{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-046643","form_type":"8-K","ticker":"VABK","cik":"0001572334","company_name":"Virginia National Bankshares Corp","filed_at":"2024-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.028704+00:00","generated_at":"2026-06-03T11:55:02.664582+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"VABK Q1 net income $3.6M ($0.68 EPS), down 38% YoY; loans up 20%, NIM compresses","bullets":["Net income $3.6M ($0.68 diluted EPS) vs $5.8M ($1.08) Q1 2023; net interest income down 18.5% YoY.","Gross loans $1.1B, up 20% YoY; nonperforming assets 0.19% of total assets.","Net interest margin (FTE) 2.93%, down from 3.71% YoY; cost of funds stabilized at 211 bps.","Sold Masonry Capital Management to company officer effective April 1; 6-year revenue-share.","Book value per share $28.31 vs $26.50 YoY; tangible book value $25.99."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-046643","json":"https://secwatch.observer/filing/0000950170-24-046643.json","markdown":"https://secwatch.observer/filing/0000950170-24-046643.md","text":"https://secwatch.observer/filing/0000950170-24-046643.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1572334/000095017024046643/0000950170-24-046643-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1572334/000095017024046643/vabk-20240423.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T11:55:02.664582+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}