Virginia National Bankshares Corp
For the period ended Jun 30, 2024. Filed Aug 14, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 14, 2024
VABK$53.32-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Comprehensive Income (unaudited)
CONSOLIDATED STATEMENTSOF COMPREHENSIVE INCOME
(Dollars in thousands)
| For the three months ended | For the six months ended | |||
|---|---|---|---|---|
| June 30, 2024 | June 30, 2023 | June 30, 2024 | June 30, 2023 | |
| Net income | $4,159 | $5,651 | $7,805 | $11,442 |
| Other comprehensive (loss) income: | ||||
| Unrealized (losses) gains on securities, net of tax benefit of ($116) and ($783) for the three and six months ended June 30, 2024, respectively, and net of tax of ($831) and $766 for the three and six months ended June 30, 2023, respectively | (436) | (3,127) | (2,947) | 2,881 |
| Reclassification adjustment for realized gain on termination of interest rate swap, net of tax of $97 for the six months ended June 30, 2023 | — | — | — | (363) |
| Reclassification adjustment for realized losses on securities, net of tax of $1 and $43 for the six months ended June 30, 2024 and 2023, respectively | — | — | 3 | 163 |
| Unrealized losses on interest rate swaps, net of tax benefit of ($9) for the six months ended June 30, 2023 | — | — | — | (37) |
| Total other comprehensive (loss) income | (436) | (3,127) | (2,944) | 2,644 |
| Total comprehensive income | $3,723 | $2,524 | $4,861 | $14,086 |
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