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Charles Collum, a former chairman of Virginia's oldest bank, will run a loan office in the north of the state for John Marshall Bank.
September 7 -
John Marshall Bank in Reston, Va., has appointed Charles K. Collum, a former chairman of Virginia's oldest bank, Burke & Herbert Bank, to head a new loan office in Alexandria.
September 7 -
Examiners are starting to ask community banks for explain how their technology and staffing are prepared to handle disaster recovery.
January 16
John Marshall Bank in Reston, Va., plans to sell up to $30 million worth of common stock.
The $597 million-asset bank plans to sell as many as 2.4 million shares of its common stock for between $12.50 and $13.50 a share, it announced last week. The bank expects the sale to close by Dec. 16, it said.
John Marshall expects to raise between $25 and $30 million from the offering, minus commissions and expenses, and it said it would use the proceeds will use to support its operations, growth and expansion. BB&T Capital Markets is the sales agent.
The bank has seven offices in Virginia, Washington, D.C., and Maryland.
