---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-010040"
form_type: "8-K"
ticker: "JMSB"
cik: "0001710482"
company_name: "John Marshall Bancorp, Inc."
filed_at: "2022-06-15T23:59:59+00:00"
generated_at: "2026-06-25T01:39:14.677764+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# John Marshall Bancorp closes $25M subordinated note private placement, plans to redeem existing notes

## Summary
- $25M principal of 5.25% fixed-to-floating subordinated note due 2032 issued at par; net proceeds ~$24.6M.
- Proceeds to be used for general corporate purposes, including redeeming 5.75% notes due 2027 after July 15, 2022 call date.
- Note qualifies as Tier 2 capital; interest fixed at 5.25% through June 2027, then SOFR+245bp quarterly.
- Keefe, Bruyette & Woods acted as sole placement agent.
- Note is unsecured, subordinated obligation, junior to senior debt, not convertible or redeemable by holders.

## SEC filing metadata
- accession: 0001558370-22-010040
- form_type: 8-K
- ticker: JMSB
- cik: 0001710482
- company_name: John Marshall Bancorp, Inc.
- filed_at: 2022-06-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1710482/000155837022010040/0001558370-22-010040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1710482/000155837022010040/jmsb-20220615x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-010040
- JSON: https://secwatch.observer/filing/0001558370-22-010040.json
- Plain text: https://secwatch.observer/filing/0001558370-22-010040.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.