annualized, pro forma, projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect
actual results.

3
Company Overview
 John Marshall Bank is a growth-oriented commercial bank
 Celebrated the 20th anniversary in April 2026.
 Highlights as of June 30, 2026:
 Assets - $2.4 billion
 Loans - $2.0 billion
 Deposits - $2.0 billion
 Seasoned executive team with decades of in-market banking experience
 Strategy emphasizes local market growth in loans, core funding, and profitability
while maintaining strong asset quality and delivering tailored banking services – Hire experienced commercial banking and business development officers – Enhance customer experience by leveraging digital platform
– Commercially-oriented bank with focus on deposit-rich industry segments – Diversify loan portfolio and improve funding mix – Grow non-interest income
– Continue to focus on strong operating leverage and uphold rigorous expense control,
while driving profitability – Maintain financial and credit quality discipline

4
Franchise Overview
Main Office/Reston:
1943 Isaac Newton
Reston, VA
District of Columbia:
1625 K Street, NW Tysons Corner:
8229 Boone Blvd.
Tysons Corner, VA
Prince William County:
12701 Marblestone Dr.
Woodbridge, VA
Montgomery County:
11 N. Washington St.
Rockville, MD
City of Alexandria:
640 Franklin St.
Alexandria, VA
Arlington County:
2300 Wilson Blvd.
Arlington, VA
Loudoun County:
540 Fort Evans Road
Leesburg, VA
Eight full-service, regional banking centers serve as business development hubs.

John Marshall Financial Highlights
5
 Bank
commenced
operations in
April 2006
 Chris Bergstrom
named
President and
CEO April 30,
2018
 Commercially-oriented bank
 140 FTE
employees as
of June 30,
2026
Financial Highlights
YTD 2026 profitability ratios are for the six months ended 6/30/2026, annualized.
1 - Non-accruing assets include nonaccrual loans and leases, and foreclosed or repossessed assets.
(1)
($ in millions, unless otherwise noted) Year Ended December 31, YTD
2017 2018 2019 2020 2021 2022 2023 2024 2025 June 30
2026
Balance Sheet
Total Assets $1,175 $1,395 $1,582 $1,885 $2,149 $2,348 $2,243 $2,235 $2,333 $2,402
Loans, net of unearned income 1,007 1,161 1,326 1,563 1,666 1,790 1,860 1,872 1,975 2,015
Total Deposits 897 1,138 1,309 1,640 1,882 2,068 1,907 1,892 1,972 1,993
Capital (Bank level)
Common Equity / Assets 11.0% 10.2% 10.2% 9.9% 10.8% 10.0% 11.1% 11.9% 12.2% 12.3%
Tier 1 Leverage Ratio 11.5% 11.2% 11.9% 11.0% 11.0% 11.3% 11.6% 12.4% 12.5% 12.9%
Total Risk-Based Capital Ratio 14.5% 13.9% 13.5% 14.6% 15.3% 15.6% 15.7% 16.2% 16.3% 16.7%
Profitability
Net Income (in thousands) $8,984 $12,174 $15,921 $18,526 $25,461 $31,803 $5,158 $17,121 $21,233 $13,121
ROAA 0.80% 0.95% 1.08% 1.06% 1.25% 1.40% 0.22% 0.76% 0.93% 1.13%
ROAE 7.14% 8.98% 10.41% 10.49% 12.90% 15.18% 2.32% 7.16% 8.26% 9.77%
Net Interest Margin 3.72% 3.51% 3.40% 3.32% 3.29% 3.16% 2.22% 2.28% 2.68% 2.93%
Non-interest Expense / Average Assets 2.15% 2.23% 1.95% 1.67% 1.58% 1.40% 1.33% 1.41% 1.48% 1.59%
Efficiency Ratio 57.8% 63.5% 57.4% 49.9% 47.7% 44.2% 86.7% 59.7% 53.6% 51.8%
Asset Quality
Non-Accruing Assets / Assets 0.09% 0.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.89% 0.84% 0.81% 1.09% 1.20% 1.13% 1.05% 1.00% 1.00% 1.00%
Allowance for Credit Losses / Total
Loans
NCOs / Average Loans (annualized) 0.07% 0.03% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.02% 0.01%

