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John Marshall Bank Announces Common Stock Offering

  John Marshall Bank Announces Common Stock Offering

Business Wire

RESTON, Va. -- October 18, 2013

John Marshall Bank, a $596.6 million asset bank headquartered in Reston,
Virginia (the “Bank”), announced today that it has commenced an offering of up
to 2,000,000 shares of shares of its common stock at an offering price which
will be at least $12.50 per share and up to $13.50 per share. The Bank, in its
sole discretion, may increase the number of shares offered by up to 400,000
shares in the event that the offering is oversubscribed. The offering is being
made through the efforts of the directors and executive officers of the Bank,
with the assistance, on a best efforts basis, of BB&T Capital Markets, a
division of BB&T Securities, LLC, as sales agent. The gross proceeds of the
offering, before expenses of the offering and fees and commissions payable to
the sales agent, are expected to be approximately $25 million, subject to
increase to $30 million if the offering is oversubscribed.

The Bank expects to use the net proceeds of the offering to support its
lending, deposit taking and investment activities, to support the growth and
expansion of the Bank and for general corporate purposes.

The offering is expected to close on or about November 15, 2013, subject to
extension to a date not later than December 16, 2013. The Board of Directors
reserves the right to change the terms of the proposed offering or to cancel
the offering at any time.

This press release does not constitute an offer to sell or a solicitation of
an offer to buy the securities described herein, nor shall there be any sale
of these securities in any state or jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such jurisdiction. The offering may be made
only by means of an offering circular. Existing shareholders who may wish to
participate in the offering may obtain a copy of the offering circular by
contacting Kay Bond, Subscription Agent at 703-584-0840. Other interested
investors may contact Eric Watson or Liz Smith at BB&T Capital Markets at
804-780-3228 or 804-780-3283. To request the offering circular via email,
please send requests to “prospectusrequests@bbandtcm.com”. The securities are
not deposits and are neither insured nor approved by the FDIC or any other
bank regulatory agency. The securities are being offered pursuant to an
exemption from registration under the Securities Act of 1933 provided by
Section 3(a)(2) of such Act.

Caution about Forward-Looking Statements. This press release contains
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements include but are not limited to
statements about the Bank’s plans, objectives, estimates, intentions, and
expectations as to future trends, plans, events or results of the Bank’s
operations and policies and regarding general economic conditions. These
forward-looking statements are based on current beliefs that involve
significant risks, uncertainties and assumptions. Because of these
uncertainties and the assumptions on which 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. For details on factors
that could affect these expectations, see the risk factors and other
cautionary language included in the offering circular.

Contact:

John Marshall Bank
John R. Maxwell, 703-584-0840
Chairman & Chief Executive Officer
 
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