WASHINGTONFIRST BANKSHARES, INC. (NASDAQ:WFBI) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition.
Company), the holding company for WashingtonFirst Bank, issued a
press release to announce its financial results for the quarter
ended March 31, 2017, (“April 24, 2017, Press Release”). A copy
of the press release is attached as Exhibit 99.1.
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.
Inc. dated April 24, 2017.
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Number
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Description
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99.1
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Press release issued by WashingtonFirst Bankshares,
Inc. dated April 24, 2017. |
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. WASHINGTONFIRST BANKSHARES, INC. (NASDAQ:WFBI) Recent Trading Information
WASHINGTONFIRST BANKSHARES, INC. (NASDAQ:WFBI) closed its last trading session up +0.23 at 28.19 with 27,843 shares trading hands.