DC-area bank sees profits rise as new CEO seeks turnaround

T1Covered by 1 source · first reported by American Banker (headlines) at 22 Oct, 18:31 UTC

Eagle Bancorp's higher-risk loans declined 41% from a year earlier, but its nonperforming assets rose. New CEO Stephen Curley is working to strengthen the bank's balance sheet, which has been hurt by troubled office loans, and expand lending.