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WashingtonFirst Bank Announces the Opening of Its 19th Branch in Potomac, Maryland

WashingtonFirst Bank is pleased to announce the opening of its
nineteenth branch in Potomac, Maryland. The Bank opened its newest
branch on Monday, March 28, 2016, in the heart of Potomac at 9812 Falls
Road, Suite 125, Potomac, Maryland. The Potomac branch expands the
Bank’s market reach into Maryland. A grand opening celebration will take
place late Spring 2016.

“We are thrilled to be offering our services in the Potomac market,”
said Founder and CEO of WashingtonFirst Bank, Shaza L. Andersen. “The
Potomac branch is part of the Bank’s strategic initiative to expand our
footprint in the Montgomery County market. This latest addition further
provides our Maryland customers greater accessibility and underscores
the Bank’s consistent growth strategy throughout the DC metro area.”

About WashingtonFirst

WashingtonFirst Bankshares, Inc., headquartered in Reston, Virginia, is
the holding company for WashingtonFirst Bank, which operates 19
full-service banking offices throughout the Washington, DC, metropolitan
area. In addition, the Company provides wealth management services
through its subsidiary 1st Portfolio Wealth Advisors, and mortgage
banking services through the Bank’s subsidiary WashingtonFirst Mortgage.
The Company’s common stock is traded on the NASDAQ Stock Market under
the quotation symbol “WFBI” and is included in the ABA NASDAQ Community
Bank Index.

Cautionary Statements About Forward-Looking Information

This press release may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
including statements of the intentions and expectations of the Company
as to the future use of the net proceeds from the offering.
Forward-looking information is inherently subject to risks and
uncertainties, and actual results could differ materially from those
currently anticipated due to a number of factors which include, but are
not limited to, factors discussed in our Annual Report on Form 10-K and
in other documents we file with the SEC from time to time. In some
cases, forward-looking statements can be identified by use of words such
as “may,” “will,” “anticipates,” “believes,” “expects,” “plans,”
“estimates,” “potential,” “continue,” “should,” and similar words or
phrases. These statements are based upon the beliefs of the management
of the Company as to the expected outcome of future events, current and
anticipated economic conditions, nationally and in the Company’s market,
and their impact on the operations, assets and earnings of the Company,
interest rates and interest rate policy, competitive factors, judgments
about the ability of the Company to successfully integrate its
operations following significant transactions including, but not limited
to, mergers and acquisitions, the ability to avoid customer dislocation
during the period leading up to and following such transactions, and
other conditions which by their nature, are not susceptible to accurate
forecast and are subject to significant uncertainty. Readers are
cautioned against placing undue reliance on such forward-looking
statements. The Company assumes no obligation to revise, update, or
clarify forward-looking statements to reflect events or conditions after
the date of this release.

WashingtonFirst Bankshares, Inc.
Matthew R. Johnson, 703-840-2410
Vice President & Chief Financial Officer

Updated: March 28, 2016 — 11:22 pm
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