8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 3, 2010

Eagle Bancorp, Inc.

(Exact name of registrant as specified in its charter)

Maryland	0-25923	52-2061461
(State or other jurisdiction	(Commission file number)	(IRS Employer
of incorporation)		Number)

7815 Woodmont Avenue, Bethesda, Maryland 20814

(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code: 301.986.1800

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2. below):

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01.Other Events

Beginning on May 3, 2010, representatives of Eagle Bancorp, Inc. will hold meetings with, and make presentations to, investors and/or analysts during which they will present a review of the Company’s financial results, business strategies and trends in the Company’s market. Attached as exhibit 99.1 to this report is a series of slides reflecting financial information about the Company that will be presented in such meetings.

The information in this Form 8-K, including exhibit 99.1 attached hereto, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or otherwise subject to the liability of such section, nor shall it be deemed incorporated by reference in any filing of the Company under the Securities Act of 1933 or the Exchange Act, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.

Item 9.01.Financial Statements and Exhibits

(a) Financial Statements of Business Acquired.

      Not applicable.

(b) Pro Forma Financial Information.

      Not applicable.

(c) Shell Company Transactions.

      Not applicable.

(d) Exhibits.

      99.1Investor Presentation — May 2010

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

EAGLE BANCORP, INC.
By:	/s/ Ronald D. Paul
	Ronald D. Paul, President, Chief Executive Officer

Dated: May 3, 2010

EX-99

Ticker: EGBN
www.eaglebankcorp.com

1

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

2

History of Growth

nFounding members had extensive banking experience

nRaised $16.5 million in initial subscription offering - 1997*

nCommenced operations with three Maryland branches - July, 1998

nSecond subscription offering raised $30 million - 2003*

nReached $500 million in assets in 2004

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

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

n$1.4 billion of assets upon completion of acquisition

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

n$55 million common stock offering - September, 2009

nReached $1.8 billion in assets - December, 2009

*1997, 2003 and 2009 subscription offerings were over subscribed

3

Summary Statistics - March 31, 2010

4

Company Overview

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

o$1.8 billion in assets, focused on Washington, DC Metro Area with 13 branches

oCommercially oriented business model with deep relationships on loan and deposit side of
balance sheet

oExpanded franchise in 2008 through acquisition of F&T

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

oGrowth oriented culture based on sales and service

oProvides customers with immediate access to senior management/decision-makers with local
market knowledge

oLargest in deposit market share in Washington, DC (proper) of any locally-based bank, and 6th
largest locally-based bank in the Metro Area

oQuickly becoming the leading community bank in the Washington, DC Metro Area

Note: Financial data at March 31, 2010. Deposit market share data as of June 30, 2009.

5

EagleBank Locations

Tyson's Corner

Montgomery County

Prince George’s
County

Alexandria

Arlington

Fairfax County

Loudoun
County

Washington, DC

6

7

Why Invest in EGBN?

ØDriven by Profitability

ØSuperior Net Interest Margin

ØEmphasis on Core Deposits and Deep Relationship Banking

ØStrong Organic Growth

ØGeographic Market Positioning

ØExperienced and Dedicated Board and Management Team

ØExceptional Asset Quality Record

ØConservative Securities Portfolio

ØProven Ability to Execute Acquisitions

8

Key Financial Attributes

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

9

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

10

Net 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 net income or loss for all reporting periods shown above

Source: SNL Financial

$3,391

11

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

12

Loan Portfolio Composition

Loan Portfolio by Type

Loan Portfolio by Location

13

Geographic Detail of Loan Portfolio

Note: At March 31, 2010

nConcentration in quality markets:Washington, DC and Montgomery County,
Fairfax County

nLow levels of exposure to markets hit hardest by real estate downturn

14

Detail of Loan Portfolio

Construction Loans by Type

Income Producing CRE by Type

15

n4 consecutive quarters of improvement in NPA trend

nAdequate Allowance is being maintained

nIf adjusted for impairment reserves related to the F&T acquisition,the allowance
would be over 2.0%

16

nCommercial focus drives growth of Non-interest Bearing Demand accounts

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

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

Deposit Composition

17

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

18

Market Information -Washington, DC
Metropolitan Statistical Area

nPopulation6.2 Million

q5th largest market in the U.S.

