Virginia National Bankshares Corp (VABK) financial statements (2020 and earlier)

Company profile

Business Address 404 PEOPLE PLACE
CHARLOTTESVILLE, VA 22911
State of Incorp. VA
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments151918394454
Cash and cash equivalents151918394454
Total current assets:151918394454
Noncurrent Assets
Operating lease, right-of-use asset4
Property, plant and equipment677899
Intangible assets, net (including goodwill)1111  
Goodwill0000  
Intangible assets, net (excluding goodwill)0011  
Total noncurrent assets:1188999
Other undisclosed assets677618617557515473
TOTAL ASSETS:703645644605567537
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt  34202318
Total current liabilities:  34202318
Noncurrent Liabilities
Other undisclosed liabilities627574545526488458
Total liabilities:627574579546511476
Stockholders' equity
Stockholders' equity attributable to parent767165595661
Common stock766667
Additional paid in capital322722212228
Accumulated other comprehensive income (loss)(0)(1)(1)(1)(0)0
Retained earnings373938332826
Total stockholders' equity:767165595661
TOTAL LIABILITIES AND EQUITY:703645644605567537

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues02627242119
Net investment income02623191715
Financial services revenue5444
Cost of revenue(1)(2)(0)(0)(0) 
Provision for loan, lease, and other losses(1)(2)
Financial services costs(0)(0)(0) 
Gross profit:(1)2427232119
Operating expenses(4)(3)(10)(10)(11)(18)
Other operating income (expense), net 0000(5)
Noninterest income, other operating income 00000
Other expenses     (6)
Operating income (loss):(5)22171410(3)
Nonoperating income 00000
Bank owned life insurance income 00000
Interest and debt expense(4)(3)(1)(1)(1)(1)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes17(9)(6)(5)(5)6
Income from continuing operations before income taxes:81111842
Income tax expense(2)(2)(4)(3)(1)(0)
Net income available to common stockholders, diluted:787632

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:787632
Other comprehensive income (loss)2(0)0(1)(0)1
Comprehensive income:887533
Other undisclosed comprehensive loss, net of tax, attributable to parent(0)     
Comprehensive income, net of tax, attributable to parent:887533

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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