Virginia National Bankshares Corp
For the period ended Mar 31, 2025. Filed May 9, 2025.
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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.
Mar 31, 2025 · Filed May 9, 2025
VABK$53.37+1.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Changes in Shareholders’ Equity (unaudited)
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY
FOR THE THREE MONTHS ENDED MARCH 31, 2025 AND 2024
| Common Stock | Capital Surplus | Retained Earnings | Accumulated Other Comprehensive Loss | Total | |
|---|---|---|---|---|---|
| Balance, December 31, 2023 | $13,258 | $106,045 | $73,781 | $(40,044) | $153,040 |
| Stock option expense | - | 24 | - | - | 24 |
| Restricted stock grant expense | - | 171 | - | - | 171 |
| Vested stock grants | 21 | (21) | - | - | - |
| Shares repurchased | (2) | (24) | - | - | (26) |
| Cash dividends declared ($0.33 per share) | - | - | (1,770) | - | (1,770) |
| Net income | - | - | 3,646 | - | 3,646 |
| Other comprehensive loss | - | - | - | (2,508) | (2,508) |
| Balance, March 31, 2024 | $13,277 | $106,195 | $75,657 | $(42,552) | $152,577 |
| Balance, December 31, 2024 | $13,263 | $106,394 | $82,507 | $(41,862) | $160,302 |
| Stock option expense | - | 34 | - | - | 34 |
| Restricted stock grant expense | - | 214 | - | - | 214 |
| Vested stock grants | 33 | (33) | - | - | - |
| Cash dividends declared ($0.33 per share) | - | - | (1,779) | - | (1,779) |
| Net income | - | - | 4,489 | - | 4,489 |
| Other comprehensive income | - | - | - | 3,521 | 3,521 |
| Balance, March 31, 2025 | $13,296 | $106,609 | $85,217 | $(38,341) | $166,781 |
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