John Marshall Bank Said Financial Condition Remains Strong

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 Bank's financial condition. As of February 28, 2023, the Bank was well-capitalized with a 16.0% total risk-based capital ratio, up from 15.6% at December 31, 2022 and well in excess of the highest 10.5% regulatory requirement (inclusive of the capital conservation buffer). For the past thirteen consecutive quarters, the Bank has had no non-performing assets or loans which were more than 30 days past due. Our asset quality remains excellent. As of February 28, 2023, the Bank continued to have no non-performing assets or loans which were more than 30 days past due. The Bank increased deposits 4.3% from March 31, 2022 to December 31, 2022. Deposits have increased from $2.071 billion as of December 31, 2022 to $2.076 billion as of March 10, 2023. As of March 10, 2023, the Bank had no borrowings. At December 31, 2022, the Bank had approximately $735 million in liquidity defined as the sum of available cash, unencumbered securities and available secured borrowing capacity at the Federal Home Loan Bank of Atlanta. From December 31, 2022 to March 10, 2023, the Bank's liquidity position increased 3.0% to approximately $760 million.