nEmployment 2.9 Million

qAverage annual job creation is 37,500

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

qWashington DC Metro area has highest concentration of fastest

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

nGross Regional Product (GRP)$454 Billion

q4th largest regional economy in the U.S.

q3.7% CAGR in GRP over last decade

qFederal Government Spending is 33.3% of GRP

Source: Greater Washington Initiative 2009 Regional Report

19

Greater Washington Economy 2009

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

20

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, 2009

21

Capital Strength

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

n$38.2 million of TARP Preferred Stock placed in December, 2008, $15 million redeemed in
December, 2009

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

22

Looking Ahead

nFocus on organic growth

oTake advantage of dislocation in market

oHire seasoned lenders

oIncrease Northern Virginia footprint

oFocus on relationships to increase deposit penetration

nProfitability

oContinued focus on Net Interest Margin

oGrow noninterest components of revenue

oDiligent expense control to improve Efficiency Ratio

oLower effective tax rate

oContinued evaluation of redemption of remaining TARP funds

nPotential acquisitions

nContinued emphasis on credit quality

23

Appendices

24

Loan Portfolio Trends

nFocus on reducing construction as a percentage of the overall portfolio

nContinued effort to grow C&I and Owner Occupied loans

25

Loan Portfolio by Risk Rating

nLoan portfolio and risk ratings reviewed by independent, third-party credit
review quarterly

26

nCommercial focus drives growth of Non-Interest Bearing Demand accounts

nTaking market share from regional/super-regional banks, but demanding relationship
pricing

nQuickly becoming the leading community bank in Washington DC Metro Area

Deposit Composition

27

nPortfolio has $5.3 million of net unrealized gains at March 31, 2010

nNo holdings of GSE equities or bank Trust Preferred or bank Trust Preferred CDOs

nAverage life of portfolio is 3.2 years

nExcludes Federal Reserve and Federal Home Loan Bank stocks

Conservative Securities Portfolio

28

Proven Acquisition Capabilities

nEvaluated many acquisition opportunities in 11 year history and
only pursued one transaction - F&T

nAcquisition of F&T completed on August 31, 2008

nSystem conversion successfully completed one week after close

nTargeted expense savings achieved in methodical and thoughtful
manner, without disrupting relationships with customers

nContributions from key F&T employees have been meaningful to
relationship growth

nAdopted best practices of both companies

29

Fidelity & Trust Acquisition

nStrategic Matters:

qStrong cultural match

qBoth institutions were growth oriented

qBoth institutions were“high touch”

qBoth institutions were “well connected” to community

nFinancial Matters:

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

qAcquisition cost-$13.1 million

qPrice to book value 83%

nBusiness Matters:

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

q79 additional employees

qTotal assets acquired: $471 million

qTotal loans acquired: $361 million

qTotal securities acquired:      $99 million

qTotal deposits acquired: $385 million

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

30

Experienced Management Team

Ronald D. Paul, Chairman

, President

and CEO

Mr. Paul, a founder of EagleBank, has served as Chairman since May 2008, and prior to that time was Vice Chairman and Chief

Executive Officer since the organization of the Company. He also has served as Chairman of the Board of Directors of the Bank

since the organization of the Bank. Since June 2006, he has served as Chief Executive Officer of the Bank. Mr. Paul is also President

of Ronald D. Paul Companies and RDP Management, which are engaged in the business of real estate investment and management

for office and multi-family properties. Mr. Paul was a director of Allegiance Bank and of Allegiance Banc Corporation from 1990

until its acquisition by F&M, including serving as Vice Chairman of the Board of Directors from 1995. Mr. Paul is also active in various

charitable organizations, including serving as Vice Chairman of the Board of Directors of the National Kidney Foundation from 1996 to

1997, and Chairman from 2002 to 2003.

