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Virginia National Bankshares (Virginia National Bankshares) Allowance For Loans And Lease Losses : $-8.29 Mil (As of Mar. 2024)


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What is Virginia National Bankshares Allowance For Loans And Lease Losses?

Virginia National Bankshares's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was $-8.29 Mil.

Virginia National Bankshares's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 ($-7.80 Mil) to Dec. 2023 ($-8.40 Mil) but then increased from Dec. 2023 ($-8.40 Mil) to Mar. 2024 ($-8.29 Mil).

Virginia National Bankshares's annual Allowance For Loans And Lease Losses increased from Dec. 2021 ($-5.98 Mil) to Dec. 2022 ($-5.55 Mil) but then declined from Dec. 2022 ($-5.55 Mil) to Dec. 2023 ($-8.40 Mil).


Virginia National Bankshares Allowance For Loans And Lease Losses Historical Data

The historical data trend for Virginia National Bankshares's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Virginia National Bankshares Allowance For Loans And Lease Losses Chart

Virginia National Bankshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.21 -5.46 -5.98 -5.55 -8.40

Virginia National Bankshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.77 -7.86 -7.80 -8.40 -8.29

Virginia National Bankshares Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.


Virginia National Bankshares Allowance For Loans And Lease Losses Related Terms

Thank you for viewing the detailed overview of Virginia National Bankshares's Allowance For Loans And Lease Losses provided by GuruFocus.com. Please click on the following links to see related term pages.


Virginia National Bankshares (Virginia National Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
404 People Place, Charlottesville, VA, USA, 22911
Virginia National Bankshares Corp is a bank holding company which is engaged in the commercial and retail banking business. The bank offers a range of banking and related financial services, including checking accounts, negotiable order of withdrawal accounts, money market deposit accounts, certificates of deposit, individual retirement accounts and other depository services. Its segments include the Bank, VNB Trust and Estate Services, Sturman Wealth Advisors, and Masonry Capital. The Bank's commercial banking activities involve making loans, taking deposits and offering related services to individuals, businesses and charitable organizations.
Executives
Adams John Buchanan Jr director 10 COURTHOUSE SQUARE, WARRENTON VA 20188
Kevin T Carter director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Glenn W Rust director, officer: President and CEO C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Jay B Keyser director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Randolph D Frostick director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Dittmar William D Jr. director C/O ENTERPRISE PROPERTIES, 401 EAST MARKET STREET, CHARLOTTESVILLE VA 22902
Virginia R Bayes officer: Chief Credit Officer & EVP C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Linda M Houston director C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
James T Holland director C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Donna G Shewmake officer: GC, EVP & Secretary C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Gregory L Wells director C/O ACAC FITNESS & WELLNESS CENTERS, 455 SECOND STREET, SUITE 301, CHARLOTTESVILLE VA 22902
Strange Sterling T Iii director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Marc J Bogan director, officer: President and CEO 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Tara Y Harrison officer: Chief Financial Officer & EVP 404 PEOPLE PLACE, CHARLOTTSVILLE VA 22911
Susan K Payne director C/O PAYNE ROSS & ASSOCIATES, 206 EAST JEFFERSON STREET, CHARLOTTESVILLE VA 22902