Item 2. Properties
Item 2. Properties
The Company is headquartered in Alexandria, Virginia, and conducts business through its headquarters, corporate center, and operational offices, twenty-three full-service bank branches, and four loan production offices. We own fourteen of our twenty-three full-service branches. 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 own or lease other premises for use in conducting our business activities, including bank branches, an operations center, and offices in Alexandria, Annandale, Arlington, Ashburn, Burke, Centreville, Falls Church, Fredericksburg, Manassas, McLean, Loudoun County, Richmond, Springfield, Vienna, Woodbridge Counties, VA, and in Bethesda, MD. We believe that our current facilities and planned relocation 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.
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