John Marshall Bank (JMSB) Reports Bank’s Financial Condition Remains Strong

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John Marshall Bank’s Financial Condition Remains Strong

March 13, 2023 6:00 AM EDT

Excellent Asset Quality, Robust Liquidity and Well-Capitalized Balance Sheet

RESTON, Va.--(BUSINESS WIRE)-- John Marshall Bancorp, Inc. (Nasdaq: JMSB) (the Company), parent company of John Marshall Bank (the Bank) is providing an update on certain unaudited information pertaining to the Banks financial condition.

On Friday, March 10, 2023, Silicon Valley Bank (SVB) was closed by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The Company is issuing this release to inform our shareholders as well as the customers and... More