Burke & Herbert Financial Services Corp.
For the period ended Dec 31, 2024. Filed Mar 17, 2025.
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FY2024 · Filed Mar 17, 2025
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Item 2. Properties
The Company is headquartered in Alexandria, Virginia, and conducts business through its headquarters, corporate center, operational offices, full-service bank branches, and loan production offices. The Company owns its principal executive office at 100 S. Fairfax Street, Alexandria, VA, and its corporate center located at 5680 King Centre Drive in Alexandria, Virginia. We also maintain executive offices and a key operations center in Moorefield, West Virginia to support bank-wide operations across our market footprint.
At December 31, 2024, the Company operated seventy-seven branches in the five states as follows:
| Number of Branch Offices | |||
|---|---|---|---|
| Office Locations by State | Owned | Leased | Total |
| Virginia | 24 | 13 | 37 |
| West Virginia | 25 | 4 | 29 |
| Maryland | 5 | 4 | 9 |
| Delaware | — | 1 | 1 |
| Kentucky | — | 1 | 1 |
| Total | 54 | 23 | 77 |
We believe that our current facilities are adequate to meet our present and foreseeable needs, subject to possible future expansion. For each property that we lease, we believe that upon expiration of the lease we will be able to extend the lease on satisfactory terms or relocate to another acceptable location.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.