Investment Attributes
6
Rewarding Our
Shareholders
Attractive
Market
Credit
Discipline
Prime for
Future
Growth
Experienced
Management

Leveraging Technology
7
Selective FinTech partnerships provide
operating leverage and fuel additional growth
Customer
Experience
Operating
Efficiencies
Risk
Mitigation
FinTech Partnership Benefits
Various FinTech Partnerships

Executive Leadership
8
Chris Bergstrom
President & CEO
Chris Bergstrom has over 44 years of experience in the banking industry. Before joining John Marshall
Bank, Mr. Bergstrom served in a variety of executive positions during 19 years with Cardinal Financial
Corporation and Cardinal Bank, most recently serving as President and Chief Executive Officer from
October 2015 until United Bankshares, Inc.’s acquisition of Cardinal in April 2017. He was also President
of United Bank from April 2017 to April 2018. Mr. Bergstrom recently served as the Chairman of the
Board of the Virginia Bankers Association. Mr. Bergstrom received his Master of Science in Finance
from Virginia Commonwealth University and a Bachelors of Business Administration degree from
James Madison University.
Kent Carstater
SEVP, Chief Financial
Officer
Andy Peden
SEVP, Chief Banking
Officer
Andrew Peden is the Chief Banking Officer at John Marshall Bank, and was the Chief Lending Officer
for four years before being promoted to his current position. Prior to joining John Marshall Bank, he
had over 18 years of banking experience, all but one year with Cardinal Bank. Mr. Peden received a
Bachelor of Science degree in business from the University of Richmond – Robins School of Business.
He is involved in both the business and local community, by serving on the Board of the VBA
Management Services, Inc., a subsidiary of the VBA, and as a volunteer youth sports coach in
Arlington, VA.
Kent Carstater has over 28 years of financial services experience. He has responsibility for accounting,
financial, human resources, information technology, investor relations and risk management
operations. Mr. Carstater also chairs the Company’s Asset/Liability management committee. He
joined John Marshall Bank in July 2016 as Senior Vice President of Market Risk Management,
overseeing the Bank’s liquidity, asset/liability, investment, capital planning and strategic planning
functions. From 2012 to 2016, Mr. Carstater served as a Senior Vice President and Treasurer at the Bank
of Georgetown. In that role, he was responsible for financial and risk management, investor relations,
capital markets activities and strategic planning. Prior to becoming a commercial banker in 2012, he
advised community bank executives on strategic matters as an investment banker and founded a
private equity firm focused on investing in financial institutions. Mr. Carstater earned his Bachelors of
Science from Virginia Tech in Finance and Masters of Business Administration from the Darden School
of Business at the University of Virginia.

3.8 3.9 3.9
4.2
4.8 4.9
Attractive Metro Markets
9
Educational Attainment % (>=Bachelors Degree) Unemployment Rate % (April 2026, NSA)
Median Household Income $ (2026) Projected Population Growth % (2026-2031)
Sources: S&P Global Market Intelligence, Bureau of Economic Analysis and data.census.gov. Blue line represents the average of the six metro markets shown
7.28
2.80
1.21
0.51
(0.67) (0.93)
141,259
131,627
105,148 102,146
97,107 96,369
54.5 53.6
43.9
41.1 39.4 37.6 

