伊格尔合众银行 2025年度报告

ANNUALREPORT CEAGLEBANCORP,INC. TOOURSHAREHOLDERS DearShareholders, concentrations,added loanloss reserveswherethe credit cycle warranted it,andaccelerated thediversificationofboth ourloan bookand our deposit franchise. These were not reactive measures. They were the expected consequences of a multi-year repositioning thatis producing tangible results. Our pre-provision net revenue remained strong throughout theyear and despiteoperating losses,ourcapital ratios remain amongthehighest inourpeergroup,and C&l loan andcore deposit growthtwometrics that willshapeourearningstrajectorygoingforwardbothacceleratedmeaningfully.Thebalance sheetwearebuilding is less concentrated,morerelationship-drivenandbetter positioned togeneratedurable shareholder returns across credit cycles. MarketDisruption as CompetitiveOpportunity ofthatscaleinvariablydisplacesclients,disruptsbankerrelationshipsandcreatesawindowforwell-capitalizedcommunitybankswithestablishedlocalpresence Wemovedquickly.Ourmiddle-market bankingteamsaddednewclientrelationships in bothloans anddeposits duringtheyearEagleBank'slong-standingpresence intheWashington,D.C.metropolitanarea,coupledwithourrelationship-drivenmodel,allowedus to welcome new clients seeking stability, responsiveness, and local decision-making. Leadership Transition Afterthoughtful consideration and in close coordination with the Board of Directors,Iannounced my intention to retire in 2026,closing achapterthat hasdefinedmuchofmyprofessional life. Twenty-eight years ago, EagleBank was a different institution-smaller, less complex,and operating in a simpler environment. Whathas not changed is thebeliefthatbanking,doneright,isfundamentallyabout relationships:withcustomers,withcommunities,andwith thepeople who showup everydayto serve them.Buildinga culture aroundthat Relationships FiRST belief-andholdingtothatbeliefand culturethroughrecessions,apandemic,a regional banking crisis,anda sustainedperiodofregulatoryand strategictransformation-istheworkIammostproudof. The EagleBankfranchise that exists todaydidnot evolve byaccident. It was built deliberatelythrough difficult decisions and consistentcorevalues.OurRelationshipsFIRSTcultureisnotatagline:lIt isthereasonclientsremain clients,bankerschooseus,andcommunitiestrustus to achievetheirgoals andobjectives.That culture willoutlast mytenure-and itis,Ibelieve,EagleBank's mostdurablecompetitiveasset. TheBoard has initiatedaformal successionprocess,andIam confident it wil identifyaleaderwho canbuild onthisfoundationMycommitment between now and my departure is thesame as it has always been:steadyexecution,full transparency,and leavingthis institution stronger. OurStrategicDirection a plan that was built deliberately and is showing progress. Ourfourstrategicpriorities arestraightforward:optimizeanddiversifyourloanandsecuritiesportfoliotoward C&land relationship-in the innovation,technology.and talent that will define competitive banking overthe next decade;and capitalize on our distinctivepositioning in the Washington,D.C.metropolitan market SusanG.RielattheCorporateHeadquarters. Ourprogress ismeasurable.C&lloansgrew11%inthefourthquarter.C&ldepositsnowrepresent23%oftotaldeposits,upfrom16% OurnextCEOwilleadan EagleBankthatis amorediversified commercial bank-lessconcentrated,betterfundedbyoperatingrelationships,and better positioned togenerate durable returns across creditcycles.The strategicfoundation is in place.Theleadership team executingagainstit isexperienced andstable. ThePathForward We enter2026witha strongerbalance sheet,amorediversified businessmix,an activesuccession processunderway.anda strongteaminplace.Wehavemadestrategic investments inC&l banking,treasurymanagement,anddepositdiversification thatareproducingmeasurableresults. Wecontinuetoinvest inourcommunitiesbysupportingaffordablehousing,healthcare,and localbusinessesacrosstheregionthroughtheEagleBankFoundationandourlending initiatives.Strongcommunitiescreatestrongbanks-andviceversa Weremainconfident intheplatformwehavebuilt,and inEagleBank'sabilitytogenerate improvingreturnsforshareholdersin the years ahead. EagleBank'sRelationshipsFiRSTcultureremainscentraltoourstrategy.Asweprepareforleadershiptransition,ourcultureprovidescontinuity.It guides howwe servecustomers, support employees,and engage with our communities. Changeis inevitable inanyorganization withalonghistory.Whatdefines enduring institutions isnottheabsenceofchange,buttheabilitytonavigate it deliberately. Thankyouforyourcontinuedtrustandconfidence PresidentandChiefExecutiveOfficer BOARDOFDIRECTORS EXECUTIVE MANAGEMENT Susan G.Riel JamesA.Soltesz,P.E. President and Chief Executive Officer ofEagle Bancorp,Inc.and EagleBank Chairof theBoards of Eagle Bancorp,Inc.and EagleBankPresidentand ChiefExecutive OfficerofSoltesz,Inc. EricR.Newell Susan G. Riel Senior Executive Vice President and Chief Financial Officer ofSenior Executive Vice President of EagleBank President and Chief Executive Officer of