---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-21-002518"
form_type: "8-K"
ticker: "VABK"
cik: "0001572334"
company_name: "Virginia National Bankshares Corp"
filed_at: "2021-10-29T23:59:59+00:00"
generated_at: "2026-06-28T16:13:15.158326+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Virginia National Q3 net income up 68% to $3.1M; diluted EPS $0.59 excluding merger costs $0.86

## Summary
- Net income $3.1M ($0.59 diluted EPS) vs $1.9M ($0.69) Q3 2020; EPS decline due to merger share increase.
- Excluding $1.9M pre-tax merger costs, adjusted net income $4.6M ($0.86 diluted EPS).
- Merger with Fauquier closed April 1, 2021; headcount cut from 215 to 188 FTEs.
- ROAA 0.65% (0.95% ex merger costs) vs 0.89% (1.05% ex merger costs) year ago.
- Company established dividend reinvestment and direct stock purchase plan administered by AST.

## SEC filing metadata
- accession: 0000950170-21-002518
- form_type: 8-K
- ticker: VABK
- cik: 0001572334
- company_name: Virginia National Bankshares Corp
- filed_at: 2021-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1572334/000095017021002518/0000950170-21-002518-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1572334/000095017021002518/vabk-20211029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-21-002518
- JSON: https://secwatch.observer/filing/0000950170-21-002518.json
- Plain text: https://secwatch.observer/filing/0000950170-21-002518.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.