Market Growth + Consolidation = Unique Opportunity
10
Data as of: 6/30/2013 Data as of: 6/30/2025
Figures represent market deposits within the Washington, D.C. MSA
Market Deposit
Deposits Market
Company ($000) Share (%)
1 Wells Fargo & Co. (CA) 23,769,182 15.3%
2 Capital One Financial Corp. (VA) 22,128,708 14.2%
3 Bank of America Corporation (NC) 21,404,120 13.8%
4 SunTrust Banks Inc. (GA) 16,657,678 10.7%
5 BB&T Corp. (NC) 13,255,025 8.5%
6 PNC Financial Services Group (PA) 10,708,198 6.9%
7 Citigroup Inc. (NY) 6,617,764 4.3%
8 M&T Bank Corp. (NY) 4,062,737 2.6%
9 HSBC Holdings 3,270,777 2.1%
10 Toronto-Dominion Bank 3,025,720 1.9%
11 Eagle Bancorp Inc (MD) 2,904,390 1.9%
12 Sandy Spring Bancorp Inc. (MD) 2,277,639 1.5%
13 Burke & Herbert Bank & Trust (VA) 2,204,402 1.4%
14 Virginia Commerce Bank 2,192,719 1.4%
15 Cardinal Financial Corporation (VA) 2,130,662 1.4%
16 United Bankshares Inc. (WV) 2,037,632 1.3%
17 WashingtonFirst Bankshares, Inc. (VA) 970,001 0.6%
18 Middleburg Financial Corporation (VA) 922,039 0.6%
19 Old Line Bancshares, Inc. (MD) 794,410 0.5%
20 Bank of Georgetown (DC) 772,085 0.5%
21 Virginia Heritage Bank (VA) 729,530 0.5%
22 Access National Corporation (VA) 669,547 0.4%
23 Fauquier Bankshares Inc. (VA) 519,869 0.3%
24 Community Finl Corp. (MD) 519,106 0.3%
25 Acacia Federal Savings Bank (VA) 496,612 0.3%
26 Presidential Bank, FSB (MD) 491,880 0.3%
27 John Marshall Bancorp Inc. (VA) 430,564 0.3%
28 Southern National Bncp of VA (VA) 407,428 0.3%
29 FVCBankcorp Inc. (VA) 392,992 0.3%
Other 8,703,727 5.6%
Shading indicates community banks headquartered in Washington D.C. MSA
Market Deposit
Deposits Market
Company ($000) Share (%)
1 Capital One Financial Corp. (VA) 73,187,547 23.3%
2 Bank of America Corporation (NC) 50,352,196 16.0%
3 Truist Financial Corp. (NC) 39,680,735 12.6%
4 Wells Fargo & Co. (CA) 34,250,728 10.9%
5 The PNC Finl Svcs Grp (PA) 16,438,136 5.2%
6 Atlantic Union Bkshs Corp. (VA) 13,103,283 4.2%
7 United Bankshares Inc. (WV) 10,482,772 3.3%
8 Citigroup Inc. (NY) 10,425,000 3.3%
9 Eagle Bancorp Inc (MD) 9,133,475 2.9%
10 Forbright Inc. (MD) 6,012,464 1.9%
11 The Toronto-Dominion Bank 5,995,501 1.9%
12 M&T Bank Corp. (NY) 5,751,392 1.8%
13 JPMorgan Chase & Co. (NY) 4,449,940 1.4%
14 Burke & Herbert Finl Svcs Corp (VA) 3,577,108 1.1%
15 Capital Bancorp Inc. (MD) 2,276,757 0.7%
16 Pinnacle Financial Partners (GA) 2,191,341 0.7%
17 John Marshall Bancorp Inc. (VA) 1,902,834 0.6%
18 FVCBankcorp Inc. (VA) 1,871,647 0.6%
19 MainStreet Bcshs (VA) 1,803,702 0.6%
20 HSBC Holdings plc 1,799,380 0.6%
21 National Capital Bancorp (DC) 1,520,389 0.5%
22 WesBanco Inc. (WV) 1,436,267 0.5%
23 Workers United (PA) 1,319,676 0.4%
24 Chain Bridge Bancorp Inc. (VA) 1,294,664 0.4%
25 Primis Financial Corp. (VA) 1,148,934 0.4%
26 Eagle Financial Services Inc. (VA) 974,189 0.3%
27 Freedom Finl Holdings Inc. (VA) 919,211 0.3%
28 Presidential Holdings Inc. (VA) 902,168 0.3%
29 Trustar Bankshares (VA) 858,532 0.3%
Other 9,659,317 3.1%

