Craft

WashingtonFirst Bankshares

Revenue

$101.4 M

FY, 2016

WashingtonFirst Bankshares Summary

Company Summary

Overview
WashingtonFirst Bankshares, Inc. is a bank holding company. The Company, through its subsidiary, WashingtonFirst Bank, operates banking offices throughout the Washington, District of Columbia metropolitan area. Its segments include traditional commercial banking, a mortgage banking business and a wealth-management business. The commercial banking segment provides the mortgage banking segment with the short-term funds needed to originate mortgage loans through a warehouse line of credit and charges the mortgage banking segment interest based on a premium over their cost to borrow funds. In addition, the Company provides wealth management services through its subsidiary, 1st Portfolio, Inc. and mortgage banking services through the Bank's subsidiary, WashingtonFirst Mortgage.
Type
Subsidiary
Status
Closed
Founded
2004
Website
http://www.wfbi.com/
Cybersecurity rating
Sectors

Key People

  • Aziza Mojadidi

    Aziza Mojadidi, Vice President

    Operating MetricsView all

    Non-accrual Loans

    $4M
    45.5%

    Q2, 2017

    Total Loans

    $1.6B
    17.8%

    Q2, 2017

    Bank Branches

    22

    FY, 2016

    WashingtonFirst Bankshares Financials

    Summary Financials

    Revenue (Q3, 2017)
    $5.7M
    Net income (Q3, 2017)
    $5.6M
    Cash (Q3, 2017)
    $3.4M

    Footer menu