John Marshall Bancorp, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
January 20, 2021 at 09:00 am EST
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John Marshall Bancorp, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced net interest income was USD 56.839 million compared to USD 48.668 million a year ago. Net income was USD 18.526 million compared to USD 15.921 million a year ago. Basic earnings per share from continuing operations was USD 1.37 compared to USD 1.22 a year ago. Diluted earnings per share from continuing operations was USD 1.35 compared to USD 1.17 a year ago.
John Marshall Bancorp, Inc. is the bank holding company for John Marshall Bank (the Bank). The Bank primarily serves small to medium-sized businesses, their owners and employees, professional corporations, non-profits, and individuals with a range of banking products and financial services. Its products and services include commercial checking, savings, and money market accounts, certificates of deposit, treasury and cash management services, commercial and industrial loans, commercial real estate loans, residential and commercial construction and development loans, online banking, and mobile banking. It has approximately eight full-service branches located in Alexandria, Arlington, Loudoun, Prince William, Reston, and Tysons, Virginia, as well as Rockville, Maryland, and Washington, D.C., with one loan production office in Arlington, Virginia. It is also providing personalized service and convenience to local businesses and professionals in the Washington, D.C. metropolitan area.