Virginia National Bankshares Corporation (VABK)

Nasdaq: VABK · National Commercial Banks · Charlottesville, VA · filing with the SEC since 2013

Grade5.1

◀ Past 6.0● Present 4.7▶ Future 4.3

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Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Mar 27, 2026	Mar 28, 2025	Mar 28, 2024	Mar 29, 2023	Mar 25, 2022	Mar 19, 2021	Mar 12, 2020	Mar 15, 2019	Mar 27, 2018	Mar 27, 2017
For lenders
Interest and dividend income	77,246	75,927	69,990	56,731	48,272	27,230	26,197	25,686	22,611	19,211
Interest expense on deposits and borrowings	25,737	29,551	21,021	·	·	·	·	·	·	·
Net interest income	51,509	46,376	48,969	53,547	44,988	23,879	21,924	22,896	21,377	18,274
Provision for credit losses	137	-600	734	106	1,014	1,622	1,375	1,873	418	111
Net interest income after provision	51,372	46,976	48,235	53,441	43,974	22,257	20,549	21,023	20,959	18,163
Noninterest income	6,094	7,589	9,101	13,661	10,465	6,565	5,551	5,530	5,880	5,483
Noninterest expense	33,384	33,666	34,063	38,556	42,522	18,779	17,884	16,014	15,882	15,296
Interest expense	·	·	21,021	3,184	3,284	3,351	4,273	2,790	1,234	937
Income before income taxes	24,082	20,899	23,273	28,546	11,917	10,043	8,216	10,539	10,957	8,350
Income tax expense	4,821	3,933	4,010	5,108	1,846	2,065	1,527	2,069	4,403	2,602
Net income	19,261	16,966	19,263	23,438	10,071	7,978	6,689	8,470	6,554	5,748
Earnings per share, basic	3.57	3.16	3.60	4.40	2.16	2.95^r	2.49	3.18^r	2.4857^rb	2.2041^b
Earnings per share, diluted	3.55	3.15	3.58	4.38	2.14	2.95^r	2.49	3.15^r	2.4571^rb	2.1859^b
Weighted average shares, basic	5,388,926	5,371,439	5,357,085	5,324,740	4,668,761	2,707,877	2,686,866	2,666,902^r	2,639,040^rb	2,612,187^b
Weighted average shares, diluted	5,418,399	5,392,114	5,373,252	5,351,358	4,695,405	2,708,567	2,689,977	2,685,879^r	2,662,366^rb	2,628,394^b

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the change of share basis.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating

Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Provision for credit losses set aside for loans that may not be repaid

us-gaap:ProvisionForLoanLeaseAndOtherLosses
us-gaap:ProvisionForLoanAndLeaseLosses

Net interest income after provision interest income left after the provisionus-gaap:InterestIncomeExpenseAfterProvisionForLoanLoss

Noninterest income fees and other income that is not interestus-gaap:NoninterestIncome

Noninterest expense salaries, buildings and the other costs of running the bankus-gaap:NoninterestExpense

Interest expense what its borrowing costus-gaap:InterestExpense

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton VABK · research, not advice