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$VABK
$49.15 -$0.54 (1.09%) Close

Company Executives

$VABK Management Team

Mr. William Dittmar

Non-Executive Chairman of the Board

Age 72
Compensation $115.0K USD
Sex Male

Ms. Virginia Bayes

Chief Banking Officer

Executive Vice President and Corporate Secretary

Age 64
Compensation $478.7K USD
Sex Female

Mr. Glenn Rust

President

Chief Executive Officer

Director

Age 69
Compensation $1.008M USD
Sex Male

Mr. John Adams

Non-Executive Vice Chairman of the Board

Age 80
Compensation $85.00K USD
Sex Male

Ms. Cathy Liles

Executive Vice President

Chief Financial Officer

Age 60
Compensation -
Sex Female

Board of Directors

From the proxy statement filed Apr 30, 2026
Directors
11
serving now
Independent
Not stated
the proxy does not say
Average tenure
7.1 years
from year joined
CEO also chairs the board
No
William D. Dittmar, Jr.
Director Age On board Independent Committees Other public boards 2025 pay Source
John B. Adams, Jr.
81 2021
5 years
 Not stated None stated None stated $85,000
Robert L. Burrows, Jr.
67 2026
0 years
 Not stated None stated None stated Not stated
Kevin T. Carter
60 2021
5 years
 Not stated None stated None stated $85,000
Hunter E. Craig
65 2020
6 years
 Not stated None stated None stated $85,000
William D. Dittmar, Jr.
Board chair
 73 2013
13 years
 Not stated None stated None stated $115,000
Randolph D. Frostick
69 2021
5 years
 Not stated None stated None stated $85,000
Linda M. Houston
68 2018
8 years
 Not stated None stated SPAR Group, Inc. $85,000
Jay B. Keyser
69 2021
5 years
 Not stated None stated None stated $85,000
Glenn W. Rust
CEO
 71 2013
13 years
 Not stated None stated None stated Paid as CEO
Sterling T. Strange, III
65 2021
5 years
 Not stated None stated None stated $85,000
Gregory L. Wells
69 2013
13 years
 Not stated None stated None stated $85,000

Each director opens the passage of the proxy that names them. "Not stated" means the proxy does not say; it never means "no". Pay is the proxy's Director Compensation table; the CEO is paid as an executive.

Related-party transactions

3 disclosed in the proxy filed Apr 30, 2026
Pantops Park, LLC
Manager and indirect owner is William D. Dittmar, Jr., chairman of the Company's Board
$720,097
January 1, 2025 through April 30, 2026

Lease and other payments by the Bank to or for the benefit of Pantops Park, LLC under a ground lease executed in 2005.

With the Bank Open in proxy
Pantops Park, LLC
Manager and indirect owner is William D. Dittmar, Jr., chairman of the Company's Board
$767,603
January 1, 2024 through April 28, 2025

Lease and other payments by the Bank for the benefit of Pantops Park, LLC.

With the Bank Open in proxy
Meghan Crider
Sister of William D. Dittmar, Jr., the chairman of the Company; Vice President of Educational Programs
Approximately $150,000
2025

Employment of Meghan Crider as Vice President of Educational Programs, with total compensation in 2025.

Open in proxy

The proxy also says directors, officers or their families deal with the company in the ordinary course of business, on the same terms as others. Those are not conflicts and are not listed. Read it in the proxy

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