John Marshall Bank Announces Pricing of Common Stock Offering Business Wire RESTON, Va. -- November 12, 2013 John Marshall Bank (the “Bank”), a $627.4 million commercial bank headquartered in Reston, Virginia, announced today that it had priced its public offering of common stock. The total number of shares sold in the offering is 2.4 million at an offering price of $13.50 per share, for gross proceeds of $32.4 million. The number of shares sold included the 400,000 oversubscription shares, and the offering price was at the top of the indicated price range. The offering was 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 sole sales agent. The offering is expected to close on November 15, 2013, subject to customary closing conditions. The Bank will use the proceeds of the offering to support its lending, deposit taking and investment activities, to support its growth and expansion and for general corporate purposes. 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, as supplemented and amended. The securities are not deposits and are neither insured nor approved by the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation 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, as amended and supplemented. About John Marshall Bank John Marshall Bank commenced operations as a Virginia chartered bank in 2006, and as of September 30, 2013, had $627.4 million in assets. The Bank focuses on serving small and mid-sized businesses, their principals and professionals in the Washington D.C. metropolitan area. Locally owned and managed, it is headquartered in Reston, Virginia, and has four additional full-service offices in Arlington, Falls Church and Leesburg, Virginia, and Rockville, Maryland, and limited service branches in Alexandria, Virginia and Washington, D.C. Contact: John Marshall Bank John R. Maxwell, 703-584-0840 Chairman and Chief Executive Officer
John Marshall Bank Announces Pricing of Common Stock Offering
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