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.