Financial insights of VABK

MyFinsight

For the quarter ending 2026-03-31.

Income Statement	2026-03-31	2025-09-30	2025-06-30
Loans, including fees	16,833	17,500	17,330
Federal funds sold	494	283	64
Other interest-bearing deposits	35	55	45
Taxable	1,065	1,199	1,265
Tax exempt	360	322	323
Dividends	90	112	109
Total interest and dividend income	18,877	19,471	19,136
Demand deposits	71	66	67
Money market and savings deposits	3,053	3,026	2,927
Certificates and other time deposits	2,585	2,713	2,670
Borrowings	192	513	582
Federal funds purchased	0	3	18
Junior subordinated debt	70	78	76
Total interest expense	5,971	6,399	6,340
Net interest income	12,906	13,072	12,796
Recovery of credit losses	-336	332	3
Net interest income after recovery of credit losses	13,242	12,740	12,793
Wealth management fees	220	223	206
Deposit account fees	366	323	293
Debit/credit card and atm fees	251	340	355
Bank owned life insurance income	319	318	307
Gains on sale of assets, net	5	-	-
Other	328	147	150
Total noninterest income	1,489	1,351	1,311
Legal fees	-	-	225
Salaries and employee benefits	3,999	3,909	3,863
Net occupancy	779	872	889
Equipment	186	182	202
Bank franchise tax	468	439	489
Computer software	214	303	266
Data processing	550	577	732
Fdic deposit insurance assessment	175	255	145
Marketing, advertising and promotion	267	171	179
Professional fees	348	256	331
Core deposit intangible amortization	247	271	284
Other	966	1,169	1,076
Total noninterest expense	8,199	8,404	8,681
Income before income taxes	6,532	5,687	5,423
Provision for income taxes	1,273	1,111	1,185
Net income	5,259	4,576	4,238

Basic EPS	0.97	0.85	0.79
Diluted EPS	0.97	0.84	0.78
Basic Average Shares	5,409,543	5,391,979	5,391,979
Diluted Average Shares	5,443,437	5,424,642	5,417,900

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