Second Quarter 2026 Highlights
11
★ Earnings Growth Momentum
o Net income of $7.0 million for the quarter ended June 30, 2026 represented a 15.0% increase over the $6.1 million net income reported
for the quarter ended March 31, 2026 or an annualized quarter-over-quarter increase of 60.4%.
o The quarter ended June 30, 2026 represented the eighth consecutive quarter of net income growth and marked the highest level of
net income since the fourth quarter of 2022.
★ Sustained Net Interest Margin Expansion
o Net interest margin grew by 12 basis points during the most recent quarter to 2.99% compared to 2.87% for the first quarter of 2026 and
2.69% for the second quarter of 2025.
o This represents the ninth consecutive quarterly net interest margin expansion.
★ Strong Loan Growth
o The Company’s loan portfolio, net of unearned income, grew $41.2 million or 8.4% annualized during the second quarter of 2026.
o Loans, net of unearned income, increased $98.0 million or 5.1% from June 30, 2025 to June 30, 2026.
o Total loans exceeded $2.0 billion for the first time in the Company’s history.
★ Focus on Core Deposit Growth
o The Company remains focused on driving value through core deposit growth.
o For the twelve months ended June 30, 2026, total deposits increased $96.1 million or 5.1%.
★ Positive Operating Leverage
o Total revenue (net interest income plus non-interest income) grew 21.7% for the quarter ended June 30, 2026 relative to the quarter
ended June 30, 2025, while non-interest expense increased 14.2% over the same period.
o This positive trend in operating leverage improved the efficiency ratio from 53.9% to 50.5% over the same period.
★ Strong Asset Quality
o Overall credit quality of the loan portfolio remains exceptional.
o As of June 30, 2026, the Company did not have any non-accrual loans and had no other real estate owned assets.
★ Growing Book Value per Share and Higher Dividends
o Book value per share increased from $17.83 as of June 30, 2025 to $19.40 as of June 30, 2026, an 8.8% increase.
o On July 21, 2026, the Company’s Board of Directors declared a quarterly cash dividend of $0.10 per share on the Company’s common
stock. The dividend is payable on August 26, 2026 to shareholders of record at the close of business on August 5, 2026.
o The quarterly cash dividend represents an 11.1% increase over the quarterly cash dividend of $0.09 declared on April 28, 2026.
★ Robust Capitalization
o Each of the Bank’s regulatory capital ratios remained well in excess of the regulatory well-capitalized thresholds as of June 30, 2026.

Balance Sheet Growth
12
2017-2025 Compound Annual Growth Rates (CAGR)
9.0% 8.8%
10.3%
12.0%
Assets Loans, net of
unearned income
Deposits Non-Interest
Bearing Deposits

Loan Portfolio Composition
13
• The Company’s loan pipeline remained strong with
$113.9 million in new commitments recorded
during the quarter ended June 30, 2026. • 96.7% improvement over the $57.9 million in new
commitments recorded in the quarter ended
March 31, 2026. • The Company’s loan pipeline at 6/30/2026 was
robust and gaining momentum. We saw increased
lending opportunities that meet our underwriting
standards. • The Company remains steadfast in adhering to our
strict underwriting standards and the diligent
management of the portfolio. • Tax-equivalent yield on total loans of 5.53% for the
three months ended June 30, 2026.
CRE - Owner Occupied
16.5%
CRE - Non-owner
Occupied
38.1%
Multifamily
4.8%
Commercial
2.5%
Residential Real Estate
25.3%
Consumer
1.4%
CRE & Land
Development
Construction
5.3%
Residential Construction
6.0%
Data as of June 30, 2026.

Bond Portfolio
14
★As of June 30, 2026, 95% of our bond
portfolio carried the implied guarantee of
the United States government or one of its
agencies.
★Cash flows from the investment portfolio
are projected to average $2.9 million per
month through the rest of 2026.
1.99% 2.01% 2.04% 2.11% 2.10% 2.13%
2.32%
2.46%
3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26
Bond Portfolio Yield
★As of June 30, 2026, the available-for-sale portfolio had a
weighted average life of 3.5 years and the held-to-maturity
portfolio had a weighted average life of 4.9 years.
Debt Securities Portfolio as of June 30, 2026
Estimated
Fair Value
Percentage
of total
Amortized
(Dollars in thousands) Cost
Available-for-sale
U.S. Treasuries $ - - $ - U.S. government and federal agencies 4,991 2.2% 4,800
Corporate bonds 3,000 1.3% 2,881
Collateralized mortgage obligations 28,440 12.7% 22,966
Municipal 1,378 0.6% 1,228
Mortgage-backed 98,932 44.3% 94,998
Total Available-for-sale Securities $ 136,741 61.2% 126,873
Held-to-maturity
U.S. Treasuries $ 6,003 2.7% $ 5,704
U.S. government and federal agencies 35,297 15.8% 32,236
Collateralized mortgage obligations 15,453 6.9% 12,332
Municipal 6,016 2.7% 5,280
Mortgage-backed 24,023 10.7% 20,182
Total Held-to-maturity Securities $ 86,792 38.8% $ 75,734
Total Debt Securities $ 223,533 100.0% $ 202,607 

