Virginia National Bankshares Corp Income Statement

Income Statement Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions -0.16M0.31M0.46M0.11M0.42M1.87M1.38M1.62M1.01M0.11M0.73M-0.72M
Revenue 15.61M15.08M16.82M19.10M22.19M28.43M27.48M30.44M55.45M67.21M58.07M53.97M
Interest income
Interest income - Loans 13.00M12.55M14.75M17.69M20.86M23.92M24.18M24.95M43.90M44.23M56.05M66.53M
Interest income - Investments 0.08M0.08M0.08M0.09M0.10M0.14M0.11M0.10M0.17M3.39M0.37M0.43M
Interest Income - Debt Securities 5.50M5.60M5.04M5.05M4.21M4.55M4.68M2.12M4.22M8.42M11.55M6.69M
Interest Income - Fed Funds 0.07M0.09M0.06M0.13M0.24M0.21M0.46M0.10M0.14M1.09M0.21M0.77M
Other interest income 0.23M1.47M0.50M0.21M
Interest Income - Total 15.45M15.38M17.28M19.21M22.61M25.69M26.20M27.23M48.27M56.73M69.99M75.93M
Interest expenses
Interest Expense - Deposits 0.76M0.69M0.67M0.62M0.66M1.26M2.15M1.45M1.11M2.10M9.67M15.41M
Interest Expense - Debt 0.07M-0.13M0.20M1.93M1.69M
Interest Expense - Fed Funds 0.02M0.04M0.05M0.04M0.10M0.40M0.09M0.07M0.14M0.03M
Interest Expenses 2.79M4.27M3.35M3.28M3.18M21.02M29.55M
Interest Income - Net 14.45M14.45M16.31M18.27M21.38M22.90M21.92M23.88M44.99M53.55M48.97M46.38M
Non-interest income
Interest Income - Total 14.29M14.15M15.85M18.16M20.96M21.02M20.55M22.26M43.97M53.44M48.23M46.98M
Financial Services Fees 0.03M0.39M0.52M0.56M1.13M3.51M2.44M1.98M1.15M
Service Charges 0.92M0.89M0.96M0.92M0.93M
Investment Gain (Loss) 0.07M0.74M
Income - Trust 14.98M2.37M1.71M1.97M2.41M1.67M1.27M0.72M
Mortgage Banking 0.08M0.22M0.23M0.14M
Card Income 0.73M0.74M0.82M0.87M0.86M0.75M0.72M0.61M2.07M2.79M2.27M1.91M
Other Non-Interest Income 0.72M0.77M0.51M0.44M0.47M1.10M2.26M0.98M1.49M1.25M1.76M0.76M
Non-Interest Income 17.35M4.85M4.24M4.83M5.33M5.53M5.55M6.57M10.46M13.66M9.10M7.59M
Operating Items
Amortization - Intangibles 0.34M0.29M0.47M1.39M1.68M1.49M1.30M
Depreciation & Amortization - Total 0.50M0.43M0.46M0.97M0.90M0.76M0.72M
Research & Development 1.09M1.24M1.11M2.79M2.73M2.80M2.65M
Wages, Salaries and Other 8.04M9.25M9.47M16.13M17.26M15.90M15.93M
Rent Expense 1.83M1.82M1.91M3.58M4.53M4.02M3.66M
Restructuring Costs 0.46M
Other Operating Expenses -0.03M13.93M15.30M0.08M1.04M0.11M0.04M
Operating Expenses 16.01M17.88M18.78M42.52M38.56M34.06M33.67M
Operating Income 2.21M1.73M2.11M2.50M6.00M4.89M4.39M
EBIT 2.21M1.73M2.11M2.50M6.00M4.89M4.39M
Non-operating items
Non Operating Investment Income 0.46M
Other Non Operating Income 0.90M
Net income details
EBT 10.54M8.22M10.04M11.92M28.55M23.27M20.90M
Tax Provisions 2.30M1.53M2.28M1.85M5.25M4.01M3.93M
Profit After Tax 8.47M6.69M7.98M10.07M23.44M19.26M16.97M
Equity Income 6.57M3.97M4.58M
Income from Continuing Operations 8.24M6.69M7.76M10.07M23.30M19.26M16.97M
Consolidated Net Income 8.24M6.69M7.76M10.07M23.30M19.26M16.97M
Income towards Parent Company 8.24M6.69M7.76M10.07M23.30M19.26M16.97M
Net Income towards Common Stockholders 8.24M6.69M7.76M10.07M23.30M19.26M16.97M
Additional items
EPS (Basic) 3.182.492.952.164.373.593.16
EPS (Weighted Average and Diluted) 3.152.492.952.14
Shares Outstanding (Weighted Average) 2.67M2.69M2.71M5.31M5.33M5.37M5.37M
Tax Rate 21.85%18.59%22.69%15.49%18.38%17.23%18.82%