Ten-Year-Old Community Bank Passes $1 Billion In Assets

11/8/16

The 10-year-old John Marshall Bank has passed $1 billion in total assets.

On Sept. 30, assets totaled $1.02 billion, an increase of $132.9 million, or 15 percent from total assets of $884.5 million at Sept. 30, 2015.

On Monday, the bank reported net income of $2.6 million for the three months ended Sept. 30, an increase of $368,000 or 16.4 percent when compared to net income of $2.2 million for the three months ended Sept. 30, 2015.

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