February 20, 2015
First Virginia Community Bank tops $600M in assets
Fairfax-based First Virginia Community Bank saw 2014 earnings rise more than 85 percent from the previous year and assets topped $600 million for the first time.
Full-year net income was $4.1 million, or 79 cents per share, compared with $2.2 million, or 48 cents per share in 2013.
Assets rose 19.3 percent in 2014 to $604.8 million. Loans rose 24.1 percent to $509.9 million.
First Virginia Community Bank ended the year with $504.2 million in deposits, up 17.3 percent from a year earlier.
The…