 BETHESDA, Md., July 21, 2021 GLOBE NEWSWIRE -- Eagle Bancorp, Inc. the Company NASDAQ: EGBN, the parent company of EagleBank the Bank, today announced record net income of 48.0 million for the second quarter of 2021. These earnings included 4.7 million of accelerated interest income from the sale of Paycheck Protection Program PPP loans and a 4.6 million reversal from the allowance for credit losses on loans and the reserve for unfunded commitments as compared to the second quarter of 2020, which included a provision of 20.7 million to the allowance for credit losses on loans and the reserve for unfunded commitments. 