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Robert Pincus, Vice Chair of Eagle Bancorp, to Step Down

Company Release - 12/6/2016 4:15 PM ET

BETHESDA, Md., Dec. 06, 2016 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc., (NASDAQ:EGBN), the holding company of Bethesda-based EagleBank, announced that Robert Pincus, Vice Chairman of the Board of Directors of Eagle Bancorp and of EagleBank, will retire from those positions effective December 31, 2016.

Pincus joined the two boards upon the merger of Fidelity & Trust Bank and EagleBank in 2008. At the time, the combined institution had approximately $1.4 billion in assets. Today, EagleBank assets are nearly $7 billion.

“Bob has been a fixture at EagleBank for the past eight years and in the Washington banking community for four decades,” said Ronald D. Paul, Chairman and Chief Executive Officer of Eagle Bancorp and of EagleBank. “We wish Bob and his wife Roxanne much pleasure as they enter the next chapter in their lives.”

"While I am saddened to leave my good friends and colleagues at EagleBank, I feel that this retirement will allow me to pursue many interests which I was unable to explore previously," Mr. Pincus said.  "I am looking forward to spending more time with my wife, son and other family members, to traveling, to teaching, and to volunteering at all the organizations I have long held dear.”

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 21 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.

EagleBank Contact
Ronald D. Paul
301.986.1800

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Source: Eagle Bancorp, Inc.