Virginia National Bankshares Corporation (VABK)

VABK Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	17.3	28.39	40.14	508.84	34.7	19.09
Investment Securities	138.61	267.85	371.11	132.85	95.99	42.31
Mortgage-Backed Securities	146.09	155.14	167.08	170.96	78.1	71.73
Total Investments	284.7	423	538.19	303.82	174.09	114.04
Gross Loans	1,158	1,093	936.42	1,061	609.41	539.53
Allowance for Loan Losses	-8.03	-8.4	-5.55	-5.98	-5.46	-4.21
Net Loans	1,150	1,084	930.86	1,055	603.95	535.32
Property, Plant & Equipment	22.11	22.94	24.34	32.68	8.77	9.72
Goodwill	7.77	7.77	7.77	8.14	0.37	0.37
Other Intangible Assets	4.42	5.09	6.59	8.55	0.34	0.41
Accrued Interest Receivable	6.58	6.18	4.88	3.78	2.9	2.24
Other Current Assets	-	-	0.97	-	-	-
Long-Term Deferred Tax Assets	15.86	15.38	17.32	4.84	-	-
Other Real Estate Owned & Foreclosed	-	-	-	0.61	-	-
Other Long-Term Assets	64.91	53	52.32	45.71	23.3	20.86
Total Assets	1,574	1,646	1,623	1,972	848.41	702.63
Interest Bearing Deposits	1,016	929.64	953.79	1,229	486.29	415.64
Institutional Deposits	-	106.6	28.9	45.3	34.7	38.4
Non-Interest Bearing Deposits	357.93	372.86	495.65	522.28	209.77	166.98
Total Deposits	1,374	1,409	1,478	1,796	730.76	621.01
Short-Term Borrowings	32.44	69.96	-	0.01	-	0.2
Current Portion of Long-Term Debt	-	-	-	-	10	-
Current Portion of Leases	0.8	1.52	-	-	-	-
Accrued Interest Payable	2.12	2.14	0.16	0.17	0.16	0.3
Long-Term Debt	-	-	0.51	-	-	-
Federal Home Loan Bank Debt, Long-Term	-	-	-	-	20	-
Long-Term Leases	5.3	4.98	6.17	7.11	3.59	3.6
Trust Preferred Securities	3.48	3.46	2.91	3.37	-	-
Pension & Post-Retirement Benefits	-	0.13	-	-	-	-
Other Long-Term Liabilities	1.67	1.68	1.86	3.37	1.3	1.41
Total Liabilities	1,420	1,493	1,490	1,810	765.81	626.52
Common Stock	13.26	13.26	13.21	13.18	6.72	6.72
Additional Paid-In Capital	105.94	106.05	105.34	104.58	32.46	32.2
Retained Earnings	77.96	73.78	63.48	46.44	41.96	37.24
Comprehensive Income & Other	-42.99	-40.04	-48.62	-2.21	1.46	-0.04
Shareholders' Equity	154.16	153.04	133.42	161.99	82.6	76.11
Total Liabilities & Equity	1,574	1,646	1,623	1,972	848.41	702.63
Total Debt	42.02	79.93	9.59	10.48	33.59	3.8
Net Cash (Debt)	-24.72	-51.54	30.55	498.36	1.11	15.28
Net Cash Growth	-	-	-93.87%	44959.40%	-92.76%	-18.91%
Net Cash Per Share	-4.60	-9.59	5.71	106.14	0.41	5.68
Filing Date Shares Outstanding	5.37	5.39	5.34	5.33	2.71	2.69
Total Common Shares Outstanding	5.37	5.37	5.34	5.31	2.71	2.69
Book Value Per Share	28.70	28.52	25.00	30.52	30.43	28.27
Tangible Book Value	141.98	140.18	119.06	145.3	81.89	75.33
Tangible Book Value Per Share	26.43	26.12	22.31	27.37	30.17	27.98

Source: S&P Capital IQ. Banks template. Financial Sources.