EGBN Eagle Bancorp Inc

EagleBank today announced the addition of Douglas L. Vigen as Senior Vice President of its Commercial Real Estate Lending Team in Northern Virginia.

Douglas Vigen has over 24 years of commercial real estate lending experience, most recently with Wells Fargo Bank / Wachovia Bank, N.A. Before that, he was with Bank of America, N.A. in North Carolina, where he served as director of their real estate professional development group.  Mr. Vigen earned his M.A. from The American University in 1988. 

"We are pleased to expand our real estate lending capabilities to commercial borrowers in the Northern Virginia market," EagleBank's Executive Vice President and Chief Lending Officer Martha Foulon-Tonat said in making the announcement.  "Along with his considerable experience, Douglas brings his commitment to personalized service and prompt responsiveness to Northern Virginia's real estate developers and investors."  

"I am delighted to join EagleBank with its ability to make local decisions and meet the financial needs of real estate borrowers," said Douglas Vigen.

Mr. Vigen will report directly to the Chief Lending Officer, Martha Foulon-Tonat, and will lead EagleBank's commercial real estate lending activities in Northern Virginia.  Mr. Vigen's intimate knowledge of the greater Washington, D.C. market and client base will assist EagleBank in its continued earnings growth and expansion into the Northern Virginia market. 

"As we look to grow the number of commercial relationships in Northern Virginia, Douglas' proven track record will lend itself in the highly competitive Northern Virginia market," said Ms. Foulon-Tonat.

ABOUT EAGLE BANCORP, INC. AND EAGLEBANK

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

The EagleBank logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6102

www.eaglebankcorp.com

CONTACT:  EagleBank

          Thomas D. Murphy

          240.497.2042