RESTON, Va.--(BUSINESS WIRE)--
John Marshall Bancorp, Inc. (the “Company”) (OTCQB: JMSB) and John
Marshall Bank, Reston, Virginia (the “Bank”), announced today that the
Agreement and Plan of Share Exchange pursuant to which the Company would
become the bank holding company for the Bank, became effective after the
close of markets on March 1, 2017. As a result of the completion of the
holding company formation, each share of common stock of the Bank has
automatically been converted into one share of Company common stock. The
Company’s common stock will continue to trade on the OTCQB Marketplace
under the symbol “JMSB”.
John Marshall Bancorp, Inc. is the bank holding company for John
Marshall Bank. John Marshall Bank is headquartered in Reston, Virginia
and has five full-service branches located in Reston, Leesburg,
Arlington, Alexandria and Rockville. The Bank also has a limited-service
commercial branch located in Washington, DC and a loan production office
located in Tysons Corner, VA. Further information on the Bank can be
obtained by visiting its website at www.johnmarshallbank.com.
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John Marshall Bancorp, Inc.
John R. Maxwell, 703-584-0840
Source: John Marshall Bancorp, Inc.