Summary of EAGLE BANCORP INC

Item 5.02. Departure of Directors or Certain Officers; Election of Directors,
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e) On February 7, 2012, Compensation Committee of the Board of Directors of Eagle Bancorp, Inc. (the "Company"), approved base salaries for calendar year 2012 (retroactive to January 1, 2012) and discretionary cash bonuses for the Company's named executive officers, as set forth in the table below. The Compensation Committee also authorized the award of shares of restricted stock under the Company's 2006 Stock Plan to the Company's named executive officers, as set forth in the table below.

                                                                          Restricted
                                              Annual                        Stock
Name                        Title             Salary          Bonus        Awarded
James H. Langmead       EVP and CFO -
                       Company and Bank     $   300,500    $   165,319        15,300
Thomas D. Murphy         President -
                      Community Banking     $   289,200    $   155,643         8,300
Ronald D. Paul        President and CEO
                      - Company and Bank    $   667,000    $   571,979       109,600
Susan G. Riel           EVP - Company;
                      SEVP & COO - Bank     $   365,500    $   258,455        22,200
Janice L. Williams    EVP & Chief Credit
                        Officer - Bank      $   294,300    $   110,086         9,500

The increases in base salary for the named executive officers range from 5% to 7.3%. The shares of restricted stock vest 20% upon grant, and 20% each of the first four anniversaries of the date of grant, subject to the terms of the 2006 Stock Plan and the form of award certificate.