Virginia National Bankshares Corp

Virginia National Bankshares Corp is a bank holding company headquartered in Charlottesville, Virginia, operating through Virginia National Bank and related subsidiaries. Its business centers on community banking, including commercial and real estate lending, deposit gathering, and trust and estate services across central and northern Virginia.

— Virginia National Bankshares Corp
%
Commercial lending45% Loans to businesses for working capital, expansion, and operating needs.
Real estate lending35% Residential, construction, and commercial real estate mortgage loans.
Deposit services10% Core checking, savings, money market, and time deposit funding.
Trust and estate services5% Fiduciary and wealth-adjacent services offered through VNB Trust & Estate Services.
Other banking services5% Fee-based banking services, treasury support, and branch-related services.

The company serves local businesses, commercial borrowers, and households within its Virginia-centered footprint, with...

  • Small and middle-market businessesprimary

    Borrow commercial loans and operating credit for working capital, expansion, and seasonal needs.

  • Commercial real estate borrowersprimary

    Use mortgage and construction lending for owner-occupied and investment properties.

  • Households and retail depositorsprimary

    Open checking, savings, and time deposit accounts and use branch-based banking services.

  • Trust and estate clientssecondary

    Buy fiduciary and estate administration services through the trust subsidiary.

  • Public-sector and professional clientssecondary

    Use deposit and lending services through local relationship banking channels.

The company operates a branch network concentrated in Virginia, with offices in Albemarle, Fauquier, and Prince William...

  • •Branch network concentrated in central and northern Virginia
  • •Lending trade area extends into Maryland, D.C., and West Virginia
  • •Headquarters and operations center are in Charlottesville, Virginia
  • •Trust and estate services are based in Charlottesville
  • •Local market focus supports relationship banking and credit underwriting

The company’s strategy is to grow loans while maintaining asset quality through disciplined underwriting, borrower...

01
Loan growth with disciplined underwritingshort-term

Lending is the core earning asset, so growth must be balanced against credit quality.

02
Liquidity and balance sheet managementshort-term

Deposit flows, securities maturities, and borrowings support funding flexibility.

03
Capital return and capital strengthmedium-term

Dividends and repurchases are part of shareholder return while preserving capital.

As a community bank, the company is exposed to credit losses, especially in commercial and real estate lending where...

high

Credit deterioration in the loan portfolio

Earnings depend on underwriting quality and borrower repayment capacity.

Scope
Commercial and real estate lending
Materiality
high
high

Interest rate and liquidity mismatch

Asset yields, deposit costs, and securities values move with rate changes.

Scope
Balance sheet and net interest income
Materiality
high
medium

Deposit competition and funding pressure

Community banks rely on stable local deposits to fund lending.

Scope
Core deposits and borrowings
Materiality
high
medium

Regional economic concentration

The franchise is concentrated in Virginia and nearby markets.

Scope
Central and northern Virginia trade area
Materiality
medium
Allowance for credit losses
Provision expense and reserve balance
Fair value of securities
Asset values and other comprehensive income
Depreciation and asset disposals
Premises and equipment, gains or losses on sale
Lease accounting
Right-of-use assets, lease liabilities, occupancy expense

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: 29.4.2026