Robert P. Pincus, Vice Chairman of the Board of Directors of Eagle Bancorp, Inc. and EagleBank

Mr. Paul, a founder of EagleBank, has served as Chairman since May 2008, and prior to that time was Vice Chairman and Chief

Executive Officer since the organization of the Company. He also has served as Chairman of the Board of Directors of the Bank

since the organization of the Bank. Since June 2006, he has served as Chief Executive Officer of the Bank. Mr. Paul is also President

of Ronald D. Paul Companies and RDP Management, which are engaged in the business of real estate investment and management for

office and multi-family properties. Mr. Paul was a director of Allegiance Bank and of Allegiance Banc Corporation from 1990 until its

acquisition by F&M, including serving as Vice Chairman of the Board of Directors from 1995. Mr. Paul is also active in various

charitable organizations, including serving as Vice Chairman of the Board of Directors of the National Kidney Foundation from 1996 to

1997, and Chairman from 2002 to 2003.

31

Experienced Management Team

Michael T. Flynn, EVP, Chief Operating Officer of Eagle Bancorp, Inc.

Mr. Flynn has been with EagleBank for 6 years and has served as Chief Operating Officer of Eagle Bancorp, Inc, since June 2006.

He has over 37 years of experience in the banking industry in the Washington, D.C. and Maryland region. Prior to joining EagleBank,

he was the Washington region executive for Mercantile Bankshares Corporation. He previously was the Director of Strategic Planning

for Allfirst Financial, Inc., and prior to that, held several executive level positions for Bank of America and predecessor companies.

Mr. Flynn is a Director of the Workforce Investment Council of the District of Columbia and the Maryland Banking School.

Susan G. Riel,

Senior

EVP, Chief Operating Officer of EagleBank

Ms. Riel, Senior Executive Vice President-Chief Operating Officer of the Bank, and formerly Chief Administrative Officer, previously

served as Executive Vice President-Chief Operating Officer of Columbia First Bank, FSB from 1989 until that institution's acquisition

by First Union Bancorp in 1995. She is one of the founding officers of EagleBank. Ms. Riel has over 29 years of experience in the

commercial banking industry.

Thomas D. Murphy, President,

Retail Banking Division

Mr. Murphy is one of the founding officers of Eagle Bank and has been with the bank for 11years and has served as President-

Maryland Division of the Bank since June 2006. He served at Allegiance Bank from September 1994, including as Executive Vice

President and Chief Operating Officer from December 1995 until November 1997. Prior to his service at Allegiance, he held the

same position at First Montgomery Bank from August 1991 until its acquisition by Sandy Spring National Bank of Maryland in

December1993, and was a Vice President of that organization until September 1994. Mr. Murphy has 34 years of experience in

the commercial banking industry. Active in community affairs, he is past president of the Bethesda-Chevy Chase Chamber of

Commerce.

-

32

Experienced Management Team

Martha Foulon

-

Tonat, EVP, Chief Lending Officer

Ms. Foulon-Tonatis one of the founding officers and has been with EagleBank for 11 years. She previously served at Allegiance

Bank from January 1990 to December 1997. She was Senior Vice President and Chief Lending Officer. Prior to her service at

Allegiance Bank, Ms. Foulon-Tonat served at various commercial banks in the area. She has over 25 years of experience in the

commercial banking industry.

Janice L. Williams, EVP, Chief Credit Officer

Ms. Williams, Executive Vice President and Chief Credit Officer of the Bank, has served the Bank as Credit Officer, Senior

Credit Officer and Chief Credit Officer for the past six years. Prior to employment with the Bank, Ms. Williams was with

Capital Bank, Sequoia Bank, and American Security Bank. Additionally, Ms. Williams, a graduate of Georgetown University

Law Center and a Member of the Maryland Bar, was previously employed in the private practice of law in Maryland.

James H. Langmead, EVP, Chief Financial Officer

, Eagle Bancorp, Inc. and EagleBank

Mr. Langmead, Executive Vice President and Chief Financial Officer of the Company since January 2007, and Executive Vice

President and Chief Financial Officer of the Bank since January 2005, previously served as Chief Financial Officer of Sandy

Spring Bank and Sandy Spring Bancorp. Mr. Langmead, a CPA, served in various financial and senior management roles with

Sandy Spring Bank from 1992 through 2004. Prior to that time, Mr. Langmead managed the finance group at the Bank of Baltimore.

33

34

Historical Quarterly Balance Sheet

35

36

Historical Quarterly Income Statement