Increasing Financial Returns
15
Return on Average Assets Return on Average Equity
(1) Annualized, data as of June 30, 2025.
(2) Annualized, data as of June 30, 2026.
(1) (2) (2)
7.16%
8.26% 7.91%
9.77%
2024 2025 1H25 1H26
0.76%
0.93% 0.89%
1.13%
2024 2025 1H25 1H26
(1)
$1.20
$1.50
$0.69
$0.93
2024 2025 1H25 1H26
Diluted Earnings Per Share

$10.05
$11.01
$12.34
$13.68
$15.17 $15.09
$16.25
$17.28
$18.69
$17.83
$19.40
2017 2018 2019 2020 2021 2022 2023 2024 2025 6/30/25 6/30/26
Per Share Performance
16
Book Value Per Share

Net Interest Margin Expansion
17
Net Interest Margin/ Net Interest Income Growth
 Net interest margin expanded during the last nine consecutive quarters and grew
88 basis points from the first quarter of 2024.
 Since the first quarter of 2024, yield on interest-earning assets increased 30 basis
points, while rate on interest-bearing liabilities decreased 68 basis points.
 Net interest income grew by $2.4 million to $17.3 million during the quarter ended
June 30, 2026, as compared $ $14.9 million in the prior year quarter.
$11,744 $12,081
$13,156
$14,066 $14,097 $14,926 $15,600 $15,940 $16,509 $17,334
2.11%
2.19%
2.30%
2.52%
2.58%
2.69% 2.72% 2.73%
2.87%
2.99%
1.80%
2.00%
2.20%
2.40%
2.60%
2.80%
3.00%
3.20%
3.40%
 $-
 $2,000
 $4,000
 $6,000
 $8,000
 $10,000
 $12,000
 $14,000
 $16,000
 $18,000
 $20,000
Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26
Net Interest Income and Margin Trend
Net Interest Income Net Interest Margin
4.83% 4.85% 4.97% 5.01% 4.99% 5.03% 5.06% 4.99% 5.07% 5.13%
3.81% 3.81% 3.86% 3.62% 3.48%
3.38% 3.37% 3.28% 3.15% 3.13%
Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26
Yield and Cost Trends
Total interest-earning assets Total interest-bearing liabilities
(Dollars in thousands)

Prudent Expense Management
18
 Stable non-interest expense over the preceding three
years as a result of management’s prudent cost control.
 As of June 30, 2026 the average bank non-interest
expense to average assets was 2.6%(1). Our non-interest
expense to average assets as of June 30, 2026 was 1.6%
or 62% of the average bank non-interest expense ratio.
 Our expense base is approximately $23 million or 38%
lower than the level implied by the FDIC average.
 Incentive compensation accruals can fluctuate
materially from quarter to quarter based on the
Company’s financial performance and other evaluation
criteria.
(1) FDIC – All banks' data is sourced from the FDIC’s Quarterly Banking Profile as of March 31, 2026.
(2) Annualized, data as of June 30, 2026.
Non-Interest Expense
($ in thousands) Year Ended December 31,
2023 2024 2025 1H 25 1H 26 % Change
Salaries and employee benefits $ 19,436 $ 19,240 $ 20,729 $ 10,277 $ 11,777 14.6%
Occupancy expense of premises 1,811 1,760 1,544 814 802 -1.5%
Furniture and equipment expenses 1,178 1,220 1,285 630 693 10.0%
Other operating expenses 8,390 9,589 10,009 4,840 5,141 6.2%
Total Non-interest Expense $ 30,815 $ 31,809 $ 33,567 $ 16,561 $ 18,413 11.2%
2.2% 2.2%
2.0%
1.7%
1.4%
1.3% 1.3%
1.4% 1.5%
1.6%
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Non-Interest Expense to Average Assets
(2)

