13D Filing: Endicott Management and Washingtonfirst Bankshares Inc. (WFBI)

This statement is filed by:

(i) Endicott Opportunity Partners III, L.P., a Delaware limited
partnership (“EOP III”), with respect to the shares of Common Stock directly owned by EOP III;

(ii) Endicott Management Company, a Delaware S-Corporation (“EMC”)
and Investment Manager to EOP III, with respect to the shares of Common Stock directly owned by EOP III;

(iii) W.R. Endicott III, L.L.C. a Delaware limited liability company
(“WR III LLC”) and general partner of EOP III, with respect to the shares of Common Stock directly owned by
EOP III;

(iv) Wayne K. Goldstein (“Mr. Goldstein”), who
serves as a Co-President and a director of EMC and a managing member of WR III LLC, with respect to the shares of Common Stock
directly owned by EOP III; and

(v) Robert I. Usdan (“Mr. Usdan”), who serves
as a Co-President and a director of EMC and a managing member of WR III LLC, with respect to the shares of Common Stock directly
owned by EOP III.

The foregoing persons are hereinafter sometimes collectively referred
to as the “Reporting Persons.” Any disclosures herein with respect to persons other than the Reporting Persons
are made on information and belief after making inquiry to the appropriate party.

The filing of this statement should not be construed as an admission
that any of the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner of the Common Stock reported
herein.