WASHINGTONFIRST BANKSHARES, INC. (NASDAQ:WFBI) Files An 8-K Results of Operations and Financial Condition

0

WASHINGTONFIRST BANKSHARES, INC. (NASDAQ:WFBI) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition.

On July20, 2017, WashingtonFirst Bankshares, Inc. (the “Company”), the holding company for WashingtonFirst Bank, issued a press release to announce its financial results for the quarter ended June30, 2017. A copy of the press release is attached as Exhibit 99.1.

The information included or incorporated in Item 2.02 of this current report, including Exhibit 99.1, is being furnished to the Securities and Exchange Commission and shall not be deemed "filed" for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

Item 2.02 Other Events

The information set forth in Item 2.02 of this current report is incorporated herein by reference.

Item 2.02 Financial Statements and Exhibits.

(a)Not applicable.

(b)Not applicable.

(c)Not applicable.

(d)Exhibits. Press release issued by WashingtonFirst Bankshares, Inc. dated July20, 2017.

Number

Description

99.1

Press release issued by WashingtonFirst Bankshares, Inc. dated July 20, 2017.


WashingtonFirst Bankshares, Inc. Exhibit
EX-99.1 2 exhibitpressrelease2017q2e.htm EXHIBIT 99.1 Exhibit FOR IMMEDIATE RELEASE July 20,…
To view the full exhibit click here

About WASHINGTONFIRST BANKSHARES, INC. (NASDAQ:WFBI)

WashingtonFirst Bankshares, Inc. is a bank holding company. The Company, through its subsidiary, WashingtonFirst Bank (the Bank), operates approximately 20 banking offices throughout the Washington, District of Columbia (D.C.) metropolitan area. The Company’s segments include traditional commercial banking, a mortgage banking business and a wealth management business. The commercial banking segment provides the mortgage banking segment with the short-term funds needed to originate mortgage loans through a warehouse line of credit and charges the mortgage banking segment interest based on a premium over their cost to borrow funds. In addition, the Company provides wealth management services through its subsidiary, 1st Portfolio, Inc. (Wealth Advisors), located in Fairfax, Virginia, and mortgage banking services through the Bank’s subsidiary, WashingtonFirst Mortgage, which operates in two locations: Fairfax, Virginia and Rockville, Maryland.