Financial insights of VABK

MyFinsight

For the quarter ending 2025-09-30.

Income Statement	2025-09-30	2025-06-30
Loans, including fees	17,500	17,330
Federal funds sold	283	64
Other interest-bearing deposits	55	45
Taxable	1,199	1,265
Tax exempt	322	323
Dividends	112	109
Total interest and dividend income	19,471	19,136
Demand deposits	66	67
Money market and savings deposits	3,026	2,927
Certificates and other time deposits	2,713	2,670
Borrowings	513	582
Federal funds purchased	3	18
Junior subordinated debt	78	76
Total interest expense	6,399	6,340
Net interest income	13,072	12,796
Provision for (recovery of) credit losses	332	3
Net interest income after provision for (recovery of) credit losses	12,740	12,793
Wealth management fees	223	206
Deposit account fees	323	293
Debit/credit card and atm fees	340	355
Bank owned life insurance income	318	307
Other	147	150
Total noninterest income	1,351	1,311
Legal fees	-	225
Salaries and employee benefits	3,909	3,863
Net occupancy	872	889
Equipment	182	202
Bank franchise tax	439	489
Computer software	303	266
Data processing	577	732
Fdic deposit insurance assessment	255	145
Marketing, advertising and promotion	171	179
Professional fees	256	331
Core deposit intangible amortization	271	284
Other	1,169	1,076
Total noninterest expense	8,404	8,681
Income before income taxes	5,687	5,423
Provision for income taxes	1,111	1,185
Net income	4,576	4,238

Basic EPS	0.85	0.79
Diluted EPS	0.84	0.78
Basic Average Shares	5,391,979	5,391,979
Diluted Average Shares	5,424,642	5,417,900

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.