Burke & Herbert Financial Services is the holding company for Burke & Herbert Bank & Trust, a Virginia-chartered community bank founded in 1852. The bank operates as a traditional community bank: it takes deposits from local businesses and individuals, then deploys that funding into loans and investment securities to earn a spread. The bank focuses on small to medium-sized businesses, professional corporations, nonprofits, and individuals, emphasizing relationship-based banking with local decision-making. Relationship managers cover industries including manufacturing, government contracting, healthcare, and professional services. The bank operates over 77 branches and commercial loan offices across Virginia, West Virginia, Delaware, Kentucky, and Maryland, with its primary market in northern Virginia and the greater Washington, D.C. metro area. Its loan portfolio spans commercial real estate, construction and development, commercial and industrial loans, and residential real estate. Burke & Herbert sells most conforming mortgage production in the secondary market to reduce interest rate risk. Fee income from treasury management, wealth management, and mortgage banking supplements net interest income. Burke & Herbert has been growing through M&A, completing a merger with Summit Financial Group in May 2024 and announcing a pending acquisition of LINKBANCORP, which is expected to push total assets above $10B — crossing a regulatory threshold that will subject the bank to CFPB supervision and lower debit interchange fee caps.