$0.20
$0.22
$0.25
$0.30
$0.40
 $0.15
 $0.20
 $0.25
 $0.30
 $0.35
 $0.40
 $0.45
2022 2023 2024 2025 2026
Annualized Per Share Cash Dividends
Growing Dividends
19
 On January 28, 2026, the Company initiated a quarterly cash dividend.
 During the first and second quarters of 2026, the Board of Directors declared two
quarterly cash dividends of $0.09 per share. On July 21, 2026, the Company’s
Board of Directors declared an increased, quarterly cash dividend of $0.10 per
share on the Company’s common stock.
 This annualized, per share amount equates to a 33.3% increase over the 2025
annual cash dividend.
(1) Based on quarterly cash dividend declared of $0.10 per common share in July 2026.
(1)
(1)

Decreasing Concentration
20
• $1.1 billion in CRE loans, net of unearned fees as of 6/30/2026. • 99.8% of CRE portfolio is within the DC MSA as of 6/30/2026. • No equity capital issuance since November 2013.
Acquisition, Development & Construction Loans
as a percentage of Total Risk-Based Capital
Commercial Real Estate (Investor) Loans
as a percentage of Total Risk-Based Capital
CRE Investor Portfolio has grown 18.7% over the past 36 months; below 50% regulatory threshold.
$22.5MM of subordinated
148% debt became Bank capital
120%
126% 126%
130%
121%
111% 109%
94%
84%
73%
62% 64%
53% 55% 58%
62%
72% 70%
407%
379%
411% 413%
403%
384%
367% 365%
340%
335% 338%
319%
338%
328%
336%
342% 341% 343%
337%

Disciplined Credit Culture
21
Asset Quality Capital Allowance for Credit Losses
• Conservative reserve methodology
• ACL of 1.00% of loans
• “Well-Capitalized” under Basel III • Stress testing on a quarterly basis
• Holding company provides capital
alternatives
• Historically, the Bank has exhibited
excellent loan quality with low levels of
classified loans
• No non-accrual loans, OREO or
substandard loans.
Diversification Market Analysis Stress Testing
• Bank utilizes a rigorous third-party loan
review program
• Quarterly stress testing of LTV and debt
service coverage ratios
• Targeted stress testing completed over
CRE portfolio to assess changes in LTV
when stressing collateral values and DSCR
changes upon future repricing
• Bank receives market analysis, both on
a national and local basis from a
variety of sources
• CRE portfolio is diversified among retail,
multifamily, restaurants, shopping
centers, churches, warehouses and other
loan types
• ADC and CRE concentrations have been
reduced from 148% and 407%,
respectively, at 9/30/2017 (post-subordinated debt) to 70% and 337%
Credit Selection Board Oversight Leverage Technology
• Utilize bank-specific CRM application to
increase efficiency and optimize loan
process management • Utilize leading construction finance
management software
• Concentration and monitoring
information provided to the Board at
least quarterly
• RMs focus on experienced business
owners with financial capacity
• Relatively low individual officer discretionary
loan authority levels; committee approval
Unless indicated otherwise, data as of 6/30/2026.

Exceptional Asset Quality
22
Non-Accruing Assets¹ / Assets (%)
(1) Non-accruing assets include nonaccrual loans and leases, and foreclosed or repossessed assets.
(2) Data as of June 30, 2026.
(3) FDIC – All Banks data is sourced from the FDIC’s Quarterly Banking Profile as of March 31, 2026.
 At March 31, 2026, the FDIC peer loans and leases 30 days or more past
due or in nonaccrual status level of 1.44% would equate to approximately
$29 million of non-accruing assets.
 As of June 30, 2026, the Company had no non-accruing assets.
(2)
(3)
0.32%
0.01%0.09% 0.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00%
0.50%
1.00%
1.50%
2.00%
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026

Strong Capital Ratios
23
5.0%
6.5%
8.0%
10.0%
12.5%
15.2% 15.2%
16.3%
12.9%
15.6% 15.6%
16.7%
3.0
5.0
7.0
9.0
11.0
13.0
15.0
17.0
19.0
Leverage ratio Common equity
tier 1 ratio
Tier 1 risk-based capital Total risk-based
capital ratio Ratios (%)
Bank Regulatory Capital Ratios
Well-Capitalized Threshold December 31, 2025 June 30, 2026

Capital Management: Share Repurchases
24
 The Company announced an extension of the
share repurchase authorization of 700,000 shares.  The Company repurchased over 240,000 shares at a
weighted average price of $18.59.
 The Company may selectively continue
repurchasing shares subject to market conditions,
securities laws, and capital management priorities,
among other decision criteria.