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): November 30, 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):

[ ]   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

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

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

[ ]   Pre-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 November 30, 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.

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.

99.1 Investor Presentation — November 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: November 30, 2010

EX-99

Ticker: EGBN
www.eaglebankcorp.com

FBR Capital Markets Fall Investor Conference

November 30, 2010

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

Company Overview

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

            o     $2.0 billion in assets, focused on Washington, DC Metro Area with 12 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 September 30, 2010. Deposit market share data as of June 30, 2010.

3

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

*1997, 2003 and 2009 subscription offerings were over subscribed

4

Summary Statistics - September 30, 2010

5

EagleBank Locations

Tyson's Corner

Montgomery County

Prince George’s
County

Alexandria

Arlington

Fairfax County

Loudoun
County

Washington, DC

Resto
n

6

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 37,500

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 33.3% of GRP

Source: Greater Washington Initiative 2010 Regional Report

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

(000s)

Washington + 20,500

Source: BLS Benchmark, GMU Center for Regional Analysis

7

Unemployment Rate - Largest US Markets
May 2010

Source: BLS, Not Seasonally Adjusted

6.0

US 9.3 %

8

9

Greater Washington Economy

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

10

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

11

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

12

Consistent Net Income Growth

Peer CAGR: 0.2%¹

(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

$4,766

13

Financial Indicators - Regional PeerAnalysis

Note: Regional peer data is average for 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

14

Loan Portfolio Composition

Loan Portfolio by Type

Loan Portfolio by Location

Note: At September 30, 2010

Total Gross Loans: $1.5 Billion

15

Diversified Commercial Real Estate Loans

Construction Loans by Type

Income Producing CRE by Type

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

16

New Condominium InventoryWashington, DC

Current Inventory = 714 Units

2005

2006

2007

2008

2009

2010

Source: The Mayhood Co, October, 2010

17

18

Asset Quality remains at a very strong level

An adequate Allowance is being maintained

19

Loan Portfolio Trends

Focus on reducing construction as a percentage of the overall portfolio

Continued effort to grow C&I and Owner Occupied loans

20

Commercial focus drives growth of Non-interest 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

21

Superior Relationships = Superior 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

22

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

23

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 improve Efficiency Ratio

                      o          Lower effective tax rate

                      o          Continued evaluation of redemption of remaining TARP funds

Potential acquisitions

Continued emphasis on credit quality

24

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

25

Any Questions ?

26

Appendices

27

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

28

Geographic Detail of Loan Portfolio

Note: At September 30, 2010

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

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

29

Loan Portfolio by Risk Rating

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

Geographic Detail of NPA’s

30

31

Commercial focus drives growth of Non-Interest Bearing Demand accounts

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

Quickly becoming the leading community bank in Washington DC Metro Area

Deposit Composition

32

Portfolio has $8.1 million of net unrealized gains at September 30, 2010

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

Average life of portfolio is 3.2 years

Excludes Federal Reserve and Federal Home Loan Bank stock

Conservative Securities Portfolio

EagleBank Deposit Market Share

33

34

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

35

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.

Minimal Impact from Dodd-Frank Regulatory
Reform

Increase in FDIC Limit to $250,000 is a plus

Revision to FDIC assessment base is a relative benefit to
     community banks

No impact on EagleBank from the Volker Rule

No direct impact on EagleBank from new derivatives rules.
     Impact on overall derivatives markets to be determined

Current organization structure is equipped to manage reporting
     requirements

Modest impact to Debit and Credit Card fees

New proxy rules are similar to prior experience from TARP

36

37

38

Experienced Management Team

Experienced Management Team

40

Experienced Management Team

41

42

Historical Quarterly Balance Sheet

43

44

GAAP Reconciliation

45

	September 30,	December 31,	September 30,	December 31,	March 31,	June 30,	September 30,
(dollars in thousands except per share data)	2008	2008	2009	2009	2010	2010	2010
Common stockholders' equity	$100,593	$105,259	$164,975	$165,709	$170,016	$174,250	$179,764
Less: Intangible assets	(2,863)	(2,533)	(4,447)	(4,379)	(4,347)	(4,277)	(4,242)
Tangible common equity	$97,730	$102,726	$160,528	$161,330	$165,669	$169,973	$175,522
Book value per common share	$7.93	$8.34	$8.46	$8.48	$8.66	$8.87	$9.14
Less: Intangible book value per common share	(0.23)	(0.27)	(0.23)	(0.22)	(0.22)	(0.22)	(0.22)
Tangible book value per common share	$7.70	$8.07	$8.23	$8.26	$8.44	$8.65	$8.92
Total assets	$1,457,545	$1,496,827	$1,682,773	$1,805,504	$1,832,991	$1,937,265	$2,006,146
Less: Intangible assets	(2,863)	(2,533)	(4,447)	(4,379)	(4,347)	(4,277)	(4,242)
Tangible assets	$1,454,682	$1,494,294	$1,678,326	$1,801,125	$1,828,644	$1,932,988	$2,001,904
Tangible common equity ratio	6.72%	6.87%	9.56%	8.96%	9.06%	8.79%	8.77%
Tangible common equity to tangible assets (the "tangible common equity ratio") and tangible book value per common share are non-GAAP financial
measures derived from GAAP-based amounts. We calculate tangible common equity to tangible assets by excluding the balance of intangible assets
common stockholders' equity and dividing by tangible assets. We calculate tangible book value per common share by dividing tangible common equity
by common shares outstanding, as compared to book value per common share, which we calculate by dividing common stockholders' equity by common
shares outstanding. We believe that this information is important to shareholders' as tangible equity is a measure that is consistent with the
calculation of capital for bank regulatory purposes, which excludes intangible assets from the calculation of